ADI - Analog Devices, Inc.
| Previous Close | 117.81 |
| Open | 117.58 |
| Bid | 115.55 x 800 |
| Ask | 125.00 x 1100 |
| Day's Range | 116.90 - 119.47 |
| 52 Week Range | 80.08 - 124.79 |
| Volume | 1644295 |
| Avg. Volume | 2,194,326 |
| Market Cap | 44B |
| Beta (5Y Monthly) | 1.41 |
| PE Ratio (TTM) | 32.54 |
| EPS (TTM) | 3.65 |
| Earnings Date | Feb 18, 2020 - Feb 24, 2020 |
| Forward Dividend & Yield | 2.16 (1.83%) |
| Ex-Dividend Date | 2019-12-05 |
| 1y Target Est | 123.88 |
- Insider Monkey
Hedge Funds Prefer Analog Devices Over ABB Ltd (ABB)
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
- Benzinga
Large Option Traders Dumping Apple Puts Ahead Of Tariff Deadline
Apple, Inc. (NASDAQ: AAPL) has been one of the hottest stocks in the market in 2019, gaining 70.8% and reaching a $1.2 trillion market cap. On Tuesday, Benzinga Pro subscribers received 34 option alerts related to unusually large trades of Apple options. At 9:11 a.m., a trader sold 2,792 Apple put options with a $240 strike price expiring on Feb. 21 near the bid price at $3.551.
- Barrons.com
2 Stocks to Buy to Play Growth of 5G Phones, According to an Analyst
With 5G wireless mobile phones on the way, the time has come to buy shares of the key radio component vendors, according to BofA Global Research.
- TipRanks
RBC: 3 “Strong Buy” Stocks That Could Step on the Gas in 2020
The Cambridge Dictionary’s definition of an expert is a “person with a high level of knowledge or skill relating to a particular subject or activity.”Apply this to the investing world, and how do we see this in action? We pull out TipRanks’ Top Wall Street Firms and notice who sits at the top of the heap.Occupying the throne right now is renowned investment bank RBC Capital, which means that among the company’s employees there are seasoned pros with a proven track record for success. Utilizing the TipRanks Stock Screener tool, we’ve found three stocks receiving Strong Buy ratings from most analysts in general, and endorsed by RBC in particular. Let’s take a closer look: Ovid Therapeutics (OVID)Ovid Therapeutics shares are on a tear. The stock price of this neurological medicines firm has raced ahead 66% this year, leaving the Nasdaq Biotechnology ETF (IBB) in its dust. But would you believe it has even further to run? Would you believe it could go up another 200%? RBC analyst Brian Abrahams does. In his latest research note, Abrahams reiterated an Outperform rating on OVID, along with a price target of $12.00 (To watch Abraham’s track record, click here)The drug maker has several therapies in the pipeline. Leading programs in development right now are OV101, which focuses on a potential treatment for Angelman syndrome and Fragile X syndrome, two neurodevelopmental disorders caused by genetic mutations, and OV935, a program focused on developing potential therapies for people living with rare epilepsies.Top-line data from a Phase 3 NEPTUNE trial of OV101 in Angelman's Syndrome should be released in mid-2020, and Abrahams thinks there is a very reasonable chance of success. While acknowledging some risk given disease heterogeneity, unclear dose dependence, and inconsistent subdomain effects in ph.II, the 5-star analyst noted, “We believe clinical and preclinical data for the company's lead candidate OV101, an extrasynaptic GABAA receptor agonist, are in totality supportive of the drug's activity in Angelman Syndrome, and believe the stock price currently underappreciates the likelihood the drug succeeds in improving clinical symptoms of the disease in ph.III. Given the high unmet need in this population, we believe FDA will be permissive -- highlighted by the Agency's endorsement of the pivotal trial design -- and if approved, should enable good uptake and pricing power.”Other analysts are even more optimistic. Indeed, the average price target on Wall Street is $13.50 -- implying nearly 240% upside. And over the last three months, no one on the Street has assigned Ovid shares anything less than a "buy" rating. (See Ovid stock analysis on TipRanks)Anaplan (PLAN)This year has seen a number of car crash IPO’s, as several over valued startups got on the receiving end of a harsh reality check following public listings. One to avoid such a fate, is cloud computing ‘connected planning’ platform, Anaplan.The company’s name derives from the combination of analysis and planning, which makes sense to us, as it makes software that connects people in a shared environment to business data in order to make better-informed plans and decisions.Anaplan impressed Wall Street with its latest F3Q20 earnings report. The company handily beat expectations on several key metrics, including top-line, billings, and margins. Additionally, this led to management significantly boosting its FY20 guidance.RBC’s Alex Zukin believes that a ‘large addressable market’ can serve as a catalyst for Anaplan’s growth, noting, “Anaplan indicates that the Planning market is a $21B+ opportunity (based on IDC forecasts). We believe customers are paying legacy vendors billions of dollars today and there is potential for spend significantly above that if greenfield, excel-based business processes meaningfully start to convert to Planning vendors.”Anaplan’s growth potential has Zukin reiterating his Outperform rating, along with a price target of $70. PLAN is currently trading at $52.56, indicating gains of 33% might be in the cards should Zukin’s target materialize. (To watch Zukin’s track record, click here)What’s the Street’s plan for PLAN, then? The consensus is that the connected planning innovator is a Strong Buy, a rating achieved as a result of 9 "buy" and 3 "hold" ratings issued in the past 3 months. The average stock-price forecast of $63.33 implies upside potential of 20% from current levels. (See PLAN stock analysis on TipRanks)Analog Devices (ADI)Last and least, we come to semiconductor maker Analog Devices, which scored an "outperform" rating (i.e. "buy") from 5-star RBC analyst Mitch Steves.ADI stock is up nearly 38% in 2019 compared to the S&P 500, which has returned 24%. That’s impressive, but the big question for investors is whether the company (and its stock) can maintain the momentum. Steves suggests that if everything goes as planned, ADI will be a $136 stock in the next 12 months, implying about 18% return. (To watch Steves’ track record, click here)The company’s recent FQ4 numbers were mildly below Street expectations. Revenues of $1.44 billion slightly missed the Street’s estimate of $1.45 billion, while EPS of $1.19 came below the $1.22 estimate. FQ1 guidance also missed the Street’s targets.Steves commented, “We continue to believe that sentiment is still quite negative on the stock and remain positive as operating margin expansion should begin in Q2 and beyond [...] We remain positive on ADI and its suggestion of a recovery in Q2 is in line with our Analog view as well.” The analyst further added, “We are seeing positive trends within ADI’s communications business, as the company manages to sustain share gain and capture 5G opportunities. Being exposed to 5G radio content represents significant differentiation relative to the analog group, in our view.”The RBC expert is not alone in his take on ADI, as 11 Buys and 3 Holds from the analysts tracked by TipRanks over the last 3 months result in a Strong Buy consensus rating. The average price target stands at $125.57. (See ADI stock analysis on TipRanks)
- American City Business Journals
Analog Devices sues California chipmaker over alleged patent infringement
The Norwood-based semiconductor company, which has more than $40 billion in market capitalization, is suing a chipmaker the company has worked with for years.
- Business Wire
Analog Devices Files Patent Infringement Lawsuit Against Xilinx
Analog Devices Files Patent Infringement Lawsuit Against Xilinx
- Zacks
Analog's Battery Management ICs to be Used in Rimac's BMS
Analog Devices' (ADI) battery management system integrated circuits have been deployed into Rimac's BMS.
- Business Wire
Rimac Chooses Analog Devices to Enable Precision Battery Management in High Performance Electric Vehicles
Analog Devices, Inc. (ADI) today announced that Rimac Automobili is planning to incorporate ADI’s precision battery management system (BMS) integrated circuits (ICs) into Rimac’s BMS. "Rimac is a technology powerhouse in the field of high-performance electric vehicles,” said Rimac CEO Mate Rimac.
- Zacks
New Strong Sell Stocks for November 29th
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.
- Simply Wall St.
Analog Devices, Inc. Consensus Forecasts Have Become A Little Darker Since Its Latest Report
It's been a good week for Analog Devices, Inc. (NASDAQ:ADI) shareholders, because the company has just released its...
- Insider Monkey
Analog Devices, Inc. (ADI): Hedge Fund Interest Cooling Off
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
- Business Wire
Analog Devices to Participate in the Credit Suisse Technology Conference
Analog Devices, Inc. today announced that the Company’s President and Chief Executive Officer, Vincent Roche, will speak at the Credit Suisse 23rd Annual Technology Conference in Scottsdale, AZ on Tuesday, December 3rd, at 8:45 a.m.
- Zacks
Analog Devices (ADI) Q4 Earnings & Revenues Miss Estimates
Analog Devices (ADI) reports weak fiscal fourth-quarter results due to tepid demand and macro uncertainty.
- Barrons.com
Analog Devices Stock Rebounds After Disappointing Earnings
Adjusted profits were $1.19 a share, lower than the company had told investors to expect, and below the consensus view among Wall Street analysts that earnings would be $1.22 a share.
- Benzinga
Najarian Brothers Highlight Unusual Option Activity In Qualcomm, Home Depot And More
Jon Najarian spoke on CNBC's "Fast Money Halftime Report," about unusually high options activity in Analog Devices, Inc. (NASDAQ: ADI ) and United States Natural Gas Fund, LP (NYSE: UNG ). Options ...
- Business Wire
Analog Devices Appoints Dr. Susie Wee to Board of Directors
Analog Devices, Inc. (ADI) today announced the appointment of Dr. Susie Wee to the Board of Directors as an independent director, effective November 29, 2019. Dr. Wee is the Senior Vice President and General Manager of DevNet and CX Ecosystem Success at Cisco Systems and will serve on the Board’s Compensation Committee.
- Investor's Business Daily
Analog Devices Stock Seesaws As Chipmaker Misses Q4 Targets, Guides Lower
Chipmaker Analog Devices on Tuesday missed Wall Street's targets for its fiscal fourth quarter and guided lower for the current quarter. ADI stock wavered following the earnings report.
- Zacks
Analog Devices (ADI) Lags Q4 Earnings and Revenue Estimates
Analog Devices (ADI) delivered earnings and revenue surprises of -1.65% and -0.63%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
- MarketWatch
Analog Devices stock falls after earnings slip
Analog Devices Inc. shares are down 3.5% in premarket trading Tuesday after the company saw earnings and revenue slip in its October quarter. The company reported fiscal fourth-quarter net income of $266.7 million, or 74 cents a share, down from $404.9 million, or $1.08 a share, in the year-earlier period. Adjusted earnings per share fell to $1.19 from $1.48. Analog Devices posted revenue of $1.44 billion, down from $1.54 billion a year earlier. Analysts surveyed by FactSet were expecting $1.45 billion. For the fiscal first quarter, Analog Devices expects revenue of $1.25 billion to $1.35 billion and adjusted earnings per share of 93 cents to $1.07. The stock has gained 32% so far this year, as the S&P 500 has risen 25%.
- TEST Business Wire Releases
Analog Devices Reports Fourth Quarter and Fiscal 2019 Results
Analog Devices, Inc. (Nasdaq: ADI), a leading global high-performance analog technology company, today announced financial results for its fourth quarter and fiscal 2019, which ended November 2, 2019.
- TheStreet.com
[video]Analog Devices Rises Slightly Even After Earnings Miss, Weak Guidance
The chipmaker misses earnings and revenue expectations and guides earnings below Wall Street expectations.
- Investing.com
Analog Devices Earnings, Revenue Miss in Q4
Investing.com - Analog Devices reported fourth quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
- Investor's Business Daily
Analog Devices Getting Closer To Key Technical Measure
Analog Devices shows improving price performance, earning an upgrade to its IBD Relative Strength Rating
- Barrons.com
Best Buy, Alibaba, Deere and Other Stocks for Investors to Watch This Week
It’s a Thanksgiving-shortened week. Analog Devices, Dell Technologies, Best Buy, and Deere all report. Plus, data on consumer income and spending and business investment.
