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Cree, Inc is a semiconductors business based in the US. Cree shares (CREE) are listed on the NASDAQ and all prices are listed in US Dollars. Cree employs 5,130 staff and has a trailing 12-month revenue of around USD$903.9 million.
Since the stock market crash in March caused by coronavirus, Cree's share price has had significant positive movement.
Its last market close was USD$73.93, which is 35.90% up on its pre-crash value of USD$47.39 and 166.22% up on the lowest point reached during the March crash when the shares fell as low as USD$27.77.
If you had bought USD$1,000 worth of Cree shares at the start of February 2020, those shares would have been worth USD$696.87 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,562.14.
|Latest market close||USD$73.93|
|52-week range||USD$27.77 - USD$74.9|
|50-day moving average||USD$64.6626|
|200-day moving average||USD$58.3282|
|Wall St. target price||USD$65.92|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-3.622|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-22)||2.81%|
|1 month (2020-09-29)||17.89%|
|3 months (2020-07-29)||5.87%|
|6 months (2020-04-29)||59.85%|
|1 year (2019-10-29)||53.11%|
|2 years (2018-10-29)||102.71%|
|3 years (2017-10-27)||126.50%|
|5 years (2015-10-29)||194.42%|
Valuing Cree stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cree's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cree's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 7.32. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cree's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Cree's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$9.3 million.
The EBITDA is a measure of a Cree's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$903.9 million|
|Gross profit TTM||USD$256.8 million|
|Return on assets TTM||-3.17%|
|Return on equity TTM||-9.23%|
|Market capitalisation||USD$8 billion|
TTM: trailing 12 months
There are currently 13.3 million Cree shares held short by investors – that's known as Cree's "short interest". This figure is 0.2% down from 13.3 million last month.
There are a few different ways that this level of interest in shorting Cree shares can be evaluated.
Cree's "short interest ratio" (SIR) is the quantity of Cree shares currently shorted divided by the average quantity of Cree shares traded daily (recently around 1.1 million). Cree's SIR currently stands at 12.23. In other words for every 100,000 Cree shares traded daily on the market, roughly 12230 shares are currently held short.
However Cree's short interest can also be evaluated against the total number of Cree shares, or, against the total number of tradable Cree shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cree's short interest could be expressed as 0.12% of the outstanding shares (for every 100,000 Cree shares in existence, roughly 120 shares are currently held short) or 0.138% of the tradable shares (for every 100,000 tradable Cree shares, roughly 138 shares are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Cree.
Find out more about how you can short Cree stock.
We're not expecting Cree to pay a dividend over the next 12 months.
Cree's shares were split on a 2:1 basis on 11 December 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Cree shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Cree shares which in turn could have impacted Cree's share price.
Over the last 12 months, Cree's shares have ranged in value from as little as $27.77 up to $74.9. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Cree's is 1.1241. This would suggest that Cree's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Cree, Inc. provides lighting-class light emitting diode (LED) and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, and internationally. It operates in two segments, Wolfspeed and LED Products. The Wolfspeed segment offers silicon carbide (SiC) materials for RF, power switching, gemstones, and other applications. It also provides SiC power device products, including SiC Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for electric vehicles, including charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, this segment offers gallium nitride (GaN) die, high-electron mobility transistors (HEMTs), monolithic microwave integrated circuits (MMICs), and laterally diffused MOSFET (LDMOS) power transistors for telecommunications infrastructure, military, and other commercial applications; and custom die manufacturing services for GaN HEMTs and MMICs. The LED Products segment provides blue and green LED chip products for video screens, gaming displays, function indicator lights and automotive backlights, headlamps, and directional indicators. It also offers XLamp LED components and LED modules for lighting applications; and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications. The company was founded in 1987 and is headquartered in Durham, North Carolina.
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