cirrus logic inc. - CRUS
CRUS
Close Chg Chg %
100.22 2.34 2.33%
Closed Market
102.55
+2.34 (2.33%)
Volume: 467.08K
Last Updated:
Nov 21, 2024, 4:00 PM EDT
Company Overview: cirrus logic inc. - CRUS
CRUS Key Data
| Open $101.17 | Day Range 100.38 - 102.98 |
| 52 Week Range 74.85 - 147.46 | Market Cap $5.33B |
| Shares Outstanding 53.14M | Public Float 52.86M |
| Beta 0.96 | Rev. Per Employee N/A |
| P/E Ratio 17.02 | EPS $6.11 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 809.38K |
CRUS Performance
| 1 Week | 1.87% | ||
| 1 Month | -16.09% | ||
| 3 Months | -29.04% | ||
| 1 Year | 34.51% | ||
| 5 Years | 47.41% |
CRUS Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
9
Full Ratings ➔
About cirrus logic inc. - CRUS
Cirrus Logic, Inc. engages in the development of mixed-signal processing solutions. Its product lines include audio and High-Performance Mixed-Signal (HPMS) products. It operates through the following geographical segments: China, Hong Kong, Vietnam, South Korea, India, United States, and Rest of World. The company was founded by Suhas S. Patil and Michael L. Hackworth in 1984 and is headquartered in Austin, TX.
CRUS At a Glance
Cirrus Logic, Inc.
800 West 6th Street
Austin, Texas 78701
| Phone | 1-512-851-4000 | Revenue | 1.79B | |
| Industry | Semiconductors | Net Income | 274.57M | |
| Sector | Electronic Technology | Employees | 1,625 | |
| Fiscal Year-end | 03 / 2025 | |||
| View SEC Filings |
CRUS Valuation
| P/E Current | 17.017 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 18.885 |
| Price to Sales Ratio | 2.899 |
| Price to Book Ratio | 2.725 |
| Price to Cash Flow Ratio | 12.297 |
| Enterprise Value to EBITDA | 12.585 |
| Enterprise Value to Sales | 2.691 |
| Total Debt to Enterprise Value | 0.032 |
CRUS Efficiency
| Revenue/Employee | 1,100,855.385 |
| Income Per Employee | 168,967.385 |
| Receivables Turnover | 11.01 |
| Total Asset Turnover | 0.833 |
CRUS Liquidity
| Current Ratio | 5.935 |
| Quick Ratio | 4.716 |
| Cash Ratio | 2.825 |
CRUS Profitability
| Gross Margin | 51.209 |
| Operating Margin | 19.309 |
| Pretax Margin | 20.344 |
| Net Margin | 15.349 |
| Return on Assets | 12.784 |
| Return on Equity | 15.801 |
| Return on Total Capital | 13.922 |
| Return on Invested Capital | 14.712 |
CRUS Capital Structure
| Total Debt to Total Equity | 8.542 |
| Total Debt to Total Capital | 7.87 |
| Total Debt to Total Assets | 6.955 |
| Long-Term Debt to Equity | 7.406 |
| Long-Term Debt to Total Capital | 6.824 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Cirrus Logic Inc. - CRUS
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 1.37B | 1.78B | 1.90B | 1.79B | |
Sales Growth
| +6.88% | +30.11% | +6.52% | -5.73% | |
Cost of Goods Sold (COGS) incl D&A
| 661.93M | 857.82M | 940.64M | 872.82M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 39.40M | 53.80M | 60.80M | 37.10M | |
Depreciation
| 24.90M | 24.80M | 27.10M | 28.10M | |
Amortization of Intangibles
| 14.50M | 29.00M | 33.70M | 9.00M | |
COGS Growth
| +9.06% | +29.59% | +9.65% | -7.21% | |
Gross Income
| 707.30M | 923.64M | 956.98M | 916.07M | |
Gross Income Growth
| +4.91% | +30.59% | +3.61% | -4.27% | |
Gross Profit Margin
| +51.66% | +51.85% | +50.43% | +51.21% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 469.77M | 557.30M | 611.56M | 570.65M | |
Research & Development
| 342.76M | 406.31M | 458.41M | 426.48M | |
Other SG&A
| 127.01M | 151.00M | 153.14M | 144.17M | |
SGA Growth
| -1.88% | +18.63% | +9.73% | -6.69% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| (2.86M) | 283.00K | 96.96M | 2.39M | |
EBIT after Unusual Expense
| 240.39M | 366.06M | 248.47M | 343.04M | |
Non Operating Income/Expense
| 5.91M | 3.56M | 7.17M | 21.82M | |
Non-Operating Interest Income
| 6.28M | 1.56M | 9.98M | 21.49M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 1.06M | 948.00K | 898.00K | 915.00K | |
Interest Expense Growth
| - | -10.31% | -5.27% | +1.89% | |
Gross Interest Expense
| 1.06M | 948.00K | 898.00K | 915.00K | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 245.25M | 368.66M | 254.74M | 363.94M | |
Pretax Income Growth
| +35.30% | +50.32% | -30.90% | +42.87% | |
Pretax Margin
| +17.91% | +20.69% | +13.42% | +20.34% | |
Income Tax
| 27.90M | 42.31M | 78.04M | 89.36M | |
Income Tax - Current - Domestic
| 981.00K | 4.48M | 60.60M | 42.18M | |
Income Tax - Current - Foreign
| 32.43M | 52.92M | 52.02M | 60.62M | |
Income Tax - Deferred - Domestic
| (192.00K) | (6.26M) | (28.53M) | (5.18M) | |
Income Tax - Deferred - Foreign
| (5.32M) | (8.84M) | (6.06M) | (8.26M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 217.34M | 326.36M | 176.70M | 274.57M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 217.34M | 326.36M | 176.70M | 274.57M | |
Net Income Growth
| +36.27% | +50.16% | -45.86% | +55.39% | |
Net Margin Growth
| +15.87% | +18.32% | +9.31% | +15.35% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 217.34M | 326.36M | 176.70M | 274.57M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 217.34M | 326.36M | 176.70M | 274.57M | |
EPS (Basic)
| 3.7405 | 5.6977 | 3.1773 | 5.0575 | |
EPS (Basic) Growth
| +36.76% | +52.32% | -44.24% | +59.18% | |
Basic Shares Outstanding
| 58.11M | 57.28M | 55.61M | 54.29M | |
EPS (Diluted)
| 3.6188 | 5.5181 | 3.0878 | 4.9012 | |
EPS (Diluted) Growth
| +37.18% | +52.48% | -44.04% | +58.73% | |
Diluted Shares Outstanding
| 60.06M | 59.14M | 57.23M | 56.02M | |
EBITDA
| 276.93M | 420.14M | 406.22M | 382.52M | |
EBITDA Growth
| +8.34% | +51.71% | -3.31% | -5.83% | |
EBITDA Margin
| +20.23% | +23.58% | +21.41% | +21.38% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 129.00 | |
| Number of Ratings | 9 | Current Quarters Estimate | 2.034 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 6.377 | |
| Last Quarter’s Earnings | 2.25 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 6.59 | Next Fiscal Year Estimate | 6.718 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 7 | 7 | 7 | 7 |
| Mean Estimate | 2.03 | 0.98 | 6.38 | 6.72 |
| High Estimates | 2.09 | 1.15 | 6.61 | 7.06 |
| Low Estimate | 2.00 | 0.79 | 6.16 | 6.39 |
| Coefficient of Variance | 1.33 | 11.19 | 2.12 | 2.99 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 5 | 3 | 4 |
| OVERWEIGHT | 0 | 1 | 1 |
| HOLD | 4 | 4 | 3 |
| UNDERWEIGHT | 0 | 0 | 1 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Cirrus Logic Inc. - CRUS
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Cirrus Logic Inc. - CRUS
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Jun 14, 2024 | Gregory Scott Thomas Sr VP, General Counsel | 23,975 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $120.72 per share | 2,894,262.00 |
| Jun 14, 2024 | Gregory Scott Thomas Sr VP, General Counsel | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 14, 2024 | Gregory Scott Thomas Sr VP, General Counsel | 35,681 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $55.72 per share | 1,988,145.32 |
| Jun 4, 2024 | David J. Tupman Director | 32,065 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $33.38 per share | 1,070,329.70 |
| Jun 4, 2024 | David J. Tupman Director | 21,719 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $114.52 per share | 2,487,259.88 |
| Jun 4, 2024 | David J. Tupman Director | 5,000 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 31, 2024 | Alexander Mathew Davern Director | 19,332 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $115.85 per share | 2,239,612.20 |
| May 23, 2024 | Carl J. Alberty VP, MSP | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 23, 2024 | Carl J. Alberty VP, MSP | 1,197 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 23, 2024 | Carl J. Alberty VP, MSP | 39,040 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $78 per share | 3,045,120.00 |
| May 23, 2024 | Carl J. Alberty VP, MSP | 39,344 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $68.56 per share | 2,697,424.64 |
| May 23, 2024 | Carl J. Alberty VP, MSP | 38,507 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $113.35 per share | 4,364,768.45 |
| May 14, 2024 | Justin Dougherty SVP, Global Operations | 5,838 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $107.85 per share | 629,628.30 |
| May 8, 2024 | Venkatesh R. Nathamuni Chief Financial Officer | 5,008 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 8, 2024 | Venkatesh R. Nathamuni Chief Financial Officer | 4,177 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $88.48 per share | 369,580.96 |
| May 8, 2024 | Venkatesh R. Nathamuni Chief Financial Officer | 12,043 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 10, 2024 | Denise Grode Chief Human Resources Officer | 5,155 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 10, 2024 | Denise Grode Chief Human Resources Officer | 4,410 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $91.77 per share | 404,705.70 |
| Apr 10, 2024 | Denise Grode Chief Human Resources Officer | 8,675 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 6, 2024 | Andrew Brannan VP, Worldwide Sales | 10,040 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |