Analog stock: buy or sell?
May 21st, 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?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Analog Devices 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 Devices stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we gathered 12 ratings published for ADI stock in the last 30 days. The general sentiment of these ratings is bullish for ADI stock, with 6 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|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
Analog closed today at $99.88 and escalated a very good 2.44%.
Analog Devices escalated a very good 2.44% and closed at $99.88. Since March when SMA100d and SMA200d crossed up, ADI price slipped $-10.30 per share (-9.35%). ADI marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $108.83 would break this short term down trend and open possibilities for reversing this situation. Since price and SMA200d lines crossed up on January, ADI climbed $11.47 (12.97%). On Apr 24th, ADI hit a new all time high, pushing higher than on April 17th tops. Check different trading setups that use ATHs as triggers.
After sliding a chilling -9.69% in a week last week, Analog closed this week at $99.88 and slightly fell an ugly -0.94%. With this, it's been 3 sliding weeks in a row, loosing $-17.07 (-14.92%). Early April ADI skyrocketed a phenomenal 5.55% in just one week.
Once Analog Devices failed to resist above the support, it inescapably dropped deeper. Price is now looking for lower supports, and best candidates are 96.604 and 79.67. Not so far away is the last all-time high Analog Devices marked late April, but since then it dropped a 15.74%. Since mid March when SMA20w and SMA40w crossed up, ADI price slipped $-5.53 per share (-5.25%). Since late January when ADI stock price broke up the SMA40w line, it gained $8.99 (9.89%).
Analog stock price history
Analog stock went public on March 17th, 1980 with a price of $0.501. Since then, ADI stock surged a 19,876.00%, with an average of 509.60% per year. If you had invested right after ADI's IPO a $1,000 in Analog stock in 1980, it would worth $198,760.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Analog stock historical price chart
ADI stock reached all-time highs on April 24th with a price of $118.54.
Analog stock price target is $111.90How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 7 price targets for ADI stock published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|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||-|
|2019-1-14||Evercore ISI||Lowers Target||$105.00||$96.00||-8.6%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAnalog presented slightly fine results for 2019-Q1 on February. Analog Devices grew Earnings per Share (EPS) by 3.90%, beating experts estimates of $1.28. Analog Devices posted $1.33.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an exceptional gain of 21.41% to $6,200.94 million dollars. When comparing 2018 vs 2017, similarly, profit margin (that is, the net income divided by revenues) escalated a 9.88% to 24.12%. Analog Devices presents anual results 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 Devices TTM sales up to January 2019 were $6,223.42 and income $1,582.27 million dollars. If we compare this TTM figures with the last reported annuality, we can review Analog business evolution since October 2018: Annual revenues up to January, compared to lastest yearly report, remained constant a tight 0.36%. Regarding profit margin, Analog Devices gained 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 Devices posted $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 sales marked a tiny increase and inched 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 buy shares of a stock, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Analog Devices, 0.34% of all outstanding shares are owned by its staff.
Bearish positions for ADI stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$36.8 B||$2.4 B||$18.8 B||$14.6 B||$7.7 B|
|Total shares||368.3 M||59.1 M||237.0 M||272.4 M||412.4 M|
|Float shares||367.0 M||58.6 M||232.1 M||270.7 M||405.9 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%|
|Tuesday, May 21st, 2019|
|Day range||$99.10 - $101.75|
|Average true range||$3.67|
|50d mov avg||$110.12|
|100d mov avg||$103.57|
|200d mov avg||$96.37|
Analog performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose Cirrus Logic, Microchip Technology, Maxim Integrated Products, ON Semiconductor, Silicon Laboratories, Semtech, STMicroelectronics and Texas Instruments as the bechmarking frame for Analog stock.
|MXIMMaxim Integrated ...||-3.21%||3.41%||-6.45%|
Analog competitorsWe picked a few stocks to conform a list of Analog competitors to examine if you are interested in investing in ADI:
- 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