A number of equities research analysts have recently issued reports on CY shares. On Wednesday, August 2 the stock rating was maintained by Oppenheimer with "Buy". The stock is above its 52-week low with 48.96% and is in the wake of its 52-week high with 0.38%.
Since October 16, 2017, it had 0 insider buys, and 6 insider sales for $2.46 million activity. (NYSE:GPN). Sandhill Prtnrs Ltd Liability reported 237,266 shares. According to the Analysts, the Low Earnings estimate for the current quarter is $0.23, while the High earnings estimate is $0.24.Comparatively, EPS for the same quarter a year ago was $0.17. For the next fiscal year, analysts expect that the company will report sales of $2.59 billion per share, with estimates ranging from $2.47 billion to $2.63 billion. Cypress Semiconductor Corporation (NASDAQ:CY) has risen 39.45% since March 12, 2017 and is uptrending.
Analysts are also projecting an Average Revenue Estimate for The AES Corporation as $3.44 Million in the Current Quarter. Essex Invest Co Ltd Liability Com holds 0.72% or 353,321 shares. The firm's revenue was up 12.7% on a year-over-year basis. BMO Capital Markets maintained it with "Outperform" rating and $25 target in Monday, July 31 report. They issued a "positive" rating and a $20.00 price target for the company. Mizuho reaffirmed a "buy" rating and set a $20.00 price target (up from $18.00) on shares of Cypress Semiconductor in a report on Friday, January 12th. Loop Capital reissued a "buy" rating and issued a $20.00 price objective on shares of Cypress Semiconductor in a research note on Monday, November 20th. (Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). The average 12-month target price among analysts that have issued a report on the stock in the previous year is $19.05.
Cypress Semiconductor Corporation (NASDAQ:CY) market capitalization at present is $6.51B at the rate of $18.62 a share. The company has market cap of $66.83 billion. The company has a current ratio of 1.22, a quick ratio of 0.82 and a debt-to-equity ratio of 0.53.
Based on a recent bid, the stock is trading -4.91% away from its 52-week high and 43.32% away from its 52 week low. Stockholders of record on Thursday, March 29th will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 2.50%. The firm earned "Buy" rating on Wednesday, August 26 by Sterne Agee CRT. RBC Capital Markets maintained Chubb Limited (NYSE:CB) rating on Monday, August 28. Citadel Advsrs Ltd Liability Corp has invested 0.08% in Cypress Semiconductor Corporation (NASDAQ:CY). San Francisco Sentry Investment Group CA lifted its position in shares of Cypress Semiconductor by 1,061.4% in the 3rd quarter. While talking about Performance of the Stock, ON Semiconductor Corp. now has a Weekly performance of 2.16%, monthly performance percentage is 23.03 percent, Quarterly performance is 33.99 percent, 6 months performance shows a percent value of 51.99% and Yearly Performance is 69.95 percent. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. A higher P/S ratio means that the market is willing to pay for each dollar of annual sales and a better benchmark is to compare with industry average. The stock has "Hold" rating by SunTrust on Friday, December 1. The disclosure for this sale can be found here.
Among 18 analysts covering Paycom Software (NYSE:PAYC), 13 have Buy rating, 0 Sell and 5 Hold. Hedge funds and other institutional investors own 85.80% of the company's stock.
A number of large investors have recently added to or reduced their stakes in CY. TCW Group Inc. now owns 13,463,003 shares of the semiconductor company's stock valued at $202,214,000 after buying an additional 1,628,930 shares in the last quarter. Huntington Bancshares stated it has 0% in Cypress Semiconductor Corporation (NASDAQ:CY). The institutional investor held 72,172 shares of the restaurants company at the end of 2017Q3, valued at $725,000, down from 115,250 at the end of the previous reported quarter. Villere ST Denis J & Co. Contravisory Investment Management Inc. purchased a new position in shares of Cypress Semiconductor in the fourth quarter valued at $145,000.
Three Peaks Capital Management Llc increased Norwegian Cruise Line Hldgs (NASDAQ:NCLH) stake by 30,039 shares to 139,126 valued at $7.52 million in 2017Q3. LP acquired a new stake in shares of Cypress Semiconductor during the third quarter valued at $53,009,000.
ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. "(CY)" was reported by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this news story on another publication, it was stolen and reposted in violation of worldwide trademark and copyright legislation. Mutual Of America Mgmt Llc has invested 0.12% in Cypress Semiconductor Corporation (NASDAQ:CY). The Company's segments include Microcontroller and Connectivity Division (MCD), and Memory Products Division (MPD). The Microcontroller and Connectivity Division provides microcontroller, analog, and wireless and wired connectivity solutions, including Traveo automotive MCUs; programmable system-on-chip MCUs; ARM Cortex-M4, -M3, and -M0+ MCUs; R4 CPUs; analog power management integrated circuits and energy harvesting solutions; CapSense capacitive-sensing controllers; TrueTouch touchscreen and fingerprint reader products; USB controllers comprising solutions for the USB-C and USB power delivery standards; and Wi-Fi, Bluetooth, Bluetooth low energy and ZigBee radios, and WICED development platforms for the Internet of things (IoT).
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