Cadence Design Systems, Inc. (CDNS): Price and Financial Metrics
Cadence Design Systems, Inc. (CDNS)
Today's Latest Price: $110.82 USD
Updated Oct 27 1:43pm
Add CDNS to WatchlistSign Up
POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 30 in Technology - Hardware
See all "A" rated Strong Buy stocks
CDNS Stock Summary
- Cadence Design Systems Inc's market capitalization of $30,648,938,280 is ahead of 93.33% of US-listed equities.
- Price to trailing twelve month operating cash flow for CDNS is currently 33, higher than 88.45% of US stocks with positive operating cash flow.
- CDNS's price/sales ratio is 12.15; that's higher than the P/S ratio of 88.64% of US stocks.
- Stocks that are quantitatively similar to CDNS, based on their financial statements, market capitalization, and price volatility, are SNPS, EA, MXIM, SGEN, and XLNX.
- CDNS's SEC filings can be seen here. And to visit Cadence Design Systems Inc's official web site, go to www.cadence.com.
CDNS Stock Price Chart Interactive Chart >
CDNS Price/Volume Stats
| Current price | $110.82 | 52-week high | $118.22 |
| Prev. close | $109.88 | 52-week low | $51.39 |
| Day low | $109.96 | Volume | 398,401 |
| Day high | $112.20 | Avg. volume | 1,938,351 |
| 50-day MA | $108.33 | Dividend yield | N/A |
| 200-day MA | $89.25 | Market Cap | 30.91B |
Cadence Design Systems, Inc. (CDNS) Company Bio
Cadence Design Systems develops, sells, leases, and licenses electronic design automation software, emulation and prototyping hardware, verification intellectual property, and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide. The company was founded in 1988 and is based in San Jose, California.
CDNS Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $110.82 | $60.66 | -45% |
Below please find a table outlining a discounted cash flow forecast for CDNS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Cadence Design Systems Inc ranked in the 33th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Cadence Design Systems Inc ended up being:
- The business' balance sheet reveals debt to be 2% of the company's capital (with equity being the remaining amount). Approximately just 8.71% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
- Cadence Design Systems Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
- The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 0% of stocks in its sector (Technology).
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -46% |
| 1% | -45% |
| 2% | -45% |
| 3% | -44% |
| 4% | -44% |
| 5% | -43% |
Want more companies with a valuation profile/forecast similar to that of Cadence Design Systems Inc? See AMOT, LFUS, TDY, ACIW, and IEC.
Loading social stream, please wait...