CRDO

Credo Technology Group Holding Ltd [CRDO] Stock Forecast

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In the News

03:58 08 Jun 2023 CRDO

Credo Technology Group stock surges on 4Q financial results

Credo Technology Group Holding Ltd shares climbed 24% to $16.66 on Thursday after the developer of connectivity solutions and products for the data infrastructure market reported fourth-quarter fiscal 2023 revenue that fell 15% year over year to $32.1 million, but surpassed the $31.3 million FactSet consensus estimate. Credo's loss for the quarter swelled to $15.9 million, or $0.11 a share, from a loss of $5.4 million, or $0.04 a share, a year earlier, although the company's adjusted loss of $0.04 a share matched expectations.

10:04 08 Jun 2023 CRDO

Credo Technology Group Holding Ltd (CRDO) Q4 2023 Earnings Call Transcript

Credo Technology Group Holding Ltd (NASDAQ:CRDO ) Q4 2023 Earnings Conference Call May 31, 2023 5:00 PM ET Company Participants Dan O'Neil - Vice President-Corporate Development & Investor Relations Bill Brennan - Chief Executive Officer Dan Fleming - Chief Financial Officer Conference Call Participants Tore Svanberg - Stifel Quinn Bolton - Needham & Company Suji Desilva - Roth Capital Karl Akerman - BNP Vivek Arya - Bank of America Operator Good day, and thank you for standing by. Welcome to the Credo Q4 Fiscal Year 2023 Earnings Conference Call.

06:47 08 Jun 2023 CRDO

Credo Technology Group Holding Ltd. (CRDO) Reports Q4 Loss, Tops Revenue Estimates

Credo Technology Group Holding Ltd. (CRDO) came out with a quarterly loss of $0.04 per share in line with the Zacks Consensus Estimate.

11:35 08 Jun 2023 CRDO

Strength Seen in Credo Technology Group Holding Ltd. (CRDO): Can Its 9.6% Jump Turn into More Strength?

Credo Technology Group Holding Ltd. (CRDO) witnessed a jump in share price last session on above-average trading volume.

09:00 08 Jun 2023 CRDO

Credo to Present at Stifel 2023 Cross Sector Insight Conference

SAN JOSE, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Bill Brennan, CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.

08:52 08 Jun 2023 CRDO

Top 5 Tech Stocks Which You'll Regret Missing This Quarter - Credo Technology Group (NASDAQ:CRDO), Clearfield (NASDAQ:CLFD)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

10:05 08 Jun 2023 CRDO

Credo Technology Group Holding Ltd (CRDO) Q3 2023 Earnings Call Transcript

Credo Technology Group Holding Ltd (NASDAQ:CRDO ) Q3 2023 Earnings Conference Call March 1, 2023 5:00 PM ET Company Participants Dan O'Neil - Vice President-Corporate Development & Investor Relations Bill Brennan - Chief Executive Officer Dan Fleming - Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs Quinn Bolton - Needham & Company Tore Svanberg - Stifel Suji Desilva - ROTH Capital Vivek Arya - Bank of America Karl Ackerman - BNP Paribas Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in listen-only mode.

06:48 08 Jun 2023 CRDO

Credo Technology Group Holding Ltd. (CRDO) Tops Q3 Earnings and Revenue Estimates

Credo Technology Group Holding Ltd. (CRDO) delivered earnings and revenue surprises of 25% and 4.37%, respectively, for the quarter ended January 2023.

04:05 08 Jun 2023 CRDO

Credo to Present at 35th Annual Roth Conference

SAN JOSE, Calif., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Bill Brennan, CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.

12:03 08 Jun 2023 CRDO

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CRDO Financial details

Company Rating
Buy
Market Cap
2.45B
Income
-16.55M
Revenue
184.19M
Book val./share
2.35
Cash/share
1.47
Dividend
-
Dividend %
-
Employees
382
Optionable
No
Shortable
Yes
Earnings
29 Aug 2023
P/E
-144.12
Forward P/E
-
PEG
26.4
P/S
12.98
P/B
6.86
P/C
10.91
P/FCF
-63.11
Quick Ratio
8.92
Current Ratio
10.58
Debt / Equity
0.14
LT Debt / Equity
0.04
-
-
EPS (TTM)
-0.11
EPS next Y
-
EPS next Q
-
EPS this Y
-
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
-
Revenue last 5Y
-
Revenue Q/Q
-40.87%
EPS Q/Q
-650%
-
-
-
-
SMA20
100%
SMA50
77.78%
SMA100
14.29%
Inst Own
48.3%
Inst Trans
2.56%
ROA
-4%
ROE
-5%
ROC
-0.05%
Gross Margin
58%
Oper. Margin
-10%
Profit Margin
-9%
Payout
-
Shs Outstand
148.57M
Shs Float
96.69M
-
-
-
-
Target Price
17.33
52W Range
7.195-19.46
52W High
-15.55%
52W Low
+129.21%
RSI
80
Rel Volume
0.62
Avg Volume
1.93M
Volume
1.2M
Perf Week
-2.52%
Perf Month
97.11%
Perf Quarter
21.37%
Perf Half Y
8.05%
-
-
-
-
Beta
-
-
-
Volatility
0.13%, 3.45%
Prev Close
-0.28%
Price
16.045
Change
0.79%

CRDO Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-04-30

Metric History 2020-04-302021-04-302022-04-30 2023-04-30
Revenue per share
0.380.421.20
Net income per share
0.01-0.2-0.250
Operating cash flow per share
-0.07-0.3-0.350
Free cash flow per share
-0.14-0.35-0.550
Cash per share
0.530.742.930
Book value per share
-0.07-0.43.780
Tangible book value per share
-0.07-0.43.780
Share holders equity per share
-0.07-0.43.780
Interest debt per share
000.270
Market cap
1.63B1.63B975.91M0
Enterprise value
1.56B1.53B733.78M-95.71M
P/E ratio
1.23K-59.26-44.010
Price to sales ratio
30.2827.789.170
POCF ratio
-159.02-38.49-31.650
PFCF ratio
-85.43-33.67-20.160
P/B Ratio
-173.3-29.412.920
PTB ratio
-173.3-29.412.920
EV to sales
28.9126.016.89-0.52
Enterprise value over EBITDA
400.74-66.33-67.285.83
EV to operating cash flow
-151.81-36.04-23.80
EV to free cash flow
-81.55-31.53-15.160
Earnings yield
0-0.02-0.020
Free cash flow yield
-0.01-0.03-0.050
Debt to equity
-12.48-3.810.120.14
Debt to assets
1.091.360.110.12
Net debt to EBITDA
-19.034.5122.25.83
Current ratio
5.161112.5410.58
Interest coverage
0-407-2.896.39
Income quality
-7.711.541.390
Dividend Yield
0000
Payout ratio
0000
Sales general and administrative to revenue
0.130.1900
Research and developement to revenue
0.510.590.450.42
Intangibles to total assets
0000
Capex to operating cash flow
0.860.140.570
Capex to revenue
-0.16-0.1-0.170
Capex to depreciation
-4.87-2.73-3.670
Stock based compensation to revenue
0.020.040.090
Graham number
0.121.324.620
ROIC
-0.030.490.12-0.11
Return on tangible assets
0.01-0.18-0.06-0.04
Graham Net
-0.21-0.642.950
Working capital
77.27M125.27M305.68M297.2M
Tangible asset value
-9.41M-55.43M334.16M347.64M
Net current asset value
-21.6M-73.12M290.65M278.58M
Invested capital
000.050.04
Average receivables
018.12M28.9M49.29M
Average payables
03.02M6.04M7.28M
Average inventory
04.69M17.22M36.68M
Days sales outstanding
122.3113.22135.73116.89
Days payables outstanding
115.864.1772.9528.39
Days of inventory on hand
107.48126.99234.99215.36
Receivables turnover
2.983.222.693.12
Payables turnover
3.155.69512.86
Inventory turnover
3.42.871.551.69
ROE
-0.140.5-0.07-0.05
Capex per share
-0.06-0.04-0.20

Quarterly Fundamentals Overview

Last date of statement is 2023-04-30 for Q4

Metric History 2022-04-302022-07-302022-10-292023-01-28 2023-04-30
Revenue per share
0.420.320.350.370.22
Net income per share
-0.060-0.020.02-0.11
Operating cash flow per share
0.03-0.080.01-0.020
Free cash flow per share
-0.08-0.12-0.03-0.060
Cash per share
2.932.031.651.591.47
Book value per share
3.782.362.362.412.35
Tangible book value per share
3.782.362.362.412.35
Share holders equity per share
3.782.362.362.412.35
Interest debt per share
0.230.120.10.110.08
Market cap
975.91M2.33B2B2.54B1.21B
Enterprise value
733.78M2.1B1.83B2.43B1.11B
P/E ratio
-45.56-7.97K-149.05225.2-18.93
Price to sales ratio
26.0150.113946.8637.6
POCF ratio
413.52-190.561.14K-1.1K0
PFCF ratio
-133.91-133.23-512.35-276.290
P/B Ratio
2.926.815.827.173.47
PTB ratio
2.926.815.827.173.47
EV to sales
19.5545.2235.5644.8334.62
Enterprise value over EBITDA
-439.921.48K-1.05K1.26K-67.76
EV to operating cash flow
310.92-171.981.04K-1.05K0
EV to free cash flow
-100.68-120.24-467.22-264.310
Earnings yield
-0.01000-0.01
Free cash flow yield
-0.01-0.01000
Debt to equity
0.120.190.20.180.14
Debt to assets
0.110.160.170.150.12
Net debt to EBITDA
145.16-160.12101.47-57.195.84
Current ratio
12.548.127.078.0710.58
Interest coverage
-0.97-0.990.9-31.369.63
Income quality
-0.44167.38-0.52-0.820
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
00000
Research and developement to revenue
0.410.360.350.380.67
Intangibles to total assets
00000
Capex to operating cash flow
-4.090.43-3.232.980
Capex to revenue
-0.26-0.11-0.11-0.130
Capex to depreciation
-6.3-3.21-2.16-3.030
Stock based compensation to revenue
0.140.120.10.10
Graham number
2.270.161.11.022.38
ROIC
0.020-0.250.02-0.1
Return on tangible assets
-0.010-0.010.01-0.04
Graham Net
2.952.031.631.651.59
Working capital
305.68M303.39M300.33M306.64M297.2M
Tangible asset value
334.16M341.91M344.1M354.55M347.64M
Net current asset value
290.65M282.25M279.88M287.32M278.58M
Invested capital
0.050.050.050.050.04
Average receivables
35.54M50.2M59.5M60.31M60.7M
Average payables
7.75M14.84M22.23M22.3M13.7M
Average inventory
26.73M32.18M42.43M49.07M48.17M
Days sales outstanding
94.96117.75101.97103.5165.44
Days payables outstanding
55.52101.489.4786.1740.44
Days of inventory on hand
178.84177.24183.88203.22306.75
Receivables turnover
0.950.760.880.870.54
Payables turnover
1.620.891.011.042.23
Inventory turnover
0.50.510.490.440.29
ROE
-0.020-0.010.01-0.05
Capex per share
-0.11-0.04-0.04-0.050

CRDO Frequently Asked Questions

What is Credo Technology Group Holding Ltd stock symbol ?

Credo Technology Group Holding Ltd is a US stock , located in San jose of Ca and trading under the symbol CRDO

Is Credo Technology Group Holding Ltd buy or a sell ?

4 stock analysts have 4 predictions with a medium analyst target price of $18. The lowest prediction is $15 and the highest is $20

What is CRDO stock prediction ?

With a median analyst target price of $18, 1 stock analysts have made 1 forecasts in last 90 days. $18 is the lowest and $18 is the greatest projection.

What is Credo Technology Group Holding Ltd stock quote today ?

Credo Technology Group Holding Ltd stock price is $16.045 today.

Is Credo Technology Group Holding Ltd stock public?

Yes, Credo Technology Group Holding Ltd is a publicly traded company.

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