Cadence Design Systems Inc vs Hershey Co — how do they compare? Cadence Design Systems Inc trades at $326.5 (market cap $90.20B), while Hershey Co trades at $181.78 (market cap $36.56B). The key difference: Cadence Design Systems Inc is far larger — about 2.5× Hershey Co's market cap, and Hershey Co pays a 3.19% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | HSY | |
|---|---|---|
Market Cap | $90.20B | $36.56B |
Sector | Technology | Consumer Staples |
52-Week High | $416.39 | $236.28 |
52-Week Low | $265.66 | $162.31 |
Enterprise Value | $91.41B | $41.70B |
Dividend Yield | — | 3.19% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 46% of the domestic chocolate space (per IRI). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix and Pirate Brands (including the Pirate's Booty, Smart Puffs, and Original Tings brands) over the past few years.
Read more on HSY →