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Is this Large Market Cap Stock target price reasonable for Cree, Inc. (NASDAQ:CREE)?

The company in question is, Cree, Inc. (NASDAQ:CREE) currently with a stock price of 24.96 (1.30% today). The market cap for Cree, Inc. is 2501.7, and is in the sector Technology, and Semiconductor Equipment & Materials industry. The target price for Cree, Inc. is 25.9. Currently Cree, Inc. is trading with a P/E of *TBA, and a forward P/E of 34.8. Average volume for Cree, Inc. is 1055.47 and so far today it is 264541.

Performance in the last year for Cree, Inc. has been -5.88%. For EPS growth, Cree, Inc. has seen a growth of 63.00%, and is looking to grow in the next year to 42.74%. More long term stats show that EPS growth has been -16.60% over the last five years and could be *TBA for the next five years. Cree, Inc. has seen sales growth quarter over quarter at 1.60%, with EPS growth quarter over quarter at 87.20%. The 20-day simple moving average is -0.71%, with the 200-day simple moving average coming to -4.70%.

Since the IPO date for Cree, Inc. on the 02/09/1993, Cree, Inc. has seen performance year to date to be -7.61%. With Cree, Inc. trading at 24.96, the dividend yield is *TBA, and the EPS is -0.21.

So could Cree, Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.55 and the P/B is at 1.05. The P/cash is 4.13, with P/free cash flow at 36.36.

Cree, Inc. ability to deal with debt shows that the current ratio is 5.2, and the quick ratio is 3.8. This is with long term debt/equity at 0.07, and total debt/equity at 0.07.

In terms of margins, Cree, Inc. has a gross margin of 30.10%, an operating margin of -0.60% and a profit margin of -1.30%.Payout ratio for Cree, Inc. is *TBA. Return on assets come to -0.80% with return on investment coming to -0.30%.

Insider ownership for Cree, Inc., is at 0.90% and institutional ownership comes to 85.20%. Outstanding shares are at 101.53. While shares float is 100.13. The float short is currently 10.09%, and short ratio is 9.58.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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