Cypress stock: buy or sell?

CY stock price: $15.06 -3.15% At close on May 20th, 2019

Updated on:
May 20th, 2019

2

Cypress Semiconductor shares slipped -3.15% to $15.06 today. With Monday it's been 3 sliding days in a row, loosing $-1.02 (-6.42%). On May/13 CY plummed a frightening -6.18%.

Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells embedded system solutions worldwide.

Should I buy Cypress stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Cypress Semiconductor stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CY will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Cypress stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 5 ratings published for CY stock in the last month.

The general sentiment of these ratings is bullish for CY stock, with 5 positive ratings.
Is CY a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-4-1Needham & Company LLCn/aBuy
2019-3-15MKM Partnersn/aBuy
2019-3-14Needham & Company LLCn/aBuy
2019-3-14Bank of American/aBuy
2019-2-1Craig HallumBuyBuy

Cypress stock analysis

Daily outlook

Shares of Cypress slipped a terrifying -3.15% and closed at $15.06.

Cypress Semiconductor shares slipped -3.15% to $15.06 today. Since last May 7th when SMA100d and SMA200d crossed up, CY price slipped $-2.07 per share (-12.08%). Since last March when CY stock price broke up the SMA200d line, it gained $0.36 (2.45%).

CY stock chart (daily)

Weekly outlook

Cypress Semiconductor shares eased -3.15% this week, ending at $15.06. Early May CY plunged a hair-raising -7.73% in just one week. For 3 weeks in a row, price slid and lost a -14.51%. Late April CY skyrocketed an extraordinary 5.61% in just one week.

In a weekly time frame, Cypress Semiconductor stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, CY might consolidate in a flat-base, waiting to break out over or down under . Since late April when SMA20w and SMA40w crossed up, CY price slipped $-2.24 per share (-12.95%). Since mid February when CY stock price broke up the SMA40w line, it gained $0.35 (2.38%).

CY stock chart (weekly)

Cypress stock price history

Cypress stock went public on May 29th, 1986 with a price of $0.751. Since then, CY stock grew a 1,908.00%, with a yearly average of 59.60%. If you had invested right after CY's IPO a $1,000 in Cypress stock in 1986, it would worth $19,080.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Cypress stock historical price chart

CY stock reached 52-week highs on July at $18.15, and all-time highs 2018-03-13 with a price of 18.18.

Cypress stock price target is $17.50

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We detected 4 price forecasts for CY stock posted in the last month:
CY stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-4-1Needham & Company LLCReiteratesn/a$16.00-
2019-3-15MKM PartnersRaises Targetn/a$18.00-
2019-3-14Bank of AmericaReiteratesn/a$18.00-
2019-2-1Craig HallumReiterates$20.00$18.00-10%
(in average)$20.00$17.50-13.0%
Moving in a range from $18.00 and $16.00, the price prediction for CY stock is $17.50. In average, analysts' outlook on CY price forecast is negative, downgrading the forecast by a -13.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on Apr 24th, Cypress eased a tragic -9.17%. As soon as we get its actual EPS from the earnings report, we will update this report.
CY earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.07n/a
2017-Q32017-10-260.230.2717.4%
2017-Q42018-02-010.250.2812.0%
2018-Q12018-04-260.170.2335.3%
2018-Q22018-07-260.250.278.0%
2018-Q32018-10-250.320.359.4%
2018-Q42019-01-310.270.311.1%
2019-Q12019-04-240.24n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Cypress Semiconductor annual revenues rose a great 6.70% to $2,483.84 M USD from $2,327.77 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) rocketed a 17.75% to 14.28%.

To have an up to date view of the financial situation of Cypress, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Cypress TTM sales up to March 2019 were $2,440.60 and income was $365.23 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem Cypress Semiconductor business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, slightly fell a lame -1.74%. Regarding profit margin, Cypress remained steady 0.69% to 14.28%

CY annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$723 M-$-46.36 M-6.4%-
2014$725 M0.39%$18 M2.5%-138.69%
2015$1,608 M121.62%$-378.87 M-23.6%-2,212.33%
2016$1,923 M19.61%$-686.25 M-35.7%81.13%
2017$2,328 M21.04%$-80.92 M-3.5%-88.21%
2018$2,484 M6.70%$355 M14.3%-538.23%
TTM $2,441 M-1.74%$365 M15.0%3.00%

Quarterly financial results

Cypress reported $539.00 M in sales for 2019-Q1, a -10.83% less compared to previous quarter. Reported quarter earnings marked $19.71 M with a profit margin of 3.66%. Profit margin plunged a -40.53% compared to previous quarter when profit margin was 44.19%. When comparing revenues to same quarter last year, Cypress Semiconductor sales marked a rough drop down and dropped a -7.43%. Looking back to recent quarterly results, Cypress Semiconductor posted 2 negative quarters in a row.
CY quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$594 M-$-23 M-3.9%-
2017-Q3$605 M1.82%$11 M1.8%-148.17%
2017-Q4$598 M-1.16%$-34 M-5.7%-408.37%
2018-Q1$582 M-2.56%$9 M1.6%-126.69%
2018-Q2$624 M7.19%$28 M4.4%205.20%
2018-Q3$673 M7.84%$51 M7.5%82.97%
2018-Q4$604 M-10.19%$267 M44.2%426.90%
2019-Q1$539 M-10.83%$20 M3.7%-92.62%

Cypress ownership

When you are planning to buy shares of a company, it's always worth to overview its ownership structure.

Cypress Semiconductor shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.62% of all shares.

Bearish positions for CY stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Cypress Semiconductor:

CYADIMCHPMXIMON
Market cap$5.5 B$37.1 B$19.7 B$14.6 B$7.7 B
Total shares365.3 M368.3 M237.0 M272.4 M412.4 M
Float shares363.3 M367.0 M232.1 M270.7 M405.9 M
  - Institutional holdings (%)83.7%92.5%117.6%100.0%98.3%
  - Insider holdings (%)0.6%0.3%2.2%0.7%1.3%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Cypress summary

Monday, May 20th, 2019
Open$15.29
Close$15.06
Day range$14.93 - $15.39
Previous close$15.55
Session gain-3.15%
Average true range$0.56
50d mov avg$15.88
100d mov avg$14.98
200d mov avg$14.61
Daily pattern
Weekly pattern lt06a

Cypress performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared Cypress against Analog Devices, Microchip Technology, Maxim Integrated Products, ON Semiconductor, Silicon Laboratories, Semtech and Texas Instruments in the following table:
Stock3m6m12m
CYCypress Semicondu...-3.28%12.56%-6.34%
ADIAnalog Devices-4.15%13.87%8.42%
MCHPMicrochip Technol...-8.23%11.12%-9.08%
MXIMMaxim Integrated ...-3.25%2.19%-4.56%
ONON Semiconductor-18.28%-0.11%-20.80%
SLABSilicon Laborator...7.84%11.62%-7.37%
SMTCSemtech-16.31%-4.87%2.85%
TXNTexas Instruments-1.76%11.70%-3.43%

Cypress competitors

One check before trading any stock is to have a look a list of its competitors, in this case for Cypress. We picked 7 companies as Cypress competitors as they are in the same industry or have similar market objectives.

Latest Cypress stock news