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Last $25.52 USD
Change Today -0.10 / -0.39%
Volume 1.7M
CREE On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

cree inc (CREE) Snapshot

Open
$25.61
Previous Close
$25.62
Day High
$25.89
Day Low
$25.36
52 Week High
07/7/14 - $52.61
52 Week Low
07/1/15 - $25.21
Market Cap
2.8B
Average Volume 10 Days
2.8M
EPS TTM
$0.47
Shares Outstanding
109.1M
EX-Date
--
P/E TM
53.8x
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 Pushes Out New Products from its Silicon Drive Facility

Cree is pushing out new products from its Silicon Drive facility. This week, the firm announced another new product, dubbed the 'Candelabra Bulb'. The company confirms that design and assembly of the product was led at the company's Durham headquarters with assembly supported globally. In addition to Durham, the company maintains a manufacturing facility in China. The new bulbs are said to consume up to 88% less energy than traditional incandescent bulbs and are intended for candelabra fixtures, wall sconces and chandeliers. Available as 25- and 40-watt replacements, the bulbs retail for just under $20.

Cree to Consolidate Led Factories in North Carolina

Cree Inc.'s two Durham, N.C., LED factories will be consolidated into one as part of an announced segment restructuring. Part of Cree's restructuring plan involves consolidating the LED products business. LED business would be relocated out of the Durham, N.C.-based power and radio frequency facility in advance of the IPO - the power and RF spinout was announced earlier this year. The most-recent plan will mean $85 million in restructuring charges.

Cree, Inc. Provides Sales Guidance for the Fourth Quarter of 2015

Cree, Inc. provided sales guidance for the fourth quarter of 2015. The company now targets revenue to be about $375 million, which includes a $27 million revenue reserve.

 

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Industry Analysis

CREE

Industry Average

Valuation CREE Industry Range
Price/Earnings 57.0x
Price/Sales 1.7x
Price/Book 1.1x
Price/Cash Flow 35.4x
TEV/Sales 1.1x
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