Cadence Design Systems, Inc. (CDNS)

Last Closing Price: 288.93 (2024-05-16)

Company Description

Cadence Design Systems Inc. offers products and tools that help customers to design electronic products. Through System Design Enablement (SDE) strategy the company offers software, hardware, services and reusable IC design blocks (IPs) to electronic systems and semiconductor customers.Cadence's core electronic design automation (EDA) software and services enable engineers to develop different types of ICs. Its design IP's are directly integrated into the ICs.System Connect tools and services are used for the design, analysis and verification of PCBs. Further, System Integration solutions aid in designing and analyzing systems as well as verifying system functionality.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $4.09B
Net Income (Most Recent Fiscal Year) $1.04B
PE Ratio (Current Year Earnings Estimate) 61.40
PE Ratio (Trailing 12 Months) 75.93
PEG Ratio (Long Term Growth Estimate) 3.46
Price to Sales Ratio (Trailing 12 Months) 19.56
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 22.36
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 65.07
Pre-Tax Margin (Trailing 12 Months) 31.16%
Net Margin (Trailing 12 Months) 25.68%
Return on Equity (Trailing 12 Months) 32.44%
Return on Assets (Trailing 12 Months) 19.18%
Current Ratio (Most Recent Fiscal Quarter) 1.32
Quick Ratio (Most Recent Fiscal Quarter) 1.19
Debt to Common Equity (Most Recent Fiscal Quarter) 0.08
Inventory Turnover (Trailing 12 Months) 2.60
Book Value per Share (Most Recent Fiscal Quarter) $13.11
Earnings per Share (Most Recent Fiscal Quarter) $0.85
Earnings per Share (Most Recent Fiscal Year) $3.96
Diluted Earnings per Share (Trailing 12 Months) $3.84
Stock
Exchange NASDAQ
Sector Technology
Industry Software - Application
Common Shares Outstanding 272.13M
Free Float 266.72M
Market Capitalization $79.76B
Average Volume (Last 20 Days) 1.82M
Beta (Past 60 Months) 1.06
Percentage Held By Insiders (Latest Annual Proxy Report) 1.99%
Percentage Held By Institutions (Latest 13F Reports) 84.85%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%