In Friday’s Wall Street session, Analog Devices Inc (NASDAQ:ADI) shares traded at $164.60, down -9.00% from the previous session.
ADI stock price is now -22.82% away from the 50-day moving average and -25.38% away from the 200-day moving average. The market capitalization of the company currently stands at $81.64B.
With the price target of $245, The Benchmark Company recently initiated with Buy rating for Analog Devices Inc (NASDAQ: ADI). On November 27, 2024, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $270 to quote $260, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, ROCHE VINCENT, Chair & CEO sold 10,000 shares of the company’s stock on Apr 01 ’25. The stock was sold for $2,002,600 at an average price of $200.26. Upon completion of the transaction, the Chair & CEO now directly owns 107,912 shares in the company, valued at $17.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, Officer ROCHE VINCENT bought 10,000 shares of the business’s stock. A total of $2,002,600 was incurred on buying the stock at an average price of $200.26. A total of 0.29% of the company’s stock is owned by insiders.
During the past 12 months, Analog Devices Inc has had a low of $180.40 and a high of $247.10. As of last week, the company has a debt-to-equity ratio of 0.22, a current ratio of 1.93, and a quick ratio of 1.43. According to the stock market information, the enterprise value for the company is $86535241728, which is based on a 52.49 price-to-earnings ratio, a 3.07 price-to-earnings-growth ratio, and a beta of 1.01. The fifty day moving average price for ADI is $213.2768 and a two-hundred day moving average price translates $220.5846 for the stock.
The latest earnings results from Analog Devices Inc (NASDAQ: ADI) was released for 2025-02-01. The net profit margin was 16.75% and return on equity was 4.43% for ADI. The company reported revenue of $2.42 billion for the quarter, compared to $2.51 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.56 percent.
