Analog Devices Inc. (NASDAQ:ADI) went down by -2.31% from its latest closing price compared to the recent 1-year high of $178.84. The company’s stock price has collected -0.82% of loss in the last five trading sessions. Press Release reported on 10/05/21 that Analog Devices Announces Inaugural Sustainability-Linked Bond Issuance, a First in the U.S. Technology Sector
Is It Worth Investing in Analog Devices Inc. (NASDAQ :ADI) Right Now?
Analog Devices Inc. (NASDAQ:ADI) scored a price-to-earnings ratio above its average ratio, recording 35.90 x from its present earnings ratio. Plus, the 36-month beta value for ADI is at 1.18. Opinions of the stock are interesting as 18 analysts out of 27 who provided ratings for Analog Devices Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $193.00, which is $26.98 above the current price. ADI currently public float of 366.72M and currently shorts hold a 3.36% ratio of that float. Today, the average trading volume of ADI was 4.58M shares.
ADI’s Market Performance
ADI stocks went down by -0.82% for the week, with a monthly drop of -5.09% and a quarterly performance of -1.29%, while its annual performance rate touched 30.06%. The volatility ratio for the week stands at 2.11% while the volatility levels for the past 30 days are set at 1.94% for Analog Devices Inc.. The simple moving average for the period of the last 20 days is -3.89% for ADI stocks with a simple moving average of 2.19% for the last 200 days.
Analysts’ Opinion of ADI
Many brokerage firms have already submitted their reports for ADI stocks, with JP Morgan repeating the rating for ADI by listing it as a “Overweight.” The predicted price for ADI in the upcoming period, according to JP Morgan is $215 based on the research report published on September 20th of the current year 2021.
Morgan Stanley, on the other hand, stated in their research note that they expect to see ADI reach a price target of $179. The rating they have provided for ADI stocks is “Equal-Weight” according to the report published on September 13th, 2021.
Wells Fargo gave a rating of “Equal Weight” to ADI, setting the target price at $170 in the report published on July 26th of the current year.
ADI Trading at -2.82% from the 50-Day Moving Average
After a stumble in the market that brought ADI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.29% of loss for the given period.
Volatility was left at 1.94%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares sank -5.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.15% lower at present.
During the last 5 trading sessions, ADI fell by -0.82%, which changed the moving average for the period of 200-days by +13.53% in comparison to the 20-day moving average, which settled at $170.18. In addition, Analog Devices Inc. saw 11.03% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ADI starting from EVANS BRUCE R, who purchase 8,001 shares at the price of $164.98 back on Oct 06. After this action, EVANS BRUCE R now owns 100,358 shares of Analog Devices Inc., valued at $1,319,957 using the latest closing price.
ROCHE VINCENT, the President & CEO of Analog Devices Inc., sale 10,000 shares at $168.09 during a trade that took place back on Oct 01, which means that ROCHE VINCENT is holding 0 shares at $1,680,900 based on the most recent closing price.
Stock Fundamentals for ADI
Current profitability levels for the company are sitting at:
- +28.08 for the present operating margin
- +58.25 for the gross margin
The net margin for Analog Devices Inc. stands at +21.79. The total capital return value is set at 9.07, while invested capital returns managed to touch 7.11. Equity return is now at value 14.00, with 7.90 for asset returns.
Based on Analog Devices Inc. (ADI), the company’s capital structure generated 45.62 points at debt to equity in total, while total debt to capital is 31.33. Total debt to assets is 25.50, with long-term debt to equity ratio resting at 45.29. Finally, the long-term debt to capital ratio is 31.10.
When we switch over and look at the enterprise to sales, we see a ratio of 8.66, with the company’s debt to enterprise value settled at 0.11. The receivables turnover for the company is 8.16 and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.84.