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Analog Devices (ADI) Stock Price, News & Analysis

Analog Devices logo
$215.18 -4.37 (-1.99%)
(As of 11:15 AM ET)

About Analog Devices Stock (NASDAQ:ADI)

Key Stats

Today's Range
$214.82
$217.68
50-Day Range
$213.64
$236.43
52-Week Range
$175.00
$244.14
Volume
614,136 shs
Average Volume
3.20 million shs
Market Capitalization
$106.83 billion
P/E Ratio
64.62
Dividend Yield
1.71%
Price Target
$249.80
Consensus Rating
Moderate Buy

Company Overview

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.

Analog Devices Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
100th Percentile Overall Score

ADI MarketRank™: 

Analog Devices scored higher than 100% of companies evaluated by MarketBeat, and ranked 5th out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Analog Devices has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 16 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Analog Devices has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Analog Devices' stock forecast and price target.
  • Earnings Growth

    Earnings for Analog Devices are expected to grow by 18.45% in the coming year, from $6.34 to $7.51 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Analog Devices is 65.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.04.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Analog Devices is 65.93, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 223.03.

  • Price to Earnings Growth Ratio

    Analog Devices has a PEG Ratio of 3.09. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Analog Devices has a P/B Ratio of 3.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Analog Devices' valuation and earnings.
  • Percentage of Shares Shorted

    1.50% of the outstanding shares of Analog Devices have been sold short.
  • Short Interest Ratio / Days to Cover

    Analog Devices has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Analog Devices has recently decreased by 21.29%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Analog Devices pays a meaningful dividend of 1.67%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Analog Devices has been increasing its dividend for 22 years.

  • Dividend Coverage

    The dividend payout ratio of Analog Devices is 110.51%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Analog Devices will have a dividend payout ratio of 49.00% next year. This indicates that Analog Devices will be able to sustain or increase its dividend.

  • Read more about Analog Devices' dividend.
  • Percentage of Shares Shorted

    1.50% of the outstanding shares of Analog Devices have been sold short.
  • Short Interest Ratio / Days to Cover

    Analog Devices has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Analog Devices has recently decreased by 21.29%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Analog Devices has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 29 news articles for Analog Devices this week, compared to 14 articles on an average week.
  • Search Interest

    Only 25 people have searched for ADI on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.
  • MarketBeat Follows

    11 people have added Analog Devices to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Analog Devices insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $25,229,958.00 in company stock.

  • Percentage Held by Insiders

    Only 0.31% of the stock of Analog Devices is held by insiders.

  • Percentage Held by Institutions

    86.81% of the stock of Analog Devices is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Analog Devices' insider trading history.
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ADI Stock News Headlines

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ADI Stock Analysis - Frequently Asked Questions

Analog Devices' stock was trading at $198.56 on January 1st, 2024. Since then, ADI stock has increased by 10.6% and is now trading at $219.55.
View the best growth stocks for 2024 here
.

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

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.

Top institutional investors of Analog Devices include Massachusetts Financial Services Co. MA (2.43%), Van ECK Associates Corp (0.96%), Primecap Management Co. CA (0.72%) and Jennison Associates LLC (0.68%). Insiders that own company stock include Bruce R Evans, Tunc Doluca, Gregory M Bryant, Kenton J Sicchitano, Prashanth Mahendra-Rajah, Vincent Roche, Michael Sondel, James Champy, Vivek Jain and Edward H Frank.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Analog Devices investors own include NVIDIA (NVDA), Humana (HUM), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Salesforce (CRM) and American Water Works (AWK).

Company Calendar

Last Earnings
8/21/2024
Ex-Dividend for 9/17 Dividend
9/03/2024
Dividend Payable
9/17/2024
Today
11/12/2024
Next Earnings (Confirmed)
11/26/2024
Fiscal Year End
10/31/2025

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
$249.80
High Stock Price Target
$285.00
Low Stock Price Target
$175.00
Potential Upside/Downside
+13.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
22 Analysts

Profitability

Net Income
$3.31 billion
Pretax Margin
18.89%

Debt

Sales & Book Value

Annual Sales
$12.31 billion
Cash Flow
$14.48 per share
Book Value
$71.67 per share

Miscellaneous

Free Float
494,954,000
Market Cap
$109.00 billion
Optionable
Optionable
Beta
1.08

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This page (NASDAQ:ADI) was last updated on 11/13/2024 by MarketBeat.com Staff
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