Cadence Design Systems In... (CDNS)
Cadence Design Systems Statistics
Share Statistics
Cadence Design Systems has 274.31M shares outstanding. The number of shares has increased by 0.62% in one year.
| Shares Outstanding | 274.31M |
| Shares Change (YoY) | 0.62% |
| Shares Change (QoQ) | -0.06% |
| Owned by Institutions (%) | 86.48% |
| Shares Floating | 273.14M |
| Failed to Deliver (FTD) Shares | 264 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 4.87M, so 1.77% of the outstanding shares have been sold short.
| Short Interest | 4.87M |
| Short % of Shares Out | 1.77% |
| Short % of Float | 2.01% |
| Short Ratio (days to cover) | 1.86 |
Valuation Ratios
The PE ratio is 77.2 and the forward PE ratio is 38.55. Cadence Design Systems's PEG ratio is 99.34.
| PE Ratio | 77.2 |
| Forward PE | 38.55 |
| PS Ratio | 17.56 |
| Forward PS | 11.5 |
| PB Ratio | 17.44 |
| P/FCF Ratio | 72.89 |
| PEG Ratio | 99.34 |
Enterprise Valuation
Cadence Design Systems has an Enterprise Value (EV) of 81.43B.
| EV / Sales | 17.54 |
| EV / EBITDA | 49.08 |
| EV / EBIT | 64.6 |
| EV / FCF | 72.83 |
Financial Position
The company has a current ratio of 2.93, with a Debt / Equity ratio of 0.55.
| Current Ratio | 2.93 |
| Quick Ratio | 2.74 |
| Debt / Equity | 0.55 |
| Debt / EBITDA | 1.56 |
| Debt / FCF | 2.31 |
| Interest Coverage | 17.77 |
Financial Efficiency
Return on Equity is 22.58% and Return on Invested Capital is 13.43%.
| Return on Equity | 22.58% |
| Return on Assets | 11.76% |
| Return on Invested Capital | 13.43% |
| Revenue Per Employee | $361.55K |
| Profits Per Employee | $82.22K |
| Employee Count | 12,837 |
| Asset Turnover | 0.52 |
| Inventory Turnover | 0.82 |
Taxes
| Income Tax | 340.33M |
| Effective Tax Rate | 24.38% |
Stock Price Statistics
The stock price has increased by 8.54% in the last 52 weeks. The beta is 1.14, so Cadence Design Systems's price volatility has been higher than the market average.
| Beta | 1.14 |
| 52-Week Price Change | 8.54% |
| 50-Day Moving Average | 257.62 |
| 200-Day Moving Average | 278.24 |
| Relative Strength Index (RSI) | 66.18 |
| Average Volume (20 Days) | 2.41M |
Income Statement
In the last 12 months, Cadence Design Systems had revenue of 4.64B and earned 1.06B in profits. Earnings per share was 3.89.
| Revenue | 4.64B |
| Gross Profit | 4.43B |
| Operating Income | 1.35B |
| Net Income | 1.06B |
| EBITDA | 1.66B |
| EBIT | 1.47B |
| Earnings Per Share (EPS) | 3.89 |
Balance Sheet
The company has 2.64B in cash and 2.59B in debt, giving a net cash position of 58.95M.
| Cash & Cash Equivalents | 2.64B |
| Total Debt | 2.59B |
| Net Cash | 58.95M |
| Retained Earnings | 5.99B |
| Total Assets | 9.01B |
| Working Capital | 2.7B |
Cash Flow
In the last 12 months, operating cash flow was 1.26B and capital expenditures -142.54M, giving a free cash flow of 1.12B.
| Operating Cash Flow | 1.26B |
| Capital Expenditures | -142.54M |
| Free Cash Flow | 1.12B |
| FCF Per Share | 4.12 |
Margins
Gross margin is 95.46%, with operating and profit margins of 29.1% and 22.74%.
| Gross Margin | 95.46% |
| Operating Margin | 29.1% |
| Pretax Margin | 30.07% |
| Profit Margin | 22.74% |
| EBITDA Margin | 35.75% |
| EBIT Margin | 29.1% |
| FCF Margin | 24.09% |
Dividends & Yields
CDNS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 1.3% |
| FCF Yield | 1.37% |
Analyst Forecast
The average price target for CDNS is $330, which is 10% higher than the current price. The consensus rating is "Buy".
| Price Target | $330 |
| Price Target Difference | 10% |
| Analyst Consensus | Buy |
| Analyst Count | 19 |
Stock Splits
The last stock split was on Nov 17, 1997. It was a forward split with a ratio of 2:1.
| Last Split Date | Nov 17, 1997 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 17.45 |
| Piotroski F-Score | 6 |