$0.34 EPS Expected for Cadence Design Systems, Inc. (CDNS) This Quarter

Cadence Design

Cadence Design

They now have a Dollars 41 price target on the stock.

The average Wall Street analyst rating for Cadence Design Systems, Inc.is Hold, according to the average of 9 analyst scores. The stock go up so far this year; showing a rise of 64.12% and added with positive flow of 2.83% during recent week.

Company shares last traded at $41.94 which is marginally higher than $38.80, the stock's 50 day moving average and which is significantly higher than the 200 day moving average of $35.25.

With a total market value of $0, Cadence Design Systems Inc has 52 week low of $24.15 and a 52 week high of $41.14 with a PE ratio of 47.69.

Shares of Cadence Design Systems (CDNS) traded up 0.92% during trading on Wednesday, reaching $41.77. The business had revenue of $479.00 million during the quarter, compared to the consensus estimate of $476.21 million. Cadence Design Systems has a 12-month low of $24.15 and a 12-month high of $42.20.

04/25/2017 - Cadence Design Systems, Inc. was downgraded to "neutral" by analysts at D.A. Davidson. A total of 0.88 million shares exchanged at hands and its average trading volume is standing at 1.56 million shares. The firm has a market capitalization of $11.60 billion, a price-to-earnings ratio of 48.13 and a beta of 0.93. The company is expected to report its next earnings results after the market closes on Thursday, October 26th. Commonwealth Bank of Australia raised its position in Cadence Design Systems by 36.6% during the second quarter. The 50 day moving average went up by +8.086% whereas the 200 day average was up by +18.975%.

Synaptics Incorporated most recently reported earnings per share (EPS) of $1.18 for the June 2017 versus $0.46 in the same quarter past year, representing 157% growth.

On a similar note, analysts expect EPS of $0.57 in September 2017 quarter and $0.66 in December 2017 quarter, representing -8.06% and -37.74% growth, respectively.

Cadence Design Systems, Inc. had its "outperform" rating reiterated by analysts at Credit Suisse. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Royal Bank Of Canada boosted their target price on Cadence Design Systems from $39.00 to $45.00 and gave the stock an "outperform" rating in a report on Wednesday. The business's revenue was up 5.7% on a year-over-year basis. Insider ownership during the past year has decreased by a net of 1.06 million shares. The stock was sold at an average price of $37.55, for a total transaction of $563,250.00. The stock has been active on the tape, now trading at $41.39, up from yesterday's close by 0.93%.

10/08/2015 - Benchmark began new coverage on Cadence Design Systems, Inc. giving the company a "hold" rating.

SCANA Corporation (SCG) stock price escalated 0.12% to finalize at $49.64 throughout previous buying and selling session. The disclosure for this sale can be found here. Vanguard Group Inc. raised its holdings in Cadence Design Systems by 2.2% in the second quarter.

Several institutional investors and hedge funds have recently modified their holdings of the company. They now have a United States dollars 26 price target on the stock.

Cadence Design Systems, Inc. provides solutions that enable its customers to design electronic products. State Street Corp now owns 9,105,421 shares of the software maker's stock valued at $304,935,000 after acquiring an additional 108,305 shares in the last quarter. Cadence Design Systems had a return on equity of 27.81% and a net margin of 12.86%. Cowie now owns $945,729 of the stock per the Form 4 SEC filing. Sr. The Company's product categories include Functional Verification, Digital integrated circuits Design and Signoff, Custom IC Design and Verification, System Interconnect and Analysis, and intellectual property (IP).

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