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Credo Technology Group (CRDO)

(Delayed Data from NSDQ)

$18.56 USD

18.56
1,475,145

+0.39 (2.15%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $18.57 +0.01 (0.05%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value D Growth B Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 44% (141 out of 252)

Industry: Technology Services

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Balance Sheet

Research for CRDO

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Credo Technology Group Holding Ltd falls in the month of April.

All items in Millions except Per Share data.

4/30/2023 4/30/2022 4/30/2021 4/30/2020 4/30/2019
Assets          
Cash & Equivalents 218 259 104 74 -99,999
Receivables 50 30 14 14 NA
Notes Receivable 0 0 0 0 NA
Inventories 46 27 7 2 NA
Other Current Assets 15 16 13 5 NA
Total Current Assets 328 332 138 96 NA
Net Property & Equipment 40 22 14 11 NA
Investments & Advances 0 0 0 0 NA
Other Non-Current Assets 0 0 0 0 NA
Deferred Charges 0 0 0 1 NA
Intangibles 0 0 0 0 NA
Deposits & Other Assets 14 5 3 1 NA
Total Assets 397 376 155 108 NA
Liabilities & Shareholders Equity 4/30/2023 4/30/2022 4/30/2021 4/30/2020 4/30/2019
Notes Payable 0 0 0 0 NA
Accounts Payable 6 8 4 2 NA
Current Portion Long-Term Debt 0 0 0 0 NA
Current Portion Capital Leases 0 0 0 0 NA
Accrued Expenses 21 17 4 11 NA
Income Taxes Payable 0 0 1 1 NA
Other Current Liabilities 4 1 4 5 NA
Total Current Liabilities 31 27 13 19 NA
Mortgages 0 0 0 0 NA
Deferred Taxes/Income 0 0 0 0 NA
Convertible Debt 0 0 0 0 NA
Long-Term Debt 0 0 0 0 NA
Non-Current Capital Leases 0 0 0 0 NA
Other Non-Current Liabilities 6 0 0 0 NA
Minority Interest (Liabilities) 0 0 0 0 NA
Total Liabilities 50 42 13 19 NA
Shareholders Equity 4/30/2023 4/30/2022 4/30/2021 4/30/2020 4/30/2019
Preferred Stock 0 0 198 99 NA
Common Stock (Par) 0 0 0 0 NA
Capital Surplus 455 425 13 10 NA
Retained Earnings -107 -90 -68 -19 NA
Other Equity 0 0 0 0 NA
Treasury Stock 0 0 0 0 NA
Total Shareholder's Equity 348 334 143 89 NA
Total Liabilities & Shareholder's Equity 397 376 155 108 NA
Total Common Equity 348 334 -55 -9 0
Shares Outstanding 148.50 144.80 NA NA NA
Book Value Per Share 2.34 2.31 0.00 0.00 0.00

Fiscal Year End for Credo Technology Group Holding Ltd falls in the month of April.

All items in Millions except Per Share data.

1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Assets          
Cash & Equivalents 409 241 238 218 233
Receivables 45 33 28 50 43
Notes Receivable 0 0 0 0 0
Inventories 32 36 41 46 50
Other Current Assets 26 19 14 15 24
Total Current Assets 511 328 321 328 350
Net Property & Equipment 45 45 44 40 39
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 22 19 16 14 13
Total Assets 592 406 396 397 417
Liabilities & Shareholders Equity 1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Notes Payable 0 0 0 0 0
Accounts Payable 10 11 8 6 21
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 25 21 20 21 19
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 5 5 3 4 4
Total Current Liabilities 40 37 31 31 43
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 7 5 6 6
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 59 56 48 50 63
Shareholders Equity 1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 659 475 466 455 446
Retained Earnings -125 -125 -119 -107 -91
Other Equity 0 -1 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 534 350 347 348 355
Total Liabilities & Shareholder's Equity 592 406 396 397 417
Total Common Equity 534 350 347 348 355
Shares Outstanding 163.20 150.60 149.00 148.50 147.90
Book Value Per Share 3.27 2.32 2.33 2.34 2.40