Wolfspeed Stock Fair Value Calculator – Janney Montgomery Scott LLC Reduces Holdings of Wolfspeed, Unexpectedly
July 30, 2023
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In an unexpected development, Janney Montgomery Scott LLC has declared a considerable cutback in its ownership of Wolfspeed ($NYSE:WOLF), Inc. Wolfspeed is a technology company that focuses on the development and production of silicon carbide (SiC) and gallium nitride (GaN) power and radio frequency semiconductor products. It is a global leader in the development and production of SiC and GaN power solutions for a diverse range of applications like solar inverters, electric vehicles, and power supplies. The company’s products are designed to deliver higher efficiency, improved thermal performance, and better system performance while reducing energy costs. Wolfspeed’s products are used by leading companies and industries all over the world.
Janney Montgomery Scott LLC’s reduction in their holdings of Wolfspeed, Inc. is certainly an unexpected move. It remains to be seen how this will affect the company’s stock price and performance in the future.
Share Price
This unexpected move caused the stock price of WOLFSPEED to open at $63.0 and close at $64.1, up by 3.4% from the previous closing price of $62.0. This activity demonstrates a shift in investor sentiment on the company, and hints at a possible change in direction for the future of WOLFSPEED. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Wolfspeed. More…
| Total Revenues | Net Income | Net Margin |
| 914.6 | -184.2 | -28.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Wolfspeed. More…
| Operations | Investing | Financing |
| -121.5 | -1.01k | 1.44k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Wolfspeed. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.45k | 3.75k | 14.31 |
Key Ratios Snapshot
Some of the financial key ratios for Wolfspeed are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.2% | -59.9% | -35.0% |
| FCF Margin | ROE | ROA |
| -83.9% | -11.5% | -3.7% |
Analysis – Wolfspeed Stock Fair Value Calculator
At GoodWhale, we specialize in providing analysis on the fundamentals of stocks to help investors make informed decisions. In this case, we have examined WOLFSPEED and found that its intrinsic value is around $103.5. This value has been calculated using our proprietary Valuation Line. At the moment, WOLFSPEED stock is trading at a price of $64.1, meaning it is currently undervalued by 38.1%. This is an opportunity for investors to purchase shares and take advantage of the potential for a return on their investment. More…
Peers
The company’s products are used in a variety of applications, including cell phones, wireless infrastructure, and military and aerospace. Wolfspeed‘s main competitors are Nova Ltd, Cirrus Logic Inc, and CML Microsystems PLC.
– Nova Ltd ($NASDAQ:NVMI)
Nova Ltd is a large company with a market cap of 2.09B. It has a strong ROE of 25.44%. The company operates in the oil and gas industry and is a leading provider of exploration and production services.
– Cirrus Logic Inc ($NASDAQ:CRUS)
Cirrus Logic, Inc. is a fabless semiconductor company that specializes in digital signal processing and analog mixed-signal chips. It has a market cap of $3.79B and a ROE of 21.86%. The company’s products are used in a wide range of electronic devices, including smartphones, tablets, digital cameras, MP3 players, automotive entertainment systems, and industrial applications. Cirrus Logic’s products are based on a proprietary mixed-signal processing technology and are designed to meet the demands of high-performance applications.
– CML Microsystems PLC ($LSE:CML)
CML Microsystems PLC is a market leader in the design, development and manufacture of high performance analog and mixed-signal semiconductors. The company has a strong focus on delivering innovative solutions to the wireless communications, automotive, industrial and medical markets. CML Microsystems has a long history of profitability and has a strong balance sheet with no debt. The company’s shares are listed on the London Stock Exchange.
Summary
Wolfspeed, Inc. has seen a significant decrease in its holdings by Janney Montgomery Scott LLC. Despite this, the stock price of Wolfspeed has moved up on the same day, which is an indication that investors remain confident in the company. It is important for investors to look at the underlying fundamentals of a company and not simply rely on short-term movements in a stock price. An analysis of Wolfspeed should consider its financial health, competitive position, and potential growth opportunities.
Additionally, investors should research the company’s management and Board of Directors to get a better understanding of their vision for the future. By making an informed decision, investors can maximize their returns in the long-term.
