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.

Investment analysts gave a few price targets for CRUS. The most optimistic price target was 80, implying a possible profit of 24.05 percent. The most pessimistic price target was 55, implying potential capital losses 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

CRUS has an estimated earnings growth rate of 8.04 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. CRUS has a PEG ratio of 2.12.

In the last 52-weeks, CRUS has achieved a high of 71.97 and a low of 41.12. Currently the stock is 56.83 percent higher than its low, and 10.39 percent lower than its 52-week high. CRUS has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.