Cree Stock Quote Insights and Financial Performance

Cree is a leading manufacturer of LED lighting and semiconductor products, and its stock performance is a key indicator of the company's financial health.

Cree's stock has consistently outperformed the market, with a 5-year average annual return of 14.6%, significantly higher than the S&P 500's average annual return of 10.3%.

The company's strong financial performance is reflected in its revenue growth, which has increased by 15% year-over-year in the past quarter.

Cree's net income has also shown significant improvement, with a 20% increase in net income margin over the past year.

Cree, the global leader in Silicon Carbide technology, has undergone a significant transformation in the past four years. This transformation involved the divestiture of two-thirds of the business and a repositioning of the company.

Cree's common stock is now listed on the New York Stock Exchange (NYSE) under the new ticker symbol "WOLF". This change reflects the company's renewed focus on its Wolfspeed business.

The transfer of the listing to the NYSE is a significant development for Cree.

Cree, Inc. announced revenue from continuing operations of $145.8 million for its fourth quarter of fiscal 2021, ended June 27, 2021, representing a 35% increase compared to the same period in the previous year.

Cree, Inc. reported its fourth quarter fiscal 2021 earnings on August 17, 2021, through a conference call and audio webcast.

This significant revenue growth suggests that Cree's business is thriving, and investors may be eager to see how this momentum continues into future quarters.

Cree, Inc. reported revenue from continuing operations of $145.8 million for its fourth quarter of fiscal 2021, which ended June 27, 2021. This represents a 35% increase compared to previous quarters.

Cree, Inc. announced its financial results for the fourth quarter of fiscal 2021 on a specific date. The company's financial results were announced on a certain day, but the exact date is not specified in the article.

The revenue increase is a significant milestone for the company, demonstrating its growth and progress in the industry. This achievement is a testament to the company's innovative technologies and strategies.

Cree, Inc. will conduct a conference call and audio webcast to discuss its fourth quarter fiscal 2021 earnings on August 17, 2021. This event will provide investors and stakeholders with a deeper understanding of the company's financial performance.

The company's financial results are a crucial aspect of its overall performance, and investors closely monitor these numbers to make informed decisions.

Cree stock is trading at a relatively low price-to-earnings ratio of 10.5, compared to its industry average of 14.1.

This low ratio suggests that Cree stock might be a bargain, especially considering the company's strong revenue growth of 12% year-over-year.

However, investors should also consider the company's net income margin of 4.5%, which is lower than the industry average of 7.3%.

Despite this, Cree's operating cash flow of $143 million is a significant indicator of the company's financial health.

The company's debt-to-equity ratio of 0.3 is also a positive sign, indicating that Cree has a manageable level of debt.

Cree's revenue growth is largely driven by its Wolfspeed segment, which generated $245 million in revenue in the last quarter.

The segment's growth is expected to continue, driven by increasing demand for Cree's silicon carbide wafers.

However, investors should be cautious of the company's declining gross margin, which fell to 32.6% in the last quarter.

This decline is largely due to higher raw material costs and lower pricing power.

Despite this, Cree's management team is optimistic about the company's future prospects, citing growth in the electric vehicle and renewable energy markets.

Cree, Inc. has expanded its 150mm silicon carbide wafer supply agreement with STMicroelectronics, solidifying its leadership in the industry.

Cree is the global leader in silicon carbide technology through its Wolfspeed business.

This expansion will help meet the growing demand for silicon carbide wafers, which are crucial for the development of high-power electronics.

Cree has also announced the expansion of its operations leadership team, indicating a strategic move to strengthen its internal capabilities.

The company is committed to driving innovation and growth in the silicon carbide market.

Cree, Inc. has raised $23M over 5 rounds, with its latest funding round being Acquired - III on September 14, 2023. This round was led by CLNA Holdings.

The company's valuation has been significant, with a valuation of $97.61M in February 2008. Here are some key funding rounds and their corresponding valuations:

When evaluating a company's financial health, it's essential to consider its dividend and buyback activities.

A company's dividend and buyback activities can indicate its confidence in its future growth and profitability. The 3-Year Average Share Buyback Ratio of -3 suggests that the company has been repurchasing its shares at a rate of 3% over the past three years.

Shareholder Yield % is another crucial metric to consider. A Shareholder Yield % of -209.24 indicates that the company's dividend yield and share buyback yield have been negative, suggesting that investors are not receiving a positive return on their investment.

To better understand a company's dividend and buyback activities, let's examine some key metrics:

The GF Value Rank is a crucial metric for investors to consider when evaluating a company's stock. It's essentially a measure of a stock's value relative to its peers and its own history.

One way to think about it is to look at the Price-to-Tangible-Book ratio, which is 3.12 in this example. This means that the company's stock price is approximately 3.12 times its tangible book value.

The Price-to-GF-Value ratio is another important aspect of the GF Value Rank. In this example, it's 0.05, indicating that the stock price is only 5% of the company's estimated intrinsic value.

Here's a brief summary of the key metrics:

These metrics give us a better understanding of the company's valuation and its potential for growth.

Cree Lighting has raised a significant amount of money over the years, with a total of $23M raised across 5 rounds.

One of the most recent funding rounds was a Acquired - III round, which was completed on September 14, 2023, and involved investors CLNA Holdings.

The valuation of Cree Lighting has also fluctuated over time, with a valuation of $97.61M in February 2008.

Here's a breakdown of the funding rounds and valuations:

Revenue figures are not publicly available for all of these funding rounds, but they will be made available in the future.