Analog Devices Inc (ADI) concluded trading on Thursday at a closing price of $207.78, with 3.94 million shares of worth about $818.83 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.07% during that period and on December 19, 2024 the price remained unchanged. Currently the company’s common shares owned by public are about 496.30M shares, out of which, 492.71M shares are available for trading.
Stock saw a price change of -4.57% in past 5 days and over the past one month there was a price change of -1.26%. Year-to-date (YTD), ADI shares are showing a performance of 4.64% which increased to 5.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $181.80 but also hit the highest price of $244.14 during that period. The average intraday trading volume for Analog Devices Inc shares is 2.96 million. The stock is currently trading -4.11% below its 20-day simple moving average (SMA20), while that difference is down -5.97% for SMA50 and it goes to -4.73% lower than SMA200.
Analog Devices Inc (NASDAQ: ADI) currently have 496.30M outstanding shares and institutions hold larger chunk of about 88.52% of that.
The stock has a current market capitalization of $103.12B and its 3Y-monthly beta is at 1.05. PE ratio of stock for trailing 12 months is 63.37, while it has posted earnings per share of $3.28 in the same period. Its PEG reads 3.35 and has Quick Ratio of 1.35 while making debt-to-equity ratio of 0.23. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ADI, volatility over the week remained 2.76% while standing at 2.79% over the month.
Stock’s fiscal year EPS is expected to rise by 11.41% while it is estimated to increase by 24.29% in next year. EPS is likely to grow at an annualized rate of 18.91% for next 5-years, compared to annual growth of -2.10% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on November 27, 2024 offering a Buy rating for the stock and assigned a target price range of between $270 and $260 to it. Coverage by Wells Fargo stated Analog Devices Inc (ADI) stock as an Equal weight in their note to investors on November 22, 2024, suggesting a price target of $220 for the stock. On September 23, 2024, Truist Downgrade their recommendations, while on May 23, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $270. Stock get a Buy rating from Jefferies on May 13, 2024.
