Cypress Semiconductor Corporation (CY)
Morgan Stanley Downgrades Cypress Semiconductor Corporation (CY)’s stock to Underweight with no specific Price Target. This rating was issued on 3/30/17. The stock recently closed its previous session at $13.18 by showing a percentage change of -0.98% from its previous day closing price of $13.31.
Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.
Several investment firms issued their expert ratings on Cypress Semiconductor Corporation (CY) in which Pacific Crest Reiterates Cypress Semiconductor Corporation (CY) to Overweight by settling a price target of $17 on 3/29/17. Loop Capital Initiates Coverage On the stock to Buy on 12/06/16 by stationing a price target of $14. Barclays Downgrades the company’s stock to Equal-Weight on 10/18/16 with no specific Price Target. Roth Capital Initiates Coverage on Cypress Semiconductor Corporation (CY) to Buy with a price target of $13.
Cypress Semiconductor Corporation (CY) currently has a consensus Price Target of $15.19. While some analysts have a High Price target for the stock of $18 and a Low Price Target of $12.
Several sell side analysts reviewed their recommendations on Cypress Semiconductor Corporation (CY) where 1 analyst have rated the stock as Strong Buy, 6 analysts said it’s a Buy, 6 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)
Zacks Investment Research also rated the stock with a value of 2.11. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.
In the last Quarter, Cypress Semiconductor Corporation (CY) reported its Actual EPS of $0.15/share. The analysts offering Earnings Estimates for the company were believing that Cypress Semiconductor Corporation (CY) could bring EPS of $0.14/share. The difference between Actual EPS and Estimated EPS was 0.01 Percent. Thus the company showed an Earnings Surprise of 7.1 Percent.
Cypress Semiconductor Corporation (CY) has a market capitalization of 4.32 Billion. The stock traded with the volume of 9.04 Million shares in the last trading session. The stock touched its high share price of $14.98 on Mar 28, 2017 and the stock also touched its Lowest price in the last 52-weeks of trading on Apr 12, 2016 as $8.02. The company has a 1 Year high price target of $15.19. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -4.81%. The Moving Average SMA50 is 0.36% while SMA200 is 14.81%.
Cypress Semiconductor Corporation (CY) is currently showing its ROA (Return on Assets) of -18.4%. The Return on Investment (ROI) is at -19.7% while it’s Return on Equity (ROE) value stands at -33.2%. The stock currently shows its YTD (Year to Date) performance of 16.07 percent while its Weekly performance value is -5.65%. The Monthly and Yearly performances are -0.16 percent and 67.83 percent respectively. The Relative Volume value measured for Cypress Semiconductor Corporation (CY) is 1.32. The Average Volume (3 months) is 6.87 Million.
The stock currently has its Annual Dividend of $0.44 and an annual Dividend Yield of 3.34 Percent. CY has P/E (Price to Earnings ttm) value of 0, Forward P/E of 13.92, P/C (Price to cash per share) of 0 and Price to Free Cash Flow (P/FCF) value of 236.84. The stock is showing its Operating Margin of -31.8 percent.
Company Profile
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Cypress Semiconductor Corporation designs, develops, manufactures and markets a broad line of high-performance digital and mixed-signal integrated circuits for a range of markets, including data communications, telecommunications, computers, and instrumentation systems. The company sells the products to a wide range of customers, including Lucent Technologies Inc., Motorola, Inc., Nortel Networks Corporation, Seagate Technology, Inc., Compaq Computer Corporation, 3Com Corporation, IBM, Cisco Systems, Inc. and Sony Corporation.
