Cadence Design Systems, Inc (NASDAQ: CDNS) has a higher price-to-earnings ratio of 68.87x compared to its average ratio, The 36-month beta value for CDNS is at 1.04. Analysts have varying views on the stock, with 13 analysts rating it as a “buy,” 5 rating it as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for CDNS is 273.14M, and currently, shorts hold a 1.88% of that float. The average trading volume for CDNS on April 24, 2025 was 2.32M shares.
CDNS) stock’s latest price update
The stock of Cadence Design Systems, Inc (NASDAQ: CDNS) has increased by 2.82 when compared to last closing price of 258.15.Despite this, the company has seen a gain of 0.42% in its stock price over the last five trading days. zacks.com reported 2025-04-23 that Beyond analysts’ top -and-bottom-line estimates for Cadence (CDNS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
CDNS’s Market Performance
CDNS’s stock has risen by 0.42% in the past week, with a monthly drop of -0.65% and a quarterly drop of -17.44%. The volatility ratio for the week is 3.07% while the volatility levels for the last 30 days are 4.49% for Cadence Design Systems, Inc The simple moving average for the last 20 days is 3.97% for CDNS’s stock, with a simple moving average of -4.85% for the last 200 days.
Analysts’ Opinion of CDNS
Many brokerage firms have already submitted their reports for CDNS stocks, with Redburn Atlantic repeating the rating for CDNS by listing it as a “Buy.” The predicted price for CDNS in the upcoming period, according to Redburn Atlantic is $350 based on the research report published on January 13, 2025 of the current year 2025.
Wells Fargo, on the other hand, stated in their research note that they expect to see CDNS reach a price target of $350. The rating they have provided for CDNS stocks is “Overweight” according to the report published on November 22nd, 2024.
Loop Capital gave a rating of “Buy” to CDNS, setting the target price at $360 in the report published on November 12th of the previous year.
CDNS Trading at 2.97% from the 50-Day Moving Average
After a stumble in the market that brought CDNS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.32% of loss for the given period.
Volatility was left at 4.49%, however, over the last 30 days, the volatility rate increased by 3.07%, as shares sank -1.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.16% lower at present.
During the last 5 trading sessions, CDNS rose by +0.42%, which changed the moving average for the period of 200-days by -17.34% in comparison to the 20-day moving average, which settled at $255.28. In addition, Cadence Design Systems, Inc saw -11.66% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CDNS starting from Cunningham Paul, who sale 650 shares at the price of $252.64 back on Apr 01 ’25. After this action, Cunningham Paul now owns 108,799 shares of Cadence Design Systems, Inc, valued at $164,216 using the latest closing price.
PAUL A CUNNINGHAM, the Officer of Cadence Design Systems, Inc, proposed sale 650 shares at $252.64 during a trade that took place back on Apr 01 ’25, which means that PAUL A CUNNINGHAM is holding shares at $164,216 based on the most recent closing price.
Stock Fundamentals for CDNS
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.92 for the gross margin
The net margin for Cadence Design Systems, Inc stands at 0.23. The total capital return value is set at 0.18. Equity return is now at value 26.13, with 14.42 for asset returns.
Based on Cadence Design Systems, Inc (CDNS), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is 17.82.
Currently, EBITDA for the company is 1.67 billion with net debt to EBITDA at -0.1. When we switch over and look at the enterprise to sales, we see a ratio of 15.65. The receivables turnover for the company is 6.82for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.93.
Conclusion
In conclusion, Cadence Design Systems, Inc (CDNS) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
