C
Cadence Design Systems, Inc. CDNS
$243.21 $0.050.02%
Recommendation
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Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
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52-Week Range
P/E (TTM)
EPS (TTM)
C
Hold 12/2/2024Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to C+ from C on 12/2/2024 due to an increase in the volatility index and total return index.
C
Hold 11/15/2024Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to C from C+ on 11/15/2024 due to a decline in the valuation index, growth index and efficiency index.
C
Hold 10/31/2024Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to C+ from C on 10/31/2024 due to a large increase in the growth index, solvency index and valuation index. Operating cash flow increased 162.88% from $155.97M to $410M, the quick ratio increased from 1.19 to 2.12, and EBIT increased 26.36% from $297.24M to $375.59M.
C
Hold 7/24/2024Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to C from C+ on 7/24/2024 due to a major decline in the growth index, volatility index and efficiency index. Operating cash flow declined 38.41% from $253.23M to $155.97M, earnings per share declined from $0.91 to $0.84, and net income declined 7.32% from $247.64M to $229.52M.
C
Hold 5/3/2024Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to C+ from B- on 5/3/2024 due to a decline in the total return index, growth index and volatility index. Earnings per share declined from $1.1904 to $0.91, EBIT declined 23.25% from $337.76M to $259.24M, and operating cash flow declined 6.93% from $272.09M to $253.23M.
B
Buy 2/15/2024Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B- from C+ on 2/15/2024 due to a noticeable increase in the growth index, volatility index and valuation index. Earnings per share increased from $0.93 to $1.1904, EBIT increased 9.38% from $308.79M to $337.76M, and total revenue increased 4.45% from $1.02B to $1.07B.
C
Hold 2/1/2024Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to C+ from B- on 2/1/2024 due to a decline in the valuation index, efficiency index and growth index.
B
Buy 10/24/2023Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B- from C+ on 10/24/2023 due to an increase in the volatility index, efficiency index and valuation index. Net income increased 15.01% from $221.12M to $254.32M, and total capital increased 5.78% from $3.56B to $3.76B.
C
Hold 7/12/2023Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to C+ from B- on 7/12/2023 due to a decline in the growth index, total return index and valuation index.
B
Buy 4/14/2023Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 4/14/2023 due to a decline in the valuation index and volatility index.
B
Buy 3/3/2023Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B from B- on 3/3/2023 due to a major increase in the total return index and volatility index.
B
Buy 2/14/2023Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B- from C+ on 2/14/2023 due to an increase in the total return index and volatility index.
C
Hold 1/13/2023Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to C+ from B- on 1/13/2023 due to a decline in the valuation index and total return index.
B
Buy 12/29/2022Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B- from C+ on 12/29/2022 due to an increase in the total return index, valuation index and volatility index.
C
Hold 11/28/2022Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to C+ from B- on 11/28/2022 due to a significant decline in the total return index.
B
Buy 10/10/2022Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 10/10/2022 due to a decline in the total return index.
B
Buy 9/8/2022Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B from B- on 9/8/2022 due to an increase in the valuation index and total return index.
B
Buy 8/22/2022Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 8/22/2022 due to a noticeable decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.85 to $0.68, the quick ratio declined from 1.58 to 1.39, and EBIT declined 9.32% from $318.94M to $289.2M.
B
Buy 7/21/2022Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B from B- on 7/21/2022 due to a large increase in the total return index, growth index and valuation index. EBIT increased 63.06% from $195.6M to $318.94M, operating cash flow increased 55.94% from $215.86M to $336.61M, and earnings per share increased from $0.6401 to $0.85.
B
Buy 2/2/2022Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B- from C+ on 2/2/2022 due to an increase in the valuation index.
C
Hold 1/18/2022Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to C+ from B- on 1/18/2022 due to a major decline in the total return index and volatility index.
B
Buy 1/14/2022Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 1/14/2022 due to a decline in the total return index, valuation index and volatility index.
B
Buy 10/11/2021Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B from B- on 10/11/2021 due to an increase in the total return index, volatility index and valuation index.
B
Buy 9/20/2021Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B- from C+ on 9/20/2021 due to a large increase in the total return index and volatility index.
C
Hold 8/31/2021Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to C+ from B- on 8/31/2021 due to a decline in the valuation index.
B
Buy 8/13/2021Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B- from C+ on 8/13/2021 due to a noticeable increase in the total return index.
C
Hold 7/29/2021Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to C+ from B- on 7/29/2021 due to a large decline in the total return index, growth index and efficiency index. Net income declined 16.71% from $187.17M to $155.9M, earnings per share declined from $0.67 to $0.56, and EBIT declined 9.18% from $203.66M to $184.97M.
B
Buy 4/26/2021Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 4/26/2021 due to a large decline in the total return index and valuation index.
B
Buy 4/8/2021Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B from B- on 4/8/2021 due to a large increase in the total return index and volatility index.
B
Buy 3/4/2021Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 3/4/2021 due to a large decline in the total return index.
B
Buy 3/3/2021Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B from B+ on 3/3/2021 due to a substantial decline in the valuation index and growth index. Operating cash flow declined 34.39% from $206.56M to $135.52M.
B
Buy 2/23/2021Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B+ from B on 2/23/2021 due to a substantial increase in the total return index.
B
Buy 2/26/2020Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B from B- on 2/26/2020 due to a substantial increase in the valuation index, growth index and solvency index. Earnings per share increased from $0.36 to $2.3668, debt to equity declined from 0.25 to 0.18, and operating cash flow increased 14.99% from $138.53M to $159.3M.
B
Buy 2/10/2020Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 2/10/2020 due to a decline in the efficiency index, valuation index and volatility index.
B
Buy 1/21/2020Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B from B- on 1/21/2020 due to an increase in the efficiency index and total return index.
B
Buy 11/12/2019Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 11/12/2019 due to a substantial decline in the total return index, efficiency index and growth index. Operating cash flow declined 43.77% from $246.36M to $138.53M, EBIT declined 9.54% from $133.36M to $120.64M, and net income declined 5.34% from $107.24M to $101.51M.
B
Buy 3/4/2019Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B from B- on 3/4/2019 due to a major increase in the total return index, valuation index and growth index. EBIT increased 23.13% from $103.46M to $127.39M, operating cash flow increased 19.94% from $109.95M to $131.88M, and total revenue increased 7.02% from $532.47M to $569.85M.
B
Buy 10/15/2018Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 10/15/2018 due to a substantial decline in the total return index.
B
Buy 9/27/2018Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B from B- on 9/27/2018 due to an increase in the valuation index.
B
Buy 8/23/2018Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 8/23/2018 due to a decline in the growth index, valuation index and solvency index.
B
Buy 7/12/2018Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B from B- on 7/12/2018 due to a substantial increase in the total return index, growth index and solvency index. Earnings per share increased from -$0.0529 to $0.26, operating cash flow increased 24.27% from $126.86M to $157.65M, and debt to equity declined from 0.74 to 0.6.
B
Buy 2/23/2018Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B- from B on 2/23/2018 due to a substantial decline in the total return index, growth index and efficiency index. Earnings per share declined from $0.29 to -$0.0529, and net income declined 117.8% from $81.16M to -$14.44M.
B
Buy 2/7/2018Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B from B+ on 2/7/2018 due to a major decline in the total return index.
B
Buy 12/21/2017Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B+ from B on 12/21/2017 due to a large increase in the total return index and valuation index.
B
Buy 11/16/2017Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B from B+ on 11/16/2017 due to a large decline in the total return index and valuation index.
B
Buy 11/1/2017Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B+ from B on 11/1/2017 due to a large increase in the total return index, solvency index and growth index. Earnings per share increased from $0.25 to $0.29, the quick ratio increased from 1.49 to 1.64, and debt to equity declined from 0.68 to 0.64.
B
Buy 9/29/2017Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B from B+ on 9/29/2017 due to a large decline in the total return index, valuation index and volatility index.
B
Buy 8/1/2017Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B+ from B on 8/1/2017 due to a substantial increase in the growth index, total return index and solvency index. Operating cash flow increased 75.42% from $92.43M to $162.14M, debt to equity declined from 0.83 to 0.68, and the quick ratio increased from 1.26 to 1.49.
B
Buy 2/15/2017Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B from B+ on 2/15/2017 due to a noticeable decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.23 to $0.1379, debt to equity increased from 0.75 to 0.93, and the quick ratio declined from 1.29 to 1.07.
B
Buy 2/14/2017Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B+ from B on 2/14/2017 due to an increase in the volatility index and total return index.
B
Buy 12/16/2016Downgrade
Cadence Design Systems, Inc. (CDNS) was downgraded to B from B+ on 12/16/2016 due to a decline in the total return index.
B
Buy 12/1/2016Upgraded
Cadence Design Systems, Inc. (CDNS) was upgraded to B+ from B on 12/1/2016 due to an increase in the total return index and volatility index.
B
Buy 11/11/2016Downgrade
Cadence Design Systems Inc. (CDNS) was downgraded to B from B+ on 11/11/2016 due to a decline in the total return index.
B
Buy 10/27/2016Upgraded
Cadence Design Systems Inc. (CDNS) was upgraded to B+ from B on 10/27/2016 due to a large increase in the growth index, volatility index and efficiency index. Earnings per share increased from $0.17 to $0.23, net income increased 31.17% from $49.34M to $64.71M, and operating cash flow increased 5.09% from $80.37M to $84.46M.
B
Buy 8/22/2016Downgrade
Cadence Design Systems Inc. (CDNS) was downgraded to B from B+ on 8/22/2016 due to a decline in the total return index and valuation index.
B
Buy 8/5/2016Upgraded
Cadence Design Systems Inc. (CDNS) was upgraded to B+ from B on 8/5/2016 due to a noticeable increase in the growth index, total return index and volatility index. Total revenue increased 1.15% from $447.86M to $453.02M.
B
Buy 4/27/2016Downgrade
Cadence Design Systems Inc. (CDNS) was downgraded to B from A- on 4/27/2016 due to a substantial decline in the growth index, solvency index and efficiency index. Debt to equity increased from 0.25 to 0.56, net income declined 37.09% from $80.37M to $50.56M, and earnings per share declined from $0.2604 to $0.17.
A
Buy 4/25/2016Upgraded
Cadence Design Systems Inc. (CDNS) was upgraded to A- from B+ on 4/25/2016 due to an increase in the total return index.
B
Buy 4/20/2016Upgraded
Cadence Design Systems Inc. (CDNS) was upgraded to B+ from B on 4/20/2016 due to a significant increase in the total return index.
B
Buy 3/11/2016Downgrade
Cadence Design Systems Inc. (CDNS) was downgraded to B from B+ on 3/11/2016 due to a noticeable decline in the volatility index, total return index and valuation index.
B
Buy 2/19/2016Downgrade
Cadence Design Systems Inc. (CDNS) was downgraded to B+ from A- on 2/19/2016 due to a major decline in the growth index, volatility index and efficiency index. Total capital declined 0.49% from $1.73B to $1.72B.
A
Buy 2/17/2016Upgraded
Cadence Design Systems Inc. (CDNS) was upgraded to A- from B on 2/17/2016 due to a noticeable increase in the volatility index.
B
Buy 2/8/2016Downgrade
Cadence Design Systems Inc. (CDNS) was downgraded to B from B+ on 2/8/2016 due to a decline in the volatility index, total return index and valuation index.
B
Buy 1/27/2016Downgrade
Cadence Design Systems Inc. (CDNS) was downgraded to B+ from A- on 1/27/2016 due to a noticeable decline in the total return index and volatility index.
A
Buy 1/12/2016Downgrade
Cadence Design Systems Inc. (CDNS) was downgraded to A- from A on 1/12/2016 due to a decline in the total return index and volatility index.
A
Buy 12/15/2015Upgraded
Cadence Design Systems Inc. (CDNS) was upgraded to A from A- on 12/15/2015 due to a noticeable increase in the solvency index, valuation index and efficiency index. Net income increased 33.47% from $58.16M to $77.62M.
A
Buy 7/29/2015Upgraded
Cadence Design Systems Inc. (CDNS) was upgraded to A- from B+ on 7/29/2015 due to a major increase in the growth index, valuation index and solvency index. Operating cash flow increased 160.78% from $46.69M to $121.75M, the quick ratio increased from 0.91 to 1.66, and earnings per share increased from $0.12 to $0.19.
B
Buy 6/30/2015Upgraded
Cadence Design Systems Inc. (CDNS) was upgraded to B+ from B on 6/30/2015 due to a large increase in the total return index, valuation index and solvency index. The quick ratio increased from 0.82 to 0.91, and debt to equity declined from 0.52 to 0.47.
B
Buy 10/23/2014Upgraded
Cadence Design Systems Inc. (CDNS) was upgraded to B from B- on 10/23/2014 due to a significant increase in the growth index, valuation index and efficiency index. EBIT increased 83.46% from $35.47M to $65.08M, net income increased 61.35% from $23.26M to $37.54M, and earnings per share increased from $0.08 to $0.12.
B
Buy 7/22/2014Upgraded
Cadence Design Systems Inc. (CDNS) was upgraded to B- from C+ on 7/22/2014 due to an increase in the growth index, volatility index and valuation index. Operating cash flow increased 145.09% from $28.1M to $68.87M, and total revenue increased 0.06% from $378.55M to $378.79M.
C
Hold 6/17/2014Downgrade
Cadence Design Systems Inc. (CDNS) was downgraded to C+ from B- on 6/17/2014 due to a decline in the valuation index and total return index.
B
Buy 4/24/2014Downgrade
Cadence Design Systems Inc. (CDNS) was downgraded to B- from B on 4/24/2014 due to a substantial decline in the growth index, valuation index and efficiency index. Operating cash flow declined 76.42% from $119.16M to $28.1M, EBIT declined 17.14% from $52.75M to $43.71M, and earnings per share declined from $0.13 to $0.11.
Weiss Ratings