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.

Investment analysts gave a few price targets for ADI. The most optimistic price target was 105, which equates to a potential upside of 32.51 percent. The most pessimistic price target was 72.5, implying potential capital losses 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. This can be compared with the average change in earnings estimates over the past 3 months, which is 9.57 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of ADI to grow at a rate of 64.56 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ADI is 0.46.

ADI has a 52-week high of 90.49 and a 52-week low of 59.01. Currently the stock is 34.28 percent higher than its low, and 12.43 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.