Cadence Design Systems, Inc. Share Price and Company Fundamentals



Price
$121.78
Change
-4.050 (-3.219%)
52 week
68.82 - 149.08

Last traded: Last Wednesday at 8:00 PM

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design products, including Genus logic synthesis and RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, including place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products consisting of pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to verify the correct interaction with dozens of design IP interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. Cadence Design Systems, Inc. was incorporated in 1988 and is headquartered in San Jose, California.

Key Metrics

PE ratio

52.04

PB ratio

13.33

Dividend yield

Beta

1.04

Market cap

$33.89B

Enterprise value

$34.76B

Company profile

Industry / SectorSoftware—Application / Technology
Full time employees8800
Websitehttp://www.cadence.com
Mailing addressBuilding 5 2655 Seely Avenue San Jose CA 95134 United States
Phone / Fax408 943 1234 / 408 428 5001

Dividends

Cadence Design Systems, Inc. does not pay dividends.

Company Executives

As of May 2021, following are the company executives and directors listed on Cadence Design Systems, Inc..

NameTitleAgeTotal Pay
Mr. Lip-Bu TanCEO & Director612.11M
Dr. Anirudh DevganPres501.54M
Mr. John M. WallSr. VP & CFO491.15M
Ms. Alinka FlaminiaSr. VP, Chief Legal Officer & Corp. Sec.58489.59k
Dr. Chin-Chi Teng Ph.D.Sr. VP of R&D54999.9k
Mr. Ariel SellaCo-Founder
Mr. James HaddadCorp. VP of Corp. Fin. & Treasurer
Mr. Alan H. LindstromSr. Group Director of Investor Relations
Mr. Nimish H. ModiSr. VP of Marketing & Bus. Devel.57
Ms. Christina Rooke JonesSr. VP of Global HR

Profitability and management effectiveness

Profit margin

23.34%

Operating margin

25.71%

Return on assets

11.59%

Return on equity

27.82%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Cadence Design Systems, Inc. is 33.89B and its enterprise value is 34.76B. The enterprise value to revenue ratio of CDNS is 12.41.

The CDNS's stocks Beta value is 1.04 making it 4% more volatile compared to NASDAQ market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Cadence Design Systems, Inc. (NASDAQ:CDNS) Frequently Asked Questions

1. What is Cadence Design Systems, Inc.'s Stock Symbol?

Cadence Design Systems, Inc. trades on NASDAQ under the ticker symbol "CDNS".

2. What is Cadence Design Systems, Inc.'s stock price today?

One share of CDNS stock can currently be purchased for approximately $121.78.

3. How can I contact Cadence Design Systems, Inc.?

Cadence Design Systems, Inc.'s mailing address is Building 5 2655 Seely Avenue San Jose CA 95134 United States. The company can be reached via phone at 408 943 1234.

4. What is Cadence Design Systems, Inc.'s official website?

The official website of Cadence Design Systems, Inc. is http://www.cadence.com.