Cypress stock: buy or sell?
May 20th, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-4-1||Needham & Company LLC||n/a||Buy|
|2019-3-14||Needham & Company LLC||n/a||Buy|
|2019-3-14||Bank of America||n/a||Buy|
Cypress stock analysis
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%).
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%).
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 $17.50Nobody 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-4-1||Needham & Company LLC||Reiterates||n/a||$16.00||-|
|2019-3-15||MKM Partners||Raises Target||n/a||$18.00||-|
|2019-3-14||Bank of America||Reiterates||n/a||$18.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%
|2013||$723 M||-||$-46.36 M-6.4%||-|
|2014||$725 M||0.39%||$18 M2.5%||-138.69%|
|2015||$1,608 M||121.62%||$-378.87 M-23.6%||-2,212.33%|
|2016||$1,923 M||19.61%||$-686.25 M-35.7%||81.13%|
|2017||$2,328 M||21.04%||$-80.92 M-3.5%||-88.21%|
|2018||$2,484 M||6.70%||$355 M14.3%||-538.23%|
|TTM||$2,441 M||-1.74%||$365 M15.0%||3.00%|
Quarterly financial resultsCypress 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.
|2017-Q2||$594 M||-||$-23 M-3.9%||-|
|2017-Q3||$605 M||1.82%||$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 M||7.19%||$28 M4.4%||205.20%|
|2018-Q3||$673 M||7.84%||$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 ownershipWhen 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:
|Market cap||$5.5 B||$37.1 B||$19.7 B||$14.6 B||$7.7 B|
|Total shares||365.3 M||368.3 M||237.0 M||272.4 M||412.4 M|
|Float shares||363.3 M||367.0 M||232.1 M||270.7 M||405.9 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Monday, May 20th, 2019|
|Day range||$14.93 - $15.39|
|Average true range||$0.56|
|50d mov avg||$15.88|
|100d mov avg||$14.98|
|200d mov avg||$14.61|
Cypress performanceStocks 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:
|MXIMMaxim Integrated ...||-3.25%||2.19%||-4.56%|
Cypress competitorsOne 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.
- Analog Devices (ADI)
- Microchip Technology (MCHP)
- Maxim Integrated Products (MXIM)
- ON Semiconductor (ON)
- Silicon Laboratories (SLAB)
- Semtech (SMTC)
- Texas Instruments (TXN)
Latest Cypress stock news
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