|Bid||33.71 x 300|
|Ask||33.85 x 500|
|Day's range||32.90 - 34.31|
|52-week range||20.50 - 35.46|
|PE ratio (TTM)||-33.85|
|Earnings date||18 Jan 2016 - 22 Jan 2016|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||27.86|
There isn't much love for shares of Cree (CREE), but the stock found some Wednesday after reporting a loss of $20 million in the latest quarter combined with brighter guidance from a new leader that sent the stock higher by more than 16% Wednesday. Growth opportunities may be taking hold in some businesses, and for those who recommend dimming the lights on Cree, which produces semiconductor products and materials for lighting, power and radio frequency applications, it wasn't a good day. The stock closed at $34.16, well above the average target of about $28 based on 15 analyst estimates tracked by FactSet.
Cree shares surged by double digits Wednesday as its new chief executive fired up the LED lighting company's stock.
The Durham, North Carolina-based company said it had a loss of 20 cents per share. Earnings, adjusted for amortization costs and stock option expense, came to 4 cents per share. The results topped Wall ...
Shares of Cree Inc. fell more than 6% late Tuesday after the company met expectations for adjusted earnings and sales in the fiscal first quarter but provided a disappointing outlook for its second quarter. ...
Cree, Inc. today announced financial results for its first quarter of fiscal 2018, ended September 24, 2017. Revenue for the first quarter of fiscal 2018 was $360 million, which represents a 3% decrease compared to revenue of $371 million for the first quarter of fiscal 2017 and a slight increase compared to the fourth quarter of fiscal 2017.
Cree, Inc. announces a new family of XLamp® CMA High Current LED Arrays that provide the industry’s best lumen density and efficacy for metal-based chip-on-board LEDs.