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Cadence Design Systems, Inc. (CDNS)

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247.52 -3.33 (-1.33%)
At close: September 6 at 4:00 PM EDT
246.76 -0.76 (-0.31%)
After hours: September 6 at 7:53 PM EDT
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DELL
  • Previous Close 250.85
  • Open 251.84
  • Bid 247.49 x 100
  • Ask 247.71 x 100
  • Day's Range 245.45 - 254.45
  • 52 Week Range 227.05 - 328.99
  • Volume 1,729,281
  • Avg. Volume 2,042,074
  • Market Cap (intraday) 67.776B
  • Beta (5Y Monthly) 1.02
  • PE Ratio (TTM) 64.12
  • EPS (TTM) 3.86
  • Earnings Date Oct 21, 2024 - Oct 25, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 325.12

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

www.cadence.com

11,200

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: CDNS

Trailing total returns as of 9/6/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

CDNS
9.12%
S&P 500
13.39%

1-Year Return

CDNS
0.82%
S&P 500
20.27%

3-Year Return

CDNS
49.37%
S&P 500
19.25%

5-Year Return

CDNS
250.55%
S&P 500
81.73%

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Statistics: CDNS

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Valuation Measures

Annual
As of 9/6/2024
  • Market Cap

    67.79B

  • Enterprise Value

    68.08B

  • Trailing P/E

    64.14

  • Forward P/E

    35.84

  • PEG Ratio (5yr expected)

    2.02

  • Price/Sales (ttm)

    16.24

  • Price/Book (mrq)

    15.91

  • Enterprise Value/Revenue

    16.36

  • Enterprise Value/EBITDA

    45.63

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    25.36%

  • Return on Assets (ttm)

    12.15%

  • Return on Equity (ttm)

    29.44%

  • Revenue (ttm)

    4.16B

  • Net Income Avi to Common (ttm)

    1.06B

  • Diluted EPS (ttm)

    3.86

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.23B

  • Total Debt/Equity (mrq)

    31.65%

  • Levered Free Cash Flow (ttm)

    895.76M

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