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CREE INC (NASD)
CREE 47.65 0.88 (1.88%) Vol.  202,567 10:05 ET

Day Low - High 47.41 - 48.10
52wk Low - High 12.57 - 48.63
Avg Volume 1,497,777
Industry ELEC COMP-SEMIC
Market Cap 4.75 B
Div - Yield 0.00 - 0.00
PE (forward) 47.77
PEG Ratio 2.81
Current Year Est. .98
EPS Last Year 0.57
Detailed Quote


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Zacks Rank Definition Annualized Return
#1 Strong Buy 26.51%
#2 Buy 16.63%
#3 Hold 7.53%
#4 Sell 2.01%
#5 Strong Sell -0.07%
S&P 500 8.70%
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upgraded 10/24/2009
Short-Term Rating 1-3 Months
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Long-Term Rating 6+ Months
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Updated as of 10/23/2009
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Premium Research: Industry Analysis

Top Peers Ticker Zacks Rank
CREE INC CREE PREMIUM
INTEGR SILI SOL ISSI PREMIUM
LSI CORP LSI PREMIUM
CONEXANT SYS CNXT PREMIUM
See all ELEC COMP-SEMIC Peers

BROKERAGE RECOMMENDATIONS
Current ABR 2.00
ABR (Last Week) 2.00
# of Recs in ABR 21
Average Target Price 45.62
Industry Rank by ABR 102 out of 217
Rank in Industry 37 out of 103
More Brokerage Recommendations

Zacks Community PeopleAndPicks.com
Community Rating

PeopleAndPicks.com Community Stock Ratings

Rating Recommendation % of Stocks
5 stars Strong Buy 10%
4 stars Buy 20%
3 stars Hold 40%
2 stars Sell 20%
1 stars Strong Sell 10%
0 stars Not Rated  

We believe that a community of investors working together can create a superior stock rating system. Some call this "collective intelligence". Or simply...together we can beat the market!

A stock's Community Rating is calculated based on the aggregate input of the PeopleAndPicks Community. The proportion of buy to sell ratings, recency of analysis, and the average score of the users who rate it favorably all factor into a score of one to five stars.


How do you rate CREE?
Buy
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Find out what the Zacks Community
thinks of CREE at PeopleAndPicks.com

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ZACKS COMMENTARY FOR CREE
Zacks Equity Research: Report for CREE
Oct 23, 2009
Zacks Blog: GOOG PowerMeter Much Smarter
Oct 07, 2009
Zacks Blog: Zacks Earnings Preview: Wal-Mart, J.C. Penney, Kohl's, Macy's, Cree, Inc. and Ethan Allen
Aug 10, 2009
Earnings Preview: Earnings Preview for Aug 10 - 14
Aug 07, 2009
Zacks Blog: Cree Brings LED City to S. Korea
Jul 17, 2009
More Zacks Commentary
NEWS
Cree Up 50.6% Since SmarTrend's Buy Recommendation
Nov 21, 2009
Sunovia Energy Wins LED Street Lighting Contract from Sarasota County
Nov 18, 2009
Cree Signs Agreement to Expand in Huizhou, China
Nov 14, 2009
Cree Up 50.2% Since SmarTrend's Buy Recommendation
Nov 11, 2009
Cree to Form LED Chip Production Base in China
Nov 10, 2009
More News
EARNINGS ESTIMATES
  This Quarter
12/2009
Next Quarter
03/2010
This Year
06/2010
Next Year
06/2011
Average Estimate 0.25 0.24 0.98 1.30
Number of Estimates 10 10 11 9
Low Estimates 0.23 0.19 0.67 1.04
High Estimate 0.27 0.27 1.10 1.72
Year Ago EPS 0.10 0.10 0.49 0.98
EPS Growth 147.00% 135.00% 99.81% 33.12%

More Estimates

COMPANY DESCRIPTION
Cree, Inc. is a market-leading innovator and manufacturer of semiconductors that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. Key to Cree's market advantage is its world-class materials expertise in silicon carbide and gallium nitride for chips and packaged devices that can handle more power in a smaller space while producing less heat than other available technologies, materials and products. Cree drives its increased performance technology into multiple applications, including exciting alternatives in brighter and more-tunable light for general illumination, backlighting for more-vivid displays, optimized power management for high-current switch-mode power supplies and variable-speed motors, and more-effective wireless infrastructure for data and voice communications. Cree customers range from innovative lighting-fixtures makers to defense-related federal agencies.

Full Company Report
FINANCIALS
EPS TTM .57
Sales 567.26
Net Income 45.43
Price/Earnings 82.05
Price/Book 2.78
Price/Cash Flow 29.35
Price/Sales 7.97


More Financials