Analysts Set Expectations for Analog Devices FY2025 Earnings

Analog Devices, Inc. (NASDAQ:ADI - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Analog Devices in a note issued to investors on Wednesday, June 18th. Cantor Fitzgerald analyst M. Prisco expects that the semiconductor company will post earnings per share of $7.34 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.

Several other research firms have also issued reports on ADI. TD Cowen lifted their price objective on Analog Devices from $200.00 to $250.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. Benchmark restated a "buy" rating and set a $260.00 price target (down previously from $275.00) on shares of Analog Devices in a research report on Friday, May 23rd. Evercore ISI raised their price target on Analog Devices from $231.00 to $280.00 and gave the company an "outperform" rating in a research report on Friday, May 23rd. Wall Street Zen upgraded Analog Devices from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Finally, Citigroup raised their price target on Analog Devices from $235.00 to $260.00 and gave the company a "buy" rating in a research report on Monday, May 19th. One analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Analog Devices presently has an average rating of "Moderate Buy" and a consensus target price of $251.75.

Analog Devices Price Performance

NASDAQ:ADI traded up $2.63 during trading hours on Monday, hitting $230.98. 3,572,704 shares of the company's stock traded hands, compared to its average volume of 3,565,529. The firm has a market cap of $114.62 billion, a P/E ratio of 62.94, a P/E/G ratio of 2.11 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 business's fifty day simple moving average is $210.60 and its two-hundred day simple moving average is $211.15. 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.15. The company had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.50 billion. Analog Devices had a return on equity of 9.56% and a net margin of 18.65%. The firm's quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter last year, the company earned $1.40 earnings per share.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company's stock worth $397,000 after buying an additional 529 shares during the last quarter. Navellier & Associates Inc. grew its stake in shares of Analog Devices by 4.5% in the 4th quarter. Navellier & Associates Inc. now owns 3,983 shares of the semiconductor company's stock worth $846,000 after buying an additional 173 shares during the last quarter. Pinnacle Financial Partners Inc grew its stake in shares of Analog Devices by 10.9% in the 4th quarter. Pinnacle Financial Partners Inc now owns 4,380 shares of the semiconductor company's stock worth $936,000 after buying an additional 432 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of Analog Devices by 9.5% in the 4th quarter. First Horizon Advisors Inc. now owns 5,337 shares of the semiconductor company's stock worth $1,134,000 after buying an additional 463 shares during the last quarter. Finally, Fisher Funds Management LTD purchased a new stake in shares of Analog Devices in the 4th quarter worth approximately $7,773,000. Hedge funds and other institutional investors own 86.81% of the company's stock.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $196.84, for a total transaction of $1,968,400.00. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ray Stata sold 3,125 shares of the company's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $195.84, for a total value of $612,000.00. Following the transaction, the director now owns 180,071 shares in the company, valued at $35,265,104.64. This trade represents a 1.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,250 shares of company stock valued at $3,143,556 in the last 90 days. Insiders own 0.33% of the company's stock.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date was Wednesday, June 4th. Analog Devices's payout ratio is 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.