Headlines about Cypress Semiconductor Corporation (NASDAQ:CY) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Cypress Semiconductor Corporation earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 45.9312608127537 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news articles that may have effected Accern’s analysis:
- Cypress Semiconductor Corporation (CY) has a value of $16.92 per share While Motorola Solutions, Inc. (MSI) is stand … – Stocks Gallery (stocksgallery.com)
- Cypress Semiconductor Corporation (NASDAQ: CY) – Hot Stock’s Trend Recap – Alpha Beta Stock (alphabetastock.com)
- Head to Head Comparison: Cypress Semiconductor Corporation (CY) & United Microelectronics Corporation (UMC) (americanbankingnews.com)
- Insider Selling: Cypress Semiconductor Corporation (CY) SVP Sells 8,269 Shares of Stock (americanbankingnews.com)
- Manage Your Risk Before Making Any Investment Decision – Cypress Semiconductor Corporation, (NASDAQ: CY) – Stock Watch (stocksnewstimes.com)
A number of equities research analysts recently commented on the company. BidaskClub upgraded Cypress Semiconductor Corporation from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. Loop Capital restated a “buy” rating and set a $17.00 price objective on shares of Cypress Semiconductor Corporation in a research report on Tuesday, August 22nd. Needham & Company LLC upped their price objective on Cypress Semiconductor Corporation from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, July 28th. KeyCorp set a $17.00 price objective on Cypress Semiconductor Corporation and gave the company a “buy” rating in a research report on Wednesday, July 26th. Finally, TheStreet upgraded Cypress Semiconductor Corporation from a “c” rating to a “b-” rating in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $17.67.
Shares of Cypress Semiconductor Corporation (NASDAQ:CY) opened at $16.78 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 1.35 and a debt-to-equity ratio of 0.60. Cypress Semiconductor Corporation has a fifty-two week low of $10.51 and a fifty-two week high of $17.15. The firm has a market capitalization of $5,645.61, a P/E ratio of 35.25, a PEG ratio of 3.05 and a beta of 2.02.
Cypress Semiconductor Corporation (NASDAQ:CY) last issued its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.04. Cypress Semiconductor Corporation had a positive return on equity of 9.01% and a negative net margin of 5.75%. The firm had revenue of $604.57 million for the quarter, compared to the consensus estimate of $602.16 million. During the same period in the prior year, the business posted $0.15 earnings per share. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. research analysts anticipate that Cypress Semiconductor Corporation will post 0.56 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 18th. Stockholders of record on Thursday, December 28th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Wednesday, December 27th. This represents a $0.44 annualized dividend and a dividend yield of 2.62%. Cypress Semiconductor Corporation’s payout ratio is -110.00%.
In related news, SVP Sam Geha sold 8,269 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $16.70, for a total value of $138,092.30. Following the transaction, the senior vice president now owns 63,000 shares of the company’s stock, valued at $1,052,100. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Camillo Martino acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was purchased at an average cost of $12.92 per share, for a total transaction of $129,200.00. Following the purchase, the director now owns 20,000 shares of the company’s stock, valued at $258,400. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 60,000 shares of company stock worth $834,100. Company insiders own 0.69% of the company’s stock.
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Cypress Semiconductor Corporation Company Profile
Cypress Semiconductor Corporation manufactures embedded system solutions for automotive, industrial, home automation and appliances, consumer electronics and medical products. The Company’s segments include Microcontroller and Connectivity Division (MCD), and Memory Products Division (MPD). MCD focuses on microcontroller (MCU), analog and wireless and wired connectivity solutions.
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