|Bid||94.30 x 1800|
|Ask||94.56 x 1800|
|Day's Range||94.19 - 95.70|
|52 Week Range||80.95 - 103.59|
|PE Ratio (TTM)||25.18|
|Forward Dividend & Yield||1.92 (2.08%)|
|1y Target Est||N/A|
Analog Devices (ADI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Shares of semiconductor (SMH) company Micron Technology (MU) rose 4% on September 18. The stock is currently trading at $45.33, 33% above its 52-week low of $34.09 and 30% below its 52-week high of $64.66.
In this series, we’ll look at the top technology stocks that fell on September 17 and compare them with analysts’ estimates. Cree (CREE), the maker of lighting-class LED (light-emitting diode) and semiconductor products, fell 5.2% on September 17. It seems that Cree has been impacted by the overall weakness in the semiconductor industry.
In the previous part of this series, we looked at how Goldman Sachs’s (GS) concerns weighed on stocks last week. In early September 2018, investment firm Evercore ISI downgraded several semiconductor stocks. Evercore is one of the top research firms covering semiconductor stocks.
While it’s too early to tell for sure, there’s already speculation about which Apple suppliers have maintained their valuable positions in the firm’s new lineup of products.
Certainly, the fact that Renesas is a Japanese company, rather than an American one, might have much to do with the company's willingness to pull the trigger on a deal that will need to be approved by Chinese regulators. At a buyout price of $49 per share -- it spells an equity value of $6.7 billion, and an enterprise value of $7.2 billion -- Renesas is paying a 29% premium to where IDT closed on Aug. 30, prior to the company's initial disclosure that it was in buyout talks with IDT. Renesas sees the deal closing in the first half of 2019.
Congressional scrutiny of social media companies pummeled their stocks, but other tech stocks could soon be vulnerable to a new round of selling pressure if President Donald Trump goes through with new tariffs on Chinese goods.
A Wall Street investment bank on Tuesday re-rated a host of semiconductor industry stocks, downgrading several names with exposure to Nand memory chips and analog processors. Evercore ISI downgraded Seagate to underperform from in line.
Shares of semiconductor-equipment company KLA-Tencor Corp. (klac) are up 0.7% in premarket trading Tuesday after Evercore ISI analyst C.J. Muse upgraded the stock to outperform from in-line and raised his price target to $140 from $130.
Companies like Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD) and Applied Materials (NASDAQ:AMAT) tend to get the bulk of media coverage when they have news or report earnings, but Analog Devices (NASDAQ:ADI) is quietly holding its own and ADI stock is outperforming the others by some significant measures. For example, Analog Devices doesn’t have near the market cap of Intel ($36 billion vs. $216 billion), but its earnings growth and sales growth have been much better over the last three years. It can’t match Applied Materials’ earnings growth over the last three years, but its profit margin and operating margin are better.
Important news for shareholders and potential investors in Analog Devices Inc (NASDAQ:ADI): The dividend payment of US$0.48 per share will be distributed into shareholder on 12 September 2018, and theRead More...
The Zacks Analyst Blog Highlights: Medtronic, EOG Resources, CSX, Analog Devices and Autodesk
Neither of those names sport stock charts that have earned them a spot on Thursday’s list of potential trades worth watching though. For today, GGP (NYSE:GGP), Analog Devices (NASDAQ:ADI) and Citizens Financial Group (NYSE:CFG) are shaping up as your top trading prospects… at least until something dramatic changes their brewing situations. It was one of the three stock charts put under the microscope back on July 26 as it began to rally out of a funk and pick up steam.
Analog Devices (ADI) reports strong fiscal third-quarter results, driven by strength in Industrial, Automotive and Communications markets.
The analog-technology company beat expectations for its fiscal third quarter earnings and revenue, and reported guidance in line with projections.
From the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Dan Howley to break down the latest market moves. Here's the performance of select risk markets as of 10:30 am EDT: NVDA Nvidia Corp 0.78% SVXY ProShs Short VIX Short-Term 0.71% MU Micron Tech 0.66% QCOM Qualcomm Inc 0.63% ADI Analog Devices 0.43% FAZ(HB) Finl Bear 3x Shs 0.33% QQQ Invesco QQQ Trust Series 1 0.28% NXPI NXP Semiconductors N.V. 0.27% GLD SPDR Gold Trust 0.26% XLNX Xilinx Inc 0.20% AVGO Broadcom Inc 0.20% INTC Intel Corp 0.15% MXIM Maxim Integrated Prod 0.08% SPY SPDR S&P 500 ETF 0.07% AMAT Applied Materials 0.06% KLAC KLA-Tencor Corp 0.05% SWKS Skyworks Solutions 0.04% TXN Texas Instruments 0.00% IWM iShs Russell 2000 ETF -0.02% USO(HB) United States Oil Fd LP -0.14% MCHP Microchip Tech -0.22% FAS(HB) Finl Bull 3x Shs -0.33% TSM Taiwan Semiconductor Mfg ADS -0.49% WTI W&T Offshore Inc -1.59% VXX iPath S&P 500 VIX Short-Term -1.59% UVXY ProShs Ultra VIX Short-Term -2.44% TVIX VS 2X VIX Short Term -2.87% ^IXIC Nasdaq Composite Index ^GSPC S&P 500 Index ^NDX Nasdaq 100 ^RUT Russell 2000 Index
Yahoo Finance's Jared Blikre joins Dion Rabouin from the floor of the New York Stock Exchange to discuss the latest market moves after OpenFinance commences trading of security tokens, digital assets that are issued pursuant to an exemption from registration under the Federal and state securities laws of the United States.