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NASDAQ:ADI

Analog Devices (ADI) Stock Price, News & Analysis

$228.19
+0.69 (+0.30%)
(As of 09:12 AM ET)
Today's Range
$228.19
$228.19
50-Day Range
$200.56
$243.33
52-Week Range
$154.99
$244.14
Volume
1,701 shs
Average Volume
3.36 million shs
Market Capitalization
$113.23 billion
P/E Ratio
53.32
Dividend Yield
1.61%
Price Target
$245.50

Analog Devices MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
7.9% Upside
$245.50 Price Target
Short Interest
Healthy
1.57% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.08
Upright™ Environmental Score
News Sentiment
0.60mentions of Analog Devices in the last 14 days
Based on 44 Articles This Week
Insider Trading
Selling Shares
$10.79 M Sold Last Quarter
Proj. Earnings Growth
28.69%
From $6.24 to $8.03 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.

4.71 out of 5 stars

Computer And Technology Sector

17th out of 594 stocks

Semiconductors & Related Devices Industry

4th 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

Analog Devices: A Strong Buy Recommendation by Joshua Buchalter
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Analog Devices declares $0.92 dividend
Analog Devices, Inc. (ADI) Q3 2024 Earnings Call Transcript
Why Analog Devices Stock Briefly Jumped 6% Today
Analog Devices Stock Rises as It Sees Recovery in Chip Sector
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Analog Devices Q3 Profit Decreases, But Beats Estimates
Analog Devices Q3 Profit Down, Adj. EPS Beats Market
Analog Devices, Inc. (NASDAQ:ADI) Plans $0.92 Quarterly Dividend
Analog Devices (NASDAQ:ADI) Updates Q4 2024 Earnings Guidance
Analog Devices (NASDAQ:ADI) Releases Q4 Earnings Guidance
See More Headlines
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Company Calendar

Ex-Dividend for 6/17 Dividend
6/04/2024
Dividend Payable
6/17/2024
Today
8/21/2024
Last Earnings
8/21/2024
Next Earnings (Confirmed)
8/21/2024
Dividend Payable
9/17/2024
Fiscal Year End
10/31/2024
Ex-Dividend for 9/17 Dividend
1/01/2100

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:ADI
CUSIP
03265410
CIK
6281
Employees
24,400
Year Founded
1965

Price Target and Rating

Average Stock Price Target
$245.50
High Stock Price Target
$285.00
Low Stock Price Target
$175.00
Potential Upside/Downside
+7.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
24 Analysts

Profitability

Net Income
$3.31 billion
Pretax Margin
21.83%

Debt

Sales & Book Value

Annual Sales
$10.46 billion
Cash Flow
$15.49 per share
Book Value
$71.67 per share

Miscellaneous

Free Float
494,679,000
Market Cap
$112.89 billion
Optionable
Optionable
Beta
1.08

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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 average rating of "Moderate Buy" from analysts, indicating positive sentiment towards the stock.
  • The company's stock has a consensus target price of $245.50, suggesting potential for growth based on analyst projections.
  • Recent insider selling activities by the CEO and EVP may indicate that the stock is currently valued at a higher price, potentially signaling a good time to invest.
  • Analog Devices, Inc. posted strong earnings results, beating the consensus estimate and demonstrating financial stability.
  • The company's dividend announcement of $0.92 per share with a yield of 1.63% provides an additional income opportunity for investors.

Cons

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

  • The stock's price-to-earnings ratio of 52.90 and a PEG ratio of 3.73 may indicate that the stock is currently overvalued, potentially limiting short-term gains.
  • Analog Devices, Inc. has experienced a decline in revenue compared to the same period last year, which could raise concerns about future growth prospects.
  • Recent insider selling activities totaling 46,642 shares worth $10,481,343 may suggest lack of confidence in the company's future performance.
  • The company's beta of 1.08 indicates moderate volatility compared to the market, which could lead to fluctuations in the stock price.
  • While the dividend payout ratio is 85.98%, indicating a stable dividend policy, investors seeking high-growth opportunities may find the yield of 1.63% relatively low.
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 8, 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 stock has increased by 14.6% and is now trading at $227.50.
View the best growth stocks for 2024 here
.

How were Analog Devices' earnings last quarter?

Analog Devices, Inc. (NASDAQ:ADI) released its quarterly earnings data on Wednesday, August, 21st. The semiconductor company reported $1.58 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.07. Analog Devices's quarterly 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?

Analog Devices subsidiaries include Maxim Integrated, INVECAS - High Definition Multimedia Interface, Test Motors, OtoSense, Symeo, OneTree Microdevices, Linear Technology, and others.

Who are Analog Devices' major shareholders?

Top institutional shareholders 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 8/22/2024 by MarketBeat.com Staff

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