Cypress stock: buy or sell?

CY stock price: $22.42 0.00% At close on July 16th, 2019

Updated on:
July 16th, 2019

5

Cypress stayed constant 0.00% today to $22.42 after topping to all time highs yesterday.

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

Should I buy Cypress stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups are elegible 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 post stock ratings everyday. At Stocks2.com, we detected 9 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
2019-6-6Barclaysn/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

After yesterday all time highs, Cypress stayed steady to $22.42.

After yesterday all time highs, Cypress stayed stable to $22.42. Since last May when SMA100d and SMA200d crossed up, CY price gained $5.37 per share (31.50%). On March CY price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Yesterday, CY hit new all time highs, pushing higher previous ATH of $22.50 recorded on Friday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

CY stock chart (daily)

Weekly outlook

Even closing in red ($22.42, -0.31%), Cypress Semiconductor reached new all time high at $22.51. Early June CY climbed an extraordinary 19.45% in just one week. This week broke a streak of 4 green weeks.

Cypress stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since SMA20d and SMA40w crossed up late April, CY price climbed $5.21 per share (30.27%). Since price and SMA40w lines crossed up by mid February, CY climbed $7.78 (53.14%).

CY stock chart (weekly)

Cypress stock price history

Cypress IPO was on May 29th, 1986 at $0.78 per share1. Since then, CY stock surged a 2,774.40%, with an average of 84.10% per year. If you had invested right after CY's IPO a $1,000 in Cypress stock in 1986, it would worth $27,744.00 today.

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

Cypress stock historical price chart

CY stock reached all-time highs yesterday with a price of $22.51.

Cypress stock price target is $18.90

How much a stock will be priced tomorrow or next week is quite unpredictable 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. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 7 price forecasts for CY stock:
CY stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
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$18.9020.0%
The price target for Cypress stock is $18.90, moving in a range between $23.85 and $15.50. In average, analysts' outlook on CY price forecast is positive, improving the prediction by a 20.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, Cypress Semiconductor skyrocketed an extraordinary 35.88%. Unfortunately, reported EPS is not yet available in our database.
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 annual turnover escalated a more than good 6.70% to $2,483.84 M USD from $2,327.77 marked in 2017. Slightly better, its profit margin (compared to revenues) rocketed 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 income was $365.23 million dollars. When comparing this TTM figures with the last reported annuality, we can review Cypress business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, declined a bad -1.74%. Slightly better, profit margin (net income/revenues) remained steady 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 sales for 2019-Q1, a -10.83% decline compared to previous quarter. Reported quarter earnings marked $19.71 million with a profit margin of 3.66%. Profit margin collapsed a -40.53% compared to previous quarter when profit margin was 44.19%. When comparing turnover to same quarter last year, Cypress sales marked a fatal correction and fell a -7.43%. Looking back to recent quarterly results, Cypress 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 invest in shares of a stock, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Cypress, 0.62% of all outstanding shares are owned by its staff.

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

For a better context understanding, the following table shows ownership data compared to other related stocks:

CYADIMCHPMXIMON
Market cap$8.1 B$43.3 B$21.9 B$17.0 B$8.4 B
Total shares361.5 M369.8 M237.0 M272.4 M412.0 M
Float shares363.3 M368.5 M232.7 M270.5 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

Tuesday, July 16th, 2019
Open$22.46
Close$22.42
Day range$22.41 - $22.50
Previous close$22.42
Session gain0.00%
Average true range$0.13
50d mov avg$19.87
100d mov avg$17.74
200d mov avg$15.52
Daily pattern
Weekly pattern lt06a

Cypress performance

To better understand Cypress performance you must becnhmark its gains with other related stocks in same sector or 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...37.97%70.75%35.30%
ADIAnalog Devices2.51%29.46%22.15%
MCHPMicrochip Technol...-5.78%20.28%-0.12%
MXIMMaxim Integrated ...5.08%18.12%4.69%
ONON Semiconductor-10.30%10.21%-15.60%
SLABSilicon Laborator...14.61%20.45%0.95%
SMTCSemtech-7.50%-2.07%-1.61%
TXNTexas Instruments3.42%21.08%6.16%

Cypress competitors

We selected a few stocks to conform a list of Cypress Semiconductor competitors to watch if you are interested in investing in CY:

Latest Cypress stock news