| 285.9 -7.81 (-2.66%) | 04-18 16:00 | |||||||||||||
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| Short term |  |
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| Mid term |   |
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| Targets | 6-month : | 362.39 |
1-year : | 382.35 |
| Resists | First : | 310.26 |
Second : | 327.35 |
| Pivot price | 305.32 |
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| Supports | First : | 282.6 |
Second : | 235.13 |
| MAs | MA(5) : | 297.56 |
MA(20) : | 308.44 |
| MA(100) : | 290.72  |
MA(250) : | 256.07 |
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| MACD | MACD : | -3.2 |
Signal : | -0.4 |
| %K %D | K(14,3) : | 9 |
D(3) : | 10.2 |
| RSI | RSI(14): 32.9 |
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| 52-week | High : | 327.35 | Low : | 194 |
Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.[ CDNS ] has closed below the lower bollinger band by 18.2%. If price is in a downtrend band; this downward trend might continue. However a short term pullback inside the band is likely. Bollinger Bands are 3.3% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.
| If tomorrow: | Open lower | Open higher |
| High: | 298.09 - 300.95 | 300.95 - 302.68 |
| Low: | 276.64 - 280.31 | 280.31 - 282.53 |
| Close: | 281.69 - 287.67 | 287.67 - 291.28 |
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Thu, 18 Apr 2024
Cadence Design Systems (CDNS): Moving Average Crossover Alert - Yahoo Movies UK
Thu, 18 Apr 2024
Cadence Design likely to see step-up in growth in fiscal 2025: Baird - Seeking Alpha
Thu, 18 Apr 2024
Robert W. Baird Raises Cadence Design Systems (NASDAQ:CDNS) Price Target to $322.00 - MarketBeat
Thu, 18 Apr 2024
Migdal Insurance & Financial Holdings Ltd. Cuts Position in Cadence Design Systems, Inc. (NASDAQ:CDNS) - MarketBeat
Thu, 18 Apr 2024
Why Earnings Season Could Be Great for Cadence (CDNS) - Yahoo Finance
Thu, 18 Apr 2024
Director Vincentelli Sangiovanni Sells Shares of Cadence Design Systems Inc (CDNS) Director Vincentelli ... - Yahoo Finance
| Price to Book Value: P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. |
Outperform |
| Price to Earnings: PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
Outperform |
| Discounted cash flow: DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. |
Neutral |
| Return on Assets: ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. |
Outperform |
| Return on Equity: ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. |
Outperform |
| Debt to Equity: evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
Neutral |
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Exchange:
NASDAQ
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Sector:
Technology
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Industry:
Software - Application
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| Shares Out | 273 (M) |
| Shares Float | 270 (M) |
| Held by Insiders | 0.8 (%) |
| Held by Institutions | 91.4 (%) |
| Shares Short | 2,750 (K) |
| Shares Short P.Month | 2,440 (K) |
| EPS | 3.81 |
| EPS Est Next Qtrly | 0 |
| EPS Est This Year | 0 |
| EPS Est Next Year | 0 |
| Book Value (p.s.) | 12.52 |
| Profit Margin | 25.4 % |
| Operating Margin | 31.6 % |
| Return on Assets (ttm) | 14.7 % |
| Return on Equity (ttm) | 33.8 % |
| Qtrly Rev. Growth | 18.7 % |
| Gross Profit (p.s.) | 0 |
| Sales Per Share | 15 |
| EBITDA (p.s.) | 5.2 |
| Qtrly Earnings Growth | 35 % |
| Operating Cash Flow | 1,350 (M) |
| Levered Free Cash Flow | 1,120 (M) |
| PE Ratio | 74.84 |
| PEG Ratio | 3 |
| Price to Book value | 22.81 |
| Price to Sales | 19.05 |
| Price to Cash Flow | 57.73 |
| Dividend | 0 |
| Forward Dividend | 0 |
| Dividend Yield | 0% |
| Dividend Pay Date | Invalid DateTime. |
| Ex-Dividend Date | Invalid DateTime. |
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