Cirrus Logic Inc (CRUS, Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2018. Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. It products include analog and mixed-signal components targeting mobile devices, and applications in the automotive, energy, and industrial markets. Cirrus Logic Inc has a market cap of $2.42 billion; its shares were traded at around $38.18 with a P/E ratio of 15.59 and P/S ratio of 1.62. Cirrus Logic Inc had annual average EBITDA growth of 50.10% over the past ten years. GuruFocus rated Cirrus Logic Inc the business predictability rank of 4-star.
For the last quarter Cirrus Logic Inc reported a revenue of $303.2 million, compared with the revenue of $327.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.5 billion, a decrease of 0.4% from the previous year. For the last five years Cirrus Logic Inc had an average revenue growth rate of 17.8% a year.
The reported diluted earnings per share was $2.46 for the year, a decline of 37.2% from the previous year. Over the last five years Cirrus Logic Inc had an EPS growth rate of 13.5% a year. The Cirrus Logic Inc had a decent operating margin of 17.13%, compared with the operating margin of 21.24% a year before. The 10-year historical median operating margin of Cirrus Logic Inc is 16.52%. The profitability rank of the company is 8 (out of 10).
At the end of the fiscal year, Cirrus Logic Inc has the cash and cash equivalents of $235.6 million, compared with $351.2 million in the previous year. The company had no long term debt, compared with $60.0 million in the previous year. Cirrus Logic Inc has a financial strength rank of 9 (out of 10).
At the current stock price of $38.18, Cirrus Logic Inc is traded at 30.7% discount to its historical median P/S valuation band of $55.08. The P/S ratio of the stock is 1.62, while the historical median P/S ratio is 2.35. The intrinsic value of the stock is $26.22 a share, according to GuruFocus DCF Calculator. The stock lost 42.24% during the past 12 months.
Directors and Officers Recent Trades:
- Director William D Sherman sold 264 shares of CRUS stock on 05/02/2018 at the average price of $38.45. The price of the stock has decreased by 0.7% since.
For the complete 20-year historical financial data of CRUS, click here.
