Analog Devices Cmn (NASDAQ:ADI) shares traded -0.22% down during most recent session to reach at the closing price of $111.82. The stock exchanged hands 1.78 Million shares versus average trading capacity of 2.81 Million shares, yielding a market cap of $41.23 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $114.53 within the next 52-weeks. The mean target projections are based on 17 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 $130 and with a conservative view have low price target of $90.
Bernstein “Downgrades” Analog Devices Cmn (NASDAQ:ADI) in a research note issued to investors on 3/25/19 to Market Perform with price target of $0.
Additionally on 2/11/19 Bank of America “Upgrades” Analog Devices Cmn (NASDAQ:ADI) to Buy setting price target at $125 and on 1/04/19 RBC Capital “Downgrades” the stock to Sector Perform at $0. Furthermore on 12/19/18 Morgan Stanley “Downgrades” the stock to Equal-Weight at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 61.23 along with Average True Range (ATR 14) of 1.98, Consequently Analog Devices Cmn (NASDAQ:ADI)’s weekly and monthly volatility is 1.46%, 1.77% respectively. The company’s beta value is at 1.24.
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 $1.28 and can go high up to $1.31. The consensus mean EPS for the current quarter is at $1.3 derived from a total of 20 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.45 earnings per share for the same quarter during last year.
Previously Analog Devices Cmn (NASDAQ:ADI) reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.05. The company posted an earnings surprise of 3.9%.
Analog Devices Cmn (NASDAQ:ADI)’s revenue estimates for the current quarter are $1.5 Billion according to 18 number of analysts, for the current quarter the company has high revenue estimates of $1.52 Billion in contradiction of low revenue estimates of $1.5 Billion. For the current year the company’s revenue estimates are $6.2 Billion compared to low analyst estimates of $6.07 Billion and high estimates of $6.33 Billion according to 21 number of analysts.
Currently Analog Devices Cmn (NASDAQ:ADI)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 92.5%. However the six-month change in the insider ownership was recorded -38.82%, as well as three-month change in the institutional ownership was recorded 0.08%.
Analog Devices Cmn (NASDAQ:ADI)’s trailing twelve month revenues are $6.18 Billion, whereas its price to sales ratio for the same period is 6.68. Its book value per share for the most recent quarter is $31.42 while its price to book ratio for the same period is 3.56, 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 2.81 whereas its trailing twelve month P/E ratio is 26.24.