|Bid||41.90 x 800|
|Ask||41.91 x 800|
|Day's Range||41.77 - 42.13|
|52 Week Range||32.77 - 46.00|
|PE Ratio (TTM)||57.40|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Zacks.com highlights: Lam Research, Mellanox Technologies, Logitech International, Amtech Systems, Cadence Design Systems and Citrix Systems
In March, enterprise cloud service operator Nutanix (NTNX) proposed to acquire Botmetric maker Minjar. The terms of the deal remained undisclosed. Minjar offers clients unified cost control and an operational view of their workloads running on public clouds.
Cadence Design Systems (CNDS) outpaced all other components of the S&P 500 on Tuesday, following its first-quarter earnings. Cadence Design rose $4.35, or 9.1%, to $40.09. The S&P 500 lost 35.73 points, ...
Cadence Design Systems (CDNS) delivered outstanding Q1 results on large customer wins, strengthening portfolio and robust adoption.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! EVINE Live Inc (NASDAQ: EVLV ) stock was trading higher ...
Several companies made headlines after the hours Monday as Apple Inc.’s (NASDAQ:AAPL) latest acquisition faces a hurdle, while Cadence Design Systems Inc (NASDAQ:CDNS) and SLM Corp (NASDAQ:SLM) reported on their latest quarters. Apple faced a roadblock this week in its attempt to acquire Shazam. The European Commission announced that it is investigating the company’s acquisition of the music recognition app Shazam, which will delay the deal by at least four months this year. “The Commission is concerned that the merger could reduce choice for users of music streaming services,” Europe’s top antitrust regulator wrote in a statement.
The San Jose, California-based company said it had net income of 26 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 40 cents per share. The results beat Wall ...
Collaboration generated product enhancements, performance of its newly unveiled solutions and order growth are catalysts to Cadence's (CDNS) business in Q1.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting CDNS. Over the last one-month, outflows of investor capital in ETFs holding CDNS totaled $14.52 billion.
Cadence Design Systems Inc (NASDAQ: CDNS ) shares have pulled back 20 percent since late January, prompting a D.A. Davidson analyst to observe that the company's business strength is not reflected in its ...
Seagate Technology, Cadence Design Systems, NVIDIA, Micron and Centene highlighted as Zacks Bull and Bear of the Day
If you are still holding on to shares of Cadence Design (CDNS) in your portfolio, it is time you dump them as chances of favorable returns in the near term appear bleak.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting CDNS. Over the last one-month, outflows of investor capital in ETFs holding CDNS totaled $2.07 billion.
In 4Q17 on a non-GAAP (generally accepted accounting principles) basis, its operating income came in at $150 million, a rise of 20% YoY. Its operating margin in the same period was 29.9%, a rise of 320 basis points. Likewise, in 2017, its operating margin was 27.5% compared to 25.8% in 2016.
Cadence Design Systems (CDNS) continues to enhance its product portfolio by way of new acquisitions. In the last five years, the company has completed eight acquisitions. In the graph above, we can see the company’s acquisition spending trend over the last five years.