Cirrus Logic, Inc [CRUS] stock is trading at $111.20, up 1.96%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CRUS shares have gain 6.52% over the last week, with a monthly amount glided 10.26%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cirrus Logic, Inc [NASDAQ: CRUS] stock has seen the most recent analyst activity on February 05, 2025, when The Benchmark Company upgraded its rating to a Buy. On October 10, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $120 on the stock. The Benchmark Company downgraded its rating to a Hold. TD Cowen reiterated its recommendation of a Buy and raised its price target to $115 on May 08, 2024. TD Cowen reiterated a Outperform rating for this stock on February 07, 2024, and upped its price target to $100. In a note dated November 01, 2023, Loop Capital upgraded an Buy rating on this stock and boosted its target price from $83 to $100.
Cirrus Logic, Inc [CRUS] stock has fluctuated between $81.30 and $147.46 over the past year. Currently, Wall Street analysts expect the stock to reach $124.75 within the next 12 months. Cirrus Logic, Inc [NASDAQ: CRUS] shares were valued at $111.20 at the most recent close of the market. An investor can expect a potential return of 12.19% based on the average CRUS price forecast.
Analyzing the CRUS fundamentals
Cirrus Logic, Inc [NASDAQ:CRUS] reported sales of 1.84B for the trailing twelve months, which represents a drop of -10.22%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.16 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 109.77 points at the first support level, and at 108.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.98, and for the 2nd resistance point, it is at 112.76.
Ratios To Look Out For
For context, Cirrus Logic, Inc’s Current Ratio is 5.93. As well, the Quick Ratio is 4.62, while the Cash Ratio is 2.5. Considering the valuation of this stock, the price to sales ratio is 3.21, the price to book ratio is 3.01 and price to earnings (TTM) ratio is 20.22.
Transactions by insiders
Recent insider trading involved Baumgartner Jeffrey W, EVP, R&D, that happened on Feb 03 ’25 when 2051.0 shares were sold. Officer, JEFFREY W BAUMGARTNER completed a deal on Feb 03 ’25 to buy 2051.0 shares. Meanwhile, VP, R&D Baumgartner Jeffrey W sold 5542.0 shares on Nov 19 ’24.
