9 analysts out of 16 Wall Street brokerage firms rate Cypress Semiconductor Corporation (NASDAQ:CY) as a Buy, while 1 see it as a Sell. The rest 6 describe it as a Hold. CY stock traded higher to an intra-day high of $13.49. At one point in session, its potential discontinued and the price was down to lows at $13.05. Analysts have set CY’s consensus price at $16.32, effectively giving it a 22.06% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $20 (up 49.59% from current price levels). CY has a 3.5% ROE, higher than the -6.21% average for the industry. The average ROE for the sector is 14.15%.
It is expected that in Dec 2018 quarter CY will have an EPS of $0.27, while that of Mar 2019 is projected at $0.2. It means that there could be a 22.73% and -13.04% growth in the two quarters respectively. Yearly earnings are expected to rise by 80% to about $1.08. As for the coming year, growth will be about -13.89%, lifting earnings to $0.93. RSI after the last trading period was 46.82. CY recorded a change of -4.23% over the past week and returned -17.77% over the last three months while the CY stock’s monthly performance revealed a shift in price of 0.22%. The year to date (YTD) performance stands at -12.27%, and the bi-yearly performance specified an activity trend of -20.84% while the shares have moved -9.54% for the past 12 months.
Cypress Semiconductor Corporation (CY) currently trades at $13.37, which is lower by -2.69% its previous price. It has a total of 360.39 million outstanding shares, with an ATR of around 0.48. The company’s stock volume rose to 7.01 million, better than 5.83 million that represents its 50-day average. A 5-day decrease of about -4.23% in its price means CY is now -12.27% lower on year-to-date. The shares have surrendered $43383.63 since its $18.87 52-week high price recorded on 13th of March 2018. Overall, it has seen a growth rate of -9.54 over the last 12 months. The current price per share is $1.62 above the 52 week low of $11.75 set on 24th of October 2018.
Cypress Semiconductor Corporation (NASDAQ:CY)’s EPS was $0.4 as reported for the September quarter. In comparison, the same quarter a year ago had an EPS of $0.27. That means that its growth in general now stands at 48%. Therefore, a prediction of $0.38 given by the analysts brought a positive surprise of 5%. CY Sep 18 quarter revenue was $673.03 million, compared to $604.57 million recorded in same quarter last year, giving it a 11% growth rate. The company’s $68.46 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.
Arconic Inc. (NYSE:ARNC) shares depreciated -1.53% over the last trading period, taking overall 5-day performance up to -1.39%. CY’s price now at $20.53 is weaker than the 50-day average of $21.1. Getting the trading period increased to 200 days, the stock price was seen at $20.82 on average. The general public currently hold control of a total of 472.95 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 480.09 million. The company’s management holds a total of 0.1%, while institutional investors hold about 85.5% of the remaining shares. CY share price finished last trade -0.64% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -1.48%, while closing the session with -2.84% distance from 50 day simple moving average.
Arconic Inc. (ARNC) shares were last observed trading -34.14% down the peak of $31.17. Last month’s price growth of -1.11% puts ARNC performance for the year now at -24.66%. Consequently, the shares price is trending higher by 24.65%, a 52-week worst price. However, it is regaining value with 14.37% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $19.93 and $20.23. The immediate resistance area is now $20.77 Williams’s%R (14) for ARNC moved to 60.8 while the stochastic%K points at 49.92.
ARNC’s beta is 1.21; meaning investors could reap higher returns, although it also poses higher risks. The company allocated -$0.1 per share from its yearly profit to its outstanding shares. Its last reported revenue is $3.52 billion, which was 9% versus $3.24 billion in the corresponding quarter last year. The EPS for Sep 18 quarter came in at $0.32 compared to $0.26 in the year-ago quarter and had represented 23% year-over-year earnings per share growth. ARNC’s ROA is -1.7%, lower than the 2.13% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 5.66%.
Estimated quarterly earnings for Arconic Inc. (NYSE:ARNC) are around $0.28 per share in three months through December with $0.38 also the estimate for March quarter of the fiscal year. It means the growth is estimated at -9.68% and 11.76%, respectively. Analysts estimate full-year growth to be 7.38%, the target being $1.31 a share. The upcoming year will see an increase in growth by percentage to 22.14%, more likely to see it hit the $1.6 per share. The firm’s current profit margin over the past 12 months is -2.2%. ARNC ranks lower in comparison to an average of 188.59% for industry peers; while the average for the sector is 8.04%.