Analog stock: buy or sell?

ADI stock price: $109.48 -0.47% At close on October 18th, 2019

Updated on:
October 18th, 2019

3

Shares of Analog Devices slightly fell a lame -0.47% and closed at $109.48. With October 18th it's been 3 sliding days in a row, loosing $-3.81 (-3.45%).

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ADI will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.
Is ADI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-27Loop Capitaln/aBuy
2019-9-12BarclaysEqual WeightOverweight
2019-8-22Morgan Stanleyn/aEqual Weight
2019-7-9Piper Jaffray Companiesn/aOverweight
2019-6-10Goldman Sachs GroupSellBuy
2019-5-23SunTrust BanksPositiveBuy
2019-5-23Morgan Stanleyn/aEqual Weight
2019-5-22Royal Bank of Canadan/aOutperform
2019-4-30Royal Bank of Canadan/aOutperform
2019-3-25Sanford C. BernsteinOutperformMarket Perform
2019-2-21SunTrust BanksBuyAverage
2019-2-21Oppenheimern/aOutperform
2019-2-21BMO Capital Marketsn/aOutperform
2019-2-20Robert W. Bairdn/aBuy
2019-2-11Bank of AmericaNeutralBuy

Analog stock analysis

Daily outlook

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.

ADI stock chart (daily)

Weekly outlook

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%).

ADI stock chart (weekly)

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 $118.00

Nobody 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:
ADI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-27Loop CapitalRaises Targetn/a$125.00-
2019-9-12BarclaysUpgrades$105.00$130.0023.8%
2019-8-22Morgan StanleyRaises Target$97.00$100.003.1%
2019-7-9Piper Jaffray CompaniesReiterates$118.00$135.0014.4%
2019-6-10Goldman Sachs GroupUpgrades$101.00$114.0012.9%
2019-5-23SunTrust BanksLowers Targetn/a$122.00-
2019-5-23Morgan StanleyLowers Target$100.00$97.00-3%
2019-5-22Royal Bank of CanadaReiterates$140.00$120.00-14.3%
2019-2-21SunTrust BanksRaises Targetn/a$126.00-
2019-2-21OppenheimerRaises Targetn/a$117.00-
2019-2-21BMO Capital MarketsRaises Targetn/a$130.00-
2019-2-20Robert W. BairdReiteratesn/a$100.00-
(in average)$110.20$118.007.0%
Moving in a range from $135.00 and $97.00, the price prediction for ADI stock is $118.00. In average, analysts' outlook on ADI price forecast is positive, upgrading the prediction by a 7.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Analog 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.
ADI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1n/a
2017-Q3-n/a0.18n/a
2017-Q42017-11-211.361.456.6%
2018-Q12018-02-281.291.4210.1%
2018-Q22018-05-301.371.455.8%
2018-Q32018-08-221.461.534.8%
2018-Q42018-11-201.521.552.0%
2019-Q12019-02-201.281.333.9%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%

ADI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,630 M-$673 M25.6%-
2014$2,860 M8.75%$629 M22.0%-6.56%
2014$2,865 M0.17%$629 M22.0%0.00%
2015$3,440 M20.08%$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 M0.04%$862 M25.2%0.00%
2017$5,110 M49.35%$725 M14.2%-15.86%
2017$5,108 M-0.05%$727 M14.2%0.31%
2018$6,201 M21.41%$1,495 M24.1%105.63%
TTM $6,223 M0.36%$1,582 M25.4%5.81%

Quarterly financial results

Analog 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%.
ADI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$1,150 M-$94 M8.1%-
2017-Q3$1,430 M24.35%$68 M4.8%-27.38%
2017-Q4$1,541 M7.77%$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 M3.94%$414 M26.4%9.12%
2018-Q4$1,597 M1.52%$433 M27.1%4.46%
2019-Q1$1,541 M-3.48%$355 M23.0%-18.01%

Analog ownership

When 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:

ADICRUSMCHPMXIMON
Market cap$40.4 B$3.3 B$22.6 B$15.7 B$7.7 B
Total shares369.4 M58.1 M238.0 M271.1 M410.5 M
Float shares367.9 M57.7 M232.7 M269.2 M402.6 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 selling0.0%0.0%0.0%0.0%0.0%

Analog summary

Friday, October 18th, 2019
Open$110.17
Close$109.48
Day range$108.42 - $110.43
Previous close$110.00
Session gain-0.47%
Average true range$3.03
50d mov avg$110.92
100d mov avg$110.83
200d mov avg$107.02
Daily pattern
Weekly pattern lt01a

Analog performance

Performance 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:
Stock3m6m12m
ADIAnalog Devices-4.97%-3.62%35.78%
CRUSCirrus Logic23.46%18.78%51.17%
MCHPMicrochip Technol...3.35%-2.93%44.24%
MXIMMaxim Integrated ...-6.13%-1.62%16.90%
ONON Semiconductor-6.82%-16.71%18.94%
SLABSilicon Laborator...4.45%17.14%31.51%
SMTCSemtech0.22%-8.96%1.63%
STMSTMicroelectronic...16.37%14.42%34.89%
TXNTexas Instruments11.06%13.49%35.59%

Analog competitors

One 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.

Latest Analog stock news