$CRUS

Cirrus Logic, Inc.

  • NASDAQ
  • Electronic Technology
  • Semiconductors
  • Manufacturing
  • Semiconductor and Related Device Manufacturing

PRICE

$81.38 -

Extented Hours

VOLUME

274,500

DAY RANGE

80.2 - 81.555

52 WEEK

73.45 - 95.84

Join Discuss about CRUS with like-minded investors

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@Pal #droscrew
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$CRUS Sees Q4 sales 400-440M vs. 355.84 E

67 Replies 8 👍 10 🔥

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@Pal #droscrew
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$CRUS beat and guide up

53 Replies 12 👍 10 🔥

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@dros #droscrew
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2500 $CRUS DEC2021 $85 Cs trade 1.9

61 Replies 11 👍 12 🔥

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@ivtrades-Chris #ivtrades
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SWEEP DETECTED: >>2435 $CRUS Dec21 85.0 Calls trade $1.90 (CboeTheo=1.53) ASKSIDE [MULTI] IV=40.8% +5.1 OPENING Vol=2502, OI=1405,

45 Replies 10 👍 15 🔥

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@dros #droscrew
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2500 $CRUS DEC2021 $85 Cs trade 1.9

138 Replies 8 👍 8 🔥

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@dros #droscrew
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$CRUS Reports Q2 EPS $1.82, consensus $1.63; Sees Q3 revenue $490M-$530M, consensus $502.3M

103 Replies 12 👍 7 🔥

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@DarkPoolAlgo #Dark Pool Charts
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Monday, November 1, 2021 Futures Up/Down % Last Dow 159.00 0.45% 35,863 S&P 500 20.25 0.44% 4,617 Nasdaq 65.50 0.41% 15,904 Another day, another record for U.S. averages with the S&P, Dow and Nasdaq looking to add to October gains and kick off the new trading month off strong. Materials and some consumer products are getting a boost after the U.S. and European Union reached a trade truce on steel and aluminum tariffs over the weekend. The two sides were working hard to reach a deal before Dec. 1, when the European retaliatory tariffs were set to double; the 25% tariffs will apply to EU exports beyond 3.3 million tons, Bloomberg reported. The EU agreed to drop retaliatory tariffs on U.S. motorcycles, jeans and bourbon whiskey per Bloomberg (shares of names like HOG looking higher). Earnings optimism also continues to offset concern over a near-term move on tapering from the Federal Reserve that could add to signals of slowing growth in the supply chain-snarled economy, ahead of the FOMC meeting later this week. In Asian markets, The Nikkei Index rose 2.6% or over 750 points to 29,647, the Shanghai Index slipped a few points to 3,544 and the Hang Seng Index dropped -0.88% or over 200 points to 25,154. In Europe, the German DAX is up about 135 points to 15,825, while the FTSE 100 gains +0.5% to 7,275. After posting the worst monthly returns since March 2020 in September, it was a rip fest in October as the S&P 500 500 gains 6.9%, the Dow Jones Industrial Average climbs 5.8%, the Nasdaq Composite adds 7.3% and the Russell 2000 jumps 4.2%. The S&P 500, Dow register 4-straight weeks of gains for the first time since mid-April, Nasdaq notches first 4-week advance since June. As for last week, the S&P 500 gains 1.33%, the Dow rose 0.4% and Nasdaq added 2.71%. overall Friday, the U.S. stock market set another round of record highs as Wall Street looked past disappointing results from major companies Apple and Amazon to wrap up its best month of the year. Market Closing Prices Yesterday The S&P 500 Index gained 8.96 points, or 0.19%, to 4,605.38 The Dow Jones Industrial Average rose 89.06 points, or 0.25%, to 35,819.56 The Nasdaq Composite climbed 50.29 points, or 0.33%, to 15,498.39 The Russell 2000 Index slipped -0.79 points, or 0.03% to 2,297.19 Events Calendar for Today 10:00 AM ET Construction Spending for September 10:00 AM ET ISM Manufacturing PMI for October Earnings Calendar: Earnings Before the Open: AMG, BEN, CNA, ENBL, IVAC, JELD, L, OIS, ON, PCG, SXC, TKR Earnings After the Close: ADC, ADTN, ADUS, ANET, APEN, BNL, BRKR, BRX, BWXT, CACC, CAR, CHGG, CLX, CRUS, CSWC, CURO, EPRT, EVER, FANG, GXO, HLIT, HOLX, IPI, KFRC, KMT, LEG, LXU, MCK, MOS, NBIX, NSP, O, OTTR, PLOW, PSA, RHP, RIG, RMBS, SBAC, SKT, SOI, SPG, TA, TTI, UAN, UNVR, VNO, VNOM, VRNS, WMB, ZI Macro Up/Down Last Nymex 0.50 84.07 Brent 0.83 84.55 Gold 4.40 1,790.30 EUR/USD -0.0009 1.1570 JPY/USD 0.18 114.17 10-Year Note +0.023 1.579% World News China’s official manufacturing purchasing managers’ index fell to 49.2, the National Bureau of Statistics said Sunday, the second month it was below the key 50-mark that is between expansion and contraction The U.K. and France have agreed to de-escalate their spat over Brexit and fishing rights following a meeting between French President Emmanuel Macron and British Prime Minister Boris Johnson on the sidelines of the Group of 20 summit of leaders in Rome Sector News Breakdown Consumer Barron’s took a deep dive into the roads automakers and their suppliers are taking to build a better battery. Raw materials have gotten an upgrade to shorten the supply chain and boost performance. Tesla ($TSLA) has switched to nickel as a substitute for scarcer cobalt, while General Motors ($GM) has sought out alternatives to graphite since its mostly mined in China, Barron’s said. Companies that benefit from revamped supply chains will be the best investment, Albemarle ($ALB), for instance, supplies about one-third of the world’s lithium. Battery capacity will need to jump fourfold by the next few years, according to Barron’s NVR Corp. ($NVR) mentioned positively in Barron’s noting the stock has been flat in recent months and KeyBanc’s analyst said he saw diminished earnings momentum but still kept a $5,450 price target on the stock, an 11% premium over Friday’s close, and for the first time this year, a company insider recently made an open-market buy Bally’s Corporation ($BALY) submitted a proposal to Chicago to develop and operate the $1.6 billion Bally’s Chicago, an entertainment destination resort. Li Auto ($LI) has delivered 7,649 Li ONEs, up 107.2% year over year; as of October 31, 2021, the year-to-date and cumulative deliveries of Li ONEs reached 62,919 and 96,516 respectively. Nio ($NIO) said it delivered 3,667 vehicles in October 2021, representing a decrease of 27.5% year-over-year. XPeng ($XPEV) said monthly deliveries in October 2021 of 10,138 Smart EVs, representing an increase of 233% Y/Y and a 2.6% decline over last month Wynn Resorts ($WYNN), Melco Gaming (MLCO): Macau’s gaming bureau reported October gross revenue from games of fortune in the region decreased 40% year-over-year to 4.365B patacas. Stanley Black & Decker ($SWK) downgraded to Underperform from Neutral at Bank America Energy, Industrials and Materials The U.S. and the European Union have announced a deal at the G20 summit in Rome to ease U.S. tariffs on steel and aluminum totaling more than $10B of E.U. exports each year, removing one of the most significant trade disputes from the Trump administration’s levies imposed in 2018 Deere ($DE) said it reached a tentative agreement with the United Auto Workers (UAW) two weeks after more than 10K workers at 14 plants went on strike. The deal, reached after 90% of union members rejected the first tentative agreement, “contains enhanced economic gains and continues to provide the highest quality healthcare benefits in the industry,” the UAW said. China’s Ganfeng Lithium Co Ltd and its unit GFL International Co Ltd have signed a contract to supply battery-grade lithium products to U.S. electric vehicle (EV) maker Tesla Inc ($TSLA) Financials Barclays PLC ($BCS) CEO Jess Staley was asked to step down Monday following an investigation by U.K. regulators into his relationship with convicted sex offender and financier Jeffrey Epstein. Britain’s Financial Conduct Authority said Staley, 64, told regulators and the bank that his relationship with Epstein ended in 2015. CNA Financial ($CNA) Q3 core EPS 87c vs. est. 60c; posted record underlying combined ratio of 91.1%, double-digit gross written premium growth across all of our P&C business segments and excellent new business growth of 24% Healthcare Moderna ($MRNA) announced that the FDA informed it on Friday that the agency required additional time to review the company’s Emergency Use Authorization (EUA) request for COVID-19 vaccine for use in those aged 12 – 17 years. Regulators told Moderna that the analysis may not be completed until January Novavax ($NVAX) files for covid-19 vaccine authorization with health Canada and completes submission for rolling review to European medicines agency Tilray ($TLRY) downgraded to Neutral from Overweight at Cantor Fitzgerald and cut tgt to $11.80 from $18.00 LianBio ($LIAN)3M share IPO priced at $16.00 Technology, Media & Telecom Madison Square Garden Sports ($MSGS) MSG Entertainment $(MSGE) and AMC Networks ($AMCX) are at inexpensive prices according to Barron’s. Online sports gambling, due to start in New York in the next few months, looks like a big plus for both MSG Sports and MSG Entertainment because of advertising, fan engagement, and a potential sports book in Madison Square Garden Pearson Plc ($PSO) may see increased pressure from Europe’s largest activist pressure as the company works to convince holders about a turnaround under CEO Andy Bird, according to a Telegraph report. Activist Cevian Capital now owns 8.5% of Pearson and is the company’s second largest investor, the Telegraph reported. https://bit.ly/3muoDGw Cinemark Holdings Inc. ($CNK) and IMAX Corp. (IMAX) time to shine said Barron’s noting IMAX had its best October on record thanks to “Dune” and other films. Meanwhile, “Cinemark’s 3Q results should show further signs of improvement as the business steadily builds momentum,” writes MKM analyst Eric Handler. AMC Entertainment ($AMC) claimed that the domestic industry box office for October 2021 is estimated to come in considerably higher than that of any previous month since February of 2020. TripAdvisor ($TRIP) downgraded to Underweight from Overweight at Barclays and cut tgt to $30 from $49

58 Replies 14 👍 10 🔥

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@DarkPoolAlgo #Dark Pool Charts
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Wednesday, October 13, 2021 Futures Up/Down % Last Dow 34.00 0.10% 34,295 S&P 500 5.75 0.14% 4,346 Nasdaq 61.75 0.42% 14,715 U.S. futures recover from overnight losses ahead of Dow component JPMorgan earnings and inflation data later this morning (CPI), reversing overnight losses despite weakness in Dow component Apple (AAPL), which is down about -0.5% after reports it expects to make 10 million fewer iPhone than planned and is poised to slash iPhone production goal due to chip crunch. Oil prices and Treasury yields decline, while gold rises ahead of a key reading of consumer price September inflation. Futures are getting a boost after better economic data in China as September exports rose 28.1% from last year as consumer demand outpace supply chain disruptions and power shortages, while last night’s passage of a debt ceiling extension by House lawmakers puts at least one market concern to the side until early December. In Asian markets, The Nikkei Index fell -90 points to 28,140, the Shanghai Index rose 14 points to 3,561 and the Hang Seng Index was closed. In Europe, the German DAX is up over 100 points to 15,250, while the FTSE 100 is slightly lower at 7,120. U.S. stocks ended lower following a choppy session on Tuesday, with investors nervous about upcoming third-quarter earnings reports. In addition to the CPI data, the Federal Reserve will release minutes from its last policy meeting, and investors are looking for further clues on when the central bank could begin tapering its bond-buying program. Market Closing Prices Yesterday The S&P 500 Index dropped -10.54 points, or 0.24%, to 4,350.65 The Dow Jones Industrial Average fell -117.72 points, or 0.34%, to 34,378.34 The Nasdaq Composite slipped -20.28 points, or 0.14%, to 14,465.92 The Russell 2000 Index advanced 13.63 points, or 0.61% to 2,234.27 Events Calendar for Today 7:00 AM ET MBA Mortgage Applications Data 8:30 AM ET Consumer Price Index (CPI) Headline MoM for September…est. +0.3% 8:30 AM ET CPI Core: Ex Food & Energy MoM for September…est. +0.2% 8:30 AM ET Consumer Price Index (CPI) Headline YoY for September…est. +5.3% 8:30 AM ET CPI Core: Ex Food & Energy YoY for September…est.+4.0% 10:30 AM ET Weekly DOE Inventory Data 4:30 PM ET API Weekly Inventory Data Earnings Calendar: Earnings Before the Open: AYR, BLK, DAL, JPM, SOTK Earnings After the Close: ETWO, ODC Other Key Events: China CPI, PPO for September Macro Up/Down Last Nymex -0.56 80.08 Brent -0.60 82.82 Gold 11.60 1,772.80 EUR/USD 0.0034 1.1562 JPY/USD -0.04 113.56 10-Year Note -0.015 1.565% World News China September exports rose1% from last year as consumer demand outpace supply chain disruptions and power shortages Japanese Core Machine Orders (M/M) Aug: -2.4% (exp 1.4%; previous 0.9%); Core Machine Orders (Y/Y) Aug: 17.0% (exp 13.9%; previous 11.1%) The House on Tuesday voted along party lines to raise the U.S. borrowing limit into December, as Democratic lawmakers wrestled with how to set a new ceiling for U.S. debt later this year over Republican resistance. Sector News Breakdown Consumer Duckhorn Portfolio Inc ($NAPA) said selling stockholders are offering 12 mln shares of common stock Monster Beverage ($MNST) downgraded to Hold from Buy at Jefferies Energy, Industrials and Materials International Paper ($IP) announces up to $2B share repurchase program Boeing ($BA) is the latest federal contractor to mandate COVID-19 vaccinations for all employees by December 8 under the Biden administration’s new rules saying its 125K U.S. employees must show proof of vaccination or have an approved religious or medical exemption by the deadline. Yesterday, Chicago soybean futures fell to the lowest level in nearly a year following a U.S. Department of Agriculture report that showed larger than expected yields of soybeans and corn; the USDA showed an uptick of nearly 100M bushels to U.S. corn ending stocks Glencore Plc ($GLNCY) said that it had reached an agreement to sell its zinc business in Bolivia to Canada’s Santa Cruz Silver Mining for some $110M Rattler Midstream LP ($RTLR), a subsidiary of Diamondback Energy, Inc. (FANG) announces strategic midland basin gas gathering & processing joint venture; invested approximately $104 mln in cash to acquire a minority interest in joint venture Vistra ($VST) announces $2 billion share repurchase program Gran Tierra Energy Inc. ($GTE) said that Q3 production grew 53% and that it expects the gains to continue in Q4; said it has produced an average of 28,957 barrels of oil a day in the quarter, compared with 18,944 barrels a day in the prior year period and 23,035 barrels a day QoQ Greenbrier ($GBX) announced the acquisition of more than 3,600 railcars, a portion of which will be held in GBX Leasing Financials BlackRock ($BLK) Q3 adj EPS $10.95 vs. est. $9.35; Q3 revs $5.05B vs. est. $4.9B; qtrly long-term net inflows of $98 billion; assets under management at qtr-end were $9.46 trillion vs $7.81 trillion at end of Q3 AvidXchange ($AVDX)64M share IPO price $25.00 AllianceBernstein L.P. ($AB) preliminary assets under management decreased to $742 billion during September 2021 from $761B at the end of August. Firmwide net inflows were outweighed by market depreciation, resulting in a 2% decline in AUM. In the month of September, net inflows to Retail and Private Wealth were partially offset by net outflows from Institutions. Ellington Financial Inc ($EFC) commenced an underwritten public offering of 5 mln shares of common stock RenaissanceRe Holdings Ltd. ($RNR) estimates that losses from certain 2021 catastrophe events will have a net negative impact of approximately $725 million on the Company’s Q3 results of operations Manning & Napier ($MN) preliminary assets under management (AUM) of $22B for September, compared with $22.7B as of Aug.31. Healthcare Sarepta ($SRPT) announces $500M common stock offering and guiding Q3 revs about $166.9M vs. est. $172M; had approximately $1.6 bln in cash, cash equivalents and investments as of September 30, 2021 CRISPR Therapeutics ($CRSP) shares slipped after announcing updated results from the company’s early-stage trial of its CAR-T cell therapy CTX110 as two patients in the phase 1 trial experienced Grade 3 or higher infections, with one patient having HHV-6 encephalitis, and another developing pseudomonal sepsis that resolved in four days. CytoSorbents ($CTSO) receives full FDA investigational device exemption approval to begin U.S. star-d trial on apixaban and rivaroxaban removal by the DrugSorb-ATR™ antithrombotic removal system during urgent cardiothoracic surgery Homology Medicines ($FIXX) announced the pheEDIT Phase 1 clinical trial for HMI-103, a one-time, in vivo product candidate that utilizes a gene editing approach for phenylketonuria, or PKU, based on the investigational new drug application, or IND, clearance from the FDA Apollo EndoSurgery ($APEN)4M share Spot Secondary priced at $7.75 Bicycle Therapeutics ($BCYC)24M share Secondary priced at $54.00 Relay Therapeutics ($RLAY)21M share Secondary priced at $26.50 Biogen ($BIIB) announces results of a new analysis of immune response to the COVID-19 vaccine among people with multiple sclerosis (MS). Teva Pharmaceuticals Europe BV, a European affiliate of Teva ($TEVA) presents new analyses of the COBRA study, which concluded no evidence was found to suggest that infants were adversely affected by maternal exposure to glatiramer acetate (GA) during pregnancy and breastfeeding with use of COPAXONE Technology, Media & Telecom Apple ($AAPL) suppliers Broadcom ($AVGO), Texas Instruments ($TXN) struggling to deliver enough chips; Apple expects to make 10 million fewer iPhone than planned and is poised to slash iPhone production goal due to chip crunch – Bloomberg (watch shares of $AAPL suppliers including $CRUS, $QRVO, $STM, $AVGO, $SWKS) SAP AG ($SAP) raised its 2021 projections for non-IFRS cloud revenue at constant currencies to range from EUR9.4B to EUR9.6B, up from its earlier view of EUR9.3 billion and EUR9.5 billion; also boosts cloud and software revenue at constant currencies view to EUR23.8 billion to EUR24.2 billion from its earlier view of EUR23.6 billion to EUR24 billion. Qualcomm ($QCOM) announces new $10.0 billion stock repurchase authorization IAC Inc. ($IAC) reports September Angi Inc. total revenue up 18% from last year with Dotdash revenue up 25%, and its Search business revenue up 74% from last year and Emerging & Other revenue was up 33% from last year Vimeo Inc ($VMEO) total revenue for September 2021 up 33%; subscribers for September 2021 up 14%; ARPU for September 2021 up 16% Smart Global Holding ($SGH) Q4 adj EPS $2.16 vs. est. $1.60; Q4 revs $467.7M vs. est. $461.3M; sees Q1 adj EPS $1.80-$2.20 vs. est. $1.49; sees Q1 revenue $440M-$480M vs. est. $458.55M; GAAP gross margin of 25.2%, up 620 basis points versus the year ago quarter and non-GAAP gross margin of 26.4%, up 690 basis points versus the year ago quarter VOXX International ($VOXX) 2Q EPS $0.01 vs est. $0.07 on sales $143.1Mm vs est. $134.4Mm

73 Replies 15 👍 6 🔥

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@dros #droscrew
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Upgrades 9/7: $BMO $CRUS $DOOO $FIVN $MEOH $SO $SPOT $TCBK $TD $TMX $VTR . Downgrades 9/7: $AMCR $AMGN $ARGX $BANR $CARR $FTCH $GMAB $JNJ $JOAN $LNT $LRCX $MCFE $MRK $SJR $VRTX $XOMA

124 Replies 6 👍 15 🔥

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@thegiz18 #ivtrades
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$CRUS off to the races

102 Replies 10 👍 9 🔥

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@thegiz18 #ivtrades
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$CRUS finishing strong after a dismal day

59 Replies 11 👍 8 🔥

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@thegiz18 #ivtrades
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No buyers at all for $CRUS

102 Replies 9 👍 10 🔥

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@thegiz18 #ivtrades
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Got some $CRUS shares premarket, will see if we can get much of a gap fill move

147 Replies 8 👍 12 🔥

BR
@brAli #StockTraders.NET
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$twtr and $crus both i wish pop and drop

148 Replies 9 👍 12 🔥

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@thegiz18 #ivtrades
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$CRUS stumble on earnings, down 11% to daily 200ma

70 Replies 13 👍 8 🔥

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@haleksander #Zona Trading
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$CRUS podría estar interesante

41 Replies 10 👍 7 🔥

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@Brandon #
recently

Upgrades: ABEV ANET MNST PAYC PDD STZ Downgrades: GHL IPGP MOS PACB SEDG MktWgt: GILD QSR Outperf: JAZZ PTON Buy: KRON Earnings Triple Plays: ANET CDK CRUS IT JAZZ MCK SWKS TREK ZBRA Data: 10a Factory Orders (1.0), 10am ex-Transports (0.6), 10a Durable Goods (1.9), 10a ex-Transports (0.8) Yesterday's Movers:

146 Replies 14 👍 14 🔥

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@RedSunCap #droscrew
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$CRUS is nice here

83 Replies 13 👍 9 🔥

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@Massimo74 #decarolis
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Rilascio Utili di Oggi. $SBAC (SBA Communications Corporation) $KLAC (KLA Corporation) $TTWO (Take Two Interactive Software Inc) $AVID (Avid Technology Inc.) $CRUS (Cirrus Logic Inc) $FIS (Fidelity National Information Services Inc) $LDOS (Leidos Holdings Inc) $IPGP (Ipg Photonics Corp.) $CYBR (CyberArk) $IPHI (Inphi Corp)

63 Replies 14 👍 14 🔥

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@zonatrading #Zona Trading
recently

$CRUS para monitorearla

110 Replies 13 👍 13 🔥

JO
@jorge_bohl #Zona Trading
recently

$CRUS rompió trisngulo

97 Replies 12 👍 12 🔥

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@zonatrading #Zona Trading
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$CRUS, me gustaria ver un último higher low.

76 Replies 12 👍 15 🔥

Key Metrics

Market Cap

4.46 B

Beta

1.09

Avg. Volume

539.10 K

Shares Outstanding

56.11 M

Yield

0%

Public Float

0

Next Earnings Date

2022-07-25

Next Dividend Date

Company Information

Cirrus Logic is a leader in low-power, high-precision mixed-signal processing solutions that create innovative user experiences for the world's top mobile and consumer applications. With headquarters in Austin, Texas, Cirrus Logic is recognized globally for its award-winning corporate culture.

CEO: Jason Rhode

Website:

HQ: 800 W 6th St Austin, 78701-2722 Texas

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