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Analog Devices (ADI) Stock Price, News & Analysis

$213.64
-5.42 (-2.47%)
(As of 09/6/2024 ET)
Today's Range
$212.70
$219.41
50-Day Range
$200.56
$243.33
52-Week Range
$154.99
$244.14
Volume
3.44 million shs
Average Volume
3.37 million shs
Market Capitalization
$106.01 billion
P/E Ratio
49.92
Dividend Yield
1.72%
Price Target
$251.45

Analog Devices MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.77 Rating Score
Upside/​Downside
17.7% Upside
$251.45 Price Target
Short Interest
Healthy
1.71% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.08
Upright™ Environmental Score
News Sentiment
0.52mentions of Analog Devices in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$11.30 M Sold Last Quarter
Proj. Earnings Growth
18.48%
From $6.33 to $7.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.94 out of 5 stars

Computer And Technology Sector

18th out of 594 stocks

Semiconductors & Related Devices Industry

7th out of 85 stocks

ADI stock logo

About Analog Devices Stock (NASDAQ:ADI)

Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs. It also offers amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and micro-electro-mechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company provides digital signal processing and system products for numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, defense and healthcare, and communications markets through a direct sales force, third-party distributors, and independent sales representatives, as well as online. Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.

ADI Stock Price History

ADI Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Electronic board components, Motherboard digital chip. Tech science background. Integrated communication processor.
Analog Devices Sends Signal to Market: Growth Will Return
Analog Devices rebound is slow to gain traction but is underway. Analysts consensus rates the stock as a Moderate Buy and see it advancing to an all-time high.
ADI found buyers in the blue box, what next for traders?
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Analog Devices Inc (ADI) Rebounded Along with The Industry
Analog Devices, Inc. (NASDAQ:ADI) Short Interest Update
See More Headlines
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Company Calendar

Ex-Dividend for 6/17 Dividend
6/04/2024
Dividend Payable
6/17/2024
Last Earnings
8/21/2024
Ex-Dividend for 9/17 Dividend
9/03/2024
Today
9/07/2024
Dividend Payable
9/17/2024
Fiscal Year End
10/31/2024
Next Earnings (Estimated)
11/19/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:ADI
CUSIP
03265410
CIK
6281
Employees
26,000
Year Founded
1965

Price Target and Rating

Average Stock Price Target
$251.45
High Stock Price Target
$285.00
Low Stock Price Target
$175.00
Potential Upside/Downside
+17.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
22 Analysts

Profitability

Net Income
$3.31 billion
Pretax Margin
18.89%

Debt

Sales & Book Value

Annual Sales
$9.70 billion
Cash Flow
$13.56 per share
Book Value
$70.88 per share

Miscellaneous

Free Float
494,679,000
Market Cap
$106.01 billion
Optionable
Optionable
Beta
1.07

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Should I Buy Analog Devices Stock? ADI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Analog Devices, Inc.:

  • Analog Devices, Inc. has a strong market position in the semiconductor industry, offering a diverse range of integrated circuits and software products.
  • The company's stock price has shown consistent growth, reaching $227.50 on the latest trading day, indicating positive investor sentiment.
  • Analysts have given Analog Devices, Inc. a "Moderate Buy" rating with an average price target of $245.50, suggesting potential for further stock price appreciation.
  • Analog Devices, Inc. has a solid dividend payout ratio of 85.98%, providing investors with a steady income stream.
  • The company's focus on innovation and product development keeps it competitive in the rapidly evolving tech industry, potentially leading to future growth.

Cons

Investors should be bearish about investing in Analog Devices, Inc. for these reasons:

  • Analog Devices, Inc. experienced a 33.8% decline in quarterly revenue compared to the same period last year, indicating potential challenges in revenue generation.
  • The company's earnings per share (EPS) for the current fiscal year are expected to be 6.24, down from $2.83 in the same quarter last year, signaling a decrease in profitability.
  • Insiders have been selling significant amounts of company stock, with transactions totaling $10,791,543 in the last 90 days, potentially signaling lack of confidence in future performance.
  • The company's debt-to-equity ratio of 0.19 may raise concerns about its financial leverage and ability to manage debt obligations.
  • While the stock has a PE ratio of 53.15, indicating potential overvaluation, the price-to-earnings-growth ratio of 3.69 suggests that the stock may not be undervalued.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 22, 2024. Please send any questions or comments about these Analog Devices pros and cons to contact@marketbeat.com.

ADI Stock Analysis - Frequently Asked Questions

How have ADI shares performed this year?

Analog Devices' stock was trading at $198.56 at the beginning of 2024. Since then, ADI shares have increased by 7.6% and is now trading at $213.64.
View the best growth stocks for 2024 here
.

How were Analog Devices' earnings last quarter?

Analog Devices, Inc. (NASDAQ:ADI) released its earnings results on Wednesday, August, 21st. The semiconductor company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.08. The company's revenue was down 24.8% compared to the same quarter last year.
Read the conference call transcript
.

What is Vincent Roche's approval rating as Analog Devices' CEO?

344 employees have rated Analog Devices Chief Executive Officer Vincent Roche on Glassdoor.com. Vincent Roche has an approval rating of 88% among the company's employees.

Does Analog Devices have any subsidiaries?

The following companies are subsidiaries of Analog Devices: Maxim Integrated, INVECAS - High Definition Multimedia Interface, Test Motors, OtoSense, Symeo, OneTree Microdevices, Linear Technology, and more.

Who are Analog Devices' major shareholders?

Top institutional investors of Analog Devices include Massachusetts Financial Services Co. MA (2.62%), Ameriprise Financial Inc. (1.31%), American Century Companies Inc. (0.88%) and Legal & General Group Plc (0.85%). Insiders that own company stock include Bruce R Evans, Gregory M Bryant, Tunc Doluca, Vincent Roche, Kenton J Sicchitano, Prashanth Mahendra-Rajah, Michael Sondel, James Champy, Vivek Jain and Edward H Frank.
View institutional ownership trends
.

How do I buy shares of Analog Devices?

Shares of ADI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Analog Devices own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Analog Devices investors own include NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Micron Technology (MU), Cisco Systems (CSCO) and Alibaba Group (BABA).

This page (NASDAQ:ADI) was last updated on 9/7/2024 by MarketBeat.com Staff

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