Analog Devices Inc. [ADI] has traded in a range of $79.07 to $140.38 in the last 1 year. As of this writing, the stock is at $135.87, down -1.55%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, ADI shares are 0.81% up with the monthly amount drift of 10.81% and seems well in a long time frame.
On 29, October 2020, Analog Devices, Inc. to Report Fourth Quarter Fiscal Year 2020 Financial Results on Tuesday, November 24, 2020. According to news published on Yahoo Finance, – Press release scheduled for 8 a.m. Eastern time on November 24, 2020.
Analyst Birdseye View:
The most recent analyst activity for Analog Devices Inc. [NASDAQ:ADI] stock was on August 13, 2020, when it was Upgrade with a Buy rating from Daiwa Securities. Before that, on November 09, 2020, Evercore ISI Recapitulated an Outperform rating and elevated its amount target to $160. On July 14, 2020, Edward Jones Downgrade a Hold rating. On June 16, 2020, Morgan Stanley Reiterated an Equal-weight rating and increased its price target from $101 to $117. On February 20, 2020, Citigroup Upgrade a Buy rating and increased its price target to $144. On November 29, 2019, Loop Capital Reiterated a Buy rating and boosted its amount target on this stock to $130. On October 30, 2019, Raymond James Upgrade an Outperform rating and boosted its target amount on this stock to $120. Daiwa Securities elevated its amount target by recapitulating a higher weight for this stock.
In the past 52 weeks of trading, this stock has oscillated between a low of $79.07 and a peak of $140.38. At the most recent market close, shares of Analog Devices Inc. [NASDAQ:ADI] were valued at $135.87.
Analog Devices Inc. [NASDAQ:ADI] most recently reported quarterly sales of 1.46 billion, which represented growth of -1.60%. This company’s Gross Margin is currently 65.40% and its Operating Margin is 24.90%.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 134.86 points at 1st support level, the second support level is making up to 133.85. But as of 1st resistance point, this stock is sitting at 137.17 and at 138.46 for 2nd resistance point.
Analog Devices Inc. [ADI] reported its earnings at $1.36 per share in the fiscal quarter closing of 7/30/2020. The Analysts for Wall Street were expecting to report its earnings at $1.28/share signifying the difference of 0.08 and 6.20% surprise value. Comparing the previous quarter ending of 4/29/2020, the stated earnings were $1.08 calling estimates for $1.03/share with the difference of 0.05 depicting the surprise of 4.90%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Analog Devices Inc. [NASDAQ:ADI] is 1.50. Now if looking for a valuation of this stock’s showing 45.47 of P/E (TTM) ratio.
The most recent insider trade was by Henderson Gregory N., SVP, Atmtve, Comm, ArSpc & Def, and it was the sale of 18234.0 shares on Nov 09. SICCHITANO KENTON J, the Director, completed a sale of 9660.0 shares on Nov 09. On Nov 09, Hassett Joseph, SVP, Industrial and Consumer, completed a sale of 5000.0 shares.