CDNS RSI Chart
Last 7 days
8.1%
Last 30 days
11.2%
Last 90 days
17.0%
Trailing 12 Months
52.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.7B | 3.8B | 3.9B | 4.1B |
2022 | 3.2B | 3.3B | 3.4B | 3.6B |
2021 | 2.8B | 2.9B | 3.0B | 3.0B |
2020 | 2.4B | 2.4B | 2.5B | 2.7B |
2019 | 2.2B | 2.3B | 2.3B | 2.3B |
2018 | 2.0B | 2.0B | 2.1B | 2.1B |
2017 | 1.8B | 1.9B | 1.9B | 1.9B |
2016 | 1.7B | 1.8B | 1.8B | 1.8B |
2015 | 1.6B | 1.7B | 1.7B | 1.7B |
2014 | 1.5B | 1.5B | 1.5B | 1.6B |
2013 | 1.4B | 1.4B | 1.4B | 1.5B |
2012 | 1.2B | 1.2B | 1.3B | 1.3B |
2011 | 980.1M | 1.0B | 1.1B | 1.1B |
2010 | 868.3M | 885.4M | 907.2M | 936.0M |
2009 | 0 | 976.6M | 914.6M | 852.6M |
2008 | 0 | 0 | 0 | 1.0B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 18, 2024 | zaman aneel | sold | -7,137,110 | 302 | -23,592 | sr. vice president |
Mar 18, 2024 | devgan anirudh | sold | -14,681,200 | 302 | -48,533 | president and ceo |
Mar 18, 2024 | nisewaner karna | sold (taxes) | -96,899 | 300 | -322 | svp & general counsel |
Mar 15, 2024 | teng chin-chi | sold (taxes) | -6,805,030 | 298 | -22,802 | sr. vice president |
Mar 15, 2024 | nisewaner karna | sold (taxes) | -277,251 | 298 | -929 | svp & general counsel |
Mar 15, 2024 | zaman aneel | acquired | - | - | 10,138 | sr. vice president |
Mar 15, 2024 | cunningham paul | sold (taxes) | -7,284,020 | 298 | -24,407 | sr. vice president |
Mar 15, 2024 | devgan anirudh | acquired | - | - | 29,105 | president and ceo |
Mar 15, 2024 | beckley thomas p | sold (taxes) | -5,988,200 | 298 | -20,065 | sr. vice president |
Mar 15, 2024 | devgan anirudh | sold (taxes) | -14,687,700 | 298 | -49,215 | president and ceo |
Which funds bought or sold CDNS recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 26, 2024 | HighPoint Advisor Group LLC | new | - | 807,000 | 807,000 | 0.06% |
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 4.36 | 13,617,200 | 77,485,700 | 0.06% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | sold off | -100 | -12,384,200 | - | -% |
Mar 18, 2024 | KINGDON CAPITAL MANAGEMENT, L.L.C. | added | 54.55 | 10,265,000 | 23,151,400 | 1.45% |
Mar 15, 2024 | CAPE ANN SAVINGS BANK | reduced | -0.28 | 280,772 | 1,514,130 | 1.00% |
Mar 15, 2024 | B. Riley Wealth Advisors, Inc. | reduced | -21.17 | -107,460 | 1,176,370 | 0.03% |
Mar 13, 2024 | Sivia Capital Partners, LLC | new | - | 252,759 | 252,759 | 0.19% |
Mar 12, 2024 | Spartan Planning & Wealth Management | reduced | -73.83 | -188,791 | 82,528 | 0.09% |
Mar 11, 2024 | Wahed Invest LLC | added | 4.27 | 217,566 | 1,243,100 | 0.35% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 1.59 | 1,022,970,000 | 6,674,010,000 | 0.15% |
Unveiling Cadence Design Systems Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Peers (Alternatives to Cadence Design Systems Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CRM | 292.4B | 34.9B | 70.69 | 8.39 | ||||
UBER | 162.2B | 37.3B | 85.95 | 4.35 | ||||
ADSK | 55.8B | 5.3B | 60.88 | 10.44 | ||||
ANSS | 30.3B | 2.3B | 60.5 | 13.34 | ||||
ZM | 20.2B | 4.5B | 31.61 | 4.45 | ||||
MID-CAP | ||||||||
APPF | 8.8B | 620.4M | 3.3K | 14.22 | ||||
LYFT | 7.5B | 4.4B | -22.06 | 1.7 | ||||
ALRM | 3.6B | 881.7M | 45.34 | 4.13 | ||||
AYX | 3.4B | 970.0M | -19.13 | 3.53 | ||||
AI | 3.2B | 296.4M | -11.86 | 10.87 | ||||
AGYS | 2.3B | 228.1M | 25.83 | 9.89 | ||||
SMALL-CAP | ||||||||
AVID | 1.2B | 413.5M | 92.02 | 2.88 | ||||
APPS | 266.3M | 572.4M | -1.35 | 0.47 | ||||
ASUR | 201.7M | 119.1M | -21.89 | 1.69 | ||||
AEYE | 119.9M | 31.3M | -20.42 | 3.83 |
Cadence Design Systems Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 4.5% | 1,069 | 1,023 | 977 | 1,022 | 900 | 903 | 858 | 902 | 773 | 751 | 728 | 736 | 760 | 667 | 638 | 618 | 600 | 580 | 580 | 577 | 570 |
Costs and Expenses | 0.3% | 732 | 730 | 677 | 699 | 689 | 642 | 575 | 583 | 577 | 557 | 543 | 532 | 575 | 497 | 486 | 479 | 491 | 459 | 447 | 448 | 456 |
S&GA Expenses | 2.4% | 180 | 176 | 167 | 167 | 172 | 153 | 139 | 140 | 148 | 143 | 136 | 133 | 147 | 124 | 120 | 126 | 127 | 121 | 116 | 117 | 113 |
R&D Expenses | -100.0% | - | 370 | 354 | 350 | - | 324 | 287 | 291 | - | 289 | 285 | 271 | - | 251 | 251 | 242 | - | - | - | - | - |
EBITDA Margin | 7.3% | 0.36* | 0.33* | 0.33* | 0.33* | 0.34* | 0.34* | 0.34* | 0.33* | 0.31* | 0.31* | 0.31* | 0.31* | 0.30* | 0.28* | 0.27* | 0.26* | 0.27* | 0.27* | 0.27* | - | - |
Interest Expenses | -0.8% | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 6.00 | 5.00 | 4.00 | 4.00 | 5.00 | 5.00 | 4.00 |
Income Taxes | -16.4% | 38.00 | 46.00 | 77.00 | 80.00 | -29.87 | 66.00 | 86.00 | 75.00 | 17.00 | 12.00 | 27.00 | 15.00 | 12.00 | 4.00 | 19.00 | 6.00 | -554 | 15.00 | 21.00 | 8.00 | 10.00 |
Earnings Before Taxes | 20.7% | 362 | 300 | 298 | 321 | 211 | 252 | 273 | 310 | 194 | 189 | 183 | 202 | 186 | 166 | 151 | 130 | 105 | 117 | 129 | 128 | 109 |
EBT Margin | 8.7% | 0.31* | 0.29* | 0.28* | 0.29* | 0.29* | 0.30* | 0.29* | 0.28* | 0.26* | 0.26* | 0.26* | 0.25* | 0.24* | 0.22* | 0.21* | 0.20* | 0.21* | 0.21* | 0.21* | - | - |
Net Income | 27.4% | 324 | 254 | 221 | 242 | 240 | 186 | 187 | 235 | 177 | 176 | 156 | 187 | 174 | 162 | 131 | 124 | 660 | 102 | 107 | 121 | 98.00 |
Net Income Margin | 4.2% | 0.25* | 0.24* | 0.23* | 0.23* | 0.24* | 0.23* | 0.24* | 0.24* | 0.23* | 0.23* | 0.23* | 0.23* | 0.22* | 0.43* | 0.42* | 0.42* | 0.42* | 0.19* | 0.19* | - | - |
Free Cashflow | -36.2% | 238 | 374 | 394 | 241 | 227 | 273 | 300 | 318 | 201 | 277 | 366 | 191 | 104 | 186 | 324 | 196 | 132 | 122 | 231 | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 4.4% | 5,669 | 5,431 | 5,155 | 5,172 | 5,137 | 4,968 | 4,361 | 4,395 | 4,386 | 4,214 | 4,123 | 3,999 | 3,951 | 4,140 | 3,999 | 3,768 | 3,357 | 2,662 | 2,612 | 2,546 | 2,469 |
Current Assets | 8.3% | 1,976 | 1,824 | 1,643 | 1,699 | 1,707 | 1,670 | 1,658 | 1,735 | 1,716 | 1,543 | 1,457 | 1,350 | 1,479 | 1,736 | 1,640 | 1,400 | 1,169 | 1,050 | 979 | 918 | 951 |
Cash Equivalents | 4.8% | 1,008 | 962 | 874 | 917 | 882 | 1,026 | 1,030 | 1,135 | 1,089 | 1,014 | 847 | 743 | 928 | 1,307 | 1,189 | 946 | 705 | 655 | 633 | 539 | 533 |
Inventory | 11.0% | 182 | 164 | 140 | 128 | 128 | 114 | 106 | 110 | 116 | 102 | 90.00 | 77.00 | 76.00 | 48.00 | 44.00 | 61.00 | 56.00 | 67.00 | 49.00 | 37.00 | 28.00 |
Net PPE | 6.2% | 403 | 380 | 370 | 373 | 371 | 348 | 317 | 311 | 306 | 303 | 302 | 305 | 311 | 288 | 283 | 281 | 276 | 259 | 258 | 253 | 253 |
Goodwill | 4760.3% | 1,536 | 32.00 | 1,429 | 1,378 | 1,374 | 1,348 | 67.00 | 924 | 928 | 926 | 930 | 17.00 | 782 | 781 | 779 | 779 | 662 | 662 | 663 | 663 | - |
Current Liabilities | 25.8% | 1,591 | 1,264 | 1,196 | 1,181 | 1,348 | 1,257 | 1,042 | 961 | 971 | 907 | 927 | 792 | 797 | 1,118 | 1,152 | 1,012 | 672 | 619 | 610 | 631 | 709 |
Shareholder's Equity | 9.3% | 3,404 | 3,114 | 2,908 | 2,941 | 2,745 | 2,708 | 2,625 | 2,760 | 2,741 | 2,631 | 2,517 | 2,542 | 2,493 | 2,396 | 2,257 | 2,158 | 2,103 | 1,480 | 1,431 | 1,366 | 1,288 |
Retained Earnings | 7.0% | 4,936 | 4,612 | 4,358 | 4,137 | 3,895 | 3,655 | 3,469 | 3,282 | 3,046 | 2,870 | 2,693 | 2,538 | 2,350 | 2,177 | 2,015 | 1,884 | 1,762 | 1,102 | 1,000 | 893 | 773 |
Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 730 | 720 | 713 | 698 |
Shares Outstanding | 0.8% | 272 | 269 | 270 | 270 | 273 | 272 | 272 | 272 | 274 | 274 | 274 | 274 | 274 | 274 | 273 | 273 | 273 | 273 | 273 | - | - |
Float | - | - | - | 63,740 | - | - | - | 40,982 | - | - | - | 38,179 | - | - | - | 26,162 | - | - | - | 19,838 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -31.3% | 272 | 396 | 414 | 267 | 264 | 317 | 325 | 337 | 216 | 296 | 380 | 208 | 136 | 207 | 345 | 218 | 159 | 139 | 246 | 185 | 132 |
Share Based Compensation | -1.5% | 87.00 | 88.00 | 77.00 | 74.00 | 73.00 | 73.00 | 64.00 | 59.00 | 54.00 | 53.00 | 51.00 | 53.00 | 59.00 | 45.00 | 47.00 | 46.00 | 47.00 | 48.00 | 44.00 | 42.00 | 43.00 |
Cashflow From Investing | 46.3% | -98.68 | -183 | -94.07 | -35.67 | -64.18 | -605 | -49.07 | -19.88 | -23.08 | -18.08 | -45.57 | -206 | -30.85 | -22.65 | -22.65 | -216 | -27.08 | -16.96 | -15.68 | -45.99 | -132 |
Cashflow From Financing | -20.3% | -137 | -114 | -354 | -197 | -357 | 313 | -352 | -260 | -115 | -108 | -237 | -182 | -501 | -79.08 | -80.79 | 246 | -86.87 | -88.06 | -134 | -134 | -7.61 |
Buy Backs | 0.0% | 125 | 125 | 325 | 125 | 300 | 150 | 350 | 250 | 110 | 110 | 220 | 172 | 130 | 75.00 | 75.00 | 100 | 75.00 | 75.00 | 75.00 | 81.00 | 100 |
Consolidated Income Statements - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Jan. 01, 2022 | |
Revenue: | |||
Total revenue | $ 4,089,986 | $ 3,561,718 | $ 2,988,244 |
Costs and expenses: | |||
Marketing and sales | 690,319 | 604,224 | 560,262 |
Research and development | 1,441,796 | 1,251,544 | 1,134,277 |
General and administrative | 242,430 | 242,116 | 189,018 |
Amortization of acquired intangibles | 18,162 | 18,470 | 19,640 |
Restructuring | 11,013 | 55 | (1,048) |
Total costs and expenses | 2,838,761 | 2,488,032 | 2,209,155 |
Income from operations | 1,251,225 | 1,073,686 | 779,089 |
Interest expense | (36,185) | (22,934) | (16,980) |
Other income (expense), net | 66,886 | (5,389) | 6,326 |
Income before provision for income taxes | 1,281,926 | 1,045,363 | 768,435 |
Provision for income taxes | 240,782 | 196,411 | 72,480 |
Net income | $ 1,041,144 | $ 848,952 | $ 695,955 |
Net income per share - basic (in usd per share) | $ 3.86 | $ 3.13 | $ 2.54 |
Net income per share - diluted (in usd per share) | $ 3.82 | $ 3.09 | $ 2.50 |
Weighted average common shares outstanding - basic (shares) | 269,381 | 271,198 | 273,504 |
Weighted average common shares outstanding - diluted (shares) | 272,748 | 275,011 | 278,858 |
Product and maintenance | |||
Revenue: | |||
Total revenue | $ 3,834,359 | $ 3,340,197 | $ 2,812,947 |
Costs and expenses: | |||
Cost of sales | 331,760 | 273,565 | 222,647 |
Services | |||
Revenue: | |||
Total revenue | 255,627 | 221,521 | 175,297 |
Costs and expenses: | |||
Cost of sales | $ 103,281 | $ 98,058 | $ 84,359 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 1,008,152 | $ 882,325 |
Receivables, net | 489,224 | 486,710 |
Inventories | 181,661 | 128,005 |
Prepaid expenses and other | 297,180 | 209,727 |
Total current assets | 1,976,217 | 1,706,767 |
Property, plant and equipment, net | 403,213 | 371,451 |
Goodwill | 1,535,845 | 1,374,268 |
Acquired intangibles, net | 336,843 | 354,617 |
Deferred taxes | 880,001 | 853,691 |
Other assets | 537,372 | 476,277 |
Total assets | 5,669,491 | 5,137,071 |
Current liabilities: | ||
Revolving credit facility | 0 | 100,000 |
Current portion of long-term debt | 349,285 | 0 |
Accounts payable and accrued liabilities | 576,558 | 557,158 |
Current portion of deferred revenue | 665,024 | 690,538 |
Total current liabilities | 1,590,867 | 1,347,696 |
Long-term liabilities: | ||
Long-term portion of deferred revenue | 98,931 | 91,524 |
Long-term debt | 299,771 | 648,078 |
Other long-term liabilities | 275,651 | 304,660 |
Total long-term liabilities | 674,353 | 1,044,262 |
Commitments and contingencies | ||
Stockholders' equity: | ||
Preferred stock – $0.01 par value; authorized 400 shares, none issued or outstanding | 0 | 0 |
Common stock – $0.01 par value; authorized 600,000 shares; issued and outstanding shares: 271,706 and 272,675, respectively | 3,166,964 | 2,765,673 |
Treasury stock, at cost; 57,453 shares and 56,485 shares, respectively | (4,604,323) | (3,824,163) |
Retained earnings | 4,936,384 | 3,895,240 |
Accumulated other comprehensive loss | (94,754) | (91,637) |
Total stockholders’ equity | 3,404,271 | 2,745,113 |
Total liabilities and stockholders’ equity | $ 5,669,491 | $ 5,137,071 |
 | Dr. Anirudh Devgan Ph.D. |
---|---|
 | www.cadence.com |
 | 10200 |