Intrinsic value of Cirrus Logic - CRUS

Previous Close

$40.52

  Intrinsic Value

$324.20

stock screener

  Rating & Target

str. buy

+700%

Previous close

$40.52

 
Intrinsic value

$324.20

 
Up/down potential

+700%

 
Rating

str. buy

We calculate the intrinsic value of CRUS stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.6

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  31.60
  28.94
  26.55
  24.39
  22.45
  20.71
  19.14
  17.72
  16.45
  15.31
  14.27
  13.35
  12.51
  11.76
  11.09
  10.48
  9.93
  9.44
  8.99
  8.59
  8.23
  7.91
  7.62
  7.36
  7.12
  6.91
  6.72
  6.55
  6.39
  6.25
Revenue, $m
  2,025
  2,611
  3,305
  4,111
  5,034
  6,076
  7,239
  8,522
  9,924
  11,442
  13,076
  14,821
  16,675
  18,637
  20,703
  22,872
  25,143
  27,515
  29,989
  32,566
  35,248
  38,036
  40,934
  43,946
  47,076
  50,329
  53,710
  57,226
  60,884
  64,691
Variable operating expenses, $m
  1,252
  1,603
  2,017
  2,499
  3,050
  3,673
  4,368
  5,135
  5,972
  6,880
  7,814
  8,857
  9,965
  11,137
  12,372
  13,668
  15,025
  16,442
  17,921
  19,461
  21,063
  22,730
  24,462
  26,261
  28,132
  30,075
  32,096
  34,197
  36,383
  38,658
Fixed operating expenses, $m
  272
  278
  284
  290
  297
  303
  310
  317
  324
  331
  338
  345
  353
  361
  369
  377
  385
  394
  402
  411
  420
  429
  439
  448
  458
  468
  479
  489
  500
  511
Total operating expenses, $m
  1,524
  1,881
  2,301
  2,789
  3,347
  3,976
  4,678
  5,452
  6,296
  7,211
  8,152
  9,202
  10,318
  11,498
  12,741
  14,045
  15,410
  16,836
  18,323
  19,872
  21,483
  23,159
  24,901
  26,709
  28,590
  30,543
  32,575
  34,686
  36,883
  39,169
Operating income, $m
  501
  731
  1,004
  1,322
  1,687
  2,100
  2,561
  3,071
  3,628
  4,232
  4,924
  5,619
  6,358
  7,139
  7,963
  8,827
  9,733
  10,679
  11,666
  12,694
  13,764
  14,877
  16,034
  17,236
  18,486
  19,785
  21,135
  22,540
  24,001
  25,522
EBITDA, $m
  622
  875
  1,175
  1,525
  1,926
  2,380
  2,886
  3,446
  4,058
  4,721
  5,435
  6,198
  7,010
  7,868
  8,772
  9,722
  10,716
  11,755
  12,839
  13,968
  15,143
  16,364
  17,635
  18,955
  20,327
  21,753
  23,235
  24,777
  26,382
  28,052
Interest expense (income), $m
  3
  3
  8
  13
  20
  27
  35
  45
  56
  68
  80
  94
  109
  125
  143
  161
  180
  200
  220
  242
  265
  289
  313
  339
  366
  393
  422
  452
  483
  516
  549
Earnings before tax, $m
  498
  723
  991
  1,302
  1,660
  2,064
  2,516
  3,015
  3,560
  4,151
  4,830
  5,509
  6,232
  6,997
  7,802
  8,648
  9,533
  10,459
  11,424
  12,429
  13,476
  14,564
  15,695
  16,871
  18,093
  19,363
  20,683
  22,057
  23,485
  24,973
Tax expense, $m
  134
  195
  267
  352
  448
  557
  679
  814
  961
  1,121
  1,304
  1,488
  1,683
  1,889
  2,107
  2,335
  2,574
  2,824
  3,084
  3,356
  3,638
  3,932
  4,238
  4,555
  4,885
  5,228
  5,584
  5,955
  6,341
  6,743
Net income, $m
  363
  528
  723
  951
  1,212
  1,507
  1,837
  2,201
  2,599
  3,030
  3,526
  4,022
  4,549
  5,107
  5,695
  6,313
  6,959
  7,635
  8,339
  9,073
  9,837
  10,632
  11,457
  12,316
  13,208
  14,135
  15,099
  16,101
  17,144
  18,230

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  1,456
  1,877
  2,376
  2,955
  3,619
  4,368
  5,204
  6,126
  7,134
  8,226
  9,400
  10,655
  11,988
  13,398
  14,883
  16,443
  18,075
  19,781
  21,560
  23,412
  25,340
  27,345
  29,428
  31,593
  33,843
  36,182
  38,613
  41,140
  43,770
  46,507
Adjusted assets (=assets-cash), $m
  1,456
  1,877
  2,376
  2,955
  3,619
  4,368
  5,204
  6,126
  7,134
  8,226
  9,400
  10,655
  11,988
  13,398
  14,883
  16,443
  18,075
  19,781
  21,560
  23,412
  25,340
  27,345
  29,428
  31,593
  33,843
  36,182
  38,613
  41,140
  43,770
  46,507
Revenue / Adjusted assets
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
  1.391
Average production assets, $m
  792
  1,021
  1,292
  1,607
  1,968
  2,376
  2,830
  3,332
  3,880
  4,474
  5,113
  5,795
  6,520
  7,287
  8,095
  8,943
  9,831
  10,758
  11,726
  12,733
  13,782
  14,872
  16,005
  17,183
  18,407
  19,679
  21,001
  22,376
  23,806
  25,294
Working capital, $m
  124
  159
  202
  251
  307
  371
  442
  520
  605
  698
  798
  904
  1,017
  1,137
  1,263
  1,395
  1,534
  1,678
  1,829
  1,987
  2,150
  2,320
  2,497
  2,681
  2,872
  3,070
  3,276
  3,491
  3,714
  3,946
Total debt, $m
  144
  243
  362
  499
  656
  834
  1,032
  1,250
  1,489
  1,748
  2,026
  2,324
  2,640
  2,974
  3,326
  3,695
  4,082
  4,487
  4,908
  5,347
  5,804
  6,279
  6,773
  7,286
  7,819
  8,374
  8,950
  9,549
  10,172
  10,821
Total liabilities, $m
  345
  445
  563
  700
  858
  1,035
  1,233
  1,452
  1,691
  1,950
  2,228
  2,525
  2,841
  3,175
  3,527
  3,897
  4,284
  4,688
  5,110
  5,549
  6,006
  6,481
  6,974
  7,488
  8,021
  8,575
  9,151
  9,750
  10,374
  11,022
Total equity, $m
  1,111
  1,432
  1,813
  2,255
  2,761
  3,333
  3,971
  4,674
  5,443
  6,276
  7,172
  8,130
  9,147
  10,223
  11,356
  12,546
  13,791
  15,093
  16,450
  17,864
  19,334
  20,864
  22,454
  24,106
  25,822
  27,607
  29,461
  31,390
  33,397
  35,485
Total liabilities and equity, $m
  1,456
  1,877
  2,376
  2,955
  3,619
  4,368
  5,204
  6,126
  7,134
  8,226
  9,400
  10,655
  11,988
  13,398
  14,883
  16,443
  18,075
  19,781
  21,560
  23,413
  25,340
  27,345
  29,428
  31,594
  33,843
  36,182
  38,612
  41,140
  43,771
  46,507
Debt-to-equity ratio
  0.130
  0.170
  0.200
  0.220
  0.240
  0.250
  0.260
  0.270
  0.270
  0.280
  0.280
  0.290
  0.290
  0.290
  0.290
  0.290
  0.300
  0.300
  0.300
  0.300
  0.300
  0.300
  0.300
  0.300
  0.300
  0.300
  0.300
  0.300
  0.300
  0.300
Adjusted equity ratio
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763
  0.763

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  363
  528
  723
  951
  1,212
  1,507
  1,837
  2,201
  2,599
  3,030
  3,526
  4,022
  4,549
  5,107
  5,695
  6,313
  6,959
  7,635
  8,339
  9,073
  9,837
  10,632
  11,457
  12,316
  13,208
  14,135
  15,099
  16,101
  17,144
  18,230
Depreciation, amort., depletion, $m
  121
  144
  171
  203
  239
  280
  325
  375
  430
  490
  511
  580
  652
  729
  809
  894
  983
  1,076
  1,173
  1,273
  1,378
  1,487
  1,601
  1,718
  1,841
  1,968
  2,100
  2,238
  2,381
  2,529
Funds from operations, $m
  485
  672
  895
  1,154
  1,451
  1,787
  2,162
  2,576
  3,029
  3,520
  4,037
  4,601
  5,201
  5,836
  6,505
  7,207
  7,942
  8,711
  9,512
  10,347
  11,215
  12,119
  13,058
  14,034
  15,048
  16,103
  17,199
  18,339
  19,525
  20,760
Change in working capital, $m
  30
  36
  42
  49
  56
  64
  71
  78
  86
  93
  100
  106
  113
  120
  126
  132
  139
  145
  151
  157
  164
  170
  177
  184
  191
  198
  206
  214
  223
  232
Cash from operations, $m
  455
  636
  852
  1,104
  1,394
  1,723
  2,091
  2,498
  2,944
  3,427
  3,937
  4,495
  5,088
  5,717
  6,379
  7,075
  7,804
  8,566
  9,361
  10,190
  11,052
  11,949
  12,881
  13,850
  14,857
  15,904
  16,993
  18,124
  19,302
  20,527
Maintenance CAPEX, $m
  -60
  -79
  -102
  -129
  -161
  -197
  -238
  -283
  -333
  -388
  -447
  -511
  -580
  -652
  -729
  -809
  -894
  -983
  -1,076
  -1,173
  -1,273
  -1,378
  -1,487
  -1,601
  -1,718
  -1,841
  -1,968
  -2,100
  -2,238
  -2,381
New CAPEX, $m
  -190
  -229
  -271
  -315
  -361
  -408
  -455
  -502
  -548
  -594
  -639
  -682
  -725
  -767
  -808
  -848
  -888
  -928
  -967
  -1,008
  -1,048
  -1,090
  -1,133
  -1,178
  -1,224
  -1,272
  -1,322
  -1,375
  -1,430
  -1,489
Cash from investing activities, $m
  -250
  -308
  -373
  -444
  -522
  -605
  -693
  -785
  -881
  -982
  -1,086
  -1,193
  -1,305
  -1,419
  -1,537
  -1,657
  -1,782
  -1,911
  -2,043
  -2,181
  -2,321
  -2,468
  -2,620
  -2,779
  -2,942
  -3,113
  -3,290
  -3,475
  -3,668
  -3,870
Free cash flow, $m
  205
  328
  479
  660
  873
  1,119
  1,399
  1,713
  2,062
  2,446
  2,851
  3,301
  3,784
  4,298
  4,842
  5,417
  6,022
  6,655
  7,318
  8,009
  8,730
  9,480
  10,261
  11,072
  11,915
  12,792
  13,703
  14,649
  15,634
  16,658
Issuance/(repayment) of debt, $m
  84
  100
  118
  137
  157
  178
  198
  219
  239
  259
  278
  297
  316
  334
  352
  370
  387
  404
  422
  439
  457
  475
  494
  513
  533
  554
  576
  599
  623
  649
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  84
  100
  118
  137
  157
  178
  198
  219
  239
  259
  278
  297
  316
  334
  352
  370
  387
  404
  422
  439
  457
  475
  494
  513
  533
  554
  576
  599
  623
  649
Total cash flow (excl. dividends), $m
  288
  428
  597
  797
  1,030
  1,296
  1,597
  1,932
  2,301
  2,704
  3,129
  3,599
  4,100
  4,632
  5,194
  5,787
  6,409
  7,059
  7,739
  8,448
  9,187
  9,955
  10,754
  11,585
  12,449
  13,346
  14,279
  15,249
  16,257
  17,307
Retained Cash Flow (-), $m
  -266
  -322
  -380
  -442
  -506
  -572
  -638
  -704
  -769
  -833
  -896
  -957
  -1,017
  -1,076
  -1,133
  -1,190
  -1,246
  -1,301
  -1,357
  -1,414
  -1,471
  -1,529
  -1,590
  -1,652
  -1,717
  -1,784
  -1,855
  -1,929
  -2,006
  -2,088
Prev. year cash balance distribution, $m
  307
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  40
  53
  68
  86
  107
  131
  158
  188
  222
  258
  298
  340
  385
  434
  485
  538
  595
  654
  715
  780
  847
  916
  989
  1,064
  1,143
  1,224
  1,309
  1,396
  1,488
  1,583
Cash available for distribution, $m
  329
  106
  217
  355
  524
  725
  959
  1,228
  1,532
  1,871
  2,234
  2,641
  3,082
  3,556
  4,061
  4,597
  5,163
  5,758
  6,382
  7,035
  7,716
  8,426
  9,165
  9,933
  10,732
  11,562
  12,424
  13,320
  14,251
  15,219
Discount rate, %
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
  316
  97
  189
  293
  406
  526
  648
  768
  880
  981
  1,061
  1,127
  1,172
  1,194
  1,192
  1,168
  1,123
  1,060
  983
  894
  798
  699
  601
  506
  417
  337
  267
  206
  156
  115
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Cirrus Logic, Inc. is engaged in providing integrated circuits (ICs) for audio and voice signal processing applications. The Company develops analog and mixed-signal ICs for a range of customers. The Company offers two product lines: Portable Audio, and Non-Portable Audio and Other. The Company's primary facility housing engineering, sales and marketing, and administration functions is located in Austin, Texas. The Company offers products through both direct and indirect sales channels across the world. The Company's portable audio products include analog and mixed-signal components designed for mobile devices including smartphones, tablets, digital headsets, wearables, smart accessories and portable media players. Its non-portable audio and other products include analog and mixed-signal components targeting the consumer market, including smart home applications, and the automotive, energy and industrial markets.

FINANCIAL RATIOS  of  Cirrus Logic (CRUS)

Valuation Ratios
P/E Ratio 10
Price to Sales 1.7
Price to Book 2.3
Price to Tangible Book
Price to Cash Flow 7
Price to Free Cash Flow 8.2
Growth Rates
Sales Growth Rate 31.7%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 10.9%
Cap. Spend. - 3 Yr. Gr. Rate 24.6%
Financial Strength
Quick Ratio NaN
Current Ratio 0.1
LT Debt to Equity 5.2%
Total Debt to Equity 5.2%
Interest Coverage 106
Management Effectiveness
Return On Assets 20.3%
Ret/ On Assets - 3 Yr. Avg. 12.4%
Return On Total Capital 23.4%
Ret/ On T. Cap. - 3 Yr. Avg. 14.4%
Return On Equity 26%
Return On Equity - 3 Yr. Avg. 16.4%
Asset Turnover 1.2
Profitability Ratios
Gross Margin 49.3%
Gross Margin - 3 Yr. Avg. 47.7%
EBITDA Margin 24.8%
EBITDA Margin - 3 Yr. Avg. 19.7%
Operating Margin 20.6%
Oper. Margin - 3 Yr. Avg. 16%
Pre-Tax Margin 20.5%
Pre-Tax Margin - 3 Yr. Avg. 15.2%
Net Profit Margin 17%
Net Profit Margin - 3 Yr. Avg. 11.2%
Effective Tax Rate 17.1%
Eff/ Tax Rate - 3 Yr. Avg. 29%
Payout Ratio 0%

CRUS stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the CRUS stock intrinsic value calculation we used $1539 million for the last fiscal year's total revenue generated by Cirrus Logic. The default revenue input number comes from 2017 income statement of Cirrus Logic. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our CRUS stock valuation model: a) initial revenue growth rate of 31.6% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for CRUS is calculated based on our internal credit rating of Cirrus Logic, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Cirrus Logic.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of CRUS stock the variable cost ratio is equal to 62.5%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $266 million in the base year in the intrinsic value calculation for CRUS stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Cirrus Logic.

Corporate tax rate of 27% is the nominal tax rate for Cirrus Logic. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the CRUS stock is equal to 2.6%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for CRUS are equal to 39.1%.

Life of production assets of 10 years is the average useful life of capital assets used in Cirrus Logic operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for CRUS is equal to 6.1%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1152 million for Cirrus Logic - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 63 million for Cirrus Logic is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Cirrus Logic at the current share price and the inputted number of shares is $2.6 billion.

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COMPANY NEWS

▶ Cirrus Logic to Present at Upcoming Conferences   [Jul-17-18 04:00PM  Business Wire]
▶ Cirrus Logic to Announce Q1 Results August 1   [04:00PM  Business Wire]
▶ Cirrus Logic Wins Spot in Next-Generation Apple AirPods   [Jun-29-18 09:00AM  Motley Fool]
▶ Where Will Cirrus Logic Turn for a Turnaround?   [Jun-28-18 06:26PM  Motley Fool]
▶ New Strong Sell Stocks for June 13th   [Jun-13-18 07:49AM  Zacks]
▶ The new king of Austin's publicly traded companies   [Jun-06-18 11:45AM  American City Business Journals]
▶ New Strong Sell Stocks for May 29th   [May-29-18 08:56AM  Zacks]
▶ 3 Value Stocks for Retirement   [May-28-18 10:20AM  Motley Fool]
▶ Best Cheap Stocks To Buy This May   [May-23-18 10:02AM  Simply Wall St.]
▶ Cirrus Logic to Present at Upcoming Conferences   [May-08-18 04:00PM  Business Wire]
▶ Cirrus Logic Expects a Smartphone Slump This Year   [May-03-18 05:00PM  Motley Fool]
▶ Smartphone sales slide continues to cut into Cirrus Logic's revenue   [09:11AM  American City Business Journals]
▶ Cirrus Logic: Fiscal 4Q Earnings Snapshot   [May-02-18 05:18PM  Associated Press]
▶ Apple Stocks   [05:00PM  Yahoo Finance Video]
▶ Cirrus Logic: A Relief Rally for This Apple Supplier?   [Apr-30-18 04:01PM  Barrons.com]
▶ These 2 Widely Held Stocks Look Good Short   [Apr-22-18 10:00AM  TheStreet.com]
▶ 3 Stocks That Are Absurdly Cheap Right Now   [Apr-14-18 07:19AM  Motley Fool]
▶ April Top Undervalued Stock   [Apr-10-18 10:02AM  Simply Wall St.]
▶ Cirrus Logic to Announce Q4 Results May 2   [Apr-04-18 04:01PM  Business Wire]
▶ 3 New Potential Buyout Targets for Broadcom   [Mar-19-18 09:30AM  Motley Fool]
▶ Here's Why Shares of Cirrus Logic Slid 10% Last Month   [Mar-09-18 01:26PM  Motley Fool]
▶ Why Investors May Want to Avoid This Apple Supplier   [Mar-06-18 11:07PM  Motley Fool]
▶ March Undervalued Stocks To Look Out For   [Mar-05-18 09:02AM  Simply Wall St.]
▶ Company News For Feb 6, 2018   [10:19AM  Zacks]
▶ S&P 500 Futures Point To Big Losses At Tuesday's Open   [07:29AM  Investor's Business Daily]
▶ Cirrus Logic misses Street 3Q forecasts   [04:12PM  Associated Press]
▶ Cirrus Logic's Q3 Earnings Preview   [10:18AM  Benzinga]
▶ Cirrus Logic: Value Play or Value Trap?   [Jan-26-18 06:41PM  Motley Fool]
▶ Cirrus Logic Likely to Continue Disappointing the Bulls   [Jan-24-18 02:52PM  TheStreet.com]
▶ Launch of Calvert Ultra-Short Duration Income NextShares   [Jan-11-18 10:14AM  PR Newswire]
▶ Cirrus Logic to Announce Q3 Results Feb. 5   [Jan-09-18 05:00PM  Business Wire]
▶ Apple Buyback Scenario May Soothe Worries Over iPhone X Demand   [Jan-08-18 04:54PM  Investor's Business Daily]
▶ Why AMD and Intel Are in the Top 5 Most Volatile Semi Stocks   [Dec-29-17 05:40PM  Market Realist]
▶ 3 Value Stocks Perfect for Retirement   [Dec-19-17 09:47AM  Motley Fool]
▶ 3 Key Takeaways From Cirrus Logic's Investor Conferences   [Dec-18-17 09:18PM  Motley Fool]
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