Cadence Design Systems, Inc. Share Price and Company Fundamentals



Price
$186.35
Change
0.010 (0.005%)
52 week
132.32 - 192.7

Last traded: Today 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 and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. 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 comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

Key Metrics

PE ratio

66.55

PB ratio

19.44

Dividend yield

0.00%

Beta

1.15

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSoftware—Application / Technology
Full time employees9300
Websitehttps://www.cadence.com
Mailing addressBuilding 5 2655 Seely Avenue San Jose CA 95134 United States
Phone / Fax408 943 1234 / 408 428 5001

Dividends

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Cadence Design Systems, Inc. paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CDNS dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CDNS's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2022, following are the company executives and directors listed on Cadence Design Systems, Inc..

NameTitleAgeTotal Pay
Mr. Lip-Bu TanExec. Chair of the Board622.17M
Dr. Anirudh Devgan Ph.D.CEO, Pres & Director511.74M
Mr. John M. WallSr. VP & CFO501.3M
Mr. Thomas P. BeckleySr. VP and GM of Custom IC & PCB Group631.07M
Mr. Aneel ZamanSr. VP & Chief Revenue Officer521.3M
Dr. Chin-Chi Teng Ph.D.Sr. VP and GM of the Digital & Signoff Group551.09M
Mr. Ariel SellaCo-Founder
Mr. James HaddadCorp. VP of Corp. Fin. & Treasurer
Mr. Richard GuVP of Investor Relations
Ms. Alinka FlaminiaSr. VP, Chief Legal Officer & Corp. Sec.59

Profitability and management effectiveness

Profit margin

23.61%

Operating margin

30.33%

Return on assets

14.67%

Return on equity

30.15%

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 and its enterprise value is .

The CDNS's stocks Beta value is 1.15 making it 15% 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 $186.35.

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 https://www.cadence.com.