In the past week, ADI stock has gone up by 0.37%, with a monthly decline of -2.12% and a quarterly plunge of -7.65%. The volatility ratio for the week is 1.77%, and the volatility levels for the last 30 days are 2.40% for Analog Devices Inc The simple moving average for the last 20 days is -1.59% for ADI stock, with a simple moving average of -2.78% for the last 200 days.
Is It Worth Investing in Analog Devices Inc (NASDAQ: ADI) Right Now?
The price-to-earnings ratio for Analog Devices Inc (NASDAQ: ADI) is above average at 64.83x. The 36-month beta value for ADI is also noteworthy at 1.05. There are mixed opinions on the stock, with 15 analysts rating it as a “buy,” 4 rating it as “overweight,” 14 rating it as “hold,” and 0 rating it as “sell.”
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The public float for ADI is 492.71M, and at present, short sellers hold a 1.52% of that float. The average trading volume of ADI on December 31, 2024 was 2.90M shares.
ADI) stock’s latest price update
The stock price of Analog Devices Inc (NASDAQ: ADI) has plunged by -2.04 when compared to previous closing price of 216.99, but the company has seen a 0.37% gain in its stock price over the last five trading sessions. zacks.com reported 2024-12-26 that Analog Devices (ADI) reported earnings 30 days ago. What’s next for the stock?
Analysts’ Opinion of ADI
Many brokerage firms have already submitted their reports for ADI stocks, with TD Cowen repeating the rating for ADI by listing it as a “Buy.” The predicted price for ADI in the upcoming period, according to TD Cowen is $260 based on the research report published on November 27, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see ADI reach a price target of $220. The rating they have provided for ADI stocks is “Equal Weight” according to the report published on November 22nd, 2024.
Truist gave a rating of “Hold” to ADI, setting the target price at $233 in the report published on September 23rd of the current year.
ADI Trading at -3.03% 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 -12.94% of loss for the given period.
Volatility was left at 2.40%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares sank -2.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.50% lower at present.
During the last 5 trading sessions, ADI rose by +0.37%, which changed the moving average for the period of 200-days by +9.32% in comparison to the 20-day moving average, which settled at $215.99. In addition, Analog Devices Inc saw 7.05% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ADI starting from ROCHE VINCENT, who sale 10,000 shares at the price of $215.83 back on Dec 11 ’24. After this action, ROCHE VINCENT now owns 21,983 shares of Analog Devices Inc, valued at $2,158,300 using the latest closing price.
Bryant Gregory M, the Officer of Analog Devices Inc, proposed sale 9,825 shares at $216.40 during a trade that took place back on Dec 12 ’24, which means that Bryant Gregory M is holding shares at $2,126,136 based on the most recent closing price.
Stock Fundamentals for ADI
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.53 for the gross margin
The net margin for Analog Devices Inc stands at 0.17. The total capital return value is set at 0.05. Equity return is now at value 4.62, with 3.37 for asset returns.
Based on Analog Devices Inc (ADI), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 6.35.
Currently, EBITDA for the company is 2.03 billion with net debt to EBITDA at 1.33. When we switch over and look at the enterprise to sales, we see a ratio of 11.78. The receivables turnover for the company is 7.05for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.84.
Conclusion
In summary, Analog Devices Inc (ADI) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.