CDNS RSI Chart
Last 7 days
3.2%
Last 30 days
-8.4%
Last 90 days
-8.5%
Trailing 12 Months
39.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 4.1B | 0 | 0 | 0 |
2023 | 3.7B | 3.8B | 3.9B | 4.1B |
2022 | 3.2B | 3.3B | 3.4B | 3.6B |
2021 | 2.8B | 2.9B | 3.0B | 3.0B |
2020 | 2.4B | 2.4B | 2.5B | 2.7B |
2019 | 2.2B | 2.3B | 2.3B | 2.3B |
2018 | 2.0B | 2.0B | 2.1B | 2.1B |
2017 | 1.8B | 1.9B | 1.9B | 1.9B |
2016 | 1.7B | 1.8B | 1.8B | 1.8B |
2015 | 1.6B | 1.7B | 1.7B | 1.7B |
2014 | 1.5B | 1.5B | 1.5B | 1.6B |
2013 | 1.4B | 1.4B | 1.4B | 1.5B |
2012 | 1.2B | 1.2B | 1.3B | 1.3B |
2011 | 980.1M | 1.0B | 1.1B | 1.1B |
2010 | 868.3M | 885.4M | 907.2M | 936.0M |
2009 | 0 | 976.6M | 914.6M | 852.6M |
2008 | 0 | 0 | 0 | 1.0B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 02, 2024 | adams mark | acquired | - | - | 868 | - |
May 02, 2024 | brennan ita m | acquired | - | - | 868 | - |
May 02, 2024 | chew lewis | acquired | - | - | 868 | - |
May 02, 2024 | adams mark | gifted | - | - | -1,073 | - |
May 02, 2024 | sohn young | acquired | - | - | 868 | - |
May 02, 2024 | plummer james d | gifted | - | - | -1,073 | - |
May 02, 2024 | plummer james d | acquired | - | - | 868 | - |
May 02, 2024 | liuson julia | acquired | - | - | 868 | - |
May 02, 2024 | krakauer mary l | acquired | - | - | 868 | - |
May 02, 2024 | plummer james d | gifted | - | - | 1,073 | - |
Which funds bought or sold CDNS recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 08, 2024 | Texas Yale Capital Corp. | added | 0.22 | 382,913 | 3,017,550 | 0.13% |
May 08, 2024 | BNP PARIBAS ASSET MANAGEMENT Holding S.A. | added | 19.19 | 79,649,000 | 299,539,000 | 0.80% |
May 08, 2024 | Calamos Advisors LLC | added | 10.45 | 1,952,000 | 9,395,050 | 0.04% |
May 08, 2024 | Heritage Wealth Advisors | sold off | -100 | -6,537 | - | -% |
May 08, 2024 | EVERENCE CAPITAL MANAGEMENT INC | unchanged | - | 504,000 | 4,035,000 | 0.27% |
May 08, 2024 | STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | added | 15.12 | -9,217,350 | 73,042,200 | 0.17% |
May 08, 2024 | Belpointe Asset Management LLC | added | 2.66 | 140,348 | 950,649 | 0.07% |
May 08, 2024 | Entropy Technologies, LP | added | 371 | 1,947,250 | 2,390,940 | 0.26% |
May 08, 2024 | Achmea Investment Management B.V. | reduced | -3.18 | 2,149,000 | 22,324,000 | 0.42% |
May 08, 2024 | ProShare Advisors LLC | added | 19.68 | 26,780,200 | 99,604,300 | 0.26% |
Unveiling Cadence Design Systems Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Cadence Design Systems Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CRM | 266.9B | 34.9B | 64.52 | 7.66 | ||||
UBER | 141.9B | 38.6B | 102.1 | 3.68 | ||||
ADSK | 46.8B | 5.3B | 51.01 | 8.75 | ||||
ANSS | 28.6B | 2.2B | 65.78 | 12.84 | ||||
ZM | 18.4B | 4.5B | 28.84 | 4.06 | ||||
MID-CAP | ||||||||
APPF | 8.9B | 671.8M | 115.75 | 13.18 | ||||
LYFT | 6.9B | 4.7B | -37.56 | 1.48 | ||||
ALRM | 3.4B | 881.7M | 42.76 | 3.9 | ||||
AYX | 3.4B | 970.0M | -19.13 | 3.53 | ||||
AI | 2.9B | 296.4M | -10.78 | 9.89 | ||||
AGYS | 2.2B | 228.1M | 25.39 | 9.72 | ||||
SMALL-CAP | ||||||||
AVID | 1.2B | 413.5M | 92.02 | 2.88 | ||||
APPS | 228.5M | 572.4M | -1.15 | 0.4 | ||||
AEYE | 210.9M | 31.6M | -35.92 | 6.67 | ||||
ASUR | 194.9M | 117.7M | -19.76 | 1.66 |
Cadence Design Systems Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -5.6% | 1,009 | 1,069 | 1,023 | 977 | 1,022 | 900 | 903 | 858 | 902 | 773 | 751 | 728 | 736 | 760 | 667 | 638 | 618 | 600 | 580 | 580 | 577 |
Costs and Expenses | 3.7% | 759 | 732 | 730 | 677 | 699 | 689 | 642 | 575 | 583 | 577 | 557 | 543 | 532 | 575 | 497 | 486 | 479 | 491 | 459 | 447 | 448 |
S&GA Expenses | 0.1% | 181 | 180 | 176 | 167 | 167 | 172 | 153 | 139 | 140 | 148 | 143 | 136 | 133 | 147 | 124 | 120 | 126 | 127 | 121 | 116 | 117 |
R&D Expenses | - | 379 | - | 370 | 354 | 350 | - | 324 | 287 | 291 | - | 289 | 285 | 271 | - | 251 | 251 | 242 | - | - | - | - |
EBITDA Margin | -0.2% | 0.36* | 0.36* | 0.33* | 0.33* | 0.33* | 0.34* | 0.34* | 0.34* | 0.33* | 0.31* | 0.31* | 0.31* | 0.31* | 0.30* | 0.28* | 0.27* | 0.26* | 0.27* | 0.27* | - | - |
Interest Expenses | -3.3% | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 6.00 | 5.00 | 4.00 | 4.00 | 5.00 | 5.00 |
Income Taxes | 63.5% | 62.00 | 38.00 | 46.00 | 77.00 | 80.00 | -29.87 | 66.00 | 86.00 | 75.00 | 17.00 | 12.00 | 27.00 | 15.00 | 12.00 | 4.00 | 19.00 | 6.00 | -554 | 15.00 | 21.00 | 8.00 |
Earnings Before Taxes | -14.4% | 310 | 362 | 300 | 298 | 321 | 211 | 252 | 273 | 310 | 194 | 189 | 183 | 202 | 186 | 166 | 151 | 130 | 105 | 117 | 129 | 128 |
EBT Margin | -0.6% | 0.31* | 0.31* | 0.29* | 0.28* | 0.29* | 0.29* | 0.30* | 0.29* | 0.28* | 0.26* | 0.26* | 0.26* | 0.25* | 0.24* | 0.22* | 0.21* | 0.20* | 0.21* | 0.21* | - | - |
Net Income | -23.5% | 248 | 324 | 254 | 221 | 242 | 240 | 186 | 187 | 235 | 177 | 176 | 156 | 187 | 174 | 162 | 131 | 124 | 660 | 102 | 107 | 121 |
Net Income Margin | 0.9% | 0.26* | 0.25* | 0.24* | 0.23* | 0.23* | 0.24* | 0.23* | 0.24* | 0.24* | 0.23* | 0.23* | 0.23* | 0.23* | 0.22* | 0.43* | 0.42* | 0.42* | 0.42* | 0.19* | - | - |
Free Cashflow | -14.6% | 204 | 238 | 374 | 394 | 241 | 227 | 273 | 300 | 318 | 201 | 277 | 366 | 191 | 104 | 186 | 324 | 196 | 132 | 122 | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.9% | 5,722 | 5,669 | 5,431 | 5,155 | 5,172 | 5,137 | 4,968 | 4,361 | 4,395 | 4,386 | 4,214 | 4,123 | 3,999 | 3,951 | 4,140 | 3,999 | 3,768 | 3,357 | 2,662 | 2,612 | 2,546 |
Current Assets | -2.3% | 1,930 | 1,976 | 1,824 | 1,643 | 1,699 | 1,707 | 1,670 | 1,658 | 1,735 | 1,716 | 1,543 | 1,457 | 1,350 | 1,479 | 1,736 | 1,640 | 1,400 | 1,169 | 1,050 | 979 | 918 |
Cash Equivalents | 0.4% | 1,012 | 1,008 | 962 | 874 | 917 | 882 | 1,026 | 1,030 | 1,135 | 1,089 | 1,014 | 847 | 743 | 928 | 1,307 | 1,189 | 946 | 705 | 655 | 633 | 539 |
Inventory | 2.3% | 186 | 182 | 164 | 140 | 128 | 128 | 114 | 106 | 110 | 116 | 102 | 90.00 | 77.00 | 76.00 | 48.00 | 44.00 | 61.00 | 56.00 | 67.00 | 49.00 | 37.00 |
Net PPE | 7.4% | 433 | 403 | 380 | 370 | 373 | 371 | 348 | 317 | 311 | 306 | 303 | 302 | 305 | 311 | 288 | 283 | 281 | 276 | 259 | 258 | 253 |
Goodwill | 2.6% | 1,575 | 1,536 | 32.00 | 1,429 | 1,378 | 1,374 | 1,348 | 67.00 | 924 | 928 | 926 | 930 | 17.00 | 782 | 781 | 779 | 779 | 662 | 662 | 663 | - |
Current Liabilities | -7.9% | 1,466 | 1,591 | 1,264 | 1,196 | 1,181 | 1,348 | 1,257 | 1,042 | 961 | 971 | 907 | 927 | 792 | 797 | 1,118 | 1,152 | 1,012 | 672 | 619 | 610 | 631 |
Shareholder's Equity | 4.8% | 3,568 | 3,404 | 3,114 | 2,908 | 2,941 | 2,745 | 2,708 | 2,625 | 2,760 | 2,741 | 2,631 | 2,517 | 2,542 | 2,493 | 2,396 | 2,257 | 2,158 | 2,103 | 1,480 | 1,431 | 1,366 |
Retained Earnings | 5.0% | 5,184 | 4,936 | 4,612 | 4,358 | 4,137 | 3,895 | 3,655 | 3,469 | 3,282 | 3,046 | 2,870 | 2,693 | 2,538 | 2,350 | 2,177 | 2,015 | 1,884 | 1,762 | 1,102 | 1,000 | 893 |
Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 730 | 720 | 713 |
Shares Outstanding | -0.8% | 270 | 272 | 269 | 270 | 270 | 273 | 272 | 272 | 272 | 274 | 273 | 274 | 274 | 274 | 274 | 273 | 273 | 273 | 273 | - | - |
Float | - | - | - | - | 63,740 | - | - | - | 40,982 | - | - | - | 38,179 | - | - | - | 26,162 | - | - | - | 19,838 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -6.9% | 253 | 272 | 396 | 414 | 267 | 264 | 317 | 325 | 337 | 216 | 296 | 380 | 208 | 136 | 207 | 345 | 218 | 159 | 139 | 246 | 185 |
Share Based Compensation | 1.7% | 88.00 | 87.00 | 88.00 | 77.00 | 74.00 | 73.00 | 73.00 | 64.00 | 59.00 | 54.00 | 53.00 | 51.00 | 53.00 | 59.00 | 45.00 | 47.00 | 46.00 | 47.00 | 48.00 | 44.00 | 42.00 |
Cashflow From Investing | 19.2% | -79.77 | -98.68 | -183 | -94.07 | -35.67 | -64.18 | -605 | -49.07 | -19.88 | -23.08 | -18.08 | -45.57 | -206 | -30.85 | -22.65 | -22.65 | -216 | -27.08 | -16.96 | -15.68 | -45.99 |
Cashflow From Financing | -15.8% | -159 | -137 | -114 | -354 | -197 | -357 | 313 | -352 | -260 | -115 | -108 | -237 | -182 | -501 | -79.08 | -80.79 | 246 | -86.87 | -88.06 | -134 | -134 |
Buy Backs | 0.0% | 125 | 125 | 125 | 325 | 125 | 300 | 150 | 350 | 250 | 110 | 110 | 220 | 172 | 130 | 75.00 | 75.00 | 100 | 75.00 | 75.00 | 75.00 | 81.00 |
Condensed Consolidated Income Statements - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues [Abstract] | ||
Revenue | $ 1,009,103 | $ 1,021,690 |
Costs and Expenses: | ||
Marketing and sales | 180,589 | 166,666 |
Research and development | 378,958 | 350,295 |
General and administrative | 68,716 | 53,527 |
Amortization of acquired intangibles | 5,407 | 4,267 |
Restructuring | 280 | 0 |
Total costs and expenses | 759,147 | 699,227 |
Income from operations | 249,956 | 322,463 |
Interest expense | (8,692) | (9,260) |
Other income, net | 68,779 | 8,284 |
Income before provision for income taxes | 310,043 | 321,487 |
Provision for income taxes | 62,400 | 79,683 |
Net income | $ 247,643 | $ 241,804 |
Net income per share - basic (usd per share) | $ 0.92 | $ 0.90 |
Net Income per share - diluted (usd per share) | $ 0.91 | $ 0.89 |
Weighted average common shares outstanding - basic (in shares) | 269,606 | 269,501 |
Weighted average common shares outstanding - diluted (in shares) | 273,544 | 273,159 |
Product and maintenance [Member] | ||
Revenues [Abstract] | ||
Revenue | $ 913,385 | $ 963,742 |
Costs and Expenses: | ||
Cost of sales | 75,395 | 100,238 |
Service [Member] | ||
Revenues [Abstract] | ||
Revenue | 95,718 | 57,948 |
Costs and Expenses: | ||
Cost of sales | $ 49,802 | $ 24,234 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 1,012,418 | $ 1,008,152 |
Receivables, net | 389,865 | 489,224 |
Inventories | 185,784 | 181,661 |
Prepaid expenses and other | 341,865 | 297,180 |
Total current assets | 1,929,932 | 1,976,217 |
Property, plant and equipment, net | 433,016 | 403,213 |
Goodwill | 1,575,107 | 1,535,845 |
Acquired intangibles, net | 334,644 | 336,843 |
Deferred taxes | 886,576 | 880,001 |
Other assets | 562,855 | 537,372 |
Total assets | 5,722,130 | 5,669,491 |
Current liabilities: | ||
Current portion of long-term debt | 349,507 | 349,285 |
Accounts payable and accrued liabilities | 456,608 | 576,558 |
Current portion of deferred revenue | 659,628 | 665,024 |
Total current liabilities | 1,465,743 | 1,590,867 |
Long-term liabilities: | ||
Long-term portion of deferred revenue | 87,003 | 98,931 |
Long-term debt | 299,805 | 299,771 |
Other long-term liabilities | 301,983 | 275,651 |
Total long-term liabilities | 688,791 | 674,353 |
Commitments and contingencies | ||
Stockholders’ equity: | ||
Common stock and capital in excess of par value | 3,331,547 | 3,166,964 |
Treasury stock, at cost | (4,840,181) | (4,604,323) |
Retained earnings | 5,184,027 | 4,936,384 |
Accumulated other comprehensive loss | (107,797) | (94,754) |
Total stockholders’ equity | 3,567,596 | 3,404,271 |
Total liabilities and stockholders’ equity | $ 5,722,130 | $ 5,669,491 |
 | Dr. Anirudh Devgan Ph.D. |
---|---|
 | cadence.com |
 | Software - Apps |
 | 10200 |