Analyst Ratings for Analog Devices Inc. (ADI)

Updated: 2017-07-28

Shares of Analog Devices Inc. (NASDAQ:ADI) have received a consensus rating of Overweight from Wall Street analysts. Last month, ADI received an average rating of Overweight.

Of the 28 analysts covering the stock, 15 gave it a buy rating, 2 issued an overweight rating, 10 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for ADI. The highest price target was 105, implying potential capital gains of 32.51 percent. The most pessimistic price target was 72.5, implying a possible loss of -8.51 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 9.57 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 8.42 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of ADI's earnings is estimated by analysts to be 64.56 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ADI is 0.46.

ADI has traded between a high of 90.49 and a low of 59.01 over the past year. Today's price is 34.28 percent above the 52-week low, and 12.43 percent lower than its 52-week high. ADI has a price/earnings ratio of 29.9. Investors typically compare the P/E ratio to a company's peers in the industry. The ADI value stock report compares ADI to some of its peers using value stock charts. The market cap of ADI is $29.2 billion. ADI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.