Cadence Stock Analysis

CDNS -  USA Stock  

USD 143.02  2.26  1.61%

The latest indifference towards the small price fluctuations of Cadence Design Sys could raise concerns from retail investors as the firm it trading at a share price of 143.02 on very low momentum in volume. The company directors and management did not add any value to Cadence Design investors in June. However, most investors can still diversify their portfolios with Cadence Design Sys to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.67. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The Cadence Design stock analysis report makes it easy to digest most publicly released information about Cadence Design and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Cadence Stock analysis module also helps to analyze the Cadence Design price relationship with some important fundamental indicators such as market cap and management efficiency.

Cadence Stock Analysis Notes

About 90.0% of the company shares are held by institutions such as insurance companies. The company had not issued any dividends in recent years. Cadence Design Sys had 2:1 split on the 17th of November 1997. Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit design blocks worldwide. Cadence Design Systems, Inc. was incorporated in 1988 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 8800 people. For more info on Cadence Design Sys please contact LipBu Tan at 408 943-1234 or go to www.cadence.com.

Cadence Design Quarterly Cost of Revenue

83.97 MillionShare

Cadence Design Sys Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cadence Design's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cadence Design Sys or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Cadence Design Sys is unlikely to experience financial distress in the next 2 years
Cadence Design Sys was previously known as Cadence Design Systems and was traded on NASDAQ Exchange under the symbol CDN.
Over 90.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Payment of 697 shares by Cunningham Paul of Cadence Design subject to Rule 16b-3

Cadence Design Sys Upcoming and Recent Events

Earnings reports are used by Cadence Design to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cadence Design previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report26th of July 2021
Next Earnings Report18th of October 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End28th of February 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Cadence Design SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Cadence Design prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Cadence Design investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Cadence Design Sys specific information freely available to individual and institutional investors to make a timely investment decision.
1st of July 2021
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Termination of a Material Definitive Agreement. Entry into a Material Definitive Agreement
View
7th of May 2021
Submission of Matters to a Vote of Security Holders
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26th of April 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
5th of March 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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22nd of February 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
12th of February 2021
Financial Statements and Exhibits. Amendments to Articles of Incorporation or Bylaws; and/or Change in Fiscal Year
View
11th of February 2021
Unclassified Corporate Event
View
10th of February 2021
Unclassified Corporate Event
View

Cadence Design Thematic Classifications

In addition to having Cadence Design stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Software IdeaSoftware
Software, software systems, and software services

Cadence Market Capitalization

The company currently falls under 'Large-Cap' category with current market capitalization of 38.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cadence Design's market, we take the total number of its shares issued and multiply it by Cadence Design's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Cadence Profitablity

Cadence Design's profitability indicators refer to fundamental financial ratios that showcase Cadence Design's ability to generate income relative to its revenue or operating costs. If, let's say, Cadence Design is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cadence Design's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cadence Design's profitability requires more research than a typical breakdown of Cadence Design's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 23.34 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 31.01 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.31.
Last ReportedProjected for 2021
Return on Investment 24.41  21.01 
Return on Average Assets 0.15  0.12 
Return on Average Equity 0.25  0.24 
Return on Invested Capital 0.45  0.38 
Return on Sales 0.24  0.20 

Management Efficiency

The entity has return on total asset (ROA) of 11.59 % which means that it generated profit of $11.59 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 27.82 %, meaning that it created $27.82 on every $100 dollars invested by stockholders. Cadence Design management efficiency ratios could be used to measure how well cadence design sys manages its routine affairs as well as how well it operates its assets and liabilities. As of 07/23/2021, Return on Investment is likely to drop to 21.01. In addition to that, Return on Average Assets is likely to drop to 0.12. Cadence Design Revenue to Assets are relatively stable at the moment as compared to the past year. Cadence Design reported last year Revenue to Assets of 0.68. As of 07/23/2021, Asset Turnover is likely to grow to 0.77, while Total Assets are likely to drop slightly above 3.2 B.
Last ReportedProjected for 2021
Book Value per Share 9.11  6.17 
Enterprise Value over EBIT 57.00  44.74 
Enterprise Value over EBITDA 46.59  34.76 
Price to Book Value 15.26  13.17 
Tangible Assets Book Value per Share 10.81  8.03 
Enterprise Value37.4 B23.6 B
Tangible Asset ValueB2.2 B

Technical Drivers

As of the 23rd of July, Cadence Design shows the risk adjusted performance of 0.0218, and Mean Deviation of 1.16. Cadence Design Sys technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Cadence Design Sys, which can be compared to its rivals. Please confirm Cadence Design Sys standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Cadence Design Sys is priced correctly, providing market reflects its regular price of 143.02 per share. Given that Cadence Design has jensen alpha of 0.0049, we suggest you to validate Cadence Design Sys's prevailing market performance to make sure the company can sustain itself at a future point.

Cadence Design Sys Price Movement Analysis

The output start index for this execution was nine with a total number of output elements of fifty-two. The Exponential Moving Average is calculated by weighting recent values of Cadence Design Sys more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Cadence Design Sys Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cadence Design insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cadence Design's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cadence Design insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Cadence Design Outstanding Bonds

Cadence Design issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cadence Design Sys uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cadence bonds can be classified according to their maturity, which is the date when Cadence Design Sys has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MaturityCouponRating
CADENCE DESIGN SYS10/15/20244.375
BBB-

Cadence Design Technical and Predictive Indicators

Cadence Design Forecast Models

Cadence Design time-series forecasting models is one of many Cadence Design's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cadence Design's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Cadence Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cadence Design stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cadence shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Cadence Design. By using and applying Cadence Stock analysis, traders can create a robust methodology for identifying Cadence entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin 24.06  19.76 
EBITDA Margin 0.30  0.27 
Gross Margin 0.89  0.92 
Profit Margin 0.22  0.17 
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit design blocks worldwide. Cadence Design Systems, Inc. was incorporated in 1988 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 8800 people.

Current Cadence Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cadence analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cadence analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
153.08Buy12Odds
Cadence Design Sys current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cadence analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cadence stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cadence Design Sys, talking to its executives and customers, or listening to Cadence conference calls.
Cadence Analyst Advice Details

Cadence Stock Analysis Indicators

Cadence Design Sys stock analysis indicators help investors evaluate how Cadence Design stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cadence Design shares will generate the highest return on investment. By understating and applying Cadence Design stock analysis, traders can identify Cadence Design position entry and exit signals to maximize returns.
Quick Ratio1.44
Fifty Two Week Low97.45
Revenue Growth19.10%
Average Daily Volume Last 10 Day890.13k
Shares Short Prior Month3.92M
Average Daily Volume In Three Month1.56M
Earnings Growth52.30%
Shares Percent Shares Out1.21%
Earnings Quarterly Growth51.00%
Gross Margins88.75%
Forward Price Earnings41.23
Short Percent Of Float1.60%
Float Shares274.23M
Fifty Two Week High149.08
Fifty Day Average132.83
Enterprise Value To Ebitda40.02
Two Hundred Day Average133.73
Enterprise Value To Revenue12.41
Continue to Trending Equities. Note that the Cadence Design Sys information on this page should be used as a complementary analysis to other Cadence Design's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Cadence Design Sys 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 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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The market value of Cadence Design Sys 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 Sys underlying business (such as 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 Cadence Design value 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.