Analog Devices FY2025 EPS Forecast Cut by Cantor Fitzgerald

Analog Devices, Inc. (NASDAQ:ADI) – Stock analysts at Cantor Fitzgerald lowered their FY2025 earnings per share (EPS) estimates for shares of Analog Devices in a research note issued to investors on Thursday, February 20th. Cantor Fitzgerald analyst C. Muse now expects that the semiconductor company will post earnings per share of $6.98 for the year, down from their prior estimate of $7.04. The consensus estimate for Analog Devices’ current full-year earnings is $7.11 per share.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, February 19th. The semiconductor company reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.09. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.36 billion. Analog Devices had a return on equity of 8.91% and a net margin of 16.75%. The business’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same period last year, the company earned $1.73 EPS.

Several other research analysts have also issued reports on ADI. UBS Group raised their price target on Analog Devices from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. raised their price target on Analog Devices from $280.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday. Benchmark raised their price target on Analog Devices from $245.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday. Oppenheimer restated an “outperform” rating and issued a $270.00 price target (up from $245.00) on shares of Analog Devices in a research report on Thursday. Finally, Wells Fargo & Company raised their price target on Analog Devices from $220.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Thursday. Seven research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, Analog Devices presently has an average rating of “Moderate Buy” and a consensus price target of $255.19.

Analog Devices Stock Down 2.0 %

NASDAQ:ADI opened at $238.91 on Friday. Analog Devices has a 12-month low of $182.57 and a 12-month high of $247.10. The company has a quick ratio of 1.35, a current ratio of 1.93 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $118.52 billion, a P/E ratio of 76.09, a P/E/G ratio of 2.76 and a beta of 1.04. The stock’s fifty day simple moving average is $215.50 and its 200-day simple moving average is $220.24.

Analog Devices declared that its board has approved a share repurchase program on Tuesday, February 18th that allows the company to buyback $10.00 billion in shares. This buyback authorization allows the semiconductor company to reacquire up to 9.2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

Analog Devices Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Tuesday, March 4th will be paid a $0.99 dividend. This is an increase from Analog Devices’s previous quarterly dividend of $0.92. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $3.96 annualized dividend and a dividend yield of 1.66%. Analog Devices’s dividend payout ratio (DPR) is currently 126.11%.

Insider Activity at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $215.49, for a total value of $2,154,900.00. Following the sale, the chief executive officer now owns 21,983 shares of the company’s stock, valued at approximately $4,737,116.67. The trade was a 31.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.33% of the stock is owned by company insiders.

Institutional Trading of Analog Devices

Hedge funds and other institutional investors have recently modified their holdings of the stock. Capital Performance Advisors LLP acquired a new stake in shares of Analog Devices in the third quarter valued at about $28,000. Orion Capital Management LLC bought a new position in Analog Devices during the fourth quarter worth about $27,000. Hopwood Financial Services Inc. bought a new position in Analog Devices during the fourth quarter worth about $30,000. Mainstream Capital Management LLC bought a new position in Analog Devices during the fourth quarter worth about $30,000. Finally, Cassady Schiller Wealth Management LLC grew its holdings in Analog Devices by 63.2% during the fourth quarter. Cassady Schiller Wealth Management LLC now owns 142 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 55 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

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.