The shares of Cypress Semiconductor Corporation (CY), currently has mean rating of Outperform while 2 analysts have recommended the shares as BUY, 8 recommended as OUTPERFORM and 4 recommended as HOLD. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Mar 16 is $425.14M by 14 analysts. The mean estimate of sales for the year ending Dec 16 is $1.81B by 16 analysts.

The mean price target for the shares of Company is at $10.27 while the highest price target suggested by the analysts is $15 and low price target is $7.75. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The average estimate of EPS for the current fiscal quarter for Company stands at $0.06 while the EPS for the current year is fixed at $0.45 by 14 analysts.

The next one year’s EPS estimate is set at $0.81 by 15 analysts while revenue forecast for the same year is $1.90B. The analysts also projected the company’s long-term growth at 22.9 percent for the upcoming five years.

In its latest quarter Cypress Semiconductor Corporation reported earnings of $0.13 a share. The posted earnings met the analyst’s consensus of $0.13 per share with the surprise factor of 0 percent. In the matter of earnings surprises, the term Cockroach Effect is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On February 24, 2016, Cypress Semiconductor Corporation (CY) announced that its Board of Directors has approved a quarterly cash distribution of $0.11 per share payable to holders of record of the Company’s common stock at the close of business on March 31, 2016. This dividend will be paid on April 21, 2016.

For US income tax purposes, Cypress will make a determination as to whether 2016 distributions are to be treated as a return of capital or a dividend after the Company’s 2016 fiscal year end. At this time we anticipate that 2016 distributions will be taxable dividends and should be treated accordingly until a final determination can be made. Cypress’s distribution policy and the payment of cash distributions under that policy are subject to the Board’s continuing determination that the distribution policy and the declaration of dividends are in the best interests of Cypress’s stockholders and are in compliance with all laws and agreements of Cypress applicable to the declaration and payment of cash distributions. This policy may be changed or canceled at the Company’s discretion at any time.

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