Currently, there are 496.26M common shares owned by the public and among those 494.23M shares have been available to trade.
The company’s stock has a 5-day price change of -2.49% and 10.14% over the past three months. ADI shares are trading 13.10% year to date (YTD), with the 12-month market performance up to 13.18% higher. It has a 12-month low price of $154.99 and touched a high of $244.14 over the same period. ADI has an average intraday trading volume of 3.18 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.34%, -2.85%, and 12.71% respectively.
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
Institutional ownership of Analog Devices Inc. (NASDAQ: ADI) shares accounts for 89.15% of the company’s 496.26M shares outstanding.
It has a market capitalization of $111.44B and a beta (3y monthly) value of 1.08. The stock’s trailing 12-month PE ratio is 52.57, while the earnings-per-share (ttm) stands at $4.27. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.07% over the week and 2.47% over the month.
Earnings per share for the fiscal year are expected to decrease by -37.81%, and 28.53% over the next financial year. EPS should shrink at an annualized rate of -1.41% 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. TD Cowen stated their Buy rating for the stock in a research note on May 23, 2024, with the firm’s price target at $210-$270. Jefferies coverage for the Analog Devices Inc. (ADI) stock in a research note released on May 13, 2024 offered a Buy rating with a price target of $250. Evercore ISI was of a view on April 16, 2024 that the stock is Outperform, while Cantor Fitzgerald gave the stock Neutral rating on January 23, 2024, issuing a price target of $205. Wolfe Research on their part issued Outperform rating on January 18, 2024.
