Cree, Inc. provides lighting-class light emitting diode (LED) and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, and internationally. More Details
High growth potential with adequate balance sheet.
Share Price & News
How has Cree's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CREE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: CREE's weekly volatility (11%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CREE exceeded the US Semiconductor industry which returned 61% over the past year.
Return vs Market: CREE exceeded the US Market which returned 50.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Cree's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StCan You Imagine How Elated Cree's (NASDAQ:CREE) Shareholders Feel About Its 328% Share Price Gain?
1 month ago | Simply Wall StWhen Should You Buy Cree, Inc. (NASDAQ:CREE)?
2 months ago | Simply Wall StWhen Will Cree, Inc. (NASDAQ:CREE) Turn A Profit?
Is Cree undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CREE ($91.82) is trading above our estimate of fair value ($19.2)
Significantly Below Fair Value: CREE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CREE is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.
PE vs Market: CREE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CREE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CREE is overvalued based on its PB Ratio (4.7x) compared to the US Semiconductor industry average (4.3x).
How is Cree forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CREE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CREE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CREE's is expected to become profitable in the next 3 years.
Revenue vs Market: CREE's revenue (26.5% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: CREE's revenue (26.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CREE's Return on Equity is forecast to be low in 3 years time (5%).
How has Cree performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CREE is currently unprofitable.
Growing Profit Margin: CREE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CREE is unprofitable, and losses have increased over the past 5 years at a rate of 38.8% per year.
Accelerating Growth: Unable to compare CREE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CREE is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (47%).
Return on Equity
High ROE: CREE has a negative Return on Equity (-10.38%), as it is currently unprofitable.
How is Cree's financial position?
Financial Position Analysis
Short Term Liabilities: CREE's short term assets ($1.6B) exceed its short term liabilities ($382.8M).
Long Term Liabilities: CREE's short term assets ($1.6B) exceed its long term liabilities ($877.9M).
Debt to Equity History and Analysis
Debt Level: CREE's debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: CREE's debt to equity ratio has increased from 9.5% to 36.2% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CREE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CREE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Cree current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CREE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CREE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CREE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CREE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CREE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gregg Lowe (57 yo)
Mr. Gregg A. Lowe has been the President and Chief Executive Officer at Cree, Inc. since September 27, 2017. Mr. Lowe served as Chief Executive Officer and President at NXP USA, Inc. since June 05, 2012 un...
CEO Compensation Analysis
Compensation vs Market: Gregg's total compensation ($USD6.78M) is below average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Gregg's compensation has been consistent with company performance over the past year.
Experienced Management: CREE's management team is considered experienced (3.3 years average tenure).
Experienced Board: CREE's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CREE insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.8%.
Cree, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Cree, Inc.
- Ticker: CREE
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$10.603b
- Shares outstanding: 115.47m
- Website: https://www.cree.com
Number of Employees
- Cree, Inc.
- 4600 Silicon Drive
- North Carolina
- United States
Cree, Inc. provides lighting-class light emitting diode (LED) and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, and internationally. It operate...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 22:08|
|End of Day Share Price||2021/05/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.