Cantor Fitzgerald Predicts Analog Devices FY2025 Earnings

Analog Devices, Inc. (NASDAQ:ADI - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for Analog Devices in a report released on Wednesday, June 18th. Cantor Fitzgerald analyst M. Prisco anticipates that the semiconductor company will post earnings of $7.34 per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $270.00 price target on the stock. The consensus estimate for Analog Devices' current full-year earnings is $7.14 per share. Cantor Fitzgerald also issued estimates for Analog Devices' FY2026 earnings at $8.57 EPS.

ADI has been the topic of several other research reports. Wall Street Zen upgraded shares of Analog Devices from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Morgan Stanley dropped their target price on shares of Analog Devices from $214.00 to $212.00 and set an "overweight" rating on the stock in a research note on Friday, May 23rd. Piper Sandler dropped their target price on shares of Analog Devices from $240.00 to $215.00 and set a "neutral" rating on the stock in a research note on Friday, May 23rd. Seaport Res Ptn upgraded shares of Analog Devices to a "strong sell" rating in a research report on Wednesday, April 30th. Finally, KGI Securities started coverage on shares of Analog Devices in a research report on Friday, May 23rd. They set a "buy" rating on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $251.75.

Analog Devices Stock Up 1.1%

Shares of NASDAQ ADI traded up $2.62 during midday trading on Monday, hitting $237.30. The stock had a trading volume of 3,057,719 shares, compared to its average volume of 3,578,760. The business's 50 day moving average is $212.88 and its 200-day moving average is $211.48. The company has a market cap of $117.76 billion, a P/E ratio of 64.66, a PEG ratio of 2.17 and a beta of 1.00. Analog Devices has a 52 week low of $158.65 and a 52 week high of $247.10. The company has a quick ratio of 1.51, a current ratio of 2.08 and a debt-to-equity ratio of 0.19.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The semiconductor company reported $1.85 EPS for the quarter, topping the consensus estimate of $1.70 by $0.15. The business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.50 billion. Analog Devices had a net margin of 18.65% and a return on equity of 9.56%. Analog Devices's quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.40 earnings per share.

Hedge Funds Weigh In On Analog Devices

Hedge funds and other institutional investors have recently modified their holdings of the stock. Activest Wealth Management boosted its position in shares of Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 127 shares during the last quarter. Orion Capital Management LLC bought a new position in Analog Devices during the fourth quarter valued at $27,000. Menard Financial Group LLC bought a new position in Analog Devices during the fourth quarter valued at $27,000. Alpine Bank Wealth Management bought a new position in Analog Devices during the first quarter valued at $27,000. Finally, Mainstream Capital Management LLC bought a new position in Analog Devices during the fourth quarter valued at $30,000. Institutional investors own 86.81% of the company's stock.

Insider Transactions at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of the company's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $196.84, for a total transaction of $1,968,400.00. Following the completion of the transaction, the chief executive officer now owns 142,996 shares in the company, valued at approximately $28,147,332.64. This represents a 6.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the company's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $180.21, for a total transaction of $563,156.25. Following the transaction, the director now owns 186,321 shares of the company's stock, valued at approximately $33,576,907.41. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,250 shares of company stock valued at $3,143,556 over the last three months. Corporate insiders own 0.33% of the company's stock.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th were paid a $0.99 dividend. The ex-dividend date was Wednesday, June 4th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.67%. Analog Devices's dividend payout ratio (DPR) is presently 107.90%.

About Analog Devices

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. 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 consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.