A rating of 96 places Cadence Design Systems Inc (CDNS) at the top of the Software – Applications industry according to InvestorsObserver. Cadence Design Systems Inc’s score of 96 means it scores above 96% of industry stocks. Cadence Design Systems Inc also received an overall rating of 68, which puts it above 68% of all stocks. Software – Application is ranked 112 out of 148 industries.
What do these notes mean?
Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks to determine which ones perform best. InvestorsObserver makes the whole process easier by using percentile rankings that make it easy for you to find the stocks that have the strongest analyst valuations. Our proprietary rating system captures technical factors, fundamental analysis and the opinions of Wall Street analysts. This makes InvestorsObserverThe overall rating of is a great place to start, regardless of your investing style. Scores ranked in percentiles are also easy to understand. A score of 100 is high and a 0 is low. There’s no need to try to remember what’s “good” for a bunch of complicated ratios, just pay attention to the higher numbers.
What’s going on with Cadence Design Systems Inc stock today?
Cadence Design Systems Inc (CDNS) stock is up 0.44% while the S&P 500 fell -0.09% at 11:04 a.m. Wednesday, June 29. CDNS is up $0.66 from the previous closing price of $150.12 on volume of 293,706 shares. . Over the past year, the S&P 500 is down -11.04% while the CDNS is up 8.98%. CDNS has earned $2.68 per share over the past 12 months, giving it a price-earnings ratio of 56.32. Click here for the full Cadence Design Systems Inc. stock report.
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