Cirrus Logic, Inc. ($CRUS) Cautious Buy or Hold to $42 Confident Investor Rating: Fair
|Company name||Cirrus Logic, Inc.|
|Live stock price||[stckqut]CRUS[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Fair|
|Target stock price (TWCA growth scenario)||$41.38|
|Target stock price (averages with growth)||$44.41|
|Target stock price (averages with no growth)||$44.41|
|Target stock price (manual assumptions)||$41.54|
The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/crus
Cirrus Logic, Inc., incorporated on August 26, 1998, is engaged in providing integrated circuits (ICs) for audio and voice signal processing applications. The Company develops analog and mixed-signal ICs for a range of customers. The Company offers two product lines: Portable Audio, and Non-Portable Audio and Other. The Company’s products span the entire audio signal chain, from capture to playback, providing products for a range of smartphones, tablets, digital headsets, wearables and smart home applications. The Company’s primary facility housing engineering, sales and marketing, and administration functions is located in Austin, Texas. The Company offers products through both direct and indirect sales channels across the world.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Cirrus Logic, Inc. as long as the price is correct and the indicators that I describe in my book The Confident Investor are favorable. Most of the fundamentals of this company are good but there are some concerns.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of Cirrus Logic, Inc. calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $38.05
- Growth: 0.12
- Current EPS (TTM): $1.46
- P/E: 26
- Future EPS Calc: $2.57
- Future Stock Price Calc: $66.89
- Target stock price: $41.53
I hope that this makes you a Confident Investor.