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Aug 01, 2019
Cirrus Logic (CRUS, $58.83) beats fiscal Q1 estimates

Cirrus Logic (CRUS, $58.83) beats fiscal Q1 estimates

Cirrus Logic beat analysts’ expectations on its fiscal first-quarter earnings and revenue, sending its shares soaring on Thursday.

The semiconductor company reported adjusted earnings of 35 cents a share, which surpassed analysts’ estimate of 15 cents.

Although revenue declined from $254.4 million a year ago to $238.3 million in the quarter, it was still higher than the Street's forecast of $221.9 million. The year-over-year drop in revenue has been attributed by Cirrus to mainly lower sales of portable products shipping in smartphones, along with digital headsets and adapters, which were offset to some extent by increased amplifier sales at Android customers.

For the second quarter, Cirrus has projected revenue to range between $300 million and $340 million.

Related Ticker: CRUS

Contributor

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


CRUS in upward trend: price expected to rise as it breaks its lower Bollinger Band on August 24, 2026

CRUS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 40 cases where CRUS's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CRUS's RSI Oscillator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 64 cases where CRUS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CRUS just turned positive on September 01, 2026. Looking at past instances where CRUS's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CRUS advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 50-day moving average for CRUS moved below the 200-day moving average on August 20, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRUS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for CRUS entered a downward trend on September 09, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CRUS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. CRUS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.535) is normal, around the industry mean (7.415). P/E Ratio (13.535) is within average values for comparable stocks, (156.645). CRUS's Projected Growth (PEG Ratio) (9.345) is very high in comparison to the industry average of (1.657). CRUS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.015). P/S Ratio (2.840) is also within normal values, averaging (54.272).

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Broadcom Inc. (NASDAQ:AVGO), Micron Technology (NASDAQ:MU), Advanced Micro Devices (NASDAQ:AMD), Intel Corp (NASDAQ:INTC), Texas Instruments (NASDAQ:TXN), Marvell Technology (NASDAQ:MRVL), QUALCOMM (NASDAQ:QCOM), Analog Devices (NASDAQ:ADI).

Industry description

The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.

Market Cap

The average market capitalization across the Semiconductors Industry is 208.02B. The market cap for tickers in the group ranges from 13.43K to 5.4T. NVDA holds the highest valuation in this group at 5.4T. The lowest valued company is CYBL at 13.43K.

High and low price notable news

The average weekly price growth across all stocks in the Semiconductors Industry was 3%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was 44%. SMTC experienced the highest price growth at 22%, while INDI experienced the biggest fall at -8%.

Volume

The average weekly volume growth across all stocks in the Semiconductors Industry was -1%. For the same stocks of the Industry, the average monthly volume growth was -9% and the average quarterly volume growth was -51%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 60
P/E Growth Rating: 53
Price Growth Rating: 50
SMR Rating: 72
Profit Risk Rating: 74
Seasonality Score: -17 (-100 ... +100)
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General Information

a developer of high-precision, analog and mixed-signal integrated circuits for audio and energy markets

Industry Semiconductors

Profile
Details
Industry
Semiconductors
Address
800 W. 6th Street
Phone
+1 512 851-4000
Employees
1668
Web
https://www.cirrus.com
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