CADENCE DESIGN SYS INC (CDS.DE) Stock Price, Forecast & Analysis
Europe - Frankfurt Stock Exchange - FRA:CDS - US1273871087 - Common Stock
CDS.DE Key Statistics, Chart & Performance
The current stock price of CDS.DE is 273.95 EUR. In the past month the price increased by 1.05%.
CDS.DE Technical Analysis
ChartMill assigns a technical rating of 4 / 10 to CDS.DE.
CDS.DE Fundamental Analysis
ChartMill assigns a fundamental rating of 6 / 10 to CDS.DE. CDS.DE has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company.
CDS.DE Financial Highlights
Over the last trailing twelve months CDS.DE reported a non-GAAP Earnings per Share(EPS) of 5.99. The EPS increased by 28.52% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 20.35% | ||
| ROA | 11.05% | ||
| ROE | 20.41% | ||
| Debt/Equity | 0.48 |
CDS.DE Forecast & Estimates
32 analysts have analysed CDS.DE and the average price target is 334.6 EUR. This implies a price increase of 22.14% is expected in the next year compared to the current price of 273.95.
For the next year, analysts expect an EPS growth of 20.59% and a revenue growth 13.96% for CDS.DE
CDS.DE Ownership
About CDS.DE
Company Profile
Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 13,693 full-time employees. The firm applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
Company Info
CADENCE DESIGN SYS INC
2655 Seely Avenue Bldg 5
San Jose CALIFORNIA US
Employees: 12700
Phone: 14089431234
CADENCE DESIGN SYS INC / CDS.DE FAQ
Can you describe the business of CADENCE DESIGN SYS INC?
Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 13,693 full-time employees. The firm applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
What is the current price of CDS stock?
The current stock price of CDS.DE is 273.95 EUR. The price increased by 1.78% in the last trading session.
Does CDS stock pay dividends?
CDS.DE does not pay a dividend.
How is the ChartMill rating for CADENCE DESIGN SYS INC?
CDS.DE has a ChartMill Technical rating of 4 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
Where is CADENCE DESIGN SYS INC (CDS.DE) stock traded?
CDS.DE stock is listed on the Frankfurt Stock Exchange exchange.
How is the valuation of CADENCE DESIGN SYS INC (CDS.DE) based on its PE ratio?
The PE ratio for CADENCE DESIGN SYS INC (CDS.DE) is 45.73. This is based on the reported non-GAAP earnings per share of 5.99 and the current share price of 273.95 EUR.