Stock's Trend Analysis Report: Analog Devices, Inc. (NASDAQ:ADI)

Analysts have a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). CLSA has been covering shares of ADI, so it is most recent view is worth a look.

Zacks Rank: Analog Devices carry a Zacks Rank #3, which when combined with a ESP of 0.00% makes a surprise prediction hard.

The stock now has its Annual Dividend of $1.68 and an annual Dividend Yield of 2.16 Percent. Peddock Capital Advisors LLC bought a new position in Analog Devices during the third quarter valued at about $101,000. (NASDAQ:ADI) reported its Actual EPS of $1.05/share. The firm has a market capitalization of $24.01 billion, a PE ratio of 28.23 and a beta of 1.19. The Stock surged on the very next day of earnings and maintained its stock price at $72.48 by showing a % change of 4.39 percent from its previous closing price. This is a positive change from Analog Devices's previous quarterly dividend of $0.42. (NASDAQ:ADI)'s price target was revised on 01/30/17and according to 25 analysts stock's price will reach at $79.58 during 52 weeks with standard deviation of 7.15. A month ago, analyst EPS consensus estimated earnings of US$0.74 per share. For the quarter, revenue came in at 1B versus consensus estimate of 942.58M. Analog Devices had a net margin of 25.18% and a return on equity of 19.31%. The current consensus estimate compares to last year's same quarter result of $0.56 a share and an increase of 32.14%.

Nonetheless, and in the immediate aftermath of reporting, investor reaction in Analog Devices, Inc.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 7th. This represents a $1.80 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend was Wednesday, November 30th.

November 22, 2016: Analog Devices, Inc.

Several analysts have commented on ADI shares. Post-earnings, ADI stock ranged between $55.03 and $56.03 after opening the day (05/19/2016) at $55.67. They set an outperform rating and a $72.00 price target for the company. Zacks Investment Research cut shares of Analog Devices from a "buy" rating to a "hold" rating in a research note on Tuesday, September 27th. Seven equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company's stock. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.14 on scale of 1-5. Following the completion of the transaction, the director now owns 257,631 shares of the company's stock, valued at approximately $19,201,238.43. The stock was sold at an average price of $74.16, for a total value of $205,423.20. CENTRAL TRUST Co now owns 2,521 shares of the company's stock valued at $162,000 after buying an additional 630 shares during the period. The disclosure for this purchase can be found here.

Analog Devices, Inc (Analog Devices) designs, manufactures and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. The Company operates in the United States, Rest of North/South America, Europe, Japan and China.

  • Zachary Reyes