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Cadence Design Systems (CDNS) Competitors

Cadence Design Systems logo
$301.24 -10.11 (-3.25%)
(As of 05:45 PM ET)

CDNS vs. CRM, ADBE, INTU, MSTR, SNPS, WDAY, ADSK, FICO, ANSS, and TYL

Should you be buying Cadence Design Systems stock or one of its competitors? The main competitors of Cadence Design Systems include Salesforce (CRM), Adobe (ADBE), Intuit (INTU), MicroStrategy (MSTR), Synopsys (SNPS), Workday (WDAY), Autodesk (ADSK), Fair Isaac (FICO), ANSYS (ANSS), and Tyler Technologies (TYL). These companies are all part of the "application software" industry.

Cadence Design Systems vs.

Salesforce (NYSE:CRM) and Cadence Design Systems (NASDAQ:CDNS) are both large-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, valuation, media sentiment, dividends, analyst recommendations, community ranking, institutional ownership and profitability.

Cadence Design Systems has a net margin of 23.87% compared to Salesforce's net margin of 15.96%. Cadence Design Systems' return on equity of 28.49% beat Salesforce's return on equity.

Company Net Margins Return on Equity Return on Assets
Salesforce15.96% 12.34% 7.65%
Cadence Design Systems 23.87%28.49%16.20%

In the previous week, Salesforce had 22 more articles in the media than Cadence Design Systems. MarketBeat recorded 54 mentions for Salesforce and 32 mentions for Cadence Design Systems. Cadence Design Systems' average media sentiment score of 1.04 beat Salesforce's score of 0.67 indicating that Cadence Design Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Salesforce
22 Very Positive mention(s)
10 Positive mention(s)
11 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Cadence Design Systems
18 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Salesforce has higher revenue and earnings than Cadence Design Systems. Salesforce is trading at a lower price-to-earnings ratio than Cadence Design Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Salesforce$37.19B8.85$4.14B$6.0856.53
Cadence Design Systems$4.35B19.26$1.04B$3.8180.26

80.4% of Salesforce shares are held by institutional investors. Comparatively, 84.8% of Cadence Design Systems shares are held by institutional investors. 3.2% of Salesforce shares are held by company insiders. Comparatively, 2.0% of Cadence Design Systems shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Salesforce has a beta of 1.3, indicating that its share price is 30% more volatile than the S&P 500. Comparatively, Cadence Design Systems has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500.

Salesforce presently has a consensus target price of $378.86, indicating a potential upside of 10.22%. Cadence Design Systems has a consensus target price of $327.92, indicating a potential upside of 7.23%. Given Salesforce's stronger consensus rating and higher probable upside, equities research analysts clearly believe Salesforce is more favorable than Cadence Design Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Salesforce
0 Sell rating(s)
8 Hold rating(s)
29 Buy rating(s)
4 Strong Buy rating(s)
2.90
Cadence Design Systems
1 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.77

Salesforce received 2659 more outperform votes than Cadence Design Systems when rated by MarketBeat users. Likewise, 82.48% of users gave Salesforce an outperform vote while only 71.20% of users gave Cadence Design Systems an outperform vote.

CompanyUnderperformOutperform
SalesforceOutperform Votes
3240
82.48%
Underperform Votes
688
17.52%
Cadence Design SystemsOutperform Votes
581
71.20%
Underperform Votes
235
28.80%

Summary

Salesforce beats Cadence Design Systems on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CDNS vs. The Competition

MetricCadence Design SystemsPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$83.87B$25.88B$24.57B$9.19B
Dividend YieldN/A2.25%2.69%4.06%
P/E Ratio80.2698.61272.0217.36
Price / Sales19.2614.502,950.51132.47
Price / Cash68.5591.6433.8537.95
Price / Book24.4413.047.864.86
Net Income$1.04B$446.45M$659.60M$225.30M
7 Day Performance-0.97%-0.77%0.15%-1.30%
1 Month Performance3.90%18.73%11.43%7.24%
1 Year Performance11.81%32.40%27.90%22.01%

Cadence Design Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CDNS
Cadence Design Systems
4.4131 of 5 stars
$301.24
-3.2%
$327.92
+8.9%
+14.7%$82.62B$4.35B79.0711,200Insider Trade
Positive News
CRM
Salesforce
4.8935 of 5 stars
$354.67
+0.1%
$377.24
+6.4%
+34.2%$339.42B$37.19B58.4972,682Analyst Forecast
Options Volume
ADBE
Adobe
4.9339 of 5 stars
$465.00
-0.1%
$584.88
+25.8%
-22.1%$204.69B$21.51B37.5629,945Earnings Report
Short Interest ↓
Analyst Revision
INTU
Intuit
4.7918 of 5 stars
$667.68
+1.7%
$737.44
+10.4%
+11.4%$186.89B$16.59B63.7318,800
MSTR
MicroStrategy
4.757 of 5 stars
$430.29
+5.3%
$479.25
+11.4%
+577.4%$87.20B$467.24M-201.091,934
SNPS
Synopsys
4.9255 of 5 stars
$518.45
+2.0%
$649.00
+25.2%
-8.0%$79.64B$6.13B35.0120,300
WDAY
Workday
4.693 of 5 stars
$277.32
+1.3%
$290.64
+4.8%
+1.9%$73.77B$8.16B45.9818,800Analyst Forecast
Positive News
ADSK
Autodesk
4.7786 of 5 stars
$304.98
+0.4%
$323.05
+5.9%
+25.0%$65.57B$5.96B60.8514,100Analyst Forecast
Short Interest ↑
Positive News
FICO
Fair Isaac
4.7969 of 5 stars
$2,172.13
+0.1%
$2,022.67
-6.9%
+89.3%$52.89B$1.72B106.063,586Insider Trade
Positive News
ANSS
ANSYS
4.1757 of 5 stars
$341.56
+0.4%
$342.50
+0.3%
+16.1%$29.87B$2.47B52.516,200Positive News
TYL
Tyler Technologies
4.5836 of 5 stars
$613.53
+0.3%
$642.62
+4.7%
+48.1%$26.26B$1.95B111.627,300Insider Trade

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This page (NASDAQ:CDNS) was last updated on 12/18/2024 by MarketBeat.com Staff
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