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NASDAQ: CRUS

How to Buy Cirrus Logic Stock

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Cirrus Logic Inc

Cirrus Logic, Inc. , a fabless semiconductor company, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs) in the United States and internationally.

Cirrus Logic stock last closed at $69.55, down 4.23% from the previous day, and has decreased 15.33% in one year. It has overperformed other stocks in the Semiconductors industry by 0.12 percentage points. Cirrus Logic stock is currently +3.76% from its 52-week low of $67.03, and -27.43% from its 52-week high of $95.84.

At the moment, there are 55.94M CRUS shares outstanding. The market capitalization of CRUS is $3.89B. In the past 24 hours, 716,005 CRUS shares were traded.

How to Buy Cirrus Logic Stock

Wondering how to invest in Cirrus Logic stock? Here's how.
  1. Decide where to buy Cirrus Logic stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Cirrus Logic stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected. It's the best place to buy CRUS stock.
  3. Deposit money your investment account: Pick your method of payment and add your details.
  4. Analyze Cirrus Logic stock: The Cirrus Logic ticker symbol is CRUS. Is Cirrus Logic stock a good investment? Should you buy shares of CRUS? How do CRUS's underlying business fundamentals look? Do top analysts think Cirrus Logic is a good buy? Why has CRUS's stock price moved recently? (Hint: Our stock market research website can help you decide if CRUS is a good stock to buy).
  5. Place your CRUS trade: Decide if you will purchase CRUS shares at the current market price or use a limit order to buy CRUS stock at a specific price.
  6. Get the latest scoop on your investment in CRUS: Create a watchlist to important notifications about your investment in Cirrus Logic shares.

Step 1: Decide where to buy Cirrus Logic stock

You need a brokerage account to access the NASDAQ market and buy CRUS stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Get $10 towards your your purchase of CRUS shares by opening an account with eToro today.

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Step 2: Sign up for a brokerage account

Now that you've chosen the next step is brokerage, picked to fill out some personal details so you are able to buy CRUS today.

How to Set Up a New Investment Account on eToro

  1. Click here to get started.
  2. Provide your personal details to start a new brokerage account.
  1. Send your info by hitting the "Create Account" button.
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Step 3: Deposit money your investment account

Check out the video below if you need help depositing money into your new investment account.

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Step 4: Analyze Cirrus Logic stock

It's critical to evaluate stocks prior to buying, so you truly wrap your head around the risk as well as the upside.

Cirrus Logic Metrics

CRUS Price
$69.55
1w %
-9.58%
1y %
-15.33%
5y %
30.44%
P/E
11.38x
P/B
2.43x
P/S
2.06x
PEG
N/A
Revenue
$1.90B
Earnings
$348.85M
Fore. Rev. Growth
3.39%
Fore. Earn. Growth
-1.65%
Market Cap
$3.89B
Next Earnings
Oct 31, 2022
Next Dividend
N/A

CRUS Fundamentals

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on CRUS's stock page.

Is CRUS stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge CRUS's intrinsic value.

Using relative valuations methods:

  • CRUS may be undervalued based on its P/E ratio of 11.38x, relative to Semiconductors industry P/E ratio of 16.73x
  • CRUS could be undervalued based on its P/B ratio of 2.43x, relative to Semiconductors industry P/B ratio of 3.52x

You can do more valuation research on CRUS's stock here.

CRUS Financial Health Overview

Pros:

  • There are more short-term assets than long-term liabilities on the CRUS balance sheet.
  • CRUS earnings of $405.04M is not sufficient to cover its interest payments.
  • CRUS profit margin has gone up from 15.4% to 18.4% in the past year.
  • CRUS has a low debt to equity ratio of 0.32.
  • There are more short-term assets than short-term liabilities on the CRUS balance sheet.
  • CRUS's operating cash flow of $225.91M allows it to safely service it's debt of $173.33M.

Cons:

  • Total CRUS debt is higher than 5 years ago, relative to shareholder equity.

Is CRUS stock a Buy, Hold, or Sell?

Out of 4 Wall Street analysts who give recommendations on CRUS, the consensus analyst rating on Cirrus Logic is a Buy

Should I buy or sell CRUS stock?

Based on 4 analysts offering ratings for Cirrus Logic Inc.
Buy
Strong Buy
2 analysts 50%
Buy
1 analysts 25%
Hold
0 analysts 0%
Sell
1 analysts 25%
Strong Sell
0 analysts 0%

Latest CRUS Analyst Ratings

Rajvindra Gill, a top 5% analyst from Needham maintains CRUS with a buy rating and raises their CRUS price target from $85.00 to $97.00, on Aug 3, 2022.

Blayne Curtis, a bottom 18% analyst from Barclays maintains CRUS with a strong buy rating and lowers their CRUS price target from $120.00 to $105.00, on Jul 25, 2022.

Vivek Arya, a top 17% analyst from Bank of America maintains CRUS with a sell rating and lowers their CRUS price target from $85.00 to $80.00, on Jun 29, 2022.

John Vinh, a bottom 3% analyst from KeyBanc maintains CRUS with a strong buy rating and lowers their CRUS price target from $120.00 to $105.00, on May 4, 2022.

An analyst from Barclays maintains CRUS with a strong buy rating and raises their CRUS price target from $100.00 to $120.00, on Jan 12, 2022.

You can dive deeper into what analysts are projecting on the Cirrus Logic stock forecast page.

CRUS Trading Indicators

SMA10
74.79
SMA20
74.47
SMA50
80.18
SMA100
78.08
SMA200
81.35
MACD
-1.91
MACD Signal
-1.63
MACD Histogram
-0.28
RSI
31.65
Stochastic %K
15.19
Stochastic %D
20.92
StochRSI %K
16.34
StochRSI %D
32.81

CRUS Performance Metrics

Last year, CRUS earnings were $348.85M. Over the last five year, CRUS's earnings have gone up by 6.4% per year. This was slower than the Semiconductors industry average of 75.57%.

Last year, CRUS revenue was $1.90B. Over the past 5 year, CRUS's revenue has grown by 3.47% per year. This was slower than the Semiconductors industry average of 16.86%.

Dive into CRUS's earnings and revenue performance here.

Are CRUS executives and large shareholders buying or selling the stock?

Over the last 12 months, insiders at CRUS have sold more shares than they have bought.

Alexander M. Davern, Director of CRUS, was the latest CRUS insider to sell. They sold $84,740.00 worth of CRUS stock on Aug 8, 2022.

Learn more about who owns CRUS shares here.

Does CRUS stock generate passive income?

No, Cirrus Logic doesn't provide an income stream by paying out dividends.

What do other traders have to say about CRUS?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Place your CRUS trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.

Click the Open Trade button and your broker will place your order.

If you want additional help investing in stocks on eToro, watch the how to video below:

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Step 6: Get the latest scoop on your investment in CRUS

Now that you own some CRUS shares, you'll want to keep up with your investment.

Create a watchlist to get notified of the latest news about your CRUS stock.

CRUS Feed

How to Buy Stock in Cirrus Logic

To reiterate, here are the 6 steps to buy Cirrus Logic stock:

  1. Decide where to buy Cirrus Logic stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Analyze Cirrus Logic stock
  5. Place your CRUS trade
  6. Get the latest scoop on your investment in CRUS

If you need a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today

If you want to watch your new investment in Cirrus Logic, create a watchlist today.

NASDAQ: CRUS
$69.55-3.07 (-4.23%)
Updated Sep 29, 2022
Open eToro Account
NASDAQ: CRUS
$69.55-3.07 (-4.23%)
Updated Sep 29, 2022
Open eToro Account

FAQ

How much does it cost to buy one Cirrus Logic share?

As of Sep 29, 2022, it costs $69.55 to buy one share of Cirrus Logic stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.144 shares of CRUS.

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Is now a good time to buy Cirrus Logic stock?

According to 4 Wall Street analysts who monitor Cirrus Logic, their consensus recommendation is to buy Cirrus Logic stock.

What is the best way to buy Cirrus Logic stock?

The best way to buy Cirrus Logic stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.