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.

CRUS was given price targets by several analysts. 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 potential capital losses of -14.72 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -2.17 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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 made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of CRUS to grow at a rate of 8.04 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. CRUS has a PEG ratio of 2.12.

In the trailing 52-weeks, CRUS hit 71.97 at the highest peak, while it's lowest trading point was 41.12. Currently the stock is 56.83 percent higher than its low, and 10.39 percent below the high. 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 market cap of CRUS is $4.13 billion. CRUS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.