At the time of writing, Analog Devices Inc [ADI] stock is trading at $228.35, up 1.91%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ADI shares have gain 4.64% over the last week, with a monthly amount glided 9.90%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Analog Devices Inc [NASDAQ: ADI] stock has seen the most recent analyst activity on November 27, 2024, when TD Cowen reiterated its Buy rating and also revised its price target to $260 from $270. Previously, Wells Fargo started tracking the stock with Equal Weight rating on November 22, 2024, and set its price target to $220. On September 23, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $233 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $270 on May 23, 2024. Jefferies initiated its recommendation with a Buy and recommended $250 as its price target on May 13, 2024. Evercore ISI started tracking with a Outperform rating for this stock on April 16, 2024, and assigned it a price target of $254. In a note dated January 23, 2024, Cantor Fitzgerald initiated an Neutral rating and provided a target price of $205 on this stock.
For the past year, the stock price of Analog Devices Inc fluctuated between $182.57 and $244.14. Currently, Wall Street analysts expect the stock to reach $236.67 within the next 12 months. Analog Devices Inc [NASDAQ: ADI] shares were valued at $228.35 at the most recent close of the market. An investor can expect a potential return of 3.64% based on the average ADI price forecast.
Analyzing the ADI fundamentals
According to Analog Devices Inc [NASDAQ:ADI], the company’s sales were 9.43B for trailing twelve months, which represents an -10.06% plunge. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 223.78 points at the first support level, and at 219.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 230.68, and for the 2nd resistance point, it is at 233.00.
Ratios To Look Out For
It is important to note that Analog Devices Inc [NASDAQ:ADI] has a current ratio of 1.84. In addition, the Quick Ratio stands at 1.35 and the Cash Ratio stands at 0.67. Considering the valuation of this stock, the price to sales ratio is 12.02, the price to book ratio is 3.22 and price to earnings (TTM) ratio is 69.64.
Transactions by insiders
Recent insider trading involved ROCHE VINCENT, Chair & CEO, that happened on Jan 02 ’25 when 10000.0 shares were sold. Officer, ROCHE VINCENT completed a deal on Jan 02 ’25 to buy 10000.0 shares. Meanwhile, Chair & CEO ROCHE VINCENT sold 10000.0 shares on Dec 11 ’24.
