Analog Devices Inc (ADI) concluded trading on Thursday at a closing price of $215.02, with 3.12 million shares of worth about $670.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.74% during that period and on January 16, 2025 the price saw a loss of about -1.47%. Currently the company’s common shares owned by public are about 496.30M shares, out of which, 494.84M shares are available for trading.
Stock saw a price change of -2.46% in past 5 days and over the past one month there was a price change of -0.73%. Year-to-date (YTD), ADI shares are showing a performance of 1.20% which increased to 14.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $182.57 but also hit the highest price of $244.14 during that period. The average intraday trading volume for Analog Devices Inc shares is 3.01 million. The stock is currently trading 0.28% above its 20-day simple moving average (SMA20), while that difference is down -0.61% for SMA50 and it goes to -2.19% lower than SMA200.
Analog Devices Inc (NASDAQ: ADI) currently have 496.30M outstanding shares and institutions hold larger chunk of about 88.99% of that.
The stock has a current market capitalization of $106.67B and its 3Y-monthly beta is at 1.04. PE ratio of stock for trailing 12 months is 65.58, while it has posted earnings per share of $3.28 in the same period. Its PEG reads 3.47 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 2.42% while standing at 2.59% over the month.
Stock’s fiscal year EPS is expected to rise by 11.29% while it is estimated to increase by 24.30% 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.
