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


Cadence Design Systems, Inc. (CDNS)

Today's Latest Price: $91.27 USD

1.69 (-1.82%)

Updated Jun 4 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 28 in Technology - Hardware

See all "A" rated Strong Buy stocks

CDNS Stock Summary

  • CDNS has a market capitalization of $25,953,223,520 -- more than approximately 93.01% of US stocks.
  • Price to trailing twelve month operating cash flow for CDNS is currently 34.06, higher than 89.92% of US stocks with positive operating cash flow.
  • With a price/sales ratio of 10.92, Cadence Design Systems Inc has a higher such ratio than 88.9% of stocks in our set.
  • Stocks that are quantitatively similar to CDNS, based on their financial statements, market capitalization, and price volatility, are SNPS, XLNX, EA, MXIM, and SWKS.
  • 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 Daily Price Range
CDNS 52-Week Price Range

CDNS Stock Price Chart More Charts


CDNS Price/Volume Stats

Current price $91.27 52-week high $93.30
Prev. close $92.96 52-week low $51.39
Day low $90.85 Volume 1,539,932
Day high $93.01 Avg. volume 2,213,133
50-day MA $78.61 Dividend yield N/A
200-day MA $70.76 Market Cap 25.57B

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 PriceDCF Fair Value Target:Forecasted Gain:
$91.27$44.31-52%

We started the process of determining a valid price forecast for Cadence Design Systems Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Cadence Design Systems Inc ranked in the 30th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. 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 3% of the company's capital (with equity being the remaining amount). Approximately merely 9.41% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
  • CDNS's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 52.7% of tickers in our DCF set.
  • As a business, Cadence Design Systems Inc experienced a tax rate of about 4081% over the past twelve months; relative to its sector (Technology), this tax rate is higher than 99.48% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-53%
1%-53%
2%-52%
3%-52%
4%-51%
5%-51%

Want more companies with a valuation profile/forecast similar to that of Cadence Design Systems Inc? See G, IT, STX, EBIX, and FN.


CDNS Latest News Stream


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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's (CDNS) Clarity 3D Solver Adopted by Ambarella

Cadence's (CDNS) Clarity 3D Solver solution will help Ambarella to address the challenges faced by its next-generation AI vision processors and accelerate the design process.

Zacks Investment Research | June 3, 2020

Cadence Achieves Digital and Custom/Analog EDA Flow Certification for TSMC N6 and N5 Process Technologies

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--Cadence digital full flow and custom/analog tool suites have been further enhanced to deliver optimal results on TSMC’s N6 and N5 process technologies

Business Wire | June 2, 2020

Ambarella Adopts Cadence Clarity 3D Solver for AI Vision Processor Development

Ambarella adopted the Cadence Clarity™ 3D Solver for design of their next-generation AI vision processors.

Yahoo | June 1, 2020

Bull Of The Day: Synopsys (SNPS)

Bull Of The Day: Synopsys (SNPS)

Yahoo | June 1, 2020

Cadence Optimizes Digital Full Flow and Verification Suite for Arm Cortex-A78 and Cortex-X1 CPU Mobile Device Development

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #EDA--Cadence broadened its collaboration with Arm to advance the development of mobile devices based on the Arm Cortex-A78 and Cortex-X1 CPUs.

Business Wire | May 26, 2020

Read More 'CDNS' Stories Here

CDNS Price Returns

1-mo 14.56%
3-mo 41.00%
6-mo 35.86%
1-year 41.50%
3-year 156.95%
5-year 347.62%
YTD 31.59%
2019 59.52%
2018 3.97%
2017 65.82%
2016 21.19%
2015 9.70%

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