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Stock impact report

Assessing Cadence Design Systems (CDNS) Valuation After Recent Flat Returns And Mixed Growth Expectations [Yahoo! Finance]

Cadence Design Systems, Inc. (CDNS) 
Last cadence design systems, inc. earnings: 4/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Cadence Design Systems (CDNS) has been drawing investor attention after a period where the stock was roughly flat over the past month but showed a negative move over the past 3 months. Against that backdrop, the shares most recently closed at US$318.32, with year to date and 1 year total returns close to flat, while the 3 year and 5 year total returns sit at higher levels. See our latest analysis for Cadence Design Systems. At the current share price of US$318.32, Cadence Design Systems reflects a modest 2.55% year to date share price gain alongside a small 1 year total shareholder return decline of 0.67%. The 3 year and 5 year total shareholder returns of 72.04% and 144.13% respectively point to stronger longer term compounding, which suggests momentum has recently faded compared to its earlier run. If this kind of mixed short term momentum has you reassessing your watchlist, it could be a useful moment to see which other chip design and software names sit inside high growth Show less Read more
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