Analyst Ratings For Cirrus Logic

Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Cirrus Logic CRUS in the last three months.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $93.75, a high estimate of $100.00, and a low estimate of $80.00. A 0.79% drop is evident in the current average compared to the previous average price target of $94.50.

Decoding Analyst Ratings: A Detailed Look

The standing of Cirrus Logic among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Cirrus Logic. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Cirrus Logic compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for Cirrus Logic's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Cirrus Logic's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Cirrus Logic analyst ratings.

Delving into Cirrus Logic's Background

Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.

Cirrus Logic's Financial Performance

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Challenges: Cirrus Logic's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -11.01%. This indicates a decrease in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 15.68%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.48%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Cirrus Logic's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.62% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Cirrus Logic's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.09.

What Are Analyst Ratings?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.