Cirrus Logic Poised for Growth in Multiple Markets

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Cirrus Logic Intrinsic Stock Value – Cirrus Logic ($NASDAQ:CRUS) is a company that designs, manufactures, and markets digital signal processing and mixed-signal integrated circuits . The company is headquartered in Austin, Texas, with offices in the United States, Europe, Asia, and Australia. Cirrus Logic has been in business for over 35 years and has a long history of providing high-quality, innovative ICs to its customers. The company’s most recent quarterly report, for the period ending November 1st, was very well received by investors. In the report, Cirrus Logic signaled its intention to expand its business beyond the audio space into high-performance mixed signal ICs.

This is a very exciting development for the company, as it opens up a whole new market for its products. Cirrus Logic is well positioned for growth in multiple markets. The company has a strong history of innovation and customer satisfaction, and its recent expansion into mixed signal ICs gives it a foothold in a rapidly growing market. Investors are understandably optimistic about the company’s prospects, and Cirrus Logic is poised for success in the coming years.

Price History

The company is headquartered in Austin, Texas and has operations in the United States, Europe, Japan, and Asia. Cirrus Logic‘s products are used in a variety of electronic devices, including smartphones, tablets, digital cameras, HDTVs, Blu-ray players, audio/video receivers, and car audio systems. Cirrus Logic’s stock opened at $68.1 on Tuesday and closed at $69.4, up by 3.0% from prior closing price of 67.4. Cirrus Logic has a strong presence in the smartphone market with its products used in smartphones from major manufacturers such as Apple, Samsung, and LG.

The company is also expanding its reach into new markets such as the automotive market with its new automotive audio products. Cirrus Logic is well-positioned for growth in the coming years with its strong product offerings and expanding customer base.

VI Analysis – Cirrus Logic Intrinsic Stock Value

Cirrus Logic, Inc. is a fabless semiconductor company that specializes in digital signal processing and analog mixed-signal integrated circuits. The company’s products are used in a variety of electronic devices, including smartphones, tablets, digital audio players, car infotainment systems, and industrial applications. Cirrus Logic’s fundamental strength lies in its long-term potential, as reflected by its strong financials. For instance, the company has a strong balance sheet, with over $1 billion in cash and no debt. Looking at Cirrus Logic from a valuation perspective, the company appears to be undervalued. Using the intrinsic value calculator from the Value Investors Club, the intrinsic value of a Cirrus Logic share is around $106.7.

However, the stock is currently trading at $69.4, meaning it is undervalued by 35%.

VI Peers

The company’s competitors include Sequans Communications SA, United Microelectronics Corp, and Globetronics Technology Bhd.

– Sequans Communications SA ($NYSE:SQNS)

Sequans Communications S.A. provides wireless connectivity solutions for the Internet of Things and 4G/5G applications. The company operates in two segments, Mobile Broadband and Enterprise & IoT. It offers its solutions for cellular, Wi-Fi, and short range applications, as well as for various connected devices, including cellular routers and gateways, customer premises equipment, and automotive and transportation applications.

– United Microelectronics Corp ($TWSE:2303)

As of 2022, United Microelectronics Corp has a market cap of 501.15B and a Return on Equity of 18.27%. The company is a leading global semiconductor foundry that provides advanced technology and manufacturing services to semiconductor companies worldwide. The company’s technology platforms include: advanced process technologies, memory technologies, mixed-signal/analog technologies, and specialty technologies.

– Globetronics Technology Bhd ($KLSE:7022)

As of 2022, Globetronics Technology Bhd has a market cap of 769.86M and a Return on Equity of 11.1%. The company is engaged in the design, manufacture and sale of semiconductor products and precision components. It offers a range of services including research and development, engineering, testing and assembly.

Summary

Cirrus Logic is a fabless semiconductor company that specializes in digital signal processing and analog mixed-signal integrated circuits . The company’s products are used in a variety of electronic devices, including smartphones, tablets, digital cameras, MP3 players, automotive infotainment systems, and industrial control equipment. Cirrus Logic’s products are known for their high performance and low power consumption.

The company’s stock price has been on the rise in recent years, as investors have become more bullish on the prospects for growth in the digital audio and automotive markets. Cirrus Logic is well-positioned to benefit from these trends, and its shares are worth considering for any investor looking for exposure to these dynamic industries.