Cypress stock: buy or sell?

CY stock price: $23.24 -0.04% At close on September 20th, 2019

Updated on:
September 20th, 2019

5

Cypress Semiconductor stayed constant -0.04% today to $23.24 after reaching all time highs today. Friday was the third red session in a row, sliding in full a -0.64%.

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

Should I buy Cypress stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

These 2 buy setups work for Cypress Semiconductor stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Cypress stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we gathered 10 ratings published for CY stock in the last 30 days.

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
2019-7-29Mizuhon/aHold
2019-6-6Barclaysn/aHold
2019-6-4SunTrust Banksn/an/a
2019-6-3Piper Jaffray CompaniesOverweightNeutral
2019-5-30Morgan StanleyUnderweightEqual Weight
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

Cypress Semiconductor stayed constant -0.04% today to $23.24 after marking all time highs today.

Cypress Semiconductor stayed stable -0.04% to $23.24 after marking all time highs today. Since SMA100d and SMA200d crossed up on May, CY price climbed $6.19 per share (36.30%). Even closing lower, the session peaked to new all time high beating yesterday highs. Since price and SMA50d lines crossed up on May, CY climbed $7.93 (51.80%).

CY stock chart (daily)

Weekly outlook

Cypress Semiconductor topped new all time highs back again this week, marking to $23.40. Shares ended at $23.24 and remained steady -0.43% during the week.

CY shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early August, CY climbed unceasignly breaking out to new all time highs. Since SMA20d and SMA40w crossed up late April, CY price climbed $6.03 per share (35.04%). Since mid February when CY stock price broke up the SMA40w line, it gained $8.60 (58.74%).

CY stock chart (weekly)

Cypress stock price history

Cypress IPO was on May 29th, 1986 at $0.78 per share1. Since then, CY stock grew a 2,879.50%, with a yearly average of 87.30%. If you had invested $1,000 in Cypress stock in 1986, it would worth $28,795.00 today.

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

Cypress stock historical price chart

CY stock reached all-time highs today with a price of $23.40.

Cypress stock price target is $19.50

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 8 price targets for Cypress stock released in the last month:
CY stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-29MizuhoReiteratesn/a$23.85-
2019-6-6BarclaysReiteratesn/a$23.00-
2019-6-4SunTrust BanksRaises Targetn/a$23.85-
2019-5-30Morgan StanleyUpgrades$11.50$15.5034.8%
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)$15.80$19.5023.0%
Moving in a range from $23.85 and $15.50, the price prediction for CY stock is $19.50. In average, analysts' outlook on CY price target is positive, improving the prediction by a 23.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Cypress published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this review.
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

Compared to 2017, last anual turnover report draw a remarkable growth of 6.70% to $2,483.84 M USD. Instead, its profit margin (compared to sales) boosted to 14.28%, that is $354.59 million.

To have an updated view of the financial situation of Cypress Semiconductor, 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 Semiconductor TTM sales up to March 2019 were $2,440.60 and earnings were $365.23 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem Cypress business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, depreciated a disappointing -1.74%. However, profit margin (net income/sales) stayed constant at 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 Semiconductor posted $539.00 million in revenues for 2019-Q1, a -10.83% decline compared to previous quarter. Reported quarter income marked $19.71 M with a profit margin of 3.66%. Profit margin plummed a -40.53% compared to previous quarter when profit margin was 44.19%. When comparing sales to same quarter last year, Cypress sales marked a fateful drop down and slipped a -7.43%. Looking back to recent quarterly results, Cypress Semiconductor posted 2 positive 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 invest in a stock, it's worth to check 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$8.6 B$42.8 B$22.0 B$15.9 B$8.0 B
Total shares369.3 M369.4 M238.0 M271.3 M410.5 M
Float shares367.3 M367.9 M232.7 M269.2 M402.6 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

Friday, September 20th, 2019
Open$23.35
Close$23.24
Day range$23.18 - $23.40
Previous close$23.25
Session gain-0.04%
Average true range$0.11
50d mov avg$22.90
100d mov avg$21.23
200d mov avg$17.81
Daily pattern
Weekly pattern lb03c

Cypress performance

To better understand Cypress performance you must becnhmark its gains with other related stocks in same sector or industry. For Cypress Semiconductor, the comparison is made against Analog Devices, Microchip Technology, Maxim Integrated Products, ON Semiconductor, Silicon Laboratories, Semtech and Texas Instruments.
Stock3m6m12m
CYCypress Semicondu...5.35%57.45%49.84%
ADIAnalog Devices2.46%9.04%25.15%
MCHPMicrochip Technol...9.13%9.20%13.74%
MXIMMaxim Integrated ...1.04%9.84%1.72%
ONON Semiconductor0.41%-9.61%2.14%
SLABSilicon Laborator...16.30%39.81%19.73%
SMTCSemtech2.46%-10.35%-17.17%
TXNTexas Instruments13.45%16.94%18.46%

Cypress competitors

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

Latest Cypress stock news