CRDO:NSD-Credo Technology Group Holding Ltd (USD)

COMMON STOCK | Communication Equipment | NSD

Last Closing Price

USD 11.29

Change

0.00 (0.00)%

Market Cap

USD 1.64B

Volume

0.27M

Avg Analyst Target

USD 19.67 (+74.20%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


CRDO Stock Forecast & Price:
Based on the Credo Technology Group Holding Ltd stock forecasts from 8 analysts, the average analyst target price for Credo Technology Group Holding Ltd is USD 19.67 over the next 12 months. Credo Technology Group Holding Ltd’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Credo Technology Group Holding Ltd is Bearish, which is based on 1 positive signals and 3 negative signals. At the last closing, Credo Technology Group Holding Ltd’s stock price was USD 11.29. Credo Technology Group Holding Ltd’s stock price has changed by -4.65% over the past week, -12.55% over the past month and 0% over the last year.

About Credo Technology Group Holding Ltd (CRDO:NSD)

Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-07-04 )

Largest Industry Peers for Communication Equipment

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
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ZBRA Zebra Technologies Corporation

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LITE Lumentum Holdings Inc

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ACIA Acacia Communications, Inc

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USD4.90B 71.91 44.50
VIAV Viavi Solutions Inc

N/A

USD2.98B 78.95 20.20
VSAT ViaSat Inc

N/A

USD2.10B 141.76 9.62
SATS EchoStar Corporation

N/A

USD1.64B 18.68 2.55
PI Impinj Inc

N/A

USD1.39B 273.30 -34.93
COMM Commscope Hlding

N/A

USD1.24B 22.51 14.36

ETFs Containing CRDO

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Communication Equipment)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 1.64B 86% B 77% C+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Communication Equipment)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A N/A N/A
Price/Book Ratio 5.17 20% F 16% F
Price / Cash Flow Ratio -53.21 98% A+ 87% B+
EV/EBITDA -105.80 94% A 96% A
Management Effectiveness  
Return on Equity -9.30% 41% F 42% F
Return on Invested Capital -15.79% 22% F 34% F
Return on Assets -4.02% 24% F 37% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 13.19 8% F 5% F
Short Percent 5.77% 33% F 32% F
Beta N/A N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.