Cadence Design Systems Inc (CDNS, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Cadence Design Systems Inc develops system design enablement solutions that are used to design whole electronics systems, complex integrated circuits, and electronic devices. The firm provides maintenance services for its software, hardware, and others. Cadence Design Systems Inc has a market cap of $20.03 billion; its shares were traded at around $71.39 with a P/E ratio of 20.22 and P/S ratio of 8.56. Cadence Design Systems Inc had annual average EBITDA growth of 14.70% over the past five years. GuruFocus has detected 1 severe warning sign with Cadence Design Systems Inc. .
For the last quarter Cadence Design Systems Inc reported a revenue of $599.6 million, compared with the revenue of $569.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.3 billion, an increase of 9.3% from last year. For the complete 30-year financial data, please go here.. For the last five years Cadence Design Systems Inc had an average revenue growth rate of 8% a year.
The reported diluted earnings per share was $3.53 for the year, an increase of 187% from previous year. Over the last five years Cadence Design Systems Inc had an EPS growth rate of 36.4% a year. The Cadence Design Systems Inc enjoyed an operating margin of 21.42%, compared with the operating margin of 19.05% a year before. The 10-year historical median operating margin of Cadence Design Systems Inc is 15.86%. The profitability rank of the company is 9 (out of 10).
At the end of the fiscal year, Cadence Design Systems Inc has the cash and cash equivalents of $705.2 million, compared with $533.3 million in the previous year. The long term debt was $346.0 million, compared with $345.3 million in the previous year. The interest coverage to the debt is at a comfortable level of 26.6. Cadence Design Systems Inc has a financial strength rank of 8 (out of 10).
At the current stock price of $71.39, Cadence Design Systems Inc is traded at 150.6% premium to its historical median P/S valuation band of $28.49. The P/S ratio of the stock is 8.56, while the historical median P/S ratio is 3.42. The stock gained 26.20% during the past 12 months.
Directors and Officers Recent Trades:
- Director Mark Adams sold 3,250 shares of CDNS stock on 02/19/2020 at the average price of $80. The price of the stock has decreased by 10.76% since.
- Sr. VP, General Counsel James J Cowie sold 60,000 shares of CDNS stock on 02/18/2020 at the average price of $78.54. The price of the stock has decreased by 9.1% since.
- Sr. VP, General Counsel James J Cowie sold 1,242 shares of CDNS stock on 02/12/2020 at the average price of $76.31. The price of the stock has decreased by 6.45% since.
For the complete 20-year historical financial data of CDNS, click here.
