A share price of Analog Devices Inc [ADI] is currently trading at $209.34, up 2.05%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ADI shares have gain 0.73% over the last week, with a monthly amount drifted -2.47%, and not 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.
Analog Devices Inc experienced fluctuations in its stock price throughout the past year 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 $209.34 at the most recent close of the market. An investor can expect a potential return of 13.06% based on the average ADI price forecast.
Analyzing the ADI fundamentals
Trailing Twelve Months sales for Analog Devices Inc [NASDAQ:ADI] were 9.43B which represents -10.06% decline. 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 206.34 points at the first support level, and at 203.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 211.00, and for the 2nd resistance point, it is at 212.65.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Analog Devices Inc [NASDAQ:ADI] is 1.84. Further, the Quick Ratio stands at 1.35, while the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 11.02, the price to book ratio is 2.95 and price to earnings (TTM) ratio is 63.84.
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.
