Currently, there are 495.98M common shares owned by the public and among those 494.58M shares have been available to trade.
The company’s stock has a 5-day price change of -16.61% and -23.81% over the past three months. ADI shares are trading -21.83% year to date (YTD), with the 12-month market performance down to -14.72% lower. It has a 12-month low price of $158.65 and touched a high of $247.10 over the same period. ADI has an average intraday trading volume of 4.06 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 -16.76%, -21.42%, and -24.49% respectively.
Institutional ownership of Analog Devices Inc (NASDAQ: ADI) shares accounts for 90.40% of the company’s 495.98M shares outstanding.
It has a market capitalization of $82.38B and a beta (3y monthly) value of 1.02. The stock’s trailing 12-month PE ratio is 52.97, while the earnings-per-share (ttm) stands at $3.14. The company has a PEG of 3.10 and a Quick Ratio of 1.43 with the debt-to-equity ratio at 0.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.84% over the week and 4.10% over the month.
Analysts forecast that Analog Devices Inc (ADI) will achieve an EPS of 1.7 for the current quarter, 1.82 for the next quarter and 8.81 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.67 while analysts give the company a high EPS estimate of 1.67. Comparatively, EPS for the current quarter was 1.4 a year ago. Earnings per share for the fiscal year are expected to increase by 12.29%, and 22.31% over the next financial year. EPS should grow at an annualized rate of 17.11% over the next five years, compared to -2.10% over the past 5-year period.
Looking at the support for the ADI, a number of firms have released research notes about the stock. The Benchmark Company stated their Buy rating for the stock in a research note on February 14, 2025, with the firm’s price target at $245. TD Cowen coverage for the Analog Devices Inc (ADI) stock in a research note released on November 27, 2024 offered a Buy rating with a price target of $260. Wells Fargo was of a view on November 22, 2024 that the stock is Equal Weight, while Truist gave the stock Hold rating on September 23, 2024, issuing a price target of $266- $233. TD Cowen on their part issued Buy rating on May 23, 2024.
