Cirrus Logic (CRUS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
A strong stock as of late has been Cirrus Logic (CRUS). Shares have been marching higher, with the stock up 14.4% over the past month. The stock hit a new 52-week high of $155.95 in the previous session. Cirrus Logic has gained 30.7% since the start of the year compared to the -1.8% gain for the Zacks Computer and Technology sector and the 11.5% return for the Zacks Electronics - Semiconductors industry.
The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on February 3, 2026, Cirrus Logic reported EPS of $2.97 versus consensus estimate of $2.42.
For the current fiscal year, Cirrus Logic is expected to post earnings of $9.45 per share on $1.97 in revenues. Meanwhile, for the next fiscal year, the company is expected to earn $9.46 per share on $2.07 in revenues. This represents a year-over-year change of 4.27% and 4.83%, respectively.
Cirrus Logic may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Cirrus Logic has a Value Score of D. The stock's Growth and Momentum Scores are A and A, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 16.4X current fiscal year EPS estimates, which is not in-line with the peer industry average of 36.6X. On a trailing cash flow basis, the stock currently trades at 21.1X versus its peer group's average of 24.8X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Cirrus Logic currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Cirrus Logic passes the test. Thus, it seems as though Cirrus Logic shares could have a bit more room to run in the near term.
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