Analog Devices, Inc. [NASDAQ: ADI] shares went higher by 0.18% from its previous closing of $108.58, now trading at the price of $108.78, also adding 0.2 points. Is ADI stock a buy or should you stay away?
The stock had a rather active trading session with the latest closing, by far recording 2.9 million contracts. Compared to the average trading volume of ADI shares, the company saw a far better performance. Moreover, the stock has a 368.11M float and a -4.01% run over in the last seven days. ADI share price has been hovering between $124.79 and $80.08 lately, and is definitely worthy of attention.
Analog Devices, Inc. [NASDAQ:ADI]: Analyst Rating and Earnings
Its stock price has been found in the range of 80.08 to 124.79. This is compared to its latest closing price of $108.58.
Stay on the lookout for the next quarterly financial report – the company is expected to release the following results on Tue 26 Nov (In 4 Days).
Fundamental Analysis of Analog Devices, Inc. [ADI]
Now let’s turn to look at profitability: with a current Operating Margin for Analog Devices, Inc. [ADI] sitting at +31.34 and its Gross Margin at +61.35, this company’s Net Margin is now 23.50%. These measurements indicate that Analog Devices, Inc. [ADI] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 11.00, and its Return on Invested Capital has reached 10.20%. Its Return on Equity is 14.09, and its Return on Assets is 7.16. These metrics show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates ADI financial performance.
Turning to investigate this organization’s capital structure, Analog Devices, Inc. [ADI] has generated a Total Debt to Total Equity ratio of 57.63. Similarly, its Total Debt to Total Capital is 36.56, while its
What about valuation? This company’s Enterprise Value to EBITDA is 17.29 and its Total Debt to EBITDA Value is 2.31. The Enterprise Value to Sales for this firm is now 7.72, and its Total Debt to Enterprise Value stands at 0.17. Analog Devices, Inc. [ADI] has a Price to Book Ratio of 2.94, a Price to Cash Flow Ratio of 13.38 and P/E Ratio of 26.86. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.
Shifting the focus to workforce efficiency, Analog Devices, Inc. [ADI] earns $392,465 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 9.33 and its Total Asset Turnover is 0.30. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.08 and its Current Ratio is 1.50. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Analog Devices, Inc. [ADI] has 369.15M shares outstanding, amounting to a total market cap of $40.16B. Its stock price has been found in the range of 80.08 to 124.79. At its current price, it has moved down by -12.83% from its 52-week high, and it has moved up 35.84% from its 52-week low.
This stock’s Beta value is currently 1.41, which indicates that it is 1.72% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 42.50. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Analog Devices, Inc. [ADI] a Reliable Buy?
Shares of Analog Devices, Inc. [ADI], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.