|Bid||87.60 x 1100|
|Ask||89.49 x 900|
|Day's Range||87.15 - 89.17|
|52 Week Range||67.03 - 95.84|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||14.91|
|Earnings Date||Oct 31, 2022 - Nov 04, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||100.78|
Shares of Cirrus Logic (NASDAQ: CRUS) have shot up an impressive 25% in the past month amid the broader rally in technology stocks, and this rally isn't surprising considering the terrific fiscal 2023 first-quarter results (for the three months ended June 25, 2022) that were released on Aug. 2. The company, which counts Apple (NASDAQ: AAPL) as its largest customer with 79% of the total revenue last quarter, crushed Wall Street's expectations. Let's see what's working for Cirrus Logic and check why this tech stock remains an attractive bet despite rallying over the past month.
GlobalFoundries, ASE Technology, Lattice Semiconductor and Cirrus Logic are part of Zacks Industry Outlook article.
IFNNY vs. CRUS: Which Stock Is the Better Value Option?