Analog Devices Cmn (NASDAQ:ADI) shares traded 0.1% up during most recent session to reach at the closing price of $100.73. The stock exchanged hands 2.41 Million shares versus average trading capacity of 3.05 Million shares, yielding a market cap of $37.16 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $99.85 within the next 52-weeks. The mean target projections are based on 20 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Analog Devices Cmn (NASDAQ:ADI) high price target of $116 and with a conservative view have low price target of $79.
RBC Capital “Downgrades” Analog Devices Cmn (NASDAQ:ADI) in a research note issued to investors on 1/04/19 to Sector Perform with price target of $0.
Additionally on 12/19/18 Morgan Stanley “Downgrades” Analog Devices Cmn (NASDAQ:ADI) to Equal-Weight setting price target at $0 and on 11/21/18 Morgan Stanley “Maintained” the stock to Overweight at $100. Furthermore on 11/21/18 Nomura “Maintained” the stock to Neutral at $90.
On the other hand the company has Relative Strength Index (RSI 14) of 66.39 along with Average True Range (ATR 14) of 2.53, Consequently Analog Devices Cmn (NASDAQ:ADI)’s weekly and monthly volatility is 2.09%, 2.50% respectively. The company’s beta value is at 1.23.
In terms of Buy, Sell or Hold recommendations, Analog Devices Cmn (NASDAQ:ADI) has analysts’ mean recommendation of 2.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Analog Devices Cmn (NASDAQ:ADI)’s minimum EPS for the current quarter is at $1.23 and can go high up to $1.3. The consensus mean EPS for the current quarter is at $1.28 derived from a total of 22 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.42 earnings per share for the same quarter during last year.
Previously Analog Devices Cmn (NASDAQ:ADI) reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.03. The company posted an earnings surprise of 2%.
Analog Devices Cmn (NASDAQ:ADI)’s revenue estimates for the current quarter are $1.51 Billion according to 22 number of analysts, for the current quarter the company has high revenue estimates of $1.55 Billion in contradiction of low revenue estimates of $1.48 Billion. For the current year the company’s revenue estimates are $6.23 Billion compared to low analyst estimates of $5.89 Billion and high estimates of $6.65 Billion according to 24 number of analysts.
Currently Analog Devices Cmn (NASDAQ:ADI)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 92.3%. However the six-month change in the insider ownership was recorded -25.24%, as well as three-month change in the institutional ownership was recorded -0.33%.
Analog Devices Cmn (NASDAQ:ADI)’s trailing twelve month revenues are $6.2 Billion, whereas its price to sales ratio for the same period is 5.99. Its book value per share for the most recent quarter is $29.61 while its price to book ratio for the same period is 3.4, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 2.62 whereas its trailing twelve month P/E ratio is 24.5.