Last $42.16 USD
Change Today -1.06 / -2.45%
Volume 1.9M
CREE On Other Exchanges
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As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

cree inc (CREE) Snapshot

Open
$43.35
Previous Close
$43.22
Day High
$43.44
Day Low
$42.07
52 Week High
10/22/13 - $75.98
52 Week Low
09/16/14 - $40.60
Market Cap
5.0B
Average Volume 10 Days
1.9M
EPS TTM
$1.02
Shares Outstanding
119.5M
EX-Date
--
P/E TM
41.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for CREE INC (CREE)

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cree inc (CREE) Details

Cree, Inc. develops, manufactures, and sells lighting-class light emitting diode (LED), lighting, and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally. The company’s LED Products segment provides blue and green LED chips that are used in various applications, including video screens, gaming displays, function indicator lights and automotive backlighting, headlamps, and directional indicators; LED components comprising packaged LED products for lighting applications, and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications; and silicon carbide (SiC) materials, which are used in manufacturing products for RF, power switching, gemstone, and other applications. Its Lighting Products segment offers LED and traditional lighting systems for use in settings, such as office and retail space, restaurants and hospitality, schools and universities, manufacturing, healthcare, airports, municipal, residential, street lighting, parking structures, and other applications. This segment sells its products to distributors, retailers, and customers. The company’s Power and RF Products segment provides SiC-based power products, such as Schottky diodes, SiC metal semiconductor field-effect transistors, and SiC power modules that are used in power supplies in computer servers, solar inverters, uninterruptible and industrial power supplies, and other applications; and RF devices, including a range of GaN high electron mobility transistors (HEMTs) and monolithic microwave integrated circuits (MMICs) for military, telecom, and other commercial applications, as well as provides foundry services for GaN HEMTs and MMICs that allow customers to design their own custom RF circuits. Cree, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.

7,130 Employees
Last Reported Date: 08/27/14
Founded in 1987

cree inc (CREE) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $742.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $391.9K
Vice Chairman of Lighting and Director
Total Annual Compensation: $439.3K
Executive Vice President of Lighting
Total Annual Compensation: $379.2K
Vice President of Lighting Operations
Total Annual Compensation: $307.8K
Compensation as of Fiscal Year 2014.

cree inc (CREE) Key Developments

Cree, Inc. Introduces XLamp MH-B LED

Cree, Inc. introduced the XLamp MH-B LED, a new generation of high power LEDs that delivers better performance and a more effective way to achieve low-cost systems than mid-power (MP) LEDs. Using Cree's high reliability ceramic package technology, the XLamp MH-B LED is able to operate at higher temperatures than MP LEDs with no reduction in rated lifetime, enabling an impressive 60% reduction in heat sink size and cost. Using up to 26 times fewer LEDs than MP LEDs to achieve the same level of performance, the XLamp MH-B is optimized to simplify LED system designs for applications where multiple MP LEDs are currently used. Featuring Cree's EasyWhite technology and a small 5-mm light emitting surface, the XLamp MH-B provides many system benefits over arrays of MP LEDs, including tighter beam angles, simpler optics, a more traditional appearance and easier color consistency. As a single LED, the XLamp MH-B LED delivers up to 830 lumens at 175 mA and can also be used in arrays to address higher lumen applications that require low cost and high reliability, such as high bay, outdoor area and down lights. The XLamp MH-B LED is available in 2700K -- 6500K with high CRI options.

Sanix Incorporated Selects Cree's C2M Silicon Carbide MOSFETs for Use in the Solar Inverters

Cree, Inc. has announced that its C2M(TM), 1200V, 80mOhm SiC MOSFETs have been selected by Sanix Corporation, Japan, to be designed into their new 9.9kW three-phase solar inverters for use in the construction of commercial photovoltaic systems in the fast-growing Japanese solar energy market. Utilized in the primary power conversion stage of the solar inverter, Cree's 1200V C2M0080120D MOSFETs feature faster switching characteristics and up to one-third the switching losses of comparably-rated 900V silicon super-junction MOSFETs. By significantly reducing switching losses, Cree's SiC MOSFETs enable lower total system energy losses, higher frequency switching, and cooler operating temperatures. These benefits improve conversion efficiency and reduce the system's size, weight, complexity, and thermal management requirements. At the system level, performance is improved, cost is decreased, and lifetime of the inverter is extended.

Cree Introduces Industry Breakthrough Replacement for Halogen MR16 Lamps

Cree, Inc. introduced the MR16 Series LED lamp with TrueWhite(R) Technology, that delivers the soft, diffused light of a traditional 50-watt halogen MR16 lamp, and is designed for global compatibility with virtually all existing sockets. With a suggested retail price of USD 25, Cree MR16 TrueWhite LED lamps consume up to 83% less energy and are designed to meet ENERGY STAR(R) qualification to deliver a rapid payback of less than one year. Featuring a design that delivers greater than 580 lumens in conjunction with a proprietary lens, Cree MR16 Series TrueWhite LED lamps eliminate the glare commonly associated with 50-watt halogen MR16 lamps to deliver a soft, diffused light with category-leading Color Rendering Index of 92. Cree MR16 Series TrueWhite LED lamps are dimmable and available in 15-degree spot, 25-degree flood and 40-degree wide flood beam angles in a 1.97-inch ANSI-compliant form factor, allowing them to easily fit into existing tracks for a one-for-one replacement.

 

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Industry Analysis

CREE

Industry Average

Valuation CREE Industry Range
Price/Earnings 42.8x
Price/Sales 3.2x
Price/Book 1.7x
Price/Cash Flow 33.8x
TEV/Sales 2.4x
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