Cree (CREE) Stock Price, News & Analysis

Company Overview

Cree, Inc. is an innovator of Wolfspeed power and radio frequency (RF) semiconductors. Its Wolfspeed product families include silicon carbide materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging inverters, power supplies, telecom and military and aerospace. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

Key Stats

• Today's Range: $9.44 to $10.20
• 50-Day Range: $78.36 to $96.60
• 52-Week Range: $60.56 to $129.90
• Volume: 8.73 million shs
• Average Volume: 1.55 million shs
• Market Capitalization: $1.12 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Cree Stock Analysis - MarketRank™

Cree scored higher than 4% of companies evaluated by MarketBeat, and ranked 645th out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cree.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Cree are expected to grow in the coming year, from ($1.42) to ($0.48) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cree is -2.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cree is -2.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Cree has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CREE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Cree does not currently pay a dividend.

Dividend Growth

Cree does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -1.67

Short Interest

There is no current short interest data available for CREE.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.29

News Coverage This Week

MarketBeat has tracked 8 news articles for Cree this week, compared to 8 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cree insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.36% of the stock of Cree is held by insiders.

CREE Stock Analysis - Frequently Asked Questions

How were Cree's earnings last quarter?

Cree, Inc. (NASDAQ:CREE) released its earnings results on Monday, August, 16th. The LED producer reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.01. The firm's revenue for the quarter was up 34.5% compared to the same quarter last year.

Does Cree have any subsidiaries?

Cree subsidiaries include these companies: Infineon Technologies - Radio Frequency (RF) Power Business, Arkansas Power Electronics International Inc, Ruud Lighting Inc, LED Lighting Fixtures, and Cree Hong Kong Limited.

What other stocks do shareholders of Cree own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cree investors own include NVIDIA (NVDA), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Alibaba Group (BABA) and Cisco Systems (CSCO).

Company Calendar

• Last Earnings: 8/16/2021
• Today: 10/02/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & Related Devices
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:CREE
• CUSIP: 22544710
• CIK: 895419
• Web: www.cree.com
• Phone: (919) 313-5300
• Fax: N/A
• Employees: 3,466
• Year Founded: 1987

Profitability

• EPS (Most Recent Fiscal Year): ($1.40)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-523,900,000.00
• Net Margins: -83.60%
• Pretax Margin: N/A
• Return on Equity: -7.29%
• Return on Assets: -4.50%

Debt

• Debt-to-Equity Ratio: 0.39
• Current Ratio: 3.29
• Quick Ratio: 2.92

Sales & Book Value

• Annual Sales: $525.60 million
• Price / Sales: 2.14
• Cash Flow: $0.00 per share
• Price / Cash Flow: 7,693.89
• Book Value: $18.33 per share
• Price / Book: 0.53

Miscellaneous

• Outstanding Shares: 115,885,000
• Free Float: N/A
• Market Cap: $1.12 billion
• Optionable: No Data
• Beta: 1.44