Cadence Design Systems Inc vs FedEx Corporation — how do they compare? Cadence Design Systems Inc trades at $326.51 (market cap $90.20B), while FedEx Corporation trades at $322.99 (market cap $76.28B). The key difference: Cadence Design Systems Inc is the larger of the two by market cap, and FedEx Corporation pays a 1.51% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | FDX | |
|---|---|---|
Market Cap | $90.20B | $76.28B |
Sector | Technology | Industrials |
52-Week High | $416.39 | $338.75 |
52-Week Low | $265.66 | $180.51 |
Enterprise Value | $91.41B | $105.91B |
Dividend Yield | — | 1.51% |
Trailing returns across standard periods
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Read more on CDNS →FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2020 (ended May 2020), FedEx derived 51% of revenue from its express division, 33% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.
Read more on FDX →