Cadence Design Systems Inc. (CDNS): Price and Financial Metrics


Cadence Design Systems Inc. (CDNS): $149.64

-0.39 (-0.26%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

CDNS POWR Grades


  • Quality is the dimension where CDNS ranks best; there it ranks ahead of 99.5% of US stocks.
  • The strongest trend for CDNS is in Stability, which has been heading down over the past 179 days.
  • CDNS ranks lowest in Momentum; there it ranks in the 28th percentile.

CDNS Stock Summary

  • CDNS has a higher market value than 94.05% of US stocks; more precisely, its current market capitalization is $46,029,455,920.
  • With a one year PEG ratio of 327.64, Cadence Design Systems Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 92.55% of US stocks.
  • CDNS's price/sales ratio is 15.4; that's higher than the P/S ratio of 90.81% of US stocks.
  • If you're looking for stocks that are quantitatively similar to Cadence Design Systems Inc, a group of peers worth examining would be NXPI, SNPS, BGNE, ALNY, and SGEN.
  • Visit CDNS's SEC page to see the company's official filings. To visit the company's web site, go to www.cadence.com.

CDNS Valuation Summary

  • CDNS's EV/EBIT ratio is 59.4; this is 84.19% higher than that of the median Technology stock.
  • CDNS's price/sales ratio has moved up 12.2 over the prior 243 months.
  • Over the past 243 months, CDNS's price/sales ratio has gone up 12.2.

Below are key valuation metrics over time for CDNS.

Stock Date P/S P/B P/E EV/EBIT
CDNS 2021-09-01 15.7 18.1 67.0 59.4
CDNS 2021-08-31 15.7 18.0 66.7 59.2
CDNS 2021-08-30 15.7 18.0 66.9 59.3
CDNS 2021-08-27 15.6 17.9 66.3 58.8
CDNS 2021-08-26 15.3 17.5 65.0 57.7
CDNS 2021-08-25 15.2 17.4 64.7 57.4

CDNS Growth Metrics

    The 4 year revenue growth rate now stands at 36.75%.
  • The year over year price growth rate now stands at 85.29%.
  • Its 3 year cash and equivalents growth rate is now at -33.5%.
Over the past 52 months, CDNS's revenue has gone up $1,077,954,000.

The table below shows CDNS's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-12-31 2,988.244 1,100.958 695.955
2021-09-30 2,975.117 1,020.623 693.114
2021-06-30 2,890.829 930.897 678.437
2021-03-31 2,800.962 895.645 653.825
2020-12-31 2,682.891 904.922 590.644
2020-09-30 2,522.537 928.696 1,076.581

CDNS's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • CDNS has a Quality Grade of A, ranking ahead of 99.34% of graded US stocks.
  • CDNS's asset turnover comes in at 0.731 -- ranking 213th of 561 Business Services stocks.
  • CTK, SSNT, and ACM are the stocks whose asset turnover ratios are most correlated with CDNS.

The table below shows CDNS's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-10-02 0.731 0.896 0.504
2021-07-03 0.713 0.890 0.494
2021-04-03 0.696 0.888 0.488
2021-01-02 0.677 0.886 0.452
2020-09-26 0.661 0.879 0.402
2020-06-27 0.707 0.883 0.403

CDNS Price Target

For more insight on analysts targets of CDNS, see our CDNS price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $159.51 Average Broker Recommendation 1.67 (Moderate Buy)

CDNS Stock Price Chart Interactive Chart >

Price chart for CDNS

CDNS Price/Volume Stats

Current price $149.64 52-week high $192.70
Prev. close $150.03 52-week low $132.32
Day low $147.40 Volume 1,509,200
Day high $150.78 Avg. volume 1,738,883
50-day MA $149.11 Dividend yield N/A
200-day MA $159.67 Market Cap 41.26B

Cadence Design Systems Inc. (CDNS) Company Bio


Cadence Design Systems, Inc. (stylized as cādence), headquartered in San Jose, California, is an American multinational computational software company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company produces softwarehardware and silicon structures for designing integrated circuitssystems on chips (SoCs) and printed circuit boards. (Source:Wikipedia)


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Latest CDNS News From Around the Web

Below are the latest news stories about Cadence Design Systems Inc that investors may wish to consider to help them evaluate CDNS as an investment opportunity.

Cadence (CDNS) is an Incredible Growth Stock: 3 Reasons Why

Cadence (CDNS) possesses solid growth attributes, which could help it handily outperform the market.

Yahoo | February 25, 2022

NetApp (NTAP) to Strengthen Spot Portfolio on Fylamynt Buyout

The latest acquisition of Fylamynt revs up NetApp's (NTAP) overall CloudOps leadership and empowers customers to continue to take benefit of more cloud at a reduced cost.

Yahoo | February 25, 2022

Telefonica (TEF) Slips to Loss in Q4, Revenues Fall Y/Y

Telefonica (TEF) incurs fourth-quarter 2021 net loss of 1,198 million euros ($1,439.5 million), plunging 231.5% year on year.

Yahoo | February 25, 2022

Cadence Computational Fluid Dynamics: Lowering Fuel Consumption Through Robust Design Optimization (RDO) of Ship Propellers

Even the smallest improvement in the design of the propellers can save ship operators millions of dollars across an entire fleet... and make shipping a bit more sustainable.

Yahoo | February 24, 2022

Sensata (ST) Buys Elastic M2M to Enhance Cloud Capabilities

The buyout of Elastic M2M is expected to further reinforce Sensata's (ST) position as a leading data insight provider across transportation and logistics end markets.

Yahoo | February 24, 2022

Read More 'CDNS' Stories Here

CDNS Price Returns

1-mo -5.63%
3-mo -10.45%
6-mo -16.07%
1-year 8.48%
3-year 100.03%
5-year 352.49%
YTD -19.70%
2021 36.59%
2020 96.70%
2019 59.52%
2018 3.97%
2017 65.82%

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