CDNS — Cadence Design Systems Share Price
Last trade - 00:00- $83.37bn
- $82.89bn
- $4.09bn
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 49.12 | ||
| PEG Ratio (f) | 1.72 | ||
| EPS Growth (f) | 40.07% | ||
| Dividend Yield (f) | n/a | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 24.49 | ||
| Price to Tang. Book | 54.44 | ||
| Price to Free Cashflow | 66.88 | ||
| Price to Sales | 20.39 | ||
| EV to EBITDA | 59.35 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 30.68% | ||
| Return on Equity | 33.86% | ||
| Operating Margin | 30.59% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | 2,336.32 | 2,682.89 | 2,988.24 | 3,561.72 | 4,089.99 | 4,589.43 | 5,186.05 | 13.85% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +181.18 | -39.56 | +16.31 | +23.87 | +24.71 | +54.23 | +17.03 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Cadence Design Systems, Inc. is an electronic system designing company. The Company provides computational software, special-purpose computational hardware, intellectual property (IP) and services to multiple vertical sectors. The Company's Custom IC Design and Simulation offerings are used by its customers to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency (RF) designs. Its Digital IC Design and Signoff solutions are used to create logical representations of a digital circuit or an integrated circuit (IC) that can be verified for correctness prior to implementation. The Company’s Functional Verification products are used by its customers to verify that the circuitry or the software they have designed is consistent with the functional specification. Its IP offerings consist of pre-verified, customizable functional blocks.
Directors
- Lip-Bu Tan CHM (61)
- Anirudh Devgan PRE (51)
- John Wall CFO (50)
- Alinka Flaminia SVP (59)
- Thomas Beckley SVP (63)
- Surendra Mandava SVP (62)
- Chin-Chi Teng SVP (55)
- Neil Zaman SVP (52)
- John Shoven LED (73)
- Mary Krakauer DRC (64)
- Mark Adams IND (57)
- Ita Brennan IND (54)
- Lewis Chew IND (58)
- Julia Liuson IND (50)
- James Plummer IND (76)
- Alberto Sangiovanni-Vincentelli IND (73)
- Young Sohn IND (65)
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- April 8th, 1987
- Public Since
- June 1st, 1988
- No. of Shareholders
- 344
- No. of Employees
- 11,200
- Sector
- Software & IT Services
- Industry
- Technology
- Exchange
- NASDAQ Global Select Market
- Shares in Issue
- 272,600,859
- Address
- 2655 Seely Avenue Bldg 5, SAN JOSE, 95134
- Web
- https://www.cadence.com/
- Phone
- +1 4089431234
- Auditors
- PricewaterhouseCoopers LLP
Latest News for CDNS
Upcoming Events for CDNS
Q1 2024 Cadence Design Systems Inc Earnings Release
Q1 2024 Cadence Design Systems Inc Earnings Call
Cadence Design Systems Inc Annual Shareholders Meeting
Cadence Design Systems Inc Annual Shareholders Meeting
Q2 2024 Cadence Design Systems Inc Earnings Release
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FAQ
As of Today at 19:04 UTC, shares in Cadence Design Systems are trading at $305.85. This share price information is delayed by 15 minutes.
Shares in Cadence Design Systems last closed at $305.85 and the price had moved by +40.94% over the past 365 days. In terms of relative price strength the Cadence Design Systems share price has outperformed the S&P500 Index by +13.82% over the past year.
The overall consensus recommendation for Cadence Design Systems is Buy. You can view the full broker recommendation list by unlocking its StockReport.
Cadence Design Systems does not currently pay a dividend.
Cadence Design Systems does not currently pay a dividend.
Cadence Design Systems does not currently pay a dividend.
To buy shares in Cadence Design Systems you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of $305.85, shares in Cadence Design Systems had a market capitalisation of $83.37bn.
Here are the trading details for Cadence Design Systems:
- Country of listing: United States
- Exchange: NSQ
- Ticker Symbol: CDNS
Based on an overall assessment of its quality, value and momentum Cadence Design Systems is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Cadence Design Systems is $326.74. That is 6.83% above the last closing price of $305.85.
Analysts covering Cadence Design Systems currently have a consensus Earnings Per Share (EPS) forecast of $5.94 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Cadence Design Systems. Over the past six months, its share price has outperformed the S&P500 Index by +4.33%.
As of the last closing price of $305.85, shares in Cadence Design Systems were trading +15.85% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Cadence Design Systems PE ratio based on its reported earnings over the past 12 months is 49.12. The shares last closed at $305.85.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Cadence Design Systems' management team is headed by:
- Lip-Bu Tan - CHM
- Anirudh Devgan - PRE
- John Wall - CFO
- Alinka Flaminia - SVP
- Thomas Beckley - SVP
- Surendra Mandava - SVP
- Chin-Chi Teng - SVP
- Neil Zaman - SVP
- John Shoven - LED
- Mary Krakauer - DRC
- Mark Adams - IND
- Ita Brennan - IND
- Lewis Chew - IND
- Julia Liuson - IND
- James Plummer - IND
- Alberto Sangiovanni-Vincentelli - IND
- Young Sohn - IND