The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cypress Semiconductor's revenues will wither 19.9% and EPS will contract 43.8%.
The average estimate for revenue is $204.2 million. On the bottom line, the average EPS estimate is $0.18.
Last quarter, Cypress Semiconductor reported revenue of $185.1 million. GAAP reported sales were 21% lower than the prior-year quarter's $233.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.12. GAAP EPS were -$0.13 for Q1 compared to $0.28 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 49.6%, 560 basis points worse than the prior-year quarter. Operating margin was -9.4%, 1,860 basis points worse than the prior-year quarter. Net margin was -10.5%, 3,430 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $851.6 million. The average EPS estimate is $0.84.
The stock has a four-star rating (out of five) at Motley Fool CAPS. Among 197 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 184 give Cypress Semiconductor a green thumbs-up, and 13 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cypress Semiconductor is outperform, with an average price target of $18.97.
Is Cypress Semiconductor the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead on our free report: "The Next Trillion-Dollar Revolution." Click here for instant access to this free report.
- Add Cypress Semiconductor to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Motley Fool newsletter services have recommended buying shares of Cypress Semiconductor. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.