Ratings Cadence Design Systems, Inc.

Equities

CDNS

US1273871087

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-17 pm EDT			5-day change	1st Jan Change
288.8 ^USD	-0.04%		+0.46%	+6.04%

May. 17	Cadence Design Systems Insider Sold Shares Worth $430,705, According to a Recent SEC Filing	MT
May. 16	Transcript : Cadence Design Systems, Inc. Presents at Needham 19th Annual Technology, Media & Consumer Conference, May-16-2024 12:45 PM

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's activity appears highly profitable thanks to its outperforming net margins.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Analysts covering this company mostly recommend stock overweighting or purchase.
Over the past four months, analysts' average price target has been revised upwards significantly.
Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 70.2 times its estimated earnings per share for the ongoing year.
Based on current prices, the company has particularly high valuation levels.
The company appears highly valued given the size of its balance sheet.
The valuation of the company is particularly high given the cash flows generated by its activity.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Software

	1st Jan change	Capi.	ESG Refinitiv
CADENCE DESIGN SYSTEMS, INC.	+6.04%	78.6B	B+
MICROSOFT CORPORATION	+11.75%	3,123B	C+
SYNOPSYS INC.	+10.06%	86.45B	B
DASSAULT SYSTÈMES SE	-14.66%	53.98B	B+
PALANTIR TECHNOLOGIES INC.	+26.73%	48.46B	D+
ATLASSIAN CORPORATION	-24.44%	46.78B	B-
THE TRADE DESK, INC.	+31.74%	46.36B	D+
SEA LIMITED	+82.12%	42.36B	D+
TAKE-TWO INTERACTIVE SOFTWARE, INC.	-8.15%	25.22B	C+
SAMSARA INC.	+22.53%	22.52B	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes