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, May 31st. Shareholders of record on Friday, June 9th will be paid a dividend of $0.45 per share on Tuesday, June 20th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Wednesday, June 7th. View Analog Devices' Dividend History.

Analog Devices, Inc. (NASDAQ:ADI) announced its quarterly earnings results on Wednesday, May, 31st. The company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.85 by $0.18. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.10 billion. Analog Devices had a net margin of 20.88% and a return on equity of 19.39%. The business's revenue for the quarter was up 41.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.64 earnings per share. View Analog Devices' Earnings History.

Analog Devices is scheduled to release their next quarterly earnings announcement on Tuesday, August, 15th 2017. View Earnings Estimates for Analog Devices.

Analog Devices updated its third quarter earnings guidance on Wednesday, May, 31st. The company provided earnings per share (EPS) guidance of $1.07-1.21 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.04. The company issued revenue guidance of $1.37-1.45 billion, compared to the consensus revenue estimate of $1.36 billion.

27 brokers have issued 12-month target prices for Analog Devices' stock. Their predictions range from $70.00 to $105.00. On average, they expect Analog Devices' stock price to reach $89.58 in the next twelve months. 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. Its fiscal fourth quarter earnings were above the Zacks Consensus Estimate. Over the last one year, the stock has outperformed the Zacks characterised Semi-Analog and Mixed Industry. Management sounded upbeat on the company’s progress toward closure of the Linear Technology acquisition. It is expected to make Analog Devices an industry leader across a huge range of products, customer breadth and scale. Though we remain concerned about weakness in the consumer market, ADI is solidly positioned in growth markets like industrial, auto and communication. Also its products continue to see very strong deployment in the emerging automotive market." (5/15/2017)
• 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. 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)

Analog Devices saw a decrease in short interest during the month of May. As of May 31st, there was short interest totalling 8,463,792 shares, a decrease of 15.4% from the May 15th total of 10,005,169 shares. Based on an average daily trading volume, of 4,463,369 shares, the days-to-cover ratio is currently 1.9 days. Approximately 2.3% of the shares of the company are short sold.

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

Analog Devices' management team includes the folowing people:

• Raymond Stata, Chairman of the Board
• Vincent T. Roche, President, Chief Executive Officer, Director
• Eileen Wynne, Interim Chief Financial Officer, Chief Accounting Officer, Vice President
• Rick D. Hess, Executive Vice President
• 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
• James A. Champy, Presiding Independent Director

Analog Devices' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (0.00%), BlackRock Inc. (0.00%), Wellington Management Group LLP (0.00%), JPMorgan Chase & Co. (0.00%), State Street Corp (4.84%) and Wells Fargo & Company MN (2.57%). Company insiders that own Analog Devices stock include Bruce R Evans, David Zinsner, Donald Kinloch Charter, Eileen Wynne, 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 sold by a variety of institutional investors in the last quarter, including Pioneer Investment Management Inc., JPMorgan Chase & Co., State of New Jersey Common Pension Fund D, Ameriprise Financial Inc., Systematic Financial Management LP, Kornitzer Capital Management Inc. KS, Bank of Montreal Can and Eastern Bank. Company insiders that have sold Analog Devices stock in the last year include David Zinsner, Eileen Wynne, James Champy, John C Hodgson, Joseph Hassett, Kenton J Sicchitano, Lisa T Su, Margaret K Seif, Martin Cotter, Neil S Novich, Peter Real, Ray Stata, Rick D Hess and Vincent Roche. View Insider Buying and Selling for Analog Devices.

Analog Devices' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., First Eagle Investment Management LLC, FMR LLC, State Street Corp, Wellington Management Group LLP, UBS Asset Management Americas Inc. and Morgan Stanley. 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 $81.55.