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. Stockholders 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 2.28%. 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 EPS for the quarter, beating the consensus estimate of $0.85 by $0.18. The firm earned $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. Analog Devices had a net margin of 20.88% and a return on equity of 19.39%. The business's quarterly revenue was up 41.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.64 earnings per share. View Analog Devices' Earnings History.

Analog Devices is scheduled to release their next quarterly earnings announcement on Wednesday, August, 30th 2017. View Earnings Estimates for Analog Devices.

Analog Devices issued an update on its third quarter earnings guidance on Wednesday, May, 31st. The company provided EPS guidance of $1.07-1.21 for the period, compared to the Thomson Reuters consensus 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 1 year price objectives for Analog Devices' stock. Their forecasts range from $70.00 to $105.00. On average, they expect Analog Devices' stock price to reach $89.58 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. 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. 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)

Analog Devices saw a increase in short interest in June. As of June 30th, there was short interest totalling 8,637,561 shares, an increase of 66.0% from the June 15th total of 5,203,414 shares. Based on an average daily volume of 4,218,673 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.4% of the company's shares are sold short.

Some companies that are related to Analog Devices include NXP Semiconductors N.V. (NXPI), Micron Technology (MU), Microchip Technology Incorporated (MCHP), Xilinx (XLNX), STMicroelectronics N.V. (STM), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), Freescale Semiconductor Ltd (FSL), Advanced Semiconductor Engineering (ASX), Flextronics International (FLEX), Marvell Technology Group (MRVL), Arrow Electronics (ARW), Coherent (COHR), ON Semiconductor Corporation (ON), Microsemi Corporation (MSCC), United Microelectronics Corporation (UMC), Jabil Circuit (JBL) 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
• 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 shareholders include SPF Beheer BV (0.23%), Alecta Pensionsforsakring Omsesidigt (0.20%), Marathon Asset Management LLP (0.17%), Factory Mutual Insurance Co. (0.17%), Vaughan Nelson Investment Management L.P. (0.15%) and Confluence Investment Management LLC (0.13%). 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 Marathon Asset Management LLP, NN Investment Partners Holdings N.V., Hermes Investment Management Ltd., APG Asset Management N.V., Glaxis Capital Management LLC, Oregon Public Employees Retirement Fund, Bank of Montreal Can and Nisa Investment Advisors LLC. 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 Atalanta Sosnoff Capital LLC, Ardevora Asset Management LLP, Factory Mutual Insurance Co., Bartlett & Co. LLC, Central Bank & Trust Co., Vaughan Nelson Investment Management L.P., Mn Services Vermogensbeheer B.V. and National Pension Service. 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 $78.96.