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-0.000766561768740409 -0.000363108206245475 0.0044379891874445 0.00167433228435404 0.00145243282498178 0.00272331154684089 0.00609214879367381 0.0108529008311143
Stock impact report

Should You Think About Buying Cadence Design Systems, Inc. (NASDAQ:CDNS) Now? [Yahoo! Finance]

Cadence Design Systems, Inc. (CDNS) 
Last cadence design systems, inc. earnings: 4/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Let's take a look at Cadence Design Systems's outlook and value based on the most recent financial data to see if the opportunity still exists. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Cadence Design Systems appears to be expensive according to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 68.8x is currently well-above the industry average of 30.32x, meaning th Show less Read more
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