Analog Devices, Inc. (NASDAQ:ADI) could surge as high as $90


Analog Devices, Inc. (NASDAQ:ADI) has a 1 Year Target Estimate of $78.06. The stock traded with the volume of 2.89 Million in the last trading session. Analog Devices, Inc. opened at $74.17 and closed by showing an increase of 0.5%. The Bid price in the last session was $70.40 x 100 and the Ask price was $85.00 x 100. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Analog Devices, Inc. has the Market Capitalization of 22.97 Billion. The Stock has its 52-week High of $74.87 and 52-Week Low of $47.24 and it touched its 52-week high on Nov 22, 2016 and 52-Week Low on Jan 15, 2016.

Analog Devices, Inc. reported its last Earnings on Nov 22 BMO where the company reported Actual EPS of $1.05/Share whereas, the Analyst Estimated EPS was $0.89/share. The difference between Actual EPS and Estimated EPS was $0.16/share. This represented an Earnings Surprise of 18%. The company will report its next earnings on Feb 15 – Feb 20 (Est.).

Some analyst provided their insight on Growth Estimates; Analog Devices, Inc. has the Current Quarter Earnings Growth rate of 32.1%. The Next Quarter growth is expected to be 20.3%. In the past 5 years, the stock has earnings growth rate of 7.42% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 6.7% per annum.

25 number of analysts also provided their insight on Analog Devices, Inc., where the Average Price Target for the stock is $78.06. They also projected Low Price Target as $60 while High Price Target is set at $90.

A number of analysts rated the stock as well: 6 analysts believe that the stock is a STRONG BUY while 10 reported it as Buy.12 analysts assigned a HOLD rating, 0 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Analog Devices, Inc. annual Divided is 1.68 while it’s Dividend Yield is 2.25%. The stock has its Price to Earnings (P/E) ratio of 26.98 and Forward Price to Earnings ratio of 19.84. The company has its Price to Sales (P/S) ratio of 6.71 where Price to Book (P/B) ratio of 4.44, Price to Cash Per share (P/C) of 5.66 and Price to Free Cash Flow (P/FCF) has a value of 35.83.

The company has its Return on Assets (ROA) of 11.2 Percent. Return on Equity (ROE) stands at 17.2% and Return on Investment (ROI) displays a value of 13.5%.

The stock is currently trading at Distance from 20-Day simple moving Average of 10.72% whereas, Distance from 50-Day Simple moving average is 14.96 Percent and Distance from 200-Day Simple Moving Average of 24.83 percent.

A look at performance overview of Analog Devices, Inc. depicts that Performance (Week) is 6.75 percent while Performance Month is 17.31%. Quarterly performance shows a value of 18.49% and Half Year Performance value stands at 27.92%. Yearly performance of the stock has the value of 24.43 percent. Analog Devices, Inc. has its YTD performance of 37.73 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 3 Oct 2016 where Director Hodgson (John C) did a transaction type “Buy” in which 7500 shares were traded at a price of $29.91. Another insider trade includes Director Hodgson (John C) who also initiated a transaction in which 7500 shares were traded on 3 Oct 2016 as “Sell”. On 28 Sep 2016 Director Champy (James A) traded 250 shares as “Gift” at $0. Chief Technology Officer Real (Peter) Sell 6500 shares on 28 Sep 2016 at the price of $64.14.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm BofA/Merrill on 23-Nov-16 who Upgrade the stock from Neutral to Buy. Other firms have also Upgraded/Downgraded the stock. On 20-Oct-16, CLSA took an action “Initiated”  to Outperform. On 27-Jul-16, the stock was Upgrade to Neutral by Goldman.