Paul Cunningham - Cadence Design Senior Group

CDNS Stock  USD 282.41  5.33  1.92%   

Executive

Paul Cunningham is Senior Group of Cadence Design Systems
Age 46
Address Building 5, San Jose, CA, United States, 95134
Phone408 943 1234
Webhttps://www.cadence.com

Cadence Design Management Efficiency

The company has return on total asset (ROA) of 0.1386 % which means that it generated a profit of $0.1386 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3217 %, meaning that it created $0.3217 on every $100 dollars invested by stockholders. Cadence Design's management efficiency ratios could be used to measure how well Cadence Design manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.29 in 2024. Return On Capital Employed is likely to gain to 0.33 in 2024. At this time, Cadence Design's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 3.9 B in 2024, whereas Intangible Assets are likely to drop slightly above 324.2 M in 2024.
The company currently holds 806.03 M in liabilities with Debt to Equity (D/E) ratio of 0.29, which may suggest the company is not taking enough advantage from borrowing. Cadence Design Systems has a current ratio of 1.3, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist Cadence Design until it has trouble settling it off, either with new capital or with free cash flow. So, Cadence Design's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cadence Design Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cadence to invest in growth at high rates of return. When we think about Cadence Design's use of debt, we should always consider it together with cash and equity.

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Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit design blocks worldwide. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California. Cadence Design operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 9300 people. Cadence Design Systems (CDNS) is traded on NASDAQ Exchange in USA. It is located in Building 5, San Jose, CA, United States, 95134 and employs 11,200 people. Cadence Design is listed under Application Software category by Fama And French industry classification.

Management Performance

Cadence Design Systems Leadership Team

Elected by the shareholders, the Cadence Design's board of directors comprises two types of representatives: Cadence Design inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cadence. The board's role is to monitor Cadence Design's management team and ensure that shareholders' interests are well served. Cadence Design's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cadence Design's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Beckley, Sr. VP and General Manager of Custom IC and PCB Group
LipBu Tan, President CEO, Director
John Shoven, Chairman, Member of The Interim Office of The Chief Executive, Chairman of Compensation Committee, Member of Audit Committee, Member of Corporate Governance and Nominating Committee and Member of Fin. Committee
Nimish Modi, Senior Ventures
Ariel Sella, CoFounder
Mary Wilderotter, Director
Alberto SangiovanniVincentelli, Independent Director
Young Sohn, Director
Mark Adams, Director
Anirudh Devgan, Sr. VP, General Manager of Digital and Signoff Group and General Manager of System and Verification Group
Neil Zaman, Senior Vice President- World Wide Operations
Alan Lindstrom, IR Contact Officer
Charlie Huang, Senior Vice President - Worldwide Field Operations and Research and Development
CHINCHI TENG, Senior Vice President - Research and Development
Karna Nisewaner, General VP
Susan Bostrom, Independent Director
Richard Gu, Vice Relations
Geoffrey Ribar, CFO and Sr. VP
James Cowie, Senior Vice President General Counsel, Secretary
ChiPing Hsu, Senior Vice President , Chief Strategy Officer , EDA and Chief of Staff to the CEO
Surendra Mandava, Senior Vice President Research and Development
Paul Cunningham, Senior Group
James Plummer, Independent Director
Roger Siboni, Independent Director
Aneel Zaman, Senior Officer
Christina Jones, Senior Resources
John Wall, CFO, Senior Vice President
Martin Lund, Senior Vice President - Research and Development
James Haddad, Corporate Treasurer
George Scalise, Independent Director

Cadence Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cadence Design a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Cadence Design Investors Sentiment

The influence of Cadence Design's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cadence. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cadence Design's public news can be used to forecast risks associated with an investment in Cadence. The trend in average sentiment can be used to explain how an investor holding Cadence can time the market purely based on public headlines and social activities around Cadence Design Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cadence Design's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cadence Design's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cadence Design's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cadence Design.

Cadence Design Implied Volatility

    
  28.48  
Cadence Design's implied volatility exposes the market's sentiment of Cadence Design Systems stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cadence Design's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cadence Design stock will not fluctuate a lot when Cadence Design's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cadence Design in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cadence Design's short interest history, or implied volatility extrapolated from Cadence Design options trading.

Pair Trading with Cadence Design

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cadence Design position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cadence Design will appreciate offsetting losses from the drop in the long position's value.

Moving against Cadence Stock

  0.54NOGWQ Nogin IncPairCorr
The ability to find closely correlated positions to Cadence Design could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadence Design when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cadence Design - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cadence Design Systems to buy it.
The correlation of Cadence Design is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cadence Design moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadence Design Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cadence Design can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cadence Design Systems is a strong investment it is important to analyze Cadence Design's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cadence Design's future performance. For an informed investment choice regarding Cadence Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cadence Design Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Cadence Stock analysis

When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.
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Is Cadence Design's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cadence Design. If investors know Cadence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cadence Design listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.022
Earnings Share
3.84
Revenue Per Share
15.135
Quarterly Revenue Growth
(0.01)
Return On Assets
0.1386
The market value of Cadence Design Systems is measured differently than its book value, which is the value of Cadence that is recorded on the company's balance sheet. Investors also form their own opinion of Cadence Design's value that differs from its market value or its book value, called intrinsic value, which is Cadence Design's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cadence Design's market value can be influenced by many factors that don't directly affect Cadence Design's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cadence Design's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadence Design is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadence Design's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.