Analog Devices Inc [NASDAQ: ADI] traded at a low on Thursday, posting a -4.23 loss after which it closed the day’ session at $223.85.
The results of the trading session contributed to over 4451277 shares changing hands. Over the past one week, the price volatility of Analog Devices Inc stands at 2.77% while the volatility over the past one month is 2.72%.
The market cap for ADI stock reached $111.02 billion, with 495.98 million shares outstanding and 494.77 million shares in the current float. Compared to the average trading volume of 3.46M shares, ADI reached a trading volume of 4451277 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Analog Devices Inc [ADI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ADI shares is $263.46 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ADI stock is a recommendation set at 1.84. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for Analog Devices Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 14, 2025. While these analysts kept the previous recommendation, TD Cowen dropped their target price from $270 to $260. The new note on the price target was released on November 27, 2024, representing the official price target for Analog Devices Inc stock. Previously, the target price had yet another raise to $220, while Wells Fargo analysts kept a Equal Weight rating on ADI stock. On September 23, 2024, analysts decreased their price target for ADI shares from 266 to 233.
The Average True Range (ATR) for Analog Devices Inc is set at 6.62, with the Price to Sales ratio for ADI stock in the period of the last 12 months amounting to 11.89. The Price to Book ratio for the last quarter was 3.17, with the Price to Cash per share for the same quarter was set at 5.49. Price to Free Cash Flow for ADI in the course of the last twelve months was 34.87 with Quick ratio for the last quarter at 1.43.
How has ADI stock performed recently?
Analog Devices Inc [ADI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.19. With this latest performance, ADI shares gained by 6.84% in over the last four-week period, additionally sinking by -0.78% over the last 6 months – not to mention a rise of 18.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ADI stock in for the last two-week period is set at 52.07, with the RSI for the last a single of trading hit 49.06, and the three-weeks RSI is set at 52.57 for Analog Devices Inc [ADI]. The present Moving Average for the last 50 days of trading for this stock 216.74, while it was recorded at 233.76 for the last single week of trading, and 222.96 for the last 200 days.
Analog Devices Inc [ADI]: Deeper insight into the fundamentals
Analog Devices Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.43 and a Current Ratio set at 1.93.
Earnings analysis for Analog Devices Inc [ADI]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ADI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Analog Devices Inc go to 17.11%.
Insider trade positions for Analog Devices Inc [ADI]
The top three institutional holders of ADI stocks are: VANGUARD GROUP INC with ownership of 48.14 million shares, which is approximately 9.7033%. BLACKROCK INC., holding 39.55 million shares of the stock with an approximate value of $$9.03 billion in ADI stocks shares; and BLACKROCK INC., currently with $$5.86 billion in ADI stock with ownership which is approximately 5.1702%.
