Analog stock: buy or sell?
August 19th, 2019
Analog Devices, Inc. designs, manufactures, and markets a portfolio of solutions that leverage analog, mixed-signal, and digital signal processing technology, including integrated circuits (ICs), algorithms, software, and subsystems.
Should I buy Analog stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Analog Devices stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Analog stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we gathered 15 ratings published for ADI stock in the last month. The general sentiment of these ratings is bullish for ADI stock, with 10 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-9||Piper Jaffray Companies||n/a||Overweight|
|2019-6-10||Goldman Sachs Group||Sell||Buy|
|2019-5-23||Morgan Stanley||n/a||Equal Weight|
|2019-5-22||Royal Bank of Canada||n/a||Outperform|
|2019-4-30||Royal Bank of Canada||n/a||Outperform|
|2019-3-25||Sanford C. Bernstein||Outperform||Market Perform|
|2019-2-21||BMO Capital Markets||n/a||Outperform|
|2019-2-20||Robert W. Baird||n/a||Buy|
|2019-2-11||Bank of America||Neutral||Buy|
|2019-2-1||Piper Jaffray Companies||Overweight||Outperform|
|2019-1-4||Royal Bank of Canada||Outperform||Sector Perform|
|2019-1-4||Bank of America||Buy||Neutral|
Analog stock analysis
After breaking up the simple moving average line of 100d yesterday, Analog shares closed today at $111.17, inched a 0.59%.
After crossing up the SMA line of 100 days yesterday, Analog shares closed today at $111.17, inched a 0.59%. ADI is soaring again after a 5.08% correction from its last top on Tuesday at $113.58. For the last 19 days when SMA50d and SMA100d crossed up, ADI price slipped $-9.79 per share (-8.09%). On July/24, ADI hit new all time highs, pushing higher previous ATH of $119.93 recorded on July/23. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Shares of Analog Devices inched a slightly good 0.59% this week. Late July ADI plummed a chilling -8.09% in just one week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $124.79 resistance. Not so far away is the last price record Analog marked late July. By mid March, SMA20w and SMA40w crossed up triggering a rise of 6.05%. Since price and SMA40w lines crossed up late January, ADI climbed $20.78 (22.99%).
Analog stock price history
Analog IPO was on March 17th, 1980 at $0.50 per share1. Since then, ADI stock surged a 22,134.00%, with an average of 567.50% per year. If you had invested $1,000 in Analog stock in 1980, it would worth $221,340.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Analog stock historical price chart
ADI stock reached all-time highs on July/24 with a price of $124.79.
Analog stock price target is $117.30Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' ADI stock price predictions in the hope that they will be met as they may be wrong and not met. We found 10 price targets for Analog stock released in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-9||Piper Jaffray Companies||Reiterates||$118.00||$135.00||14.4%|
|2019-6-10||Goldman Sachs Group||Upgrades||$101.00||$114.00||12.9%|
|2019-5-23||SunTrust Banks||Lowers Target||n/a||$122.00||-|
|2019-5-23||Morgan Stanley||Lowers Target||$100.00||$97.00||-3%|
|2019-5-22||Royal Bank of Canada||Reiterates||$140.00||$120.00||-14.3%|
|2019-2-21||SunTrust Banks||Raises Target||n/a||$126.00||-|
|2019-2-21||BMO Capital Markets||Raises Target||n/a||$130.00||-|
|2019-2-20||Robert W. Baird||Reiterates||n/a||$100.00||-|
|2019-2-1||Piper Jaffray Companies||Reiterates||n/a||$112.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAnalog presented tiny results for 2019-Q1 on February. Analog gained Earnings per Share (EPS) by 3.90%, beating analysts consensus of $1.28. Analog posted $1.33.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an outstanding growth of 21.41% to $6,200.94 M USD. Likewise, its income margin (compared to revenues) rose to 24.12%, that is $1,495.43 million. Analog fiscal year ends in October, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Analog TTM sales up to January 2019 were $6,223.42 and income $1,582.27 M USD. When comparing this TTM figures with the last reported annuality, we can review Analog business evolution since October 2018: Annual turnover up to January, compared to lastest yearly report, remained constant a tight 0.36%. Aligned with this, profit margin (net income/sales) stepped up at 24.12%.
|2013||$2,630 M||-||$673 M25.6%||-|
|2014||$2,860 M||8.75%||$629 M22.0%||-6.56%|
|2014||$2,865 M||0.17%||$629 M22.0%||0.00%|
|2015||$3,440 M||20.08%||$697 M20.3%||10.74%|
|2015||$3,435 M||-0.14%||$697 M20.3%||0.00%|
|2016||$3,420 M||-0.44%||$862 M25.2%||23.65%|
|2016||$3,421 M||0.04%||$862 M25.2%||0.00%|
|2017||$5,110 M||49.35%||$725 M14.2%||-15.86%|
|2017||$5,108 M||-0.05%||$727 M14.2%||0.31%|
|2018||$6,201 M||21.41%||$1,495 M24.1%||105.63%|
|TTM||$6,223 M||0.36%||$1,582 M25.4%||5.81%|
Quarterly financial resultsAnalog reported $1,541.10 million in revenues for 2019-Q1, a -3.48% less compared to previous quarter. Reported quarter earnings marked $355.01 M with a profit margin of 23.04%. Profit margin slightly fell a -4.08% compared to previous quarter when profit margin was 27.12%. When comparing revenues to same quarter last year, Analog Devices sales marked a slightly good increase and appreciated a 1.48%.
|2017-Q2||$1,150 M||-||$94 M8.1%||-|
|2017-Q3||$1,430 M||24.35%||$68 M4.8%||-27.38%|
|2017-Q4||$1,541 M||7.77%||$348 M22.6%||411.70%|
|2018-Q1||$1,519 M||-1.46%||$268 M17.7%||-22.86%|
|2018-Q2||$1,513 M||-0.37%||$380 M25.1%||41.64%|
|2018-Q3||$1,573 M||3.94%||$414 M26.4%||9.12%|
|2018-Q4||$1,597 M||1.52%||$433 M27.1%||4.46%|
|2019-Q1||$1,541 M||-3.48%||$355 M23.0%||-18.01%|
Analog ownershipWhen you are planning to invest in shares of a company, it's worth to have a look its ownership structure.
Analog Devices shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.34% of all shares.
Bearish positions for ADI stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$41.1 B||$3.2 B||$21.0 B||$14.7 B||$7.4 B|
|Total shares||369.8 M||58.1 M||238.0 M||272.4 M||412.0 M|
|Float shares||368.3 M||57.7 M||232.8 M||270.5 M||402.6 M|
|- Institutional holdings (%)||92.5%||91.7%||117.6%||100.0%||98.3%|
|- Insider holdings (%)||0.3%||1.0%||2.2%||0.7%||1.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Monday, August 19th, 2019|
|Day range||$110.81 - $113.29|
|Average true range||$3.76|
|50d mov avg||$112.90|
|100d mov avg||$110.15|
|200d mov avg||$102.07|
Analog performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Analog to Cirrus Logic, Microchip Technology, Maxim Integrated Products, ON Semiconductor, Silicon Laboratories, Semtech, STMicroelectronics and Texas Instruments:
|MXIMMaxim Integrated ...||1.86%||-1.44%||-6.79%|
Analog competitorsOne check before trading any stock is to have a look a list of its competitors, in this case for Analog. We chose 8 companies as Analog competitors as they are in the same industry or have similar market objectives.
- Cirrus Logic (CRUS)
- Microchip Technology (MCHP)
- Maxim Integrated Products (MXIM)
- ON Semiconductor (ON)
- Silicon Laboratories (SLAB)
- Semtech (SMTC)
- STMicroelectronics (STM)
- Texas Instruments (TXN)
Latest Analog stock news
- Investors.comDow Jones Edges Higher Ahead Of Fed Minutes; Analog Devices Leads Chip RallyFebruary 20, 2019
- InvestorPlaceInvestors Are Wrong To Think Of Alibaba As An Amazon AnalogJanuary 15, 2019
- Seeking AlphaAnalog Devices, Another Mini Texas InstrumentsDecember 11, 2018
- InvestorPlaceAnalog Devices Is the Perfect Stock to Buy While No One Is LookingAugust 27, 2018
- InvestorPlace3 Big Stock Charts for Thursday: GGP, Analog Devices and Citizens Financial GroupAugust 23, 2018