ADI (NASDAQ:ADI) Initiated by UBS Group AG to Buy

ADI stock has undergone multiple analysts rating changes in the recent past.  ADI Initiated by UBS Group AG on 10/13/2021. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of No Rating.

Shares of ADI traded on Tuesday, reaching $164.02. 2081 shares of the stock traded hands, compared to its average volume of 4921263. Shares of ADI were trading at $164.02 on Tuesday. The firm’s 50 day moving average is $168.71 and its 200 day moving average is $160.60.ADI has a 12 month low of $163.82 and a 12 month high of $178.84. While on yearly highs and lows, ADI’s today has traded high as $169.57 and has touched $163.82 on the downward trend. See More Analyst Rating at: RATING

ADI Earnings and What to expect: 

Analog Devices last posted its quarterly earnings data on August 17th, 2021. The semiconductor company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.10. The company earned $1.76 billion during the quarter, compared to the consensus estimate of $1.71 billion. Its revenue for the quarter was up 20.8% compared to the same quarter last year. Analog Devices has generated $4.91 earnings per share over the last year ($4.57 diluted earnings per share) and currently has a price-to-earnings ratio of 35.9. Earnings for Analog Devices are expected to grow by 12.48% in the coming year, from $6.41 to $7.21 per share. Analog Devices has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, November 23rd, 2021 based off prior year’s report dates.

Earnings for Analog Devices are expected to grow by 12.48% in the coming year, from $6.41 to $7.21 per share. The P/E ratio of Analog Devices is 35.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.79. The P/E ratio of Analog Devices is 35.89, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.02. Analog Devices has a PEG Ratio of 2.16. PEG Ratios above 1 indicate that a company could be overvalued. Analog Devices has a P/B Ratio of 5.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

ADI (NASDAQ:ADI) Moving Average Technical Analysis

5 day Moving Average is $166.71 And 5 day price change is -$1.35 (-0.82%)  with average volume for 5 day average is 2,611,320. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $170.18 and 20 day price change is -$9.45 (-5.45%) and average 20 day moving volume is 4,440,030. 50 day moving average is $168.71  and 50 day price change is -$3.60 ( -2.15%)  and with average volume for 50 days is : 5,152,136. 200 day moving average is $160.60  and 200 day price change is $19.55 (13.53%)  and with average volume for 200 days is : 3,556,130.

Other owners latest trading in ADI :

  • On 10/13/2021 shares held by Investment Partners LTD. were 3,590 which equates to market value of $0.60M and appx 0.30% owners of ADI
  • On 10/13/2021 shares held by IFM Investors Pty Ltd were 76,292 which equates to market value of $12.78M and appx 0.30% owners of ADI
  • On 10/13/2021 shares held by Mattern Wealth Management LLC were 19,465 which equates to market value of $3.26M and appx 1.10% owners of ADI
  • In total Institutional ownership equates to Institutional Ownership Percentage: 99.18% for ADI

See More Analyst Rating at: RATING