Cirrus Logic Stock Cash Per Share
| CRUS Stock | USD 85.91 1.91 2.27% |
Cirrus Logic fundamentals help investors to digest information that contributes to Cirrus Logic's financial success or failures. It also enables traders to predict the movement of Cirrus Stock. The fundamental analysis module provides a way to measure Cirrus Logic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cirrus Logic stock.
| Last Reported | Projected for Next Year | ||
| Cash Per Share | 4.13 | 2.48 |
Cirrus | Cash Per Share |
Cirrus Logic Company Cash Per Share Analysis
Cirrus Logic's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Cirrus Logic Cash Per Share | 7.11 X |
Most of Cirrus Logic's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cirrus Logic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cirrus Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Cirrus Logic is extremely important. It helps to project a fair market value of Cirrus Stock properly, considering its historical fundamentals such as Cash Per Share. Since Cirrus Logic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cirrus Logic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cirrus Logic's interrelated accounts and indicators.
Click cells to compare fundamentals
Cirrus Cash Per Share Historical Pattern
Today, most investors in Cirrus Logic Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cirrus Logic's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cirrus Logic cash per share as a starting point in their analysis.
Cirrus Logic Cash Per Share |
| Timeline |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
| Competition |
Cirrus Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Cirrus Logic has a Cash Per Share of 7.11 times. This is 101.99% higher than that of the Semiconductors & Semiconductor Equipment sector and 64.2% higher than that of the Information Technology industry. The cash per share for all United States stocks is 41.92% lower than that of the firm.
Cirrus Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cirrus Logic's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cirrus Logic could also be used in its relative valuation, which is a method of valuing Cirrus Logic by comparing valuation metrics of similar companies.Cirrus Logic is currently under evaluation in cash per share category among related companies.
Cirrus Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0931 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | 4.28 B | ||||
| Shares Outstanding | 53.94 M | ||||
| Shares Owned By Insiders | 0.43 % | ||||
| Shares Owned By Institutions | 90.06 % | ||||
| Number Of Shares Shorted | 785.76 K | ||||
| Price To Earning | 21.08 X | ||||
| Price To Book | 2.65 X | ||||
| Price To Sales | 2.67 X | ||||
| Revenue | 1.9 B | ||||
| Gross Profit | 923.64 M | ||||
| EBITDA | 326.84 M | ||||
| Net Income | 176.7 M | ||||
| Cash And Equivalents | 397.73 M | ||||
| Cash Per Share | 7.11 X | ||||
| Total Debt | 141.07 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 3.41 X | ||||
| Book Value Per Share | 33.39 X | ||||
| Cash Flow From Operations | 339.57 M | ||||
| Short Ratio | 2.47 X | ||||
| Earnings Per Share | 3.16 X | ||||
| Price To Earnings To Growth | 8.09 X | ||||
| Target Price | 97.5 | ||||
| Number Of Employees | 1.64 K | ||||
| Beta | 0.98 | ||||
| Market Capitalization | 4.63 B | ||||
| Total Asset | 2.06 B | ||||
| Retained Earnings | (9.32 M) | ||||
| Working Capital | 801.52 M | ||||
| Current Asset | 506.13 M | ||||
| Current Liabilities | 128.12 M | ||||
| Net Asset | 2.06 B |
About Cirrus Logic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cirrus Logic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cirrus Logic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cirrus Logic based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Cirrus Logic Investors Sentiment
The influence of Cirrus Logic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cirrus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cirrus Logic's public news can be used to forecast risks associated with an investment in Cirrus. The trend in average sentiment can be used to explain how an investor holding Cirrus can time the market purely based on public headlines and social activities around Cirrus Logic. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cirrus Logic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cirrus Logic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cirrus Logic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cirrus Logic.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cirrus Logic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cirrus Logic's short interest history, or implied volatility extrapolated from Cirrus Logic options trading.
Pair Trading with Cirrus Logic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cirrus Logic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cirrus Logic will appreciate offsetting losses from the drop in the long position's value.Moving together with Cirrus Stock
| 0.75 | ENPH | Enphase Energy | PairCorr |
| 0.81 | MKSI | MKS Instruments Earnings Call This Week | PairCorr |
Moving against Cirrus Stock
| 0.53 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
The ability to find closely correlated positions to Cirrus Logic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cirrus Logic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cirrus Logic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cirrus Logic to buy it.
The correlation of Cirrus Logic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cirrus Logic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cirrus Logic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cirrus Logic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Cirrus Logic Piotroski F Score and Cirrus Logic Altman Z Score analysis. For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Cirrus Stock analysis
When running Cirrus Logic's price analysis, check to measure Cirrus Logic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cirrus Logic is operating at the current time. Most of Cirrus Logic's value examination focuses on studying past and present price action to predict the probability of Cirrus Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cirrus Logic's price. Additionally, you may evaluate how the addition of Cirrus Logic to your portfolios can decrease your overall portfolio volatility.
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Is Cirrus Logic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cirrus Logic. If investors know Cirrus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cirrus Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.366 | Earnings Share 3.16 | Revenue Per Share 32.758 | Quarterly Revenue Growth 0.048 | Return On Assets 0.0931 |
The market value of Cirrus Logic is measured differently than its book value, which is the value of Cirrus that is recorded on the company's balance sheet. Investors also form their own opinion of Cirrus Logic's value that differs from its market value or its book value, called intrinsic value, which is Cirrus Logic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cirrus Logic's market value can be influenced by many factors that don't directly affect Cirrus Logic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cirrus Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cirrus Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cirrus Logic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.