Cadence Design Systems Stock Price and Value Analysis

Should you buy Cadence Design Systems stock? (NasdaqGS:CDNS). Let's see how it does in our automated value investing analysis system.

  • This company is making money at a modest rate.
  • This company is less known than others.
  • This company has wild ups and downs.
  • This stock looks overpriced.
  • This company pays no dividend.

Inside the CDNS Numbers

CDNS Price
(Cadence Design Systems stock price per share)
[?] CDNS Fair Price
(based on intrinsic value)
[?] CDNS Safety Price (based on a variable margin of safety) $10.06
[?] PE Ratio versus Sector 321% higher than other Technology stocks
[?] PE Ratio versus Industry 215% higher than other Unknown stocks
[?] Cash Yield 0.92%
[?] Free Cash Flow Jitter 86%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 3,180,214 shares shorted. With 270,983,061 shares available for purchase and an average trading volume over the past 10 trading days of 1,468,290, it would take at least 2.166 days for all of the short holders to cover their shorts.

Is Cadence Design Systems Stock on Sale?

We believe that Cadence Design Systems may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Cadence Design Systems looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy CDNS Stock?

Does Cadence Design Systems have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.