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Cirrus Logic Inc. Message Board

  • mk54321 mk54321 Sep 24, 2013 9:03 PM Flag

    Analysts expect Cirrus to grow by more than 18% annually over the next five years, its free cash flow is growing, and its forward P/E is jus

    Audio-chip maker Cirrus Logic tumbled after reporting disappointing quarterly results and guidance. Bears worry about its reliance on Apple, which accounted for more than three-quarters of revenue in its last fiscal year, though Cirrus has been lining up other customers. They also fear that lower-priced iPhones could hurt Cirrus and think its growth is due to slow. Bulls have seen its problems as short-term, though. Analysts expect
    Cirrus to grow by more than 18% annually over the next five years, its free cash flow is growing, and its forward P/E is just 10, suggesting more room to grow.

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    • lookingtohighergrowth lookingtohighergrowth Sep 25, 2013 12:37 AM Flag

      18% growth annually?? Do you really believe that? If I truly believed CRUS will grow only at 18% annually over the next five years, (EPS) I would sell immediately (and I've held them since the late 1990's). These long term projections are really meaningless. at 18% annually over the next 5 years, we are talking barely over a double in stock price. Sorry, that's not enough for the risk and volatility we take on. I think the 18% is a throw away number. Hopefully, growth is much higher than 18% annually, on average, for the next 5 years.

 
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