Cadence Stock Analysis

CDNS
 Stock
  

USD 168.24  3.09  1.80%   

The latest indifference towards the small price fluctuations of Cadence Design Sys could raise concerns from retail investors as the firm is trading at a share price of 168.24 on 504,030 in volume. The company directors and management did not add any value to Cadence Design investors in September. However, most investors can still diversify their portfolios with Cadence Design Sys to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.88. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The Cadence Design stock analysis report makes it easy to digest most publicly released information about Cadence Design and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Cadence Stock analysis module also helps to analyze the Cadence Design price relationship with some important fundamental indicators such as market cap and management efficiency.

Cadence Stock Analysis Notes

About 89.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.54. Cadence Design Sys had not issued any dividends in recent years. The entity had 2:1 split on the 17th of November 1997. Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit design blocks worldwide. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California. Cadence Design operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 9300 people. For more info on Cadence Design Sys please contact LipBu Tan at 408 943 1234 or go to https://www.cadence.com.

Cadence Design Sys Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cadence Design's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cadence Design Sys or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 89.0% of the company shares are held by institutions such as insurance companies
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Cadence Design Sys Upcoming and Recent Events

Earnings reports are used by Cadence Design to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cadence Design previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report22nd of February 2022
Next Financial Report25th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Cadence Design SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Cadence Design prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Cadence Design investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Cadence Design Sys specific information freely available to individual and institutional investors to make a timely investment decision.
8th of September 2022
Financial Statements and Exhibits. Amendments to Articles of Incorporation or Bylaws; and/or Change in Fiscal Year. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
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1st of September 2022
Financial Statements and Exhibits. Other Events
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15th of August 2022
Other Events
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25th of July 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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21st of June 2022
Financial Statements and Exhibits. Other Events
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6th of May 2022
Other Events. Submission of Matters to a Vote of Security Holders
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25th of April 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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22nd of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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Cadence Design Thematic Classifications

In addition to having Cadence Design stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Software
Software, software systems, and software services
Technology
Research or development of technologically based good
SRI Sustainable Growth
Large and mid-sized companies that operate under the guidelines of socially responsible investing - SRI

Cadence Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cadence Design is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cadence Design Sys backward and forwards among themselves. Cadence Design's institutional investor refers to the entity that pools money to purchase Cadence Design's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blackrock IncCommon Shares32.8 M4.9 B
Vanguard Group IncCommon Shares31.9 M4.8 B
Massachusetts Financial Services CoCommon Shares18.9 M2.8 B
State Street CorpCommon Shares11.2 M1.7 B
Fmr LlcCommon Shares10.3 M1.6 B
Geode Capital Management LlcCommon Shares5.9 M886.8 M
Alkeon Capital Management LlcCommon Shares3.6 M535.7 M
Note, although Cadence Design's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cadence Market Capitalization

The company currently falls under 'Large-Cap' category with current market capitalization of 47.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cadence Design's market, we take the total number of its shares issued and multiply it by Cadence Design's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Cadence Profitablity

Cadence Design's profitability indicators refer to fundamental financial ratios that showcase Cadence Design's ability to generate income relative to its revenue or operating costs. If, let's say, Cadence Design is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cadence Design's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cadence Design's profitability requires more research than a typical breakdown of Cadence Design's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 23.61 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 34.54 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.35.

Management Efficiency

The entity has return on total asset (ROA) of 14.67 % which means that it generated profit of $14.67 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 30.15 %, meaning that it created $30.15 on every $100 dollars invested by stockholders. Cadence Design management efficiency ratios could be used to measure how well cadence design sys manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 5th of October, Cadence Design shows the risk adjusted performance of 0.0883, and Mean Deviation of 1.29. Cadence Design Sys technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Cadence Design Sys, which can be compared to its rivals. Please confirm Cadence Design Sys standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Cadence Design Sys is priced correctly, providing market reflects its regular price of 168.24 per share. Given that Cadence Design has jensen alpha of 0.2259, we suggest you to validate Cadence Design Sys's prevailing market performance to make sure the company can sustain itself at a future point.

Cadence Design Sys Price Movement Analysis

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Cadence Design Sys Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cadence Design insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cadence Design's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cadence Design insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Cadence Design Predictive Daily Indicators

Cadence Design intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cadence Design stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Cadence Design Forecast Models

Cadence Design time-series forecasting models is one of many Cadence Design's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cadence Design's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Cadence Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cadence Design prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cadence shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Cadence Design. By using and applying Cadence Stock analysis, traders can create a robust methodology for identifying Cadence entry and exit points for their positions.
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit design blocks worldwide. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California. Cadence Design operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 9300 people.

Current Cadence Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cadence analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cadence analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
177.45Buy11Odds
Cadence Design Sys current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cadence analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cadence stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cadence Design Sys, talking to its executives and customers, or listening to Cadence conference calls.
Cadence Analyst Advice Details

Cadence Stock Analysis Indicators

Cadence Design Sys stock analysis indicators help investors evaluate how Cadence Design stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cadence Design shares will generate the highest return on investment. By understating and applying Cadence Design stock analysis, traders can identify Cadence Design position entry and exit signals to maximize returns.
Quick Ratio1.39
Fifty Two Week Low132.32
Revenue Growth17.70%
Average Daily Volume Last 10 Day1.76M
Shares Short Prior Month3.18M
Average Daily Volume In Three Month1.64M
Earnings Growth21.40%
Shares Percent Shares Out1.36%
Earnings Quarterly Growth19.90%
Gross Margins89.74%
Forward Price Earnings37.33
Short Percent Of Float1.80%
Float Shares270.36M
Fifty Two Week High194.97
Fifty Day Average176.08
Enterprise Value To Ebitda44.34
Two Hundred Day Average160.44
Enterprise Value To Revenue15.31
Continue to Trending Equities. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Cadence Design Sys price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.
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Is Cadence Design's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cadence Design. If investors know Cadence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cadence Design listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cadence Design Sys is measured differently than its book value, which is the value of Cadence that is recorded on the company's balance sheet. Investors also form their own opinion of Cadence Design's value that differs from its market value or its book value, called intrinsic value, which is Cadence Design's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cadence Design's market value can be influenced by many factors that don't directly affect Cadence Design's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cadence Design's value and its price as these two are different measures arrived at by different means. Investors typically determine Cadence Design value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadence Design's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.