Brokers Set Expectations for Analog Devices FY2025 Earnings

Analog Devices, Inc. (NASDAQ:ADI) – Equities researchers at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Analog Devices in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse anticipates that the semiconductor company will earn $7.04 per share for the year. Cantor Fitzgerald has a “Neutral” rating and a $250.00 price objective on the stock. The consensus estimate for Analog Devices’ current full-year earnings is $7.09 per share.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Tuesday, November 26th. The semiconductor company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.03. The business had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.41 billion. Analog Devices had a net margin of 17.35% and a return on equity of 9.01%. Analog Devices’s revenue was down 10.1% compared to the same quarter last year. During the same period last year, the business posted $2.01 EPS.

Several other analysts have also issued reports on ADI. Barclays decreased their price target on shares of Analog Devices from $250.00 to $210.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. Morgan Stanley decreased their price objective on Analog Devices from $252.00 to $248.00 and set an “overweight” rating on the stock in a report on Wednesday, November 27th. Wells Fargo & Company began coverage on shares of Analog Devices in a report on Friday, November 22nd. They issued an “equal weight” rating and a $220.00 price target on the stock. Truist Financial upped their price objective on Analog Devices from $216.00 to $230.00 and gave the company a “hold” rating in a research note on Friday, January 10th. Finally, Piper Sandler reduced their target price on shares of Analog Devices from $235.00 to $220.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 27th. Seven research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $248.70.

Analog Devices Stock Up 1.0 %

ADI opened at $221.45 on Wednesday. Analog Devices has a 1-year low of $182.57 and a 1-year high of $244.14. The business has a 50 day moving average of $215.62 and a 200-day moving average of $222.39. The stock has a market capitalization of $109.87 billion, a price-to-earnings ratio of 67.31, a P/E/G ratio of 2.51 and a beta of 1.05. The company has a current ratio of 1.84, a quick ratio of 1.35 and a debt-to-equity ratio of 0.19.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Monday, December 9th were issued a $0.92 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $3.68 annualized dividend and a dividend yield of 1.66%. Analog Devices’s dividend payout ratio (DPR) is currently 111.85%.

Insider Transactions at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $223.87, for a total transaction of $2,238,700.00. Following the sale, the chief executive officer now directly owns 21,983 shares of the company’s stock, valued at approximately $4,921,334.21. This represents a 31.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Gregory M. Bryant sold 20,000 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $223.87, for a total transaction of $4,477,400.00. Following the transaction, the executive vice president now owns 59,093 shares in the company, valued at $13,229,149.91. This represents a 25.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 50,000 shares of company stock valued at $11,029,300 over the last quarter. Corporate insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On Analog Devices

Large investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new stake in Analog Devices during the 3rd quarter worth approximately $28,000. Archer Investment Corp grew its position in shares of Analog Devices by 101.4% during the 3rd quarter. Archer Investment Corp now owns 145 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 73 shares in the last quarter. Peterson Financial Group Inc. bought a new position in shares of Analog Devices during the third quarter worth approximately $43,000. Reston Wealth Management LLC acquired a new stake in shares of Analog Devices in the third quarter valued at approximately $48,000. Finally, Northwest Investment Counselors LLC bought a new stake in shares of Analog Devices in the third quarter valued at approximately $80,000. Institutional investors own 86.81% of the company’s stock.

About Analog Devices

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.