How to Buy Cirrus Logic Stock
Cirrus Logic Inc
Cirrus Logic, Inc. , a fabless semiconductor company, provides low-power and high-precision mixed-signal processing solutions in the United States and internationally.
Cirrus Logic stock last closed at $85.25, down 0.65% from the previous day, and has decreased 4.64% in one year. It has underperformed other stocks in the Semiconductors industry by 0.3 percentage points. Cirrus Logic stock is currently +31.12% from its 52-week low of $65.02, and -11.08% from its 52-week high of $95.87.
At the moment, there are 53.93M CRUS shares outstanding. The market capitalization of CRUS is $4.60B. In the past 24 hours, 264,617 CRUS shares were traded.
How to Buy Cirrus Logic Stock
Wondering how to invest in Cirrus Logic stock? Here's how.
- 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.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your method of payment and add your details.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
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Get $10 towards your purchase of stock by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to invest in CRUS today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new trading account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on the best stock app to use, you need to deposit funds:
Check out the tutorial below for more details depositing money into your investment account.
Step 4: Analyze Cirrus Logic stock
After you have chosen the best place to buy Cirrus Logic stock, it's absolutely critical to analyze their stock prior to buying, so you can wrap your head around the risk as well as the opportunity.
Cirrus Logic Numbers
CRUS Zen Score
WallStreetZen was built to help average investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on CRUS's stock page.
Is CRUS stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge CRUS's true value.
Using relative valuations measures:
- CRUS may be undervalued based on its P/E ratio of 25.99x, relative to Semiconductors industry P/E ratio of 59.02x
- CRUS may be undervalued based on its P/B ratio of 2.55x, relative to Semiconductors industry P/B ratio of 7.76x
- CRUS could be undervalued based on its PEG ratio of 0.58x
You can access additional valuation research on CRUS's stock here.
CRUS Financial Overview
Pros:
- There are more short-term assets than long-term liabilities on the CRUS balance sheet.
- CRUS's operating cash flow of $299.41M allows it to safely service it's debt of $158.32M.
- There are more short-term assets than short-term liabilities on the CRUS balance sheet.
- CRUS has a low debt to equity ratio of 0.23.
- CRUS earnings of $246.61M is not sufficient to cover its interest payments.
- Total CRUS debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- CRUS profit margin has gone down from 16.2% to 9.8% in the past year.
Is Cirrus Logic stock a Buy, Hold, or Sell, according to analysts?
Out of 5 Wall Street analysts who give recommendations on CRUS, the consensus analyst rating on Cirrus Logic is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Cirrus Logic stock forecast page.
CRUS Technical Indicators
CRUS Earnings
Last year, CRUS earnings were $176.06M. During the past 5 year, CRUS's earnings have gone up by 15.73% per year. This was slower than the Semiconductors industry average of 27.1%.
Last year, CRUS revenue was $1.79B. During the past 5 year, CRUS's revenue has grown by 7.47% per year. This was slower than the Semiconductors industry average of 23.37%.
Dive into CRUS's earnings and revenue performance here.
Latest Insiders Trades at CRUS
Over the past 12 months, executives and large shareholders at CRUS have sold more shares than they have bought.
Denise Grode, Chief Human Resources Officer of CRUS, was the latest CRUS insider to sell. They sold $68,368.65 worth of CRUS stock on Apr 6, 2024.
Dig into 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 others are saying about CRUS
One of the biggest 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
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your investment in CRUS
Now that you own some CRUS stock, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to track the latest developments regarding your CRUS stock.
CRUS Feed
How to Buy Stock in Cirrus Logic
To summarize, here are the 6 steps you need to take to buy Cirrus Logic stock right now:
- Decide where to buy Cirrus Logic stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Cirrus Logic stock
- Place your CRUS trade
- Get the latest scoop on your investment in CRUS
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Cirrus Logic, create your watchlist below.
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