Cirrus Logic, Inc. (NASDAQ:CRUS) went up by 1.10% from its latest closing price when compared to the 1-year high value of $91.63 and move down -12.31%, while CRUS stocks collected +4.40% of gains with the last five trading sessions. Press Release reported on 01/29/20 that Cirrus Logic Names John Forsyth as President; Jason Rhode to Continue as Chief Executive Officer
Cirrus Logic, Inc. (NASDAQ:CRUS) Worth an Investment?
Cirrus Logic, Inc. (NASDAQ: CRUS) scored price to earnings ratio above its average ratio, recording 31.66 times of increase in earnings at the present.
CRUS Market Performance
CRUS stocks went up by 4.40% for the week, with the monthly drop of -2.22% and a quarterly performance of 13.40%, while its annual performance rate touched 108.24%. The simple moving average for the period of the last 20 days is 0.48% for CRUS stocks with the simple moving average of 37.55% for the last 200 days.
Analysts’ Opinion on Cirrus Logic, Inc. (NASDAQ:CRUS)
Many brokerage firms have already submitted their reports for CRUS stocks, with Craig Hallum repeating the rating for CRUS shares by setting it to “Hold”. The predicted price for CRUS socks in the upcoming period according to Craig Hallum is $65 based on the research report published on January 30, 2020.
Cowen, on the other hand, stated in their research note that they expect to see CRUS stock at the price of $88, previously predicting the value of $75. The rating they have provided for CRUS stocks is “Market Perform” according to the report published on January 30, 2020.
Craig Hallum gave “Hold” rating to CRUS stocks, setting the target price at $52 in the report published on October 31, 2019.
CRUS Stocks 1.33% Far from 50 Day Moving Average
After a stumble in the market that brought CRUS to its low price for the period of the last 52 weeks, Cirrus Logic, Inc. was unable to take a rebound, for now settling with -10.96% of loss for the given period.
The stock volatility was left at 3.55%, however, within the period of a single month, the volatility rate increased by 2.38%, while the shares sank at the distance of -3.40% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +15.45% upper at the present time.
In the course of the last 5 trading sessions, CRUS went up by +4.40%, which changed the moving average for the period of 200 days to the total of +69.63% of gains for the stock in comparison to the 20-day moving average settled at $81.05. In addition, Cirrus Logic, Inc. saw -1.00% in overturn over the period of a single year with a tendency to cut further losses.
CRUS Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Cirrus Logic, Inc. (CRUS), starting from ANDERSON SCOTT ARNOLD, who sold 6,197 shares at the price of $81.05 back on Feb 12. After this action, Rushing now owns 3,555 shares of Cirrus Logic, Inc., valued at $502,269 with the latest closing price.
CASE THURMAN K, the VP & CFO of Cirrus Logic, Inc., sold 18,642 shares at the value of $76.62 during a trade that took place back on Feb 10, which means that CASE THURMAN K is holding 7,569 shares at the value of $1,428,400 based on the most recent closing price.
CRUS Stock Fundamentals
The current profitability levels are settled at +8.09 for the present operating margin and +50.40 for gross margin. The net margin for Cirrus Logic, Inc. stands at +7.59. Total capital return value is set at 8.33, while invested capital returns managed to touch 7.82. Equity return holds the value 13.20%, with 10.30% for asset returns.