Analog Devices Company Profile (NASDAQ:ADI)

Analog Devices trades on the NASDAQ under the ticker symbol "ADI."

Analog Devices declared a quarterly dividend on Wednesday, August 30th. Stockholders of record on Friday, September 8th will be paid a dividend of $0.45 per share on Tuesday, September 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend is Thursday, September 7th. View Analog Devices' Dividend History.

Analog Devices, Inc. (NASDAQ:ADI) issued its earnings results on Wednesday, August, 30th. The company reported $1.26 EPS for the quarter, beating the Zacks' consensus estimate of $1.15 by $0.11. The business earned $1.43 billion during the quarter, compared to analyst estimates of $1.40 billion. Analog Devices had a return on equity of 19.06% and a net margin of 14.77%. Analog Devices's revenue was up 64.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.82 earnings per share. View Analog Devices' Earnings History.

Analog Devices is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Analog Devices.

Analog Devices issued an update on its fourth quarter earnings guidance on Wednesday, August, 30th. The company provided EPS guidance of $1.29-1.43 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.24. The company issued revenue guidance of $1.45-1.55 billion, compared to the consensus revenue estimate of $1.46 billion.

26 brokerages have issued 1 year price objectives for Analog Devices' stock. Their forecasts range from $76.00 to $110.00. On average, they expect Analog Devices' stock price to reach $93.83 in the next year. View Analyst Ratings for Analog Devices.

Here are some recent quotes from research analysts about Analog Devices stock:

• 1. According to Zacks Investment Research, "Analog Devices is a leading supplier of analog and DSP integrated circuits. The company delivered better-than-expected fiscal third-quarter 2017 results beating the Zacks Consensus Estimate on both counts. Results were driven by strength across all the markets and positive contributions from Linear Technology acquisition. Analog Devices' leading market position, focus on communications, automotive and industrial markets, margin expansion initiatives and strong balance sheet are positives. However, we remain concerned about competitive pressures across several markets. Year to date, the stock has underperformed the industry it belongs to." (10/10/2017)
• 2. Jefferies Group LLC analysts commented, "We adjust our model to account for the impact of the LLTC acquisition, while including ADI's updated guidance for the AprQ. ADI expects LLTC to contribute $165m in revenues in the AprQ and targets $150m in run rate synergies over the 18 months post close. We continue to like ADI's FCF/Share growth prospects as it realizes the bulk of its synergies in 2017. Reiterate Buy, PT to $100." (3/20/2017)
• 3. UBS AG analysts commented, "Analog Devices announced that it has received clearance from China's MOFCOM for its deal to acquire Linear Technology, and is the final regulatory approval needed. ADI expects the Linear deal to close on Friday 10-Mar. We view this as a positive surprise as our prior understanding was that staff changes at MOFCOM in the past year could have resulted in a longer time horizon to close the transaction. In addition, ADI also revised its outlook for F2Q and now expects revenue and EPS to be at the midpoint to upper end of the prior range. This now implies revenue of $910M to $950M and EPS of $0.80 to $0.86, and compares to consensus of $915M and $0.81. We believe this near term strength is partly due to core industrial demand trends given recent PMI strength." (3/7/2017)
• 4. Royal Bank Of Canada analysts commented, "ADI reported Jan-qtr results significantly ahead of Street (revenues 13% and EPS 29% ahead of Street), and guided Apr-qtr ahead of current expectations (we could see further upside depending on the trajectory of Consumer revenues). ADI saw upside from a confluence of strong B2B performance coupled with material upside on the Consumer segment (AAPL driven, -8% vs. -30% q/q guide). We continue to think given current conditions, the LLTC deal could be substantially more accretive vs. prior expectations given cost containment efforts and revenue growth at both ADI & LLTC over the next several quarters. Fundamentally, we see the ADI/LLTC transaction as complementary, and see the combined company sustaining higher margins/FCF with potential for revenue acceleration given ability to cross-sell solutions across their customer stack. We increase our PT to $90 from $85 and see ADI generating closer to $5.00 EPS in EPS post-LLTC integration." (2/15/2017)

Some companies that are related to Analog Devices include Micron Technology (MU), NXP Semiconductors N.V. (NXPI), Microchip Technology Incorporated (MCHP), STMicroelectronics N.V. (STM), Xilinx (XLNX), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), Freescale Semiconductor Ltd (FSL), Advanced Semiconductor Engineering (ASX), Marvell Technology Group (MRVL), ON Semiconductor Corporation (ON), Arrow Electronics (ARW), United Microelectronics Corporation (UMC), Coherent (COHR), Semiconductor Manufacturing International Corporation (SMI), Microsemi Corporation (MSCC), Cypress Semiconductor Corporation (CY) and Jabil Circuit (JBL).

Analog Devices' management team includes the folowing people:

• Raymond Stata, Chairman of the Board
• Vincent T. Roche, President, Chief Executive Officer, Director
• Prashanth Mahendra-Rajah, Chief Financial Officer, Senior Vice President - Finance
• Peter Real, Senior Vice President, Chief Technology Officer
• Jean Philibert, Senior Vice President - Human Resources
• Margaret K. Seif, Chief Legal Officer, Secretary and Senior Vice President of Communications
• Martin Cotter, Senior Vice President, Worldwide Sales and Digital Marketing
• Joseph Hassett, Senior Vice President - Worldwide Manufacturing
• Greg Henderson, Senior Vice President - Automotive, Communications and Aerospace & Defense
• Yusuf Jamal, Senior Vice President – Industrial, Healthcare, Consumer, and IoT Solutions and Security

Analog Devices' stock is owned by many different of retail and institutional investors. Top institutional investors include Beacon Financial Group (0.00%), Eqis Capital Management Inc. (0.00%) and Crow Point Partners LLC (0.00%). Company insiders that own Analog Devices stock include Bruce R Evans, David Zinsner, Donald Kinloch Charter, Eileen Wynne, Gregory N Henderson, James Champy, John C Hodgson, Joseph Hassett, Kenton J Sicchitano, Lisa T Su, Margaret K Seif, Martin Cotter, Michael James Harrison, Neil S Novich, Peter Real, Ray Stata, Rick D Hess, Vincent Roche and William R Matson. View Institutional Ownership Trends for Analog Devices.

Analog Devices' stock was bought by a variety of institutional investors in the last quarter, including Beacon Financial Group, Eqis Capital Management Inc. and Crow Point Partners LLC. Company insiders that have bought Analog Devices stock in the last two years include Bruce R Evans, Donald Kinloch Charter and Michael James Harrison. View Insider Buying and Selling for Analog Devices.

Shares of Analog Devices can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Analog Devices stock can currently be purchased for approximately $89.00.