Cadence(US:CDNS) ZACKSยท2025-07-16 22:51Company Performance - Cadence Design Systems (CDNS) closed at $314.58, reflecting a -1.09% change from the previous day, underperforming the S&P 500's gain of 0.32% [1] - Over the past month, CDNS shares appreciated by 6.37%, underperforming the Computer and Technology sector's gain of 7.22% but outperforming the S&P 500's gain of 4.51% [2] Upcoming Earnings - The company's earnings report is scheduled for July 28, 2025, with an anticipated EPS of $1.57, representing a 22.66% increase year-over-year [3] - Revenue is expected to reach $1.26 billion, indicating an 18.8% rise compared to the same quarter last year [3] - For the full year, analysts expect earnings of $6.77 per share and revenue of $5.2 billion, marking changes of +13.4% and +11.99% respectively from the previous year [4] Analyst Estimates and Rankings - Recent changes to analyst estimates for Cadence Design Systems indicate a positive outlook, reflecting analyst optimism regarding business and profitability [5] - The Zacks Rank system, which includes estimate changes, currently ranks Cadence Design Systems at 3 (Hold) [7] Valuation Metrics - Cadence Design Systems is trading at a Forward P/E ratio of 46.96, which is a premium compared to the industry average of 25.34 [8] - The company has a PEG ratio of 3.49, higher than the Computer - Software industry's average PEG ratio of 2.37 [9] Industry Context - The Computer - Software industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 36, placing it in the top 15% of all industries [10]