Cadence Design Systems Inc (NASDAQ: CDNS) has reported E.P.S. of $1.25 for its fourth fiscal quarter (ending December 31) versus $1.20 for the same period a year ago — an increase of 4%. For the latest four quarters through December 31, E.P.S. were $3.89 compared to $3.86 a year ago — an increase of 1%.
Recent Price Action
On 2/18/25, Cadence Design Systems Inc (NASDAQ: CDNS) stock increased 1.8%, closing at $300.43. Moreover, this advance was accompanied by unusually high trading volume at 184% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Cadence Design Systems has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Cadence Design Systems has a poor Appreciation Score of 20 but a slightly positive Power Rating of 60, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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