Cypress Semiconductr (NASDAQ:CY) shares traded 4.28% up during most recent session to reach at the closing price of $15.6. The stock exchanged hands 7.75 Million shares versus average trading capacity of 4.9 Million shares, yielding a market cap of $5.68 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $16.36 within the next 52-weeks. The mean target projections are based on 14 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Cypress Semiconductr (NASDAQ:CY) high price target of $20 and with a conservative view have low price target of $11.5.
Barclays “Maintained” Cypress Semiconductr (NASDAQ:CY) in a research note issued to investors on 10/23/18 to Equal-Weight with price target of $16.
Additionally on 9/25/18 KeyBanc “Downgrades” Cypress Semiconductr (NASDAQ:CY) to Sector Weight setting price target at $0 and on 9/24/18 Morgan Stanley “Maintained” the stock to Underweight at $13. Furthermore on 5/23/18 Cowen & Co. “Initiates Coverage On” the stock to Outperform at $21.
On the other hand the company has Relative Strength Index (RSI 14) of 69.15 along with Average True Range (ATR 14) of 0.5, Consequently Cypress Semiconductr (NASDAQ:CY)’s weekly and monthly volatility is 2.69%, 3.08% respectively. The company’s beta value is at 1.92.
In terms of Buy, Sell or Hold recommendations, Cypress Semiconductr (NASDAQ:CY) has analysts’ mean recommendation of 0. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Cypress Semiconductr (NASDAQ:CY)’s minimum EPS for the current quarter is at $0.23 and can go high up to $0.27. The consensus mean EPS for the current quarter is at $0.26 derived from a total of 15 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.27 earnings per share for the same quarter during last year.
Previously Cypress Semiconductr (NASDAQ:CY) reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. The company posted an earnings surprise of 6.1%.
Cypress Semiconductr (NASDAQ:CY)’s revenue estimates for the current quarter are $557.21 Million according to 15 number of analysts, for the current quarter the company has high revenue estimates of $565.25 Million in contradiction of low revenue estimates of $535 Million. For the current year the company’s revenue estimates are $2.33 Billion compared to low analyst estimates of $2.23 Billion and high estimates of $2.4 Billion according to 17 number of analysts.
Currently Cypress Semiconductr (NASDAQ:CY)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 91.4%. However the six-month change in the insider ownership was recorded -6.34%, as well as three-month change in the institutional ownership was recorded -0.97%.
Cypress Semiconductr (NASDAQ:CY)’s trailing twelve month revenues are $2.48 Billion, whereas its price to sales ratio for the same period is 2.29. Its book value per share for the most recent quarter is $5.21 while its price to book ratio for the same period is 2.99, as for as the company’s cash per share for the most recent quarter is $0.56, however its price to cash per share ratio for the same period is 27.73. The stock has 5 year expected PEG ratio of 1.61 whereas its trailing twelve month P/E ratio is 16.3.