Analyst Ratings for Cirrus Logic Inc. (CRUS)

Updated: 2017-07-26

Analysts covering Cirrus Logic Inc. (NASDAQ:CRUS) have given it a consensus rating of Overweight. CRUS had previously received a consensus rating of Overweight a month ago.

8 analysts declared CRUS a buy, 1 gave an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.

Several price targets were given for CRUS by the analysts covering the stock. The most optimistic price target was 80, implying potential capital gains of 24.05 percent. The most pessimistic analyst gave a price target of 55, implying a possible loss of -14.72 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -2.17 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.5 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of CRUS to grow at a rate of 8.04 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CRUS is 2.12.

In the trailing 52-weeks, CRUS hit 71.97 at the highest peak, while it's lowest trading point was 41.12. The current market price is above the trailing year's low by 56.83 percent, and below the high by 10.39 percent. CRUS has a P/E ratio of 17.06. Investors typically compare the P/E ratio to a company's peers in the industry. The CRUS value stock report compares CRUS to some of its peers using value stock charts. The stock has a market capitalization of $4.13 billion. CRUS will post this quarters earnings in days, on 0000-00-00.