Analog stock: buy or sell?
October 18th, 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?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Analog stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|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?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we detected 15 ratings published for ADI stock in the last month. The general sentiment of these ratings is bullish for ADI stock, with 11 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-22||Morgan Stanley||n/a||Equal Weight|
|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|
Analog stock analysis
Shares of Analog Devices slightly fell a lame -0.47% and closed at $109.48.
Analog Devices slightly fell a lame -0.47% and closed at $109.48. Since SMA50d and SMA100d crossed up on July, ADI price slid a -9.04%. On July, ADI hit a new all time high, pushing higher than on July tops. Check different trading setups that use ATHs as triggers.
Analog Devices declined a bad -1.56% this week. Late August ADI boosted an outstanding 5.63% in just one week.
Analog stock just marked a top under its last top. Athought it's not concerning right now, investors in ADI should be on alert as this could be a warning for future complications. It's important ADI stock price keeps the level, and maybe bounce up from there forming a double bottom shape. Not so far away is the last all-time high Analog Devices marked late July. Since SMA20d and SMA40w crossed up by mid March, ADI price climbed $5.17 per share (4.96%). Since late January when ADI stock price broke up the SMA40w line, it gained $19.54 (21.73%).
Analog stock price history
Analog IPO was on March 17th, 1980 at $0.00 per share1. Since then, ADI stock grew a inf%, with a yearly average of inf%. If you had invested $1,000 in Analog stock in 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
Analog stock historical price chart
ADI stock reached all-time highs on July with a price of $124.17.
Analog stock price target is $118.00Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. 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. For the last 30 days we found 12 price predictions for Analog Devices stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-27||Loop Capital||Raises Target||n/a||$125.00||-|
|2019-8-22||Morgan Stanley||Raises Target||$97.00||$100.00||3.1%|
|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||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAnalog reported slightly fine results for 2019-Q1 on February. Analog appreciated Earnings per Share (EPS) by 3.90%, beating experts 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 exceptional increase of 21.41% to $6,200.94 M USD. In the same way, its earnings margin (compared to sales) rose to 24.12%, that is $1,495.43 million. Analog fiscal year ends in October, and to evaluate 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 earnings $1,582.27 M USD. If we compare 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 stable a tight 0.36%. Regarding profit margin, Analog stepped up 1.31% to 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 M in revenues for 2019-Q1, a -3.48% decline compared to previous quarter. Reported quarter earnings marked $355.01 M with a profit margin of 23.04%. Profit margin declined a -4.08% compared to previous quarter when profit margin was 27.12%. When comparing sales to same quarter last year, Analog Devices sales marked a tiny growth and grew 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 always worth to overview 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.
The following table compares ownership indicators for other stocks related to Analog Devices:
|Market cap||$40.4 B||$3.3 B||$22.6 B||$15.7 B||$7.7 B|
|Total shares||369.4 M||58.1 M||238.0 M||271.1 M||410.5 M|
|Float shares||367.9 M||57.7 M||232.7 M||269.2 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%|
|Friday, October 18th, 2019|
|Day range||$108.42 - $110.43|
|Average true range||$3.03|
|50d mov avg||$110.92|
|100d mov avg||$110.83|
|200d mov avg||$107.02|
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 ...||-6.13%||-1.62%||16.90%|
Analog competitorsOne check before trading any stock is to review 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