Analog Devices Inc. (NASDAQ: ADI) Has Another Chance To Impress You

Currently, there are 496.26M common shares owned by the public and among those 494.06M shares have been available to trade.

Insiders at the company have transacted a total of 109 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 51 of these insider trades were purchases, accounting for 394,717 shares. Insider sales of the common stock occurred on 58 occasions, with total insider shares sold totaling 275,621 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

However, the script later moved the day high at 195.68, down -0.50%. The company’s stock has a 5-day price change of 0.77% and 16.11% over the past three months. ADI shares are trading -2.27% year to date (YTD), with the 12-month market performance up to 8.70% higher. It has a 12-month low price of $154.99 and touched a high of $202.77 over the same period. ADI has an average intraday trading volume of 2.00 shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.38%, 1.15%, and 5.74% respectively.

Institutional ownership of Analog Devices Inc. (NASDAQ: ADI) shares accounts for 89.94% of the company’s 496.26M shares outstanding.

It has a market capitalization of $96.22B and a beta (3y monthly) value of 1.18. The stock’s trailing 12-month PE ratio is 29.67, while the earnings-per-share (ttm) stands at $6.54. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.74% over the week and 1.89% over the month.

Analysts forecast that Analog Devices Inc. (ADI) will achieve an EPS of $1.71 for the current quarter, $1.59 for the next quarter and $8.73 for 2025. The lowest estimate earnings-per-share for the quarter is $1.7 while analysts give the company a high EPS estimate of $1.73. Comparatively, EPS for the current quarter was $2.75 a year ago. Earnings per share for the fiscal year are expected to decrease by -30.02%, and 22.95% over the next financial year. EPS should shrink at an annualized rate of -1.51% over the next five years, compared to 10.35% over the past 5-year period.

Looking at the support for the ADI, a number of firms have released research notes about the stock. Cantor Fitzgerald stated their Neutral rating for the stock in a research note on January 23, 2024, with the firm’s price target at $205.

Most Popular

Related Posts