Cree Inc. (CREE)

CREE (NASDAQ:Electronics)
$56.54
pos +0.16
+0.28%
Today's Range: 55.56 - 57.15 | CREE Avg Daily Volume: 1,988,500
Last Update: 04/17/14 - 4:00 PM EDT
Volume: 1,659,869
YTD Performance: -9.56%
Open: $56.38
Previous Close: $56.38
52 Week Range: $52.04 - $76.00
Oustanding Shares: 121,670,615
Market Cap: 6,859,789,274
6-Month Chart
TheStreet Ratings Grade for CREE
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 5 4 5 3
Moderate Buy 2 1 1 1
Hold 6 10 9 9
Moderate Sell 1 1 1 1
Strong Sell 1 1 1 1
Mean Rec. 2.40 2.65 2.53 2.73
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 63.86
Price Earnings Comparisons:
CREE Sector Avg. S&P 500
63.86 58.70 29.01
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-9.54% 5.49% 37.00%
GROWTH 12 Mo 3 Yr CAGR
Revenue 19.00 0.60 0.17
Net Income 95.70 -0.43 -0.17
EPS 91.20 -0.50 -0.20
Earnings for CREE:
EBITDA 0.26B
Revenue 1.39B
Average Earnings Estimates
Qtr (03/14) Qtr (06/14) FY (06/14) FY (06/15)
Average Estimate $0.29 $0.35 $1.28 $1.82
Number of Analysts 3 3 3 2
High Estimate $0.31 $0.36 $1.28 $1.83
Low Estimate $0.28 $0.35 $1.27 $1.81
Prior Year $0.25 $0.28 $0.95 $1.28
Growth Rate (Year over Year) 17.33% 26.19% 34.39% 42.56%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
Bullish
Apr 16, 2014 | 8:00 AM EDT
CREE was upgraded from Hold to Buy, Needham said. $64 price target. Company should benefit from higher demand for LED lighting. ...
Bullish
Apr 11, 2014 | 8:24 AM EDT
CREE was upgraded from Neutral to Buy, DA Davidson said. $70 price target. Business fundamentals are likely to improve. 
And a vast amount of economic data is due in the next few days.

Shining a Light on LEDs Real Money Pro($)

Can LED producers and suppliers stand up to the scrutiny?
Bearish
Jan 22, 2014 | 8:26 AM EST
Shares of CREE now seen reaching $73, according to Wedbush. Estimates also reduced, given increased price competition. Outperform ratin...
Over $190 and the inverse-head-and-shoulders targets a move to $196.
It is a minefield with many blowups but big winners may emerge.
Automotive and tech firms are finding new applications for light-emitting diodes.

How China Is Winning in Tech Real Money Pro($)

Onetime manufacturing partners are becoming name brands.
Home Depot, Dick's and Best Buy should all be bought on any pullbacks.

Columnist Conversations

There were nice reversal-type candles on the weekly charts of the major indices. The DOW and the S&P forme...
A number of stocks on my watch lists are attempting to form positive candles a key support levels. I noted th...
Lang:
While last week was a day to pull the plug and contemplate where the market was headed, I waited for some conf...

REAL MONEY'S BEST IDEAS

Columnist Tweets

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.