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.

Several price targets were given for ADI by the analysts covering the stock. The most optimistic analyst gave a price target of 105, implying potential capital gains of 32.51 percent. The most pessimistic price target was 72.5, which equates to a potential downside of -8.51 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

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. If we look at the last 90 days instead, we find a net average change of 8.42 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of ADI to grow at a rate of 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, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. ADI has a PEG ratio of 0.46.

In the trailing 52-weeks, ADI hit 90.49 at the highest peak, while it's lowest trading point was 59.01. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.