Given recent action, Analog Devices, Inc. (ADI)'s shares projecting a $88.6 target price. A research note issued on 7/27/16 the stock was upgraded by Goldman from Sell to Neutral. Finally, Royal Bank of Canada boosted their price target on shares of Analog Devices from $80.00 to $85.00 and gave the company an "outperform" rating in a report on Monday, January 30th. They issued an "outperform" rating and a $100.00 price objective on the stock. (NASDAQ:ADI) stock a Strong Buy, 3 rate the stocks of the company a Buy, 5 rate Hold, 0 rate Sell and 0 recommend a Strong Sell.
RBC Capital analyst Jonathan Atkin reiterated a Hold rating on Sprint Corp (NYSE: S) yesterday and set a price target of $8. The stock has a market cap of $25.74 billion, a P/E ratio of 28.40 and a beta of 1.19. In this case, shares are down -1.8% from $84.24, the 52-week high touched on March 06, 2017, and are keeping their losses at 49.15% for the past 12 months.
Analog Devices, Inc. (ADI) closed 24.3% above its 200-day moving average and is 6.88% above another chart threshold, its 50-day moving average.
Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, February 15th. Analog Devices had a net margin of 25.18% and a return on equity of 19.31%. The company had revenue of $984 million for the quarter, compared to analysts' expectations of $871.58 million. Earnings per share were $0.94. The firm's revenue was up 27.9% compared to the same quarter past year. With the volume soaring to 4,107,669 shares, the last trade was called at $82.72.
03/07/2017 - Analog Devices, Inc. had its "overweight" rating reiterated by analysts at Morgan Stanley. If you are reading this article on another site, it was stolen and republished in violation of US and worldwide copyright & trademark law. Most recently on 2/16/17 the stock of Analog Devices, Inc.
ADI's revenue has grown at an average annualized rate of about 2.7% during the past five years. This is an increase from Analog Devices's previous quarterly dividend of $0.42. The ex-dividend date was Wednesday, February 22nd. Analog Devices's dividend payout ratio (DPR) is now 60.87%.
In other Analog Devices news, Director James Champy sold 1,850 shares of the firm's stock in a transaction that occurred on Tuesday, March 14th. Stock's intraday price range hit the peak level of $83.33 and touched the lowest level of $82.73. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. They now have a United States dollars 72 price target on the stock. Following the transaction, the senior vice president now owns 14,284 shares of the company's stock, valued at $1,030,590.60. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock. During the same quarter past year, the firm posted $0.56 earnings per share.
The good news is there's still room for the share price to grow. Its monthly volatility value of 1.53% and volatility for the week is valued at 1.53%. Price T Rowe Associates Inc. Finally, CENTRAL TRUST Co increased its stake in Analog Devices by 33.3% in the third quarter. A lower P/B ratio could mean that the stock is undervalued. Wells Fargo & Company MN increased its position in shares of Analog Devices by 6.4% in the third quarter. During the last six months the stock climbed 34.38%. He performs analysis of Companies and publicizes important information for investor/traders community.
Analog Devices, Inc.is one of the world leaders in the design, manufacture and marketing of high-performance analog, mixed-signal and digital signal processing integrated circuits used in signal processing applications. The Companys produces a wide range of products including data converters amplifiers and linear products radio frequency (RF) ICs power management products sensors based on micro-electro mechanical systems (MEMS) technology and other sensors and processing products including DSP and other processors that are created to meet the needs of a broad base of customers.