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How to buy Cirrus Logic stock in Canada | $85.67
Own Cirrus Logic shares in just a few minutes.
Cirrus Logic (CRUS) is a leading semiconductors business based in the US. It opened the day at $84.69 after a previous close of $84.15. During the day the price has varied from a low of $84.37 to a high of $85.88. The latest price was $85.67 (25 minute delay). Cirrus Logic is listed on the NASDAQ and employs 1,481 staff. All prices are listed in US Dollars.
How to buy Cirrus Logic stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: CRUS in this case.
- Research Cirrus Logic stocks. The platform should provide the latest information available.
- Buy your Cirrus Logic stocks. It's that simple.
What's in this guide?
- Can I buy shares in Cirrus Logic?
- Has coronavirus impacted Cirrus Logic shares?
- Cirrus Logic shares summary
- Compare share dealing platforms
- Is Cirrus Logic stock a buy or sell?
- Cirrus Logic performance over time
- Can I short Cirrus Logic shares?
- Are Cirrus Logic shares over-valued?
- Cirrus Logic's financials
- How volatile are Cirrus Logic shares?
- Does Cirrus Logic pay a dividend?
- Have Cirrus Logic shares ever split?
- Other common questions
How has Coronavirus impacted Cirrus Logic's stock price?
Since the stock market crash in March caused by coronavirus, Cirrus Logic's stock price has had significant positive movement.
Its last market close was $78.07, which is 1.09% up on its pre-crash value of $77.22 and 65.97% up on the lowest point reached during the March crash when the stocks fell as low as $47.04.
If you had bought $1,000 worth of Cirrus Logic stocks at the start of February 2020, those stocks would have been worth $708.00 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 $1,011.79.
Cirrus Logic stock priceUse our graph to track the performance of CRUS stocks over time.
Cirrus Logic stocks at a glance
|52-week range||$55.84 - $103.25|
|50-day moving average||$82.6465|
|200-day moving average||$83.2497|
|Wall St. target price||$100.67|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$3.62|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Cirrus Logic stock?
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.
Cirrus Logic price performance over time
|1 month (2021-07-02)||85.67|
|3 months (2021-05-04)||14.04%|
Is Cirrus Logic under- or over-valued?
Valuing Cirrus Logic stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cirrus Logic's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cirrus Logic's P/E ratio
Cirrus Logic's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, Cirrus Logic stocks trade at around 23x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the stocks or simply that they're under-valued.
Cirrus Logic's PEG ratio
Cirrus Logic's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 8.7726. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cirrus Logic's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
Cirrus Logic's EBITDA
Cirrus Logic's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$284.6 million.
The EBITDA is a measure of a Cirrus Logic's overall financial performance and is widely used to measure a its profitability.
Cirrus Logic financials
|Revenue TTM||USD$1.4 billion|
|Operating margin TTM||17.35%|
|Gross profit TTM||USD$707.3 million|
|Return on assets TTM||8.67%|
|Return on equity TTM||16.6%|
|Market capitalisation||USD$4.7 billion|
TTM: trailing 12 months
How to short and sell Cirrus Logic stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "CRUS.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 914,734 Cirrus Logic stocks held short by investors – that's known as Cirrus Logic's "short interest". This figure is 10.1% up from 830,633 last month.
There are a few different ways that this level of interest in shorting Cirrus Logic stocks can be evaluated.
Cirrus Logic's "short interest ratio" (SIR)
Cirrus Logic's "short interest ratio" (SIR) is the quantity of Cirrus Logic stocks currently shorted divided by the average quantity of Cirrus Logic stocks traded daily (recently around 431478.30188679). Cirrus Logic's SIR currently stands at 2.12. In other words for every 100,000 Cirrus Logic stocks traded daily on the market, roughly 2120 stocks are currently held short.
However Cirrus Logic's short interest can also be evaluated against the total number of Cirrus Logic stocks, or, against the total number of tradable Cirrus Logic stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cirrus Logic's short interest could be expressed as 0.02% of the outstanding stocks (for every 100,000 Cirrus Logic stocks in existence, roughly 20 stocks are currently held short) or 0.016% of the tradable stocks (for every 100,000 tradable Cirrus Logic stocks, roughly 16 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Cirrus Logic.
Find out more about how you can short Cirrus Logic stock.
Cirrus Logic stock dividends
We're not expecting Cirrus Logic to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Have Cirrus Logic stocks ever split?
Cirrus Logic stocks were split on a 2:1 basis on 18 July 1995. 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 Cirrus Logic stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Cirrus Logic stocks which in turn could have impacted Cirrus Logic's stock price.
Cirrus Logic stock price volatility
Over the last 12 months, Cirrus Logic's stocks have ranged in value from as little as $55.84 up to $103.25. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Cirrus Logic's is 0.9195. This would suggest that Cirrus Logic's stocks are less volatile than average (for this exchange).
Cirrus Logic overview
Cirrus Logic, Inc., a fabless semiconductor company, provides low-power, high-precision mixed-signal processing solutions in the United States and internationally. It offers portable products, including codecs-chips that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single IC; smart codecs, a codec with digital signal processer; boosted amplifiers; micro-electromechanical systems microphones; haptic drivers; digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that offer enhanced voice quality, voice capture, and audio playback features. The company's audio products are used in smartphones, tablets, wireless headsets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems. It also offers high-performance mixed-signal products, such as haptic driver and sensing solutions, camera controllers, and power-related components used in various industrial and energy applications comprising digital utility meters, power supplies, energy control, energy measurement, and energy exploration. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.
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