Cadence design systems inc

Computer-Software:-Prepackaged-Software

CDNS


2655 Seely Avenue
San Jose , CA 95134

News

  • Cadence Design Systems jumped 10.5% to $279.24 after the chip design software company reported better-than-expected quarterly results. 

    Revenue in the third quarter increased to $1.21 billion from $1.02 billion, net income decreased to $238.1 million from $254.3 million, and diluted earnings per share fell to 87 cents from 94 cents a year ago. 

    The company reiterated its full-year 2024 revenue to range between $4.61 billion and $4.65 billion and diluted net income per share between $3.70 and $3.76. 

    Oct 29, 2024

  • Cadence Design Systems increased 1% to $289.12, and the advanced chip design software trimmed its current quarter earnings outlook to between $1.39 and $1.49 per share. 

    Revenue in the second quarter increased to $1.06 billion from $977 million, net income rose to $229.5 million from $221.2 million, and diluted earnings per share advanced to 84 cents from 81 cents a year ago. 

    Jul 23, 2024

Executive/
Director

Price

  • Last Close
  • $ 309.86
    $ +44.23 16.65 %
    Dec 9, 2024
  • 52-Week High/Low
  • $327.1 - $228.58
  • YTD
  • 13.8%

  • Trading Volume
  • 57,783
  • Market Cap Full
  • $ 84.3B
  • Shares Outstanding
  • 272.1M
    Sep 30, 2023
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Q1 -2.8% 13.3% 24.5% -12.1% 46.1% -5% -1.3% -11.9% 30.8% 14.3%
Q2 6.6% 3.1% 6.7% 20.8% 8.6% 4% 2% -8.8% 11.6% -1.9%
Q3 5.2% 5.1% 17.9% 3.5% -9.4% 8% 10.7% 8.9% -0.1% -
Q4 0.6% -1.2% 5.3% -3.5% 5.5% 26% 23.2% -1.7% 15.2% -
J F M A M J J A S O N D
2024 5.9% 5.5% 2.3% -1.6% - - - - - - - -
2023 13.8% 5.5% 8.9% -0.3% 10.3% 1.6% -0.2% 2.8% -2.6% 2.4% 13.9% -0.3%
    2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
    35%10%21%66%4%60%95%37%-14%70%14%

Earnings

2015 2016 2017 2018 2019 2020 2021 2022 2023
Q1 0.18 0.20 0.25 0.26 0.43 0.44 0.67 0.85 0.89
Q2 0.22 0.17 0.25 0.27 0.38 0.47 0.56 0.68 0.81
Q3 0.22 0.23 0.29 0.35 0.36 0.58 0.63 0.68 0.93
Q4 0.25 0.14 0.29 0.35 2.36 0.62 0.64 0.88 -
A 0.9 0.7 1.1 1.2 3.5 2.1 2.5 3.1 2.63

Annual Returns

52 Week
High/Low

Annual
Earnings

Chart

Trading Volume

2018 2019 2020 2021 2022 2023
Mar 281.9 281 279.2 279 277.3 272.7
Jun 282.8 280.2 278.8 278.3 275.8 271.8
Sep 282.1 280.6 278.9 276.8 273.9 272.1
Dec - - - 277.1 274.3 -

Financial Ratios

20222021202020192018
Asset Management
Inventory / Stock Turnover 2.9 2.7 4 4.8 9.3
Fixed Asset Turnover 4.2 4 3.6 3.8 3.4
Total Asset Turnover 0.7 0.7 0.7 0.7 0.9
Leverage
Debt Ratio 0.4 0.2 0.2 0.3 0.4
Debt – Equity Ratio 0.2 0.1 0.1 0.2 0.3
Interest Coverage 4.8 9.4 11.8 -1 7.9
Equity multiplier 0.3 0.3 0.3 0.3 0.5