For the previous quarter, Cypress Semiconductor Corporation reported $0.07 EPS for the quarter which closed on 2015-06-30. Sterne Agee CRT began coverage on shares of Cypress Semiconductor in a research note on Wednesday, September 9th. FBR & Co. reaffirmed an “outperform” rating and issued a $7.00 price target on shares of Lattice Semiconductor in a report on Friday, July 31st. The analyst with the most aggressive viewpoint sees the stock heading towards $21 within the next 12 months while the most bearish sees the shares going to $11 in that same timeframe.
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In taking a look at where analysts believe the stock is headed, the covering brokerages have a one year target price of $15.722 on the shares. Cypress Semiconductor now has a consensus rating of “Buy” and a consensus target price of $16.36. Finally, Zacks cut shares of Lattice Semiconductor from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. They set an overweight rating and a $15.00 price target on the stock.
The price to earnings ratio, or the valuation ratio of a company’s current share price compared to its per-share earnings sits at N/A. This is an important indicator as a higher ratio typically suggests that investors are expecting higher future earnings growth compared to companies in the same industry with lower price to earnings ratios.
Cypress Semi (NASDAQ:CY) traded up 3.39% on 23 October, hitting $9.76.
Cypress Semiconductor Corporation has dropped 16.88% during the last 3-month period. The company exchanged hands with 16.70 million shares as compared to its average daily volume of 7.78 million shares.
Cypress Semiconductor Corporation (CY) is now valued at $3.16 billion. The firm has a 50 day moving average price of $4.12 and a 200-day moving average price of $5.28.
Cypress Semiconductor Corporation, declared a new $450 million stock repurchase program for Cypress’s common stock. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.55%.
Cypress Semiconductor Corporation is a provider of mixed signal programmable alternatives. The Organization operates in four sections: Emerging Technologies Division, Memory Products Division, Data Communications Office and Programmable Systems Division.
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Cypress (NASDAQ: CY) delivers high-performance, high-quality solutions at the heart of today’s most advanced embedded systems, from automotive, industrial and networking platforms to highly interactive consumer and mobile devices. The Company’s offerings include the flagship Programmable System-on-Chip (PSoC) families and derivatives, such as CapSense touch sensing and TrueTouch solutions for touchscreens. The Programmable Solutions Division develops and designs solutions for end-product producers. The Memory Products Division designs and makes SRAM products and non volatile RAMs (NASDAQ:CY). The Info Communications Division focuses on options for handset industrial and consumer programs. The Emerging Technologies Division is made from the Company’s subsidiaries, AgigA Tech, Inc. and Deca Technologies, Inc.
