|Bid||46.70 x 2200|
|Ask||47.50 x 900|
|Day's Range||45.58 - 47.87|
|52 Week Range||33.72 - 69.21|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 30, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||60.14|
Buy Cree on weakness to the 200-week simple moving average at $35.74 and reduce holdings on strength to the 200-day simple moving average at $54.27. .
Cree Inc (CREE) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. Cree Inc manufactures lighting-class light emitting diode (LED) products, lighting products and bandgap semiconductor products for power and radio-frequency (RF) applications. Continue reading...
Toll Brothers, Cree, Alibaba, Disney, Sony and Helios and Matheson Analytics are the companies to watch.
Shares of Durham-based semiconductor giant Cree plunged nearly 14 percent Wednesday, a day after executives talked about the impact of the trade war with China.
Cree, Inc . (NASDAQ: CREE ) shares tumbled 16% on Wednesday after the chipmaker beat earnings and sales estimates for the fiscal fourth quarter but disappointed Wall Street with a lackluster outlook. Cree ...
Cree's (CREE) robust product portfolio remains a key catalyst. Also, its cost cutting measures and recovery in utilization rates acts as a tailwind.
On a late conference call Tuesday, an analyst asked Cree's CEO what would happen if the trade war were to escalate to the point of total disengagement between Cree and China.
Cree (CREE) delivered earnings and revenue surprises of 10.00% and 1.15%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Chipmaker Cree late Tuesday beat Wall Street's targets for sales and earnings in its fiscal fourth quarter, but disappointed with its outlook. The Cree earnings report sent its stock lower.
Cree Inc. shares dropped in the extended session Tuesday after the LED maker's outlook fell short of Wall Street estimates. Cree shares fell 9% after hours, following a 0.1% decline in the regular session to close at $58.24. Cree expects a fiscal first-quarter loss of 7 cents to 3 cents a share on revenue of $237 million to $243 million, while analysts had forecast earnings of 15 cents a share on revenue of $259.2 million. The company reported a fiscal fourth-quarter loss of $133.7 million, or 33 cents a share, compared with $33.3 million, or 29 cents a share, in the year-ago period. Adjusted earnings were 11 cents a share. Revenue declined to $251.2 million from $265.8 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 10 cents on revenue of $249 million.
Cree, Inc. today announced revenue of $251.2 million for its fourth quarter of fiscal 2019, ended June 30, 2019. This represents a 5% decrease compared to revenue of $265.8 million reported for the fourth quarter of fiscal 2018, and an 8% decrease compared to the third quarter of fiscal 2019.
Cree's (CREE) fourth-quarter fiscal 2019 results are likely to benefit from ongoing momentum in Wolfspeed business amid Huawei blacklisting and other macroeconomic headwinds.
Cree (CREE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
As a Durham-based company shifts its focus to next-generation semiconductors, it’s inked another top-dollar deal that analysts are celebrating.
Cree, Inc. (CREE) and ON Semiconductor Corporation (ON) announced the execution of a multi-year agreement where Cree will produce and supply its Wolfspeed® silicon carbide wafers to ON Semiconductor, a global semiconductor leader serving customers across the spectrum of electronics applications. The agreement, valued at more than $85 million, provides for the supply of Cree’s advanced 150mm silicon carbide (SiC) bare and epitaxial wafers to ON Semiconductor for use in high-growth markets, such as electric vehicle and industrial applications.
As President Donald Trump tweeted about new tariffs Thursday, businesses in North Carolina and beyond were bracing for an expansion of the trade war with China.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
The lawsuit, filed be GE, Current Lighting Solutions and Consumer Lighting, came in April, at a vulnerable time for Cree, which was working to close the sale of its entire lighting division to Ideal Industries in a $310 million deal that has since closed.