Analog stock: buy or sell?

ADI stock price: $99.88 2.44% At close on May 21st, 2019

Updated on:
May 21st, 2019

3

Analog Devices escalated a very good 2.44% and closed at $99.88. On May/13 ADI plunged a bloodcurdling -6.11%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is ADI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
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
2019-2-1Piper Jaffray CompaniesOverweightOutperform
2019-1-4Royal Bank of CanadaOutperformSector Perform
2019-1-4Bank of AmericaBuyNeutral
2019-1-18Barclaysn/aHold
2019-1-14Evercore ISIn/an/a

Analog stock analysis

Daily outlook

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.

ADI stock chart (daily)

Weekly outlook

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%).

ADI stock chart (weekly)

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 $111.90

How 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:
ADI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
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-
2019-2-1Piper Jaffray CompaniesReiteratesn/a$112.00-
2019-1-18BarclaysReiteratesn/a$102.00-
2019-1-14Evercore ISILowers Target$105.00$96.00-8.6%
(in average)$105.00$111.907.0%
The price prediction for Analog Devices stock is $111.90, moving in a range between $130.00 and $96.00. In average, analysts' outlook on ADI price forecast is positive, increasing the target by a 7.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Analog 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.
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 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%

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 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%.
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 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:

ADICRUSMCHPMXIMON
Market cap$36.8 B$2.4 B$18.8 B$14.6 B$7.7 B
Total shares368.3 M59.1 M237.0 M272.4 M412.4 M
Float shares367.0 M58.6 M232.1 M270.7 M405.9 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 selling0.0%0.0%0.0%0.0%0.0%

Analog summary

Tuesday, May 21st, 2019
Open$101.42
Close$99.88
Day range$99.10 - $101.75
Previous close$97.50
Session gain2.44%
Average true range$3.67
50d mov avg$110.12
100d mov avg$103.57
200d mov avg$96.37
Daily patternlb06a
Weekly pattern lt06c

Analog performance

Stocks 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.
Stock3m6m12m
ADIAnalog Devices-5.21%13.86%6.76%
CRUSCirrus Logic3.04%5.97%5.86%
MCHPMicrochip Technol...-10.67%7.44%-15.87%
MXIMMaxim Integrated ...-3.21%3.41%-6.45%
ONON Semiconductor-17.91%0.43%-27.47%
SLABSilicon Laborator...7.09%9.19%-12.77%
SMTCSemtech-20.89%-0.72%-1.73%
STMSTMicroelectronic...-7.10%11.38%-34.43%
TXNTexas Instruments0.37%14.12%-1.34%

Analog competitors

We picked a few stocks to conform a list of Analog competitors to examine if you are interested in investing in ADI:

Latest Analog stock news