Analog Devices which can be found using ticker (ADI) have now 26 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 251 and 175 with the average target price sitting at $216.81. Given that the stocks previous close was at $194.21 and the analysts are correct then there would likely be a percentage uptick in value of 11.6%. The 50 day MA is $182.44 and the 200 day MA is $163.46. The total market capitalization for the company now stands at $99,764m. Visit the company website at: https://www.analog.com
The potential market cap would be $111,374m based on the market consensus.
Analog Devices designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and high-end consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs. It also offers high-performance amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and micro-electro-mechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company provides digital signal processing and system products for high-speed numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia, as well as through its Website. Analog Devices was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.
The company has a dividend yield of 1.74% with the ex dividend date set at 24-2-2023 (DMY).
Other points of data to note are a P/E ratio of 29.84, revenue per share of 24.44 and a 5.24% return on assets.
