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Last $35.10 USD
Change Today -0.06 / -0.17%
Volume 1.9M
CREE On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:10 PM 04/20/15 All times are local (Market data is delayed by at least 15 minutes).

cree inc (CREE) Snapshot

Open
$35.31
Previous Close
$35.16
Day High
$35.55
Day Low
$34.72
52 Week High
04/22/14 - $58.98
52 Week Low
10/22/14 - $27.25
Market Cap
3.9B
Average Volume 10 Days
1.3M
EPS TTM
$0.68
Shares Outstanding
111.6M
EX-Date
--
P/E TM
51.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for CREE INC (CREE)

cree inc (CREE) Related Businessweek News

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cree inc (CREE) Details

Cree, Inc. develops, manufactures, and sells lighting-class light emitting diode (LED), lighting, and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally. The company’s LED Products segment provides blue and green LED chips that are used in various applications, including video screens, gaming displays, function indicator lights and automotive backlighting, headlamps, and directional indicators; LED components comprising packaged LED products for lighting applications, and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications; and silicon carbide (SiC) materials, which are used in manufacturing products for RF, power switching, gemstone, and other applications. Its Lighting Products segment offers LED and traditional lighting systems for use in settings, such as office and retail space, restaurants and hospitality, schools and universities, manufacturing, healthcare, airports, municipal, residential, street lighting, parking structures, and other applications. This segment sells its products to distributors, retailers, and customers. The company’s Power and RF Products segment provides SiC-based power products, such as Schottky diodes, SiC metal semiconductor field-effect transistors, and SiC power modules that are used in power supplies in computer servers, solar inverters, uninterruptible and industrial power supplies, and other applications; and RF devices, including a range of GaN high electron mobility transistors (HEMTs) and monolithic microwave integrated circuits (MMICs) for military, telecom, and other commercial applications, as well as provides foundry services for GaN HEMTs and MMICs that allow customers to design their own custom RF circuits. Cree, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.

7,130 Employees
Last Reported Date: 08/27/14
Founded in 1987

cree inc (CREE) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $742.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $391.9K
Vice Chairman of Lighting and Director
Total Annual Compensation: $439.3K
Executive Vice President of Lighting
Total Annual Compensation: $379.2K
Vice President of Lighting Operations
Total Annual Compensation: $307.8K
Compensation as of Fiscal Year 2014.

cree inc (CREE) Key Developments

Cree, Inc. Introduces High Performing LED Module

Cree, Inc. announced on its Cree LMH2 LED Module family with the introduction of the LMH2+, the high performing LED module, delivering 30% better performance than the previous generation in the same form factor. Providing efficacy of 125 lumens per watt with color-quality greater than 90 CRI, the LMH2+ is the only LED module that allows lighting manufacturers to achieve a system efficacy of 100 lumens-per-watt with high light quality. Featuring elements of Cree’s innovative SC5 Technology™ Platform, the groundbreaking efficacy of the LMH2+ drives new applications, enables smaller luminaires and lowers system cost. The LMH2+ allows lighting manufacturers to address more challenging installations such as those with space constraints or higher ambient temperatures. The LMH2+ is a drop-in upgrade for LMH2-based designs, providing an immediate boost in performance compared to the previous generation. Like all LMH2 modules, the LMH2+ delivers the same efficacy across all color temperatures. Lighting manufacturers can also leverage existing ecosystems, tooling and optic design elements to accelerate time to market and lower design cost. In addition, UL® rating will be available for maximum and nominal currents to provide more driver options and design flexibility. The LMH2+ LED Module is available at 1,250, 2,000 and 3,000 lumens and in color temperatures of 2,700 K, 3,000 K, 3,500 K and 4,000 K at 90+ CRI. Designed for 50,000 hours of operation and dimmable to 5%, the LMH2+ is backed by Cree’s five year warranty. Luminaire makers seeking ENERGY STAR® qualification will have access to specification and performance data, including LM-80 reports, which can speed regulatory approvals. Samples and production quantities are available with standard lead times from Cree distributors.

Cree Inc Introduces TW Series LED T8 Tube Replacement

Cree Inc. announced that it has expanded its LED bulb portfolio with the TW Series LED T8 Tube Replacement. Designed for simple, wire-free installation, the Cree TW Series LED T8 Tube provides industry leading compatibility, besting the competition in light quality and performance, all at an affordable price. Available as 32-watt replacements, the TW Series LED T8 Tube Replacements are sold at The Home Depot stores starting at just $21.97 and consuming up to 42% less energy than the 32W fluorescent tubes they replace. Designed to look like the fluorescent tubes it replaces while providing far superior illumination, the Cree TW Series LED T8 Tube Replacement delivers an unmatched 90+ Color Rendering Index (CRI) in 2700 K Soft White or 4000 K Cool White color temperatures to provide beautiful, natural light for kitchens, closets, garages, laundry rooms and more. Providing high ballast compatibility, Cree's LED T8 Tube Replacement installs quickly and easily as a one-for-one replacement with instant start, rapid start and dimmable electronic ballasts, with no rewiring needed. Outperforming fluorescent tubes and other popular LED replacements, the Cree TW Series LED T8 Tube Replacements turn on instantly, are dimmable with most standard dimmers, last 50,000 hours and feature a durable, shatter-proof design to deliver high-quality light for years, all backed by a five-year warranty.

Cree Rises On Market Speculation

There are market rumors that Cree, Inc. (NasdaqGS:CREE) has hired an advisor to explore strategic alternatives. Shares of the company rose due to speculations.

 

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Industry Analysis

CREE

Industry Average

Valuation CREE Industry Range
Price/Earnings 52.2x
Price/Sales 2.4x
Price/Book 1.4x
Price/Cash Flow 36.2x
TEV/Sales 1.8x
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