Cadence Design Systems In... (CDNS)

Share Statistics

Cadence Design Systems has 275.39M shares outstanding. The shares have a market value of 89.98B.

Short Selling Information

Short interest in Cadence Design Systems is 2.22% of the outstanding shares, representing 6.1M shares. The short ratio is 2.6.

Valuation Ratios

The stock has a PE ratio of 64.83, meaning that every $1 in earnings is currently priced at $64.83 in the stock market.

Enterprise Valuation

The enterprise value is 91.32B. Enterprise value adds debt and subtracts cash from the company's market cap, providing an alternative valuation for the company.

Financial Position

Cadence Design Systems's current ratio is 1.74. A current ratio above 1 means that the company has enough short-term assets to cover its short-term liabilities.

Financial Efficiency

Return on Equity is 23.23%, and return on invested capital is 20.5%.

Taxes

Income Statement

In the last 12 months, Cadence Design Systems had revenue of 5.84B and earned 1.38B in profits. Earnings per share was 5.04.

Balance Sheet

Cadence Design Systems has 1.44B in cash on the balance sheet. Total assets are 12.08B, and total liabilities are 2.65B.

Cash Flow

Cadence Design Systems's operating cash flow was 1.85B over the trailing twelve months.

Margins

Cadence Design Systems's gross profit margin was 85.87%, while its operating and net profit margins were 30.82% and 23.61%, respectively.

Analyst Forecast

According to 26 stock analysts, the average 12-month price target for Cadence Design Systems is $402.5. The average analyst rating is "Strong Buy".

Fair Value

There are several formulas that can be used to estimate the fair value of a stock. The Graham Number estimates a fair value of $53.14, representing a potential upside of -83.74%.

Stock Splits

The most recent stock split was a forward 2:1 split that occurred on Nov 17, 1997.

Scores