Cypress stock: buy or sell?
September 20th, 2019
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:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-6-3||Piper Jaffray Companies||Overweight||Neutral|
|2019-5-30||Morgan Stanley||Underweight||Equal Weight|
|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
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%).
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%).
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 $19.50How 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-4||SunTrust Banks||Raises Target||n/a||$23.85||-|
|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 ShareSince 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%.
|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 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.
|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 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:
|Market cap||$8.6 B||$42.8 B||$22.0 B||$15.9 B||$8.0 B|
|Total shares||369.3 M||369.4 M||238.0 M||271.3 M||410.5 M|
|Float shares||367.3 M||367.9 M||232.7 M||269.2 M||402.6 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$23.18 - $23.40|
|Average true range||$0.11|
|50d mov avg||$22.90|
|100d mov avg||$21.23|
|200d mov avg||$17.81|
Cypress performanceTo 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.
|MXIMMaxim Integrated ...||1.04%||9.84%||1.72%|
Cypress competitorsOne 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.
- Analog Devices (ADI)
- Microchip Technology (MCHP)
- Maxim Integrated Products (MXIM)
- ON Semiconductor (ON)
- Silicon Laboratories (SLAB)
- Semtech (SMTC)
- Texas Instruments (TXN)
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