Cree Inc (CREE)

CREE (NASDAQ:Electronics)
$48.51
pos +0.49
+1.02%
Today's Range: 47.36 - 48.55 | CREE Avg Daily Volume: 1,778,400
Last Update: 07/28/14 - 4:00 PM EDT
Volume: 1,072,545
YTD Performance: -22.41%
Open: $48.20
Previous Close: $48.02
52 Week Range: $44.52 - $76.00
Oustanding Shares: 121,938,248
Market Cap: 5,855,474,669
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 7 6 6 5
Moderate Buy 2 2 2 2
Hold 6 7 6 7
Moderate Sell 1 1 1 1
Strong Sell 1 1 1 1
Mean Rec. 2.24 2.35 2.31 2.44
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 47.54
Price Earnings Comparisons:
CREE Sector Avg. S&P 500
47.54 48.00 28.94
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
4.03% -28.69% 48.85%
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 (06/14) Qtr (09/14) FY (06/14) FY (06/15)
Average Estimate $0.31 $0.37 $1.22 $1.61
Number of Analysts 3 2 3 3
High Estimate $0.33 $0.38 $1.24 $1.67
Low Estimate $0.30 $0.36 $1.19 $1.53
Prior Year $0.28 $0.30 $0.95 $1.22
Growth Rate (Year over Year) 11.90% 23.33% 28.07% 32.60%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
Earnings beats are plentiful, but guidance is less than stellar.

The LED Boom Real Money Pro($)

This fast-growing industry is brimming with possibilities. Put these names on your radar.

Cree's Giving Signals Real Money Pro($)

Let's see how these signals have traded in the past.
Bearish
Apr 23, 2014 | 8:26 AM EDT
Shares of CREE now seen reaching $65, according to Sterne Agee. Estimates also reduced, as the company is realizing lower lighting marg...
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.

Columnist Conversations

BP
BP beat estimates for 2Q with $1B in net income from Rosneft. CEO Dudley is giving assurances that the dividen...
Sent March 21: "Now the HSCEI index has generated a new long-term oversold signal with the first bounce level ...
Earnings reports continue to come in fast and furious. A couple of quick observations on corporate results an...
Lang:
With a first look GDP coming out this am (I'm looking for 3.3% but we might have a hot deflator above 2.1%) an...

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.