Hot Stock for Investors: Cypress Semiconductor Corporation (NASDAQ:CY)

Carla Harmon
March 16, 2017

The company's previous year sales total was 425.21 Million. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Cypress Semiconductor Corporation (NASDAQ:CY) topped its 52-week high price of $14.05 on Mar 15, 2017 and 52-Week Low Price of $8.02 on April 12, 2016.

Cypress Semiconductor Corporation closed its last trading session at $13.47 with the gain of 3.12%. Over the trailing year, the stock is outperforming the S&P 500 by 43.64, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of 5.41%. The company has a market cap of $4,555 million. In a similar way, Cypress Semiconductor Corporation (NASDAQ:CY) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $0.15. For the Current Quarter, 12 analysts are projecting the mean EPS to be $0.15/share. Cypress Semiconductor had a positive return on equity of 3.52% and a negative net margin of 35.69%. According to these analysts, the Low Revenue Estimate for Cypress Semiconductor Corporation is 510 Million and the High Revenue Estimate is 514.3 Million.

The company's growth for the past 5 years has been at -0.17 percent.

In Cypress Semiconductor Corporation (NASDAQ:CY)'s latest quarter, EPS moved to $0.15 from $0.15 in preceding quarter and revenues reached at $530.17M compared to $530.09M. Equities research analysts forecast that Cypress Semiconductor will post $0.67 earnings per share for the current fiscal year. Perhaps, that suggests something about why 5.12% of the outstanding share supply is held by institutional investors. This represents a $0.44 annualized dividend and a yield of 3.16%. The ex-dividend date of this dividend is Tuesday, March 28th. Cypress Semiconductor's dividend payout ratio is presently -20.37%. The Relative Volume value measured for Cypress Semiconductor Corporation (NASDAQ:CY) is 1.04. "(CY) Stock" was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another publication, it was illegally stolen and reposted in violation of USA and worldwide copyright & trademark laws.

While looking at the Stock's Performance, Cypress Semiconductor Corporation now shows a Weekly Performance of 3.43%, where Monthly Performance is 11.84%, Quarterly performance is 21.93%, 6 Months performance is 21.61% and yearly performance percentage is 66.63%. Vident Investment Advisory LLC increased its stake in ON Semiconductor Corp by 0.8% in the fourth quarter. (NUAN). The consensus rating is 2, indicating analysts in general look favorably on the company's future prospects. Cigna Investments Inc. New purchased a new stake in Cypress Semiconductor during the fourth quarter worth about $130,000. Picton Mahoney Asset Management purchased a new stake in Cypress Semiconductor during the third quarter worth about $148,000. That puts the market capitalization at $4.93 bln. The insider owns 10,112,234 shares which have current market value of around $140458930.26.John H. Kispert is another major inside shareholder in the company. Pacific Crest Maintains the company's stock to Overweight on 7/29/16 by setting a price target of $14. Cypress Semiconductor Corporation got Initiated on 19-Dec-16 where investment firm BofA/Merrill Initiated the stock to Buy. This rating was issued on 12/06/16. The company has a 1 Year high price target of $13.71.

09/15/2016 - Cypress Semiconductor Corporation had its "buy" rating reiterated by analysts at Roth Capital. Buy rating has been given by 0 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 1 analyst given HOLD rating.

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