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CRUS

CRUS - Cirrus Logic Inc Stock Price, Fair Value and News

91.92USD+0.17 (+0.19%)Market Closed
Watchlist

Market Summary

USD91.92+0.17
Market Closed
0.19%

CRUS Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

CRUS Stock Price

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CRUS RSI Chart

CRUS Valuation

Market Cap

4.9B

Price/Earnings (Trailing)

28.11

Price/Sales (Trailing)

2.76

EV/EBITDA

14.8

Price/Free Cashflow

19.22

CRUS Price/Sales (Trailing)

CRUS Profitability

EBT Margin

13.73%

Return on Equity

9.78%

Return on Assets

7.94%

Free Cashflow Yield

5.2%

CRUS Fundamentals

CRUS Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

4.81%

Rev. Growth (Qtr)

28.67%

CRUS Earnings

Earnings (TTM)

176.1M

Earnings Growth (Yr)

34.06%

Earnings Growth (Qtr)

83.97%

Breaking Down CRUS Revenue

Last 7 days

-3%

Last 30 days

15.5%

Last 90 days

19.4%

Trailing 12 Months

-13.6%

How does CRUS drawdown profile look like?

CRUS Financial Health

Current Ratio

6.64

CRUS Investor Care

Buy Backs (1Y)

2.39%

Diluted EPS (TTM)

3.18

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.9B1.8B1.8B1.8B
20221.8B1.9B2.0B2.0B
20211.4B1.4B1.5B1.6B
20201.3B1.3B1.2B1.4B
20191.2B1.2B1.2B1.2B
20181.5B1.5B1.4B1.2B
20171.5B1.6B1.6B1.6B
20161.2B1.1B1.3B1.4B
2015916.6M1.0B1.1B1.2B
2014714.3M711.8M731.3M811.0M
2013809.8M865.9M862.8M771.6M
2012426.8M433.6M525.8M713.5M
2011369.6M379.9M380.9M407.6M
2010221.0M258.1M295.3M332.4M

Tracking the Latest Insider Buys and Sells of Cirrus Logic Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 14, 2024
thomas scott
acquired
102,726
20.37
5,043
sr vp, general counsel
Feb 14, 2024
thomas scott
sold
-455,736
90.37
-5,043
sr vp, general counsel
Feb 08, 2024
nathamuni venkatesh
sold
-47,500
95.00
-500
chief financial officer
Feb 08, 2024
nathamuni venkatesh
acquired
41,405
82.81
500
chief financial officer
Feb 08, 2024
brannan andrew
acquired
134,842
41.49
3,250
vp, worldwide sales
Feb 08, 2024
brannan andrew
sold
-305,500
94.00
-3,250
vp, worldwide sales
Feb 07, 2024
nathamuni venkatesh
sold
-45,005
90.01
-500
chief financial officer
Feb 07, 2024
brannan andrew
sold
-321,005
91.7157
-3,500
vp, worldwide sales
Feb 07, 2024
brannan andrew
acquired
124,470
41.49
3,000
vp, worldwide sales
Nov 07, 2023
alberty carl jackson
acquired
48,944
55.5559
881
vp, msp

1–10 of 50

Which funds bought or sold CRUS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 20, 2024
Quarry LP
reduced
-39.43
-9,924
21,213
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-0.82
3,083,000
29,774,000
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-12.85
-44,569
2,216,430
0.01%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
unchanged
-
2,954
26,621
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
new
-
2,163,000
2,163,000
0.18%
Feb 16, 2024
CIM INVESTMENT MANAGEMENT INC
unchanged
-
33,108
298,403
0.10%
Feb 15, 2024
BARCLAYS PLC
added
123
5,917,000
9,827,000
-%
Feb 15, 2024
NFJ INVESTMENT GROUP, LLC
reduced
-2.86
179,765
2,121,510
0.06%
Feb 15, 2024
ATLAS CAPITAL ADVISORS LLC
reduced
-17.5
-1,279
16,471
-%
Feb 15, 2024
Legal & General Group Plc
reduced
-4.91
694,348
10,669,700
-%

1–10 of 44

Are Funds Buying or Selling CRUS?

Are funds buying CRUS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CRUS
No. of Funds

Unveiling Cirrus Logic Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
mackenzie financial corp
3.77%
2,031,222
SC 13G/A
Feb 13, 2024
vanguard group inc
11.57%
6,234,795
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 24, 2024
blackrock inc.
10.3%
5,563,554
SC 13G/A
Dec 06, 2023
blackrock inc.
10.2%
5,493,538
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
11.08%
6,098,661
SC 13G/A
Jan 27, 2023
mackenzie financial corp
5.25%
2,891,480
SC 13G/A
Jan 24, 2023
blackrock inc.
9.9%
5,477,090
SC 13G
Feb 14, 2022
whale rock capital management llc
0%
0
SC 13G/A

Recent SEC filings of Cirrus Logic Inc

View All Filings
Date Filed Form Type Document
Feb 22, 2024
144
Notice of Insider Sale Intent
Feb 22, 2024
SC 13G/A
Major Ownership Report
Feb 16, 2024
4
Insider Trading
Feb 14, 2024
144
Notice of Insider Sale Intent
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
4
Insider Trading
Feb 09, 2024
4
Insider Trading
Feb 09, 2024
4
Insider Trading
Feb 09, 2024
4
Insider Trading

What is the Fair Value of CRUS?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Cirrus Logic Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
60.9B
32.72% 241.47%
60.27
29.44
125.85% 581.31%
293.8B
22.7B
18.63% 113.39%
344.08
12.96
-3.90% -35.30%
181.7B
54.2B
-7.66% 56.51%
107.59
3.35
-14.00% -78.92%
166.0B
26.5B
31.95% 74.29%
24.21
6.26
2.84% 5.07%
95.2B
11.6B
-0.06% 5.97%
33.8
8.23
-8.03% -17.90%
MID-CAP
7.6B
6.5B
-0.37% 8.73%
21.08
1.17
-8.30% -53.02%
4.9B
1.8B
15.48% -13.62%
28.11
2.76
-11.16% -46.12%
3.6B
1.1B
2.33% -5.33%
15.72
3.36
26.38% 43.48%
3.2B
1.7B
-5.87% -27.57%
13.92
1.9
-16.94% -31.42%
2.2B
258.2M
-5.42% -42.12%
-18.44
8.56
-25.06% -98.60%
SMALL-CAP
1.2B
495.9M
-10.22% 57.27%
17.34
2.5
32.10% 66.11%
624.7M
640.0M
-15.21% -24.42%
-36.43
0.98
-19.44% -128.49%
464.5M
81.5M
1.26% -42.11%
22.11
5.7
33.53% 70.08%
185.1M
550.0K
6.46% -6.34%
-9.35
336.54
43.98% -13.47%
68.0M
116.7M
14.39% -52.86%
-5.4
0.58
15.07% -172.45%

Cirrus Logic Inc News

Latest updates
MarketBeat21 Feb 202404:25 pm
Yahoo Finance07 Feb 202408:00 am
Seeking Alpha06 Feb 202408:00 am

Cirrus Logic Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue28.7%619481317373591541394490548466277294486347243279375389238240324
Gross Profit28.7%317247159186297271203259290235140148252180127146198208122125163
Operating Expenses6.4%150141142249155155148151145140121123122116109136125121118118119
  S&GA Expenses9.6%38.0034.0035.0038.0037.0040.0039.0039.0038.0038.0035.0034.0032.0031.0030.0032.0036.0033.0030.0030.0030.00
  R&D Expenses8.1%11310410611511811511011110710286.0090.0089.0085.0079.0082.0089.0088.0089.0092.0089.00
EBITDA Margin7.6%0.17*0.16*0.16*0.17*0.24*0.25*0.25*0.24*0.22*0.21*0.21*0.21*---------
Interest Expenses-3.3%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Income Taxes-1.8%33.0034.007.00-4.9237.0031.0015.0012.0016.0012.002.003.0016.007.002.002.006.0012.001.003.002.00
Earnings Before Taxes57.3%17210923.00-58.5914011855.0010814497.0020.0028.0013166.0020.0012.0075.0088.006.009.0032.00
EBT Margin13.0%0.14*0.12*0.12*0.13*0.21*0.22*0.21*0.21*0.18*0.18*0.17*0.18*---------
Net Income84.0%13975.0016.00-53.6710387.0040.0096.0012885.0017.0025.0011459.0018.0010.0069.0076.005.006.0030.00
Net Income Margin23.0%0.10*0.08*0.08*0.09*0.16*0.18*0.18*0.18*0.16*0.16*0.15*0.16*---------
Free Cashflow1073.9%304-31.20-52.1237.0017426.0068.00250-13925.00-37.63166---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets5.4%2,2172,1042,0572,0642,1662,1642,1062,1232,0682,2261,8141,8311,8261,7001,6441,5931,6481,5841,4701,3531,397
  Current Assets8.1%1,1851,0971,0491,0181,013957861840764949839843804709690650715652564625640
    Cash Equivalents74.2%484278352446435355379370195387385442327248286292342222198216219
  Inventory-22.0%257329301233152165174138149188193173143209199147138145146165168
  Net PPE-2.0%168171167163157159157157157159158155154154154158174178182186191
  Goodwill0%436436436436436436436436438438288288288288287287286285286286287
  Current Liabilities-11.2%179201203216229282253265240500187214185178163159178193131116170
Shareholder's Equity5.4%1,8011,7081,6571,6581,7161,6551,5991,6001,5631,4681,4071,3891,4001,3171,2721,2301,2601,1791,1171,1401,130
  Retained Earnings5593.2%67.00-1.21-33.62-9.3281.0041.006.0023.006.00-65.67-109-112-88.24-155-184-201-157-213-258-222-217
  Additional Paid-In Capital1.3%1,7361,7131,6931,6701,6391,6181,5971,5781,5571,5341,5151,4991,4841,4671,4511,4351,4181,3931,3761,3641,350
Shares Outstanding-100.0%-55.0055.0055.0056.0056.0056.0057.0057.0057.0058.0058.00---------
Float------2,622---2,810---2,239---2,158---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations1480.0%314-22.73-39.8148.0018136.0074.00258-13529.00-26.8017313442.001.0049.0012961.0057.0010.00118
  Share Based Compensation8.1%23.0021.0023.0023.0020.0020.0018.0017.0018.0017.0015.0015.0013.0015.0013.0014.0014.0014.0012.0013.0011.00
Cashflow From Investing-304.0%-36.97-9.15-14.63-9.13-7.35-9.14-7.72-8.80-5.5713.00-16.71-8.54-10.42-49.53-9.18-49.90-6.08-9.52-34.72-3.20-29.55
Cashflow From Financing-65.5%-70.59-42.66-38.99-27.90-94.10-51.14-57.13-74.74-50.19-40.27-13.53-49.09-44.13-30.492.00-49.55-2.27-27.47-40.36-9.50-65.18
  Buy Backs39.7%57.0041.0039.0035.0050.0050.0056.0075.0040.0040.0013.0045.0035.0030.00-50.00-30.0040.0010.0055.00

CRUS Income Statement

2023-12-30
Consolidated Condensed Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Dec. 30, 2023
Dec. 24, 2022
Dec. 30, 2023
Dec. 24, 2022
Income Statement [Abstract]    
Net sales$ 618,984$ 590,582$ 1,417,063$ 1,524,795
Cost of sales301,520293,877693,616754,170
Gross profit317,464296,705723,447770,625
Operating expenses    
Research and development112,672118,063323,092343,250
Selling, general and administrative37,60437,262107,306115,502
Restructuring costs(360)01,9590
Total operating expenses149,916155,325432,357458,752
Income from operations167,548141,380291,090311,873
Interest income5,1242,99513,9145,047
Interest expense(235)(218)(696)(680)
Other expense(337)(3,716)(30)(2,915)
Income before income taxes172,100140,441304,278313,325
Provision for income taxes33,37736,96474,54882,953
Net income$ 138,723$ 103,477$ 229,730$ 230,372
Basic earnings per share (in dollars per share)$ 2.57$ 1.87$ 4.22$ 4.13
Diluted earnings per share (in dollars per share)$ 2.50$ 1.83$ 4.09$ 4.02
Basic weighted average common shares outstanding (in shares)54,01655,23954,44955,748
Diluted weighted average common shares outstanding (in shares)55,59256,58356,16057,280

CRUS Balance Sheet

2023-12-30
Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2023
Mar. 25, 2023
Current assets:  
Cash and cash equivalents$ 483,931$ 445,784
Marketable securities32,84234,978
Accounts receivable, net217,269150,473
Inventories256,675233,450
Prepaid assets48,80435,507
Prepaid wafers84,85460,638
Other current assets61,01057,026
Total current assets1,185,3851,017,856
Long-term marketable securities70,26036,509
Right-of-use lease assets140,993128,145
Property and equipment, net167,579162,972
Intangibles, net31,67738,876
Goodwill435,936435,936
Deferred tax assets34,11635,580
Long-term prepaid wafers73,492134,363
Other assets77,67573,729
Total assets2,217,1132,063,966
Current liabilities:  
Accounts payable56,23181,462
Accrued salaries and benefits44,35250,606
Software license agreements31,67820,948
Current lease liabilities19,90618,442
Acquisition-related liabilities021,361
Other accrued liabilities26,42723,521
Total current liabilities178,594216,340
Long-term liabilities:  
Non-current lease liabilities138,415122,631
Non-current income taxes52,24759,013
Other long-term liabilities47,0977,700
Total long-term liabilities237,759189,344
Stockholders' equity:  
Capital stock1,735,8241,670,141
Accumulated earnings (deficit)66,633(9,320)
Accumulated other comprehensive loss(1,697)(2,539)
Total stockholders' equity1,800,7601,658,282
Total liabilities and stockholders' equity$ 2,217,113$ 2,063,966
CRUS
Cirrus Logic, Inc., a fabless semiconductor company, develops low-power, high-precision mixed-signal processing solutions in China, the United States, and internationally. The company offers audio products, including codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with digital signal processing; boosted amplifiers; standalone digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, and hearing augmentation. Its audio products are used in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems. It also provides high-performance mixed-signal products comprising camera controllers, haptic and sensing solutions, and battery and power ICs for use in legacy industrial and energy applications, such as digital utility meters, power supplies, energy control, energy measurement, and energy exploration. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.
 CEO
 WEBSITEwww.cirrus.com
 EMPLOYEES1702

Cirrus Logic Inc Frequently Asked Questions


What is the ticker symbol for Cirrus Logic Inc? What does CRUS stand for in stocks?

CRUS is the stock ticker symbol of Cirrus Logic Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cirrus Logic Inc (CRUS)?

As of Thu Feb 22 2024, market cap of Cirrus Logic Inc is 4.95 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CRUS stock?

You can check CRUS's fair value in chart for subscribers.

What is the fair value of CRUS stock?

You can check CRUS's fair value in chart for subscribers. The fair value of Cirrus Logic Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cirrus Logic Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CRUS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cirrus Logic Inc a good stock to buy?

The fair value guage provides a quick view whether CRUS is over valued or under valued. Whether Cirrus Logic Inc is cheap or expensive depends on the assumptions which impact Cirrus Logic Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CRUS.

What is Cirrus Logic Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Feb 22 2024, CRUS's PE ratio (Price to Earnings) is 28.11 and Price to Sales (PS) ratio is 2.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CRUS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cirrus Logic Inc's stock?

In the past 10 years, Cirrus Logic Inc has provided 0.174 (multiply by 100 for percentage) rate of return.