98.42 0.00 (0.00%)
After hours: 4:48PM EDT
|Bid||97.56 x 800|
|Ask||99.49 x 1800|
|Day's Range||98.33 - 100.42|
|52 Week Range||76.62 - 118.54|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||24.24|
|Earnings Date||May 28, 2019 - Jun 3, 2019|
|Forward Dividend & Yield||2.16 (1.86%)|
|1y Target Est||117.61|
Analog Devices, Inc. today announced that the Company’s President and Chief Executive Officer, Vincent Roche, will speak at Bernstein’s 35th Annual Strategic Decisions Conference in New York, NY on Wednesday, May 29th, at 10:00 a.m.
The United States has effectively banned its companies from doing business with Huawei, exacerbating an ongoing Sino-U.S. trade war. Huawei is allowed to buy U.S. goods until Aug. 19 to maintain existing telecoms networks and provide software updates to its smartphones. - ALPHABET INC: Google on May 19 suspended the transfer of hardware, software and technical services to Huawei, except what it has made publicly available via open source licensing.
Ned Davis Research points out that Qualcomm had 67% of its 2018 revenue come from China, while Micron saw 57.1% of its sales come from the second-largest economy in the world. Investors trying to get a gauge on the state of U.S.-China trade relations should look at shares of big chipmakers like Qualcomm, Micron Technology and Broadcom, according to Ned Davis Research. The firm points out that Qualcomm QCOM had 67% of its 2018 revenue come from China, while Micron MU saw 57.1% of its sales come from the second-largest economy in the world.
Stocks of companies that supply parts and services to Apple Inc. fell Wednesday. Among notable small-cap stocks of companies supplying Apple, two rose while 25 fell. R.R. Donnelley & Sons shares rose 15 cents, or 5.
Chipmaker Analog Devices beat Wall Street's targets for its fiscal second quarter, but disappointed with its guidance. The Analog Devices earnings news caused its stock to waver Wednesday.
The multinational semiconductor company with headquarters in Norwood said the Trump administration’s move to ban Huawei equipment last week "will have at least a short-term impact" on the company's finances. On Wednesday morning, Analog Devices (Nasdaq: ADI) was the first large U.S. chipmaker to report earnings results following the federal ban last week. The Chinese company accounts for 3.3 percent of the revenue of Analog Devices, according to Bloomberg supply-chain data.
Analog Devices Beats Q2 Earnings Estimates and Outperforms Peers(Continued from Prior Part)Analog chipmakers’ June 2019 quarter guidance Analog chipmakers have exposure to almost all end markets including industrial, automotive, communications,
Analog Devices Beats Q2 Earnings Estimates and Outperforms PeersAnalog stock rebounds from technical weaknessToday, Analog Devices (ADI) reported its fiscal 2019 second-quarter earnings. Earnings beat analyst estimates at a crucial time when the
Analog Devices' (ADI) strong momentum in the communications market benefits fiscal second-quarter results. However, weak performance in industrial and consumer markets is a headwind.
rose $1.87 to $101.75 Wednesday after the semiconductor maker beat Wall Street's second-quarter earnings and revenue expectations. Last year Analog Devices reported second-quarter net income of $400.3 million and adjusted earnings of $1.06 a share.
Analog Devices (ADI) delivered earnings and revenue surprises of 4.62% and 1.50%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Analog Devices Inc. slipped 0.5% in premarket trade Wednesday, after the chip maker reported fiscal second-quarter earnings and revenue that beat expectations, but provided downbeat third-quarter outlook as a result of the U.S.'s export restrictions on a "large communications company." Net income for the quarter to May 4 fell to $367.9 million, or 98 cents a share, from $400.3 million, or $1.06 a share, in the year-ago period. Excluding non-recurring items, adjusted earning per share fell to $1.36 from $1.50, but was above the FactSet consensus of $1.31. Revenue slipped 2% to $1.53 billion, topping the FactSet consensus of $1.51 billion, as better-than-expected industrial, automotive and communications revenue offset a miss in consumer revenue. For the third quarter, Analog expects adjusted EPS of $1.22, plus or minus 7 cents, compared with the FactSet consensus of $1.38, and expects revenue of $1.45 billion, plus or minus $50 million, versus expectations of $1.55 billion. "The world around us remains volatile and uncertain, but when I take a step back and look past the geopolitical noise, I am confident that the macrotrends propelling our markets forward are creating unprecedented demand for the technologies we provide," said Chief Executive Vincent Roche. Analog's stock has rallied 16.4% year to date through Tuesday, while the PHLX Semiconductor Index has climbed 19.0% and the S&P 500 has advanced 14.3%.
On a per-share basis, the Norwood, Massachusetts-based company said it had profit of 98 cents. Earnings, adjusted for one-time gains and costs, were $1.36 per share. The results exceeded Wall Street expectations. ...
NORWOOD, Mass.-- -- Revenue of $1.53 billion led by strong growth in our communication applications across multiple markets B2B revenue increased year-over-year for the 12 th consecutive quarter Operating Cash Flow of $2.4 billion and Free Cash Flow of $2.1 billion on a trailing twelve months basis Returned over $300 million to shareholders in the second quarter through dividends and share repurchases ...
Investing.com - Analog Devices (NASDAQ:ADI) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
is expected to report quarterly earnings of $1.31 a share on sales of $1.5 billion before the market opens on Wednesday, based on a FactSet survey of 22 analysts. Quarterly estimates have risen less than 1 cent a share in the past month. Analog Devices is currently trading at a price-to-forward-earnings ratio of 16.9 based on the 12-month estimates of 23 analysts surveyed by FactSet.
Leading the retreat were Baidu Inc. and Tesla Inc. as concern over their respective earnings sent the stocks down at least 5%. Chipmakers such as Xilinx Inc. and Qualcomm Inc. also lagged toward the bottom as the Trump administration’s threats to choke Huawei Technologies Co. hit some of the biggest component-makers. Another victim of trade angst is Apple Inc., the iPhone maker that sits in the crossfire of a new round of tariff hikes between the U.S. and China.
Analog Devices' (ADI) strength in end-markets served, primarily auto, is likely to aid the upcoming results. Softness in the consumer market and geopolitical uncertainty may impact fiscal Q2 earnings.
While the sector has been one of the biggest casualties of the escalation of trade tensions between the U.S. and China, news on Monday that some Huawei Technologies Co. suppliers are said to have halted shipments to the Chinese company sent chipmakers plummeting. The Philadelphia Semiconductor index fell as much as 3.3% in New York, its biggest drop in a week, while in Europe, the Stoxx 600 Technology Index slid 3%. The company said in a statement that it cannot predict when shipments will resume.
A sell-off in chip stocks intensified following a report that chipmakers are cutting ties with Huawei after the Trump administration's ban.
U.S. and European chipmakers fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to a U.S. crackdown. The selling came after Nikkei Asian Review reported that Infineon had halted shipments to Huawei after Washington added the world's No. 2 smartphone maker to a trade blacklist last week, imposing restrictions that will make it difficult to do business with U.S. companies. Reuters reported that Alphabet Inc's Google had suspended some business with Huawei and Lumentum Holdings Inc, seen as a major supplier of Apple Inc's face ID technology, said it had discontinued all shipments to Huawei.
Apple has one of the best supply-chain models. Here are some of the top businesses involved, along with the benefits and challenges for each.
WASHINGTON/BEIJING (Reuters) - A U.S. bid to block China's Huawei Technologies from buying vital American technology threw into question prospects for sales at some of the largest tech companies and drew a sharp rebuke from Beijing, further ratcheting up tensions over trade. Shares of Huawei's U.S. suppliers fell on fears the Chinese firm would be forced to stop buying American chips, software and other components after the Trump administration banned it from buying U.S. technology without special approval.