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After finishing at $212.84 in the prior trading day, Analog Devices Inc (NASDAQ: ADI) closed at $212.24, down -0.28%. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 3.21 million shares were traded. ADI stock price reached its highest trading level at $215.035 during the session, while it also had its lowest trading level at $211.48.
Ratios:
Our goal is to gain a better understanding of ADI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 41.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.75. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on September 23, 2024, Downgraded its rating to Hold and sets its target price to $233 from $266 previously.
On May 23, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $210 to $270.
On May 13, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $250.Jefferies initiated its Buy rating on May 13, 2024, with a $250 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 01 ’24 when ROCHE VINCENT sold 10,000 shares for $223.87 per share. The transaction valued at 2,238,700 led to the insider holds 21,983 shares of the business.
Bryant Gregory M sold 20,000 shares of ADI for $4,477,400 on Nov 01 ’24. The EVP & Pres. Global Bus. Units now owns 59,093 shares after completing the transaction at $223.87 per share. On Nov 01 ’24, another insider, ROCHE VINCENT, who serves as the Officer of the company, bought 10,000 shares for $223.87 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADI now has a Market Capitalization of 105375678464 and an Enterprise Value of 110948392960. As of this moment, Analog’s Price-to-Earnings (P/E) ratio for their current fiscal year is 64.00, and their Forward P/E ratio for the next fiscal year is 28.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.86 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 11.437 whereas that against EBITDA is 25.439.
Stock Price History:
Over the past 52 weeks, ADI has reached a high of $244.14, while it has fallen to a 52-week low of $175.00. The 50-Day Moving Average of the stock is -6.10%, while the 200-Day Moving Average is calculated to be -1.36%.
Shares Statistics:
The stock has traded on average 2.86M shares per day over the past 3-months and 3150810 shares per day over the last 10 days, according to various share statistics. A total of 496.26M shares are outstanding, with a floating share count of 493.73M. Insiders hold about 0.56% of the company’s shares, while institutions hold 88.93% stake in the company. Shares short for ADI as of 1730332800 were 7434644 with a Short Ratio of 2.60, compared to 1727654400 on 9617348. Therefore, it implies a Short% of Shares Outstanding of 7434644 and a Short% of Float of 1.5.
Dividends & Splits
In the trailing 12 months, ADI’s forward annual dividend rate was 3.62, compared to 3.62 this year. Against a Trailing Annual Dividend Yield of 0.017008081The stock’s 5-year Average Dividend Yield is 1.78.
