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 maximum price target given was 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. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 9.57 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of ADI to grow at a rate of 64.56 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. The current market price is above the trailing year's low by 34.28 percent, and below the high by 12.43 percent. 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.