Across the recent three months, 6 analysts have shared their insights on Cirrus Logic CRUS, expressing a variety of opinions spanning from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 3 | 2 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 1 | 2 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Cirrus Logic and provided 12-month price targets. The average target is $133.33, accompanied by a high estimate of $160.00 and a low estimate of $105.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 10.62%.
Decoding Analyst Ratings: A Detailed Look
The analysis of recent analyst actions sheds light on the perception of Cirrus Logic by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Christopher Rolland | Susquehanna | Raises | Positive | $140.00 | $135.00 |
Tore Svanberg | Stifel | Lowers | Buy | $140.00 | $165.00 |
Tom O'Malley | Barclays | Lowers | Equal-Weight | $105.00 | $120.00 |
Christopher Rolland | Susquehanna | Lowers | Positive | $135.00 | $160.00 |
Christopher Rolland | Susquehanna | Lowers | Positive | $160.00 | $175.00 |
Tom O'Malley | Barclays | Lowers | Equal-Weight | $120.00 | $140.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Cirrus Logic. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide 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 gauge the dynamics of price targets, providing estimates for the future value of Cirrus Logic's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Cirrus Logic's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Cirrus Logic analyst ratings.
Unveiling the Story Behind Cirrus Logic
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 HPMS Products. These products include aAmplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters and standalone digital signal processors, Camera controllers, haptics and sensing solutions, and battery and power ICs. 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.
Understanding the Numbers: Cirrus Logic's Finances
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Positive Revenue Trend: Examining Cirrus Logic's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 12.64% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Cirrus Logic's net margin is impressive, surpassing industry averages. With a net margin of 18.85%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Cirrus Logic's ROE excels beyond industry benchmarks, reaching 5.41%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Cirrus Logic's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 4.42%, the company showcases efficient use of assets and strong financial health.
Debt Management: Cirrus Logic's debt-to-equity ratio is below the industry average. With a ratio of 0.08, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Basics of Analyst Ratings
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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