Analog Devices which can be found using ticker (ADI) now have 25 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 251 and 175 calculating the mean target price we have $218.28. Now with the previous closing price of $186.34 this is indicating there is a potential upside of 17.1%. The 50 day moving average now sits at $187.21 while the 200 day moving average is $166.66. The market cap for the company is $94,889m. Company Website: https://www.analog.com
The potential market cap would be $111,154m 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 1.84% with the ex dividend date set at 24-2-2023 (DMY).
Other points of data to note are a P/E ratio of 28.41, revenue per share of 24.44 and a 5.24% return on assets.
