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 most optimistic analyst gave a price target of 105, implying potential capital gains of 32.51 percent. The minimum price target given was 72.5, implying a possible loss of -8.51 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 9.57 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.42 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of ADI's earnings is estimated by analysts to be 64.56 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies 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. Currently the stock is 34.28 percent higher than its low, and 12.43 percent below the high. ADI has a P/E 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 stock has a market capitalization of $29.2 billion. ADI's next earnings release will be on 0000-00-00, which is days away.