Cadence Design Systems (CDNS) Scheduled to Post Earnings on Monday

CDNS's profit would be $56.65 million giving it 46.63 P/E if the $0.20 EPS is correct. EPS growth in next year is estimated to reach 9.29%. It has underperformed by 11.55% the S&P500.

News articles about Cadence Design Systems (NASDAQ:CDNS) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports.

What to Expect From Cadence Design Systems, Inc. (NASDAQ:CDNS) for 29,716 shares. Cadence Design Systems had a return on equity of 31.28% and a net margin of 10.50%. (CDNS) stock is now trading -6.52% away from its average-price of 200 days while it maintained a distance of -3.04% from its 50 Days Moving Average and 0.55% compared with the 20 Day Moving Average. About 1.03 million shares traded. The stock of Cadence Design Systems, Inc. The company is scheduled to report its next earnings report on Monday, April 23rd. It has outperformed by 3.35% the S&P500. 3,380,223 shares of the company's stock were exchanged, compared to its average volume of 2,749,499. It also reduced Banco Santander (NYSE:BSAC) stake by 12,729 shares and now owns 454,815 shares.

Since October 16, 2017, it had 0 insider buys, and 8 selling transactions for $11.37 million activity. Also, President Anirudh Devgan sold 40,063 shares of the firm's stock in a transaction that occurred on Thursday, March 1st. $4.35M worth of stock was sold by TAN LIP BU on Friday, December 15.

In other news, CFO John M. Wall sold 750 shares of Cadence Design Systems stock in a transaction that occurred on Monday, April 9th. (NASDAQ:CDNS) on Tuesday, January 16.

Investors sentiment increased to 1.59 in 2017 Q4. Its up 0.23, from 1.36 in 2017Q3. 72 funds opened positions while 133 raised stakes. Accredited has 9,942 shares. Zebra Capital Management Limited Liability, Connecticut-based fund reported 20,362 shares. National Asset Management stated it has 7,301 shares. They expect $-0.81 earnings per share, down 12.50% or $0.09 from last year's $-0.72 per share. Zacks Investment Research downgraded shares of Cadence Design Systems from a "buy" rating to a "hold" rating in a research note on Wednesday, December 27th. (NASDAQ:CDNS). Commerzbank Aktiengesellschaft Fi invested in 0% or 5,863 shares. (NASDAQ:CDNS). Gemmer Asset Management Ltd Liability Com has 329 shares for 0% of their portfolio. Norinchukin Bancorporation The invested in 0.03% or 37,008 shares. (NASDAQ:CDNS). Hillsdale Inv Mngmt Inc holds 9,000 shares. Phocas Fin stated it has 110,658 shares. Moreover, Ameritas Invest Prtn has 0.02% invested in Cadence Design Systems, Inc. (NASDAQ:CDNS) or 236,074 shares. After having $0.29 EPS previously, Cadence Design Systems, Inc.'s analysts see -31.03% EPS growth. Cadence Design Systems Inc had 27 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has "Outperform" rating by RBC Capital Markets given on Monday, June 6. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mngmt holds 0.05% of its portfolio in Cadence Design Systems, Inc.

Cadence Design Systems, Inc provides solutions that enable its customers to design electronic products. (NASDAQ:CDNS) has "Hold" rating given on Thursday, October 8 by Benchmark.

Foster & Motley Inc, which manages about $913.18 million and $625.77M US Long portfolio, decreased its stake in Union Pacific (NYSE:UNP) by 2,254 shares to 33,656 shares, valued at $4.51 million in 2017Q4, according to the filing. Finally, DA Davidson upgraded Cadence Design Systems from a "neutral" rating to a "buy" rating in a report on Thursday, April 5th. As per Wednesday, April 6, the company rating was downgraded by DA Davidson. The rating was maintained by RBC Capital Markets with "Buy" on Friday, May 26. Foster & Motley Inc who had been investing in Deluxe Corp for a number of months, seems to be bullish on the $3.53B market cap company. The Company's primarily offers x86 microprocessors as an accelerated processing unit, chipsets, discrete graphics processing units (GPUs), and professional graphics; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles. It has a 51.1 P/E ratio. Perkins Cap Mgmt Inc has invested 1.06% in Deluxe Corporation (NYSE:DLX). Its down 0.42, from 1.51 in 2017Q3. It turned negative, as 21 investors sold DLX shares while 117 reduced holdings. 69 funds opened positions while 135 raised stakes. Thrivent Fincl For Lutherans reported 42,284 shares. Atlantic Grp Ltd Liability reported 855 shares or 0% of all its holdings. Parallax Volatility Advisers Lp has invested 0% in Cadence Design Systems, Inc. (NASDAQ:AMD) for 1.87M shares. (NYSE:ANF). Dimensional Fund Advsr LP holds 0.04% or 5.75 million shares in its portfolio. (NASDAQ:AMD) for 202,340 shares. Solaris Asset Mngmt Lc invested 2.42% of its portfolio in Deluxe Corporation (NYSE:DLX). Baillie Gifford & reported 14.67 million shares stake. Us Savings Bank De has invested 0% of its portfolio in Abercrombie & Fitch Co. Comerica Bank & Trust reported 348,339 shares stake. Bb&T Limited Liability Company invested 0% of its portfolio in Deluxe Corporation (NYSE:DLX). Pennsylvania-based Glenmede Com Na has invested 0% in Abercrombie & Fitch Co. (NASDAQ:AMD). Alps Advisors Inc has 0% invested in Advanced Micro Devices, Inc. Hbk Investments Limited Partnership owns 38,300 shares for 0.01% of their portfolio. 5,402 shares were sold by McRoberts Malcolm, worth $412,983. About 3.06M shares traded or 5.52% up from the average. (NASDAQ:AMD) shares were sold by Norrod Forrest Eugene. Shares for $2.25M were sold by SHOVEN JOHN B. The insider SCHRAM LEE J sold 17,370 shares worth $1.28 million. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The stock has "Outperform" rating by Northland Capital on Thursday, November 19. The company was initiated on Wednesday, October 19 by Credit Suisse. (NASDAQ:AMD) on Thursday, April 7 with "Hold" rating. (NASDAQ:CDNS). 288,148 were accumulated by Jacobs Levy Equity Management Inc. Oppenheimer maintained the shares of AMD in report on Tuesday, July 25 with "Hold" rating.

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