Equities research analysts expect that Cypress Semiconductor Co. (NASDAQ:CY) will post earnings of $0.25 per share for the current quarter, according to Zacks. Five analysts have issued estimates for Cypress Semiconductor’s earnings. Cypress Semiconductor posted earnings of $0.15 per share during the same quarter last year, which would indicate a positive year over year growth rate of 66.7%. The firm is scheduled to report its next earnings results on Thursday, February 1st.

On average, analysts expect that Cypress Semiconductor will report full-year earnings of $0.85 per share for the current fiscal year, with EPS estimates ranging from $0.84 to $0.88. For the next year, analysts expect that the company will report earnings of $1.18 per share, with EPS estimates ranging from $1.13 to $1.25. Zacks’ EPS averages are an average based on a survey of sell-side research firms that follow Cypress Semiconductor.

Cypress Semiconductor (NASDAQ:CY) last posted its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.04. The business had revenue of $604.57 million for the quarter, compared to analysts’ expectations of $602.16 million. Cypress Semiconductor had a positive return on equity of 9.01% and a negative net margin of 5.75%. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.15 earnings per share.

A number of brokerages have issued reports on CY. BidaskClub upgraded Cypress Semiconductor from a “hold” rating to a “buy” rating in a report on Saturday, September 30th. Mizuho restated a “buy” rating and set a $20.00 target price (up previously from $18.00) on shares of Cypress Semiconductor in a report on Friday. SunTrust Banks restated a “buy” rating and set a $19.00 target price on shares of Cypress Semiconductor in a report on Thursday, October 12th. Susquehanna Bancshares began coverage on Cypress Semiconductor in a report on Wednesday, December 13th. They set a “positive” rating and a $20.00 target price on the stock. Finally, Piper Jaffray Companies began coverage on Cypress Semiconductor in a report on Monday, December 18th. They set an “overweight” rating and a $20.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Cypress Semiconductor presently has an average rating of “Buy” and an average target price of $18.25.

Cypress Semiconductor (NASDAQ CY) traded up $0.20 during trading on Friday, reaching $17.07. The company had a trading volume of 4,648,600 shares, compared to its average volume of 6,060,000. The company has a market capitalization of $5,700.00, a PE ratio of -42.68, a price-to-earnings-growth ratio of 1.96 and a beta of 2.01. Cypress Semiconductor has a fifty-two week low of $10.99 and a fifty-two week high of $17.42. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.92 and a current ratio of 1.35.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 18th. Stockholders of record on Thursday, December 28th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date of this dividend is Wednesday, December 27th. Cypress Semiconductor’s dividend payout ratio is currently -110.00%.

In other news, SVP Sudhir Gopalswamy sold 3,000 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $15.51, for a total transaction of $46,530.00. Following the sale, the senior vice president now owns 68,445 shares of the company’s stock, valued at $1,061,581.95. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Trent Thad sold 74,818 shares of the firm’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $15.77, for a total value of $1,179,879.86. Following the sale, the executive vice president now directly owns 172,105 shares in the company, valued at approximately $2,714,095.85. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 103,604 shares of company stock worth $1,666,027. 0.69% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CY. Parametric Portfolio Associates LLC raised its position in Cypress Semiconductor by 9.7% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 857,594 shares of the semiconductor company’s stock valued at $12,881,000 after buying an additional 76,021 shares during the last quarter. Optimum Investment Advisors acquired a new position in shares of Cypress Semiconductor during the 3rd quarter worth approximately $942,000. Neuberger Berman Group LLC increased its position in shares of Cypress Semiconductor by 33.2% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,478,865 shares of the semiconductor company’s stock worth $37,233,000 after purchasing an additional 618,013 shares during the last quarter. PVG Asset Management Corp acquired a new position in shares of Cypress Semiconductor during the 3rd quarter worth approximately $2,513,000. Finally, Janney Montgomery Scott LLC increased its position in shares of Cypress Semiconductor by 54.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 50,179 shares of the semiconductor company’s stock worth $754,000 after purchasing an additional 17,589 shares during the last quarter. 97.38% of the stock is currently owned by institutional investors.

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Cypress Semiconductor Company Profile

Cypress Semiconductor Corporation manufactures embedded system solutions for automotive, industrial, home automation and appliances, consumer electronics and medical products. The Company’s segments include Microcontroller and Connectivity Division (MCD), and Memory Products Division (MPD). MCD focuses on microcontroller (MCU), analog and wireless and wired connectivity solutions.

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