Cadence Design Systems Inc
Why Cadence Design Systems Stock Might Be Overvalued
Cadence Design Systems (CDNS) is one of the few semiconductor stocks that has given staggering returns this year.
A Closer Look at Cadence Design Systems
Cadence Design Systems’ (CDNS) revenue rose at a four-year CAGR (compound annual growth rate) of 7% to $1.9 billion in 2017.
How Cadence’s New Sigrity Tools Are Helping It
Leading electronics design supplier Cadence (CDNS) introduced Cadence Sigrity tools on July 19.
Why Cadence Has Teamed Up with ArcSoft
Leading electronics design supplier Cadence (CDNS) formed a strategic alliance with ArcSoft, an imaging intelligence technology provider, yesterday to build AI and vision applications.
Cadence Boosted Its Design Capabilities with Microsoft Cloud
Leading electronics design supplier Cadence (CDNS) teamed up with Microsoft (MSFT) Azure cloud technology on Monday to drive its electronic systems and semiconductor design in the Cadence Cloud portfolio.
How Nutanix Could Benefit from Its Minjar Acquisition
In March, enterprise cloud service operator Nutanix (NTNX) proposed to acquire Botmetric maker Minjar.
The Top Line of Cadence’s Gains Rises due to High Demand
Cadence Design Systems (CDNS) posted strong revenue growth buoyed by increased global chipset demand coupled with its acquisitions of SFM Technology and Nusemi.
Can Cadence Achieve Its 2018 Margin Target?
Cadence Design Systems (CDNS) reported double-digit growth in its operating income driven by a 31.5% YoY (year-over-year) fall in its expenses.
Cadence’s Acquisition Spree to Bolster Product Growth
Cadence Design Systems (CDNS) continues to enhance its product portfolio by way of new acquisitions. In the last five years, the company has completed eight acquisitions.
Strong Global Sentiments Drive Cadence’s Product Growth
Cadence Design Systems continues to gain due to strong demand for smart devices and technological equipment.
Lower Demand Hurts Cadence’s Functional Verification Products
Cadence Design Systems’ (CDNS) Functional Verification product category reported $115.4 million in revenue in 4Q17.
Cadence’s IP Product Category to Get a Boost
Cadence Design Systems’ IP product division has posted strong double-digit growth in revenue driven by large contract wins and increased royalties.
Custom IC Design Products Report Double-Digit Growth in 4Q17
Cadence Design Systems’ Custom IC Design product division has reported strong revenue growth.
Cadence Design Systems Meets Earnings Estimate in 4Q17
Cadence Design Systems (CDNS) posted its 4Q17 financial results on January 31, 2018.
What You Should Know about the Janus Fund
The Janus Fund – Class A (JDGAX) was founded in February 1970 and has an expense ratio of 0.98%. There is a minimum of $2,500 to invest in this fund via Class A shares, but there is no minimum subsequent investment.
How Does Synopsys Compare to Its Peers?
According to our findings here, ETFs outperformed Synopsys based on PBV. However, Synopsys outperformed most of its ETFs based on price movement and PE.
How Does Cadence Design Compare to Its Peers?
The price-to-book value ratios of Cadence Designs, ARM, Ansys, Synopsys, and Mentor Graphics are 4.36x, 8.68x, 3.78x, 2.47x, and 2.40x, respectively.
Cadence’s Net Income Rose Quarter-over-Quarter in 2015
Cadence Design Systems has a market capitalization of $6.2 billion. Cadence’s year-to-date price movement has been rising quarter-over-quarter in 2015.
Cadence’s cash flow and capital allocation strategy
Cadence’s $691 million debt is manageable, given its $1 billion cash and liquid investments. CDNS has a $250 million credit line and strong free cash flow.
Why EDA is integral to the semiconductor industry
Semiconductor companies utilize the services of chip designers such as Cadence in order to tackle time-to-market pressures.
Cadence delivers end-to-end solutions in EDA and IP
Looking at its EDA products through the Virtuoso platform, Cadence provides support for laying out transistors, wires, and chips for a variety of designs.
Key overview of Cadence Design Systems’s operations
About 90% of Cadence’s revenues come from contracts over multiple periods, allowing the company to generate a steady, predictable stream of revenues.
Eminence Capital lowers stake in VCA Antech, Inc.
Eminence Capital lowered its position in VCA (WOOF) during 3Q14. The stock accounts for 1.95% of the total portfolio—down from 3.01% of the fund’s 2Q14 portfolio.
Eminence Capital lowers stake in Kar Auction Services Inc.
Eminence Capital lowered its position in Kar Auction Services (KAR) during 3Q14. The stock accounts for 1.57% of the total portfolio—down from 2.88% of the fund’s 2Q14 portfolio.
Eminence Capital exits its position in Ralph Lauren
Eminence Capital sold its position in Ralph Lauren (RL) during 3Q14. The stock accounted for 1.35% of the fund’s 2Q14 portfolio. Net revenues for 2Q15 increased 4% to $2 billion.
Eminence Capital initiates position in Zimmer Holdings Inc.
Eminence Capital started a position in Zimmer Holdings (ZMH) during 3Q14. The position accounts for 1.09% of the fund’s 3Q14 portfolio.
Why Intel expects to lead the chip space through its 14nm process
In August 2014, Intel (INTC) shared details about its development with 14nm technology. 14nm succeeds Intel’s 22nm technology.
Why Glenview Capital increases position in Flextronics
Glenview Capital upped its position in Flextronics International (FLEX). Currently, the position accounts for 4.50% of the fund’s 2Q14 portfolio—up from 3.64% in the 1Q14 portfolio. Flextronics provides advanced design, manufacturing, and services to original electronic product equipment manufacturers (or OEMs). It’s one of the world’s largest providers of global supply chain solutions.
Must-know: Glenview Capital ups position in VCA
Glenview Capital upped its position in VCA Inc. (WOOF). VCA was earlier known as VCA Antech. Currently, the position accounts for 1.79% of the fund’s 2Q14 portfolio—up from 0.32% of the 1Q14 portfolio. A 13G filing at the end of August revealed that Glenview increased its stake in VCA from 8.7 million shares at the end of 2Q14. Currently, it owns 14.85% of the company with ~12.8 million shares.
Glenview Capital starts a new position in Brookdale Senior Living
Glenview Capital disclosed a new position in Brookdale Senior Living (BKD) that accounts for 0.77% of the fund’s 2Q14 portfolio. Brookdale Senior Living Inc. is a leading owner and operator of senior living communities throughout the United States. It owns, leases, and operates retirement centers, assisted living and dementia-care communities, and continuing care retirement centers (or CCRCs).
Glenview Capital starts new position in Cadence Design Systems
Glenview Capital disclosed a new position in Cadence Design Systems (CDNS) that accounts for 1.21% of the fund’s 2Q14 portfolio. Cadence Design Systems is based in San Jose, California. It develops solutions for its customers to design increasingly small and complex integrated circuits (or ICs) and electronic devices.
Must-know: Glenview Capital Management’s 2Q14 positions
Larry Robbins’ Glenview Capital Management delivers attractive absolute returns through fundamental research and individual security selection. The size of Glenview’s portfolio increased from $15.2 billion in 1Q14 to $17.2 billion last quarter.
Why Eminence Capital exits position in Advance Auto Parts
Total sales during fiscal 2013 increased 4.7% to $6.49 billion as compared to fiscal 2012.
Why Eminence opens new position in Cadence Design Systems
San Jose, California-based Cadence Design Systems develops solutions for its customers to design increasingly small and complex integrated circuits (or ICs) and electronic devices.
Eminence Capital ups position in Allscripts Healthcare Solutions
Allscripts provides clinical, financial, and population health management solutions to physicians, health systems, hospitals, and post-acute organizations.
Must-know: Ricky Sandler’s Eminence Capital’s key 1Q14 positions
The size of the fund’s 1Q14 portfolio was slightly increased to $6.17 billion from $5.6 billion in 4Q13.