Cirrus Logic Stock Today

CRUS Stock  USD 104.45  1.07  1.01%   

Performance

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Odds Of Distress

Less than 6

 
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Cirrus Logic is selling for under 104.45 as of the 30th of November 2024; that is 1.01 percent decrease since the beginning of the trading day. The stock's lowest day price was 104.37. Cirrus Logic has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on November 16, 2023, Senator Tommy Tuberville of US Senate acquired under $15k worth of Cirrus Logic's common stock.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
9th of June 1989
Category
Technology
Classification
Information Technology
Cirrus Logic, Inc., a fabless semiconductor company, provides low-power and high-precision mixed-signal processing solutions in the United States and internationally. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas. Cirrus Logic operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. The company has 53.14 M outstanding shares of which 2.17 M shares are currently shorted by private and institutional investors with about 2.74 trading days to cover. More on Cirrus Logic

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Cirrus Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOJohn Forsyth
Thematic IdeaSemiconductor (View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Semiconductor, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.123
Moderately Down
Slightly volatile
Asset Turnover1.070.8016
Significantly Up
Slightly volatile
Gross Profit Margin0.50.5121
Fairly Down
Slightly volatile
Total Current Liabilities144.3 M186.4 M
Significantly Down
Slightly volatile
Non Current Liabilities Total239.6 M228.2 M
Sufficiently Up
Slightly volatile
Total Assets2.3 B2.2 B
Sufficiently Up
Slightly volatile
Total Current Assets1.2 B1.1 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities442.8 M421.7 M
Sufficiently Up
Slightly volatile
Debt Levels
Cirrus Logic can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cirrus Logic's financial leverage. It provides some insight into what part of Cirrus Logic's total assets is financed by creditors.
Liquidity
Cirrus Logic currently holds 155.22 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Cirrus Logic has a current ratio of 3.34, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Cirrus Logic's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

29.95 Million
Cirrus Logic (CRUS) is traded on NASDAQ Exchange in USA. It is located in 800 West 6th Street, Austin, TX, United States, 78701 and employs 1,609 people. Cirrus Logic is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.61 B. Cirrus Logic conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 53.14 M outstanding shares of which 2.17 M shares are currently shorted by private and institutional investors with about 2.74 trading days to cover. Cirrus Logic currently holds about 397.73 M in cash with 421.67 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.11.
Check Cirrus Logic Probability Of Bankruptcy
Ownership Allocation
Cirrus Logic holds a total of 53.14 Million outstanding shares. The majority of Cirrus Logic outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cirrus Logic to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cirrus Logic. Please pay attention to any change in the institutional holdings of Cirrus Logic as this could imply that something significant has changed or is about to change at the company. On November 16, 2023, Senator Tommy Tuberville of US Senate acquired under $15k worth of Cirrus Logic's common stock.
Check Cirrus Ownership Details

Cirrus Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
1.1 M
Macquarie Group Ltd2024-06-30
813.8 K
Amvescap Plc.2024-06-30
796.6 K
Morgan Stanley - Brokerage Accounts2024-06-30
780.4 K
Sei Investments Co2024-06-30
756.6 K
Charles Schwab Investment Management Inc2024-09-30
720.8 K
Pacer Advisors, Inc.2024-06-30
665.3 K
Norges Bank2024-06-30
647.7 K
Royce & Associates, Lp2024-09-30
621.6 K
Vanguard Group Inc2024-09-30
6.4 M
Blackrock Inc2024-06-30
5.9 M
View Cirrus Logic Diagnostics

Cirrus Logic Historical Income Statement

At this time, Cirrus Logic's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 288.3 M in 2024, whereas Interest Expense is likely to drop slightly above 869.2 K in 2024. View More Fundamentals

Cirrus Stock Against Markets

Cirrus Logic Corporate Management

Additional 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.