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Asset logo for symbol CDNS
Cadence Design Systems
CDNS78
$247.52arrow_drop_down1.32%-$3.33
High Quality
S&P500
Asset logo for symbol CDNS
CDNS78

$247.52

arrow_drop_down1.32%
Key Stats
Open$250.00
Prev. Close$254.13
EPS3.87
DividendNon-Dividend
Next Earnings Date-
Dividend Yield %-
LOWHIGH
Day Range248.61
255.78
52 Week Range227.05
328.98
Ratios
EPS3.87
Fundamentals
Payout Ratio-
Industry average yield2.87%
Last Dividend pay date-
Dividend per share-
Dividend yield forecast-

Stock Analysis

Technicals

Summarizing what the indicators are suggesting.

Strong Buy
Buy
Neutral
Sell
Strong Sell

Analyst rating

An aggregate view of professional's ratings.

Strong Buy
Buy
Neutral
Sell
Strong Sell

Stock Performance

CDNSarrow_drop_down0.76%
US Technology Sectorarrow_drop_down0.13%
US Marketarrow_drop_down1.79%
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CDNS / Market

CDNS exceeded the US Market which returned -1.79% over the last twenty four hours.
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CDNS / Technology Sector

CDNS lose to the US Technology sector which returned -0.13% over the last twenty four hours.

Cadence Design Systems (CDNS) Statistics

Cadence Design Systems Inc (CDNS) is a leading provider of electronic design automation (EDA) software and engineering services. As of the most recent data, CDNS has a market capitalization of $40.56 billion. The company's stock has been performing well, with a 52-week high of $123.38 and a 52-week low of $84.64. CDNS has a forward price-to-earnings ratio of 49.21, indicating potential future growth. Its price-to-sales ratio stands at 17.18, while the price-to-book ratio is 24.05. With a current ratio of 1.45, the company has the ability to meet its short-term obligations. CDNS has shown consistent revenue growth, with a revenue per share of $4.17.
In terms of valuation metrics, CDNS appears to be fairly valued. Its enterprise value-to-EBITDA ratio is 41.29, indicating that the company is generating a healthy level of earnings relative to its enterprise value. CDNS has a profit margin of 24.68%, which is above the industry average. However, it is important to note that CDNS carries a significant amount of total debt, with a total debt-to-equity ratio of 1.35. This could pose a potential risk to the company's financial stability. On a positive note, CDNS has a strong gross profit margin of 87.42%, indicating efficient operations and cost management.
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Frequently Asked Questions

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How has Cadence Design Systems (CDNS) stock's performance compared to its sector and the market over the past year?

Over the past year, Cadence Design Systems (CDNS) has experienced a price change of . Compared to the Technology sector, which saw a change of 25.97%, Cadence Design Systems has underperformed compared to its sector, indicating its relative standing within the Technology sector. Against the broader market's change of 33.84%, it has fallen short of the market average. This comparison highlights Cadence Design Systems 's performance relative to both its sector and the overall market over the last year.
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What is the PE ratio of Cadence Design Systems (CDNS) stock?

The PE (Price to Earnings) ratio of Cadence Design Systems (CDNS) is currently 64.12. This metric is used to evaluate the valuation of a company's stock, comparing its current share price relative to its per-share earnings.
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What is the EPS of Cadence Design Systems (CDNS) stock?

The Earnings Per Share (EPS) for Cadence Design Systems (CDNS), calculated on a diluted basis, is $3.86. EPS is a key indicator of a company's profitability, showing the portion of a company's profit allocated to each outstanding share of common stock.
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What is the operating margin of Cadence Design Systems (CDNS) stock?

The operating margin for Cadence Design Systems (CDNS) is 28.02%. This metric represents the percentage of revenue that remains after paying for variable production costs, indicating the efficiency and profitability of the company's core business operations.
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What is the EBITDA of Cadence Design Systems (CDNS) stock?

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of Cadence Design Systems (CDNS) is $1.38B. EBITDA is a widely used earnings metric to assess a company's operational efficiency and profitability before the impact of non-operating decisions such as financing, accounting, and tax environments.
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How much debt does Cadence Design Systems (CDNS) have?

Cadence Design Systems (CDNS) has a total debt of $1.35B. The net debt, which accounts for cash and cash equivalents against the total debt, is $289.71M.

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