Analog Devices (ADI) Expected to Announce Quarterly Earnings on Wednesday

Analog Devices (NASDAQ:ADI) is projected to announce its earnings results before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $1.54 per share and revenue of $2.36 billion for the quarter. Analog Devices has set its Q1 2025 guidance at 1.430-1.630 EPS and its Q1 guidance at $1.43-1.63 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Tuesday, November 26th. The semiconductor company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.64 by $0.03. The company had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.41 billion. Analog Devices had a net margin of 17.35% and a return on equity of 9.01%. The firm’s revenue for the quarter was down 10.1% on a year-over-year basis. During the same period in the previous year, the firm earned $2.01 earnings per share. On average, analysts expect Analog Devices to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Analog Devices Stock Up 2.5 %

Shares of Analog Devices stock opened at $214.61 on Tuesday. The company has a current ratio of 1.84, a quick ratio of 1.35 and a debt-to-equity ratio of 0.19. The company’s fifty day simple moving average is $214.04 and its two-hundred day simple moving average is $219.59. The company has a market cap of $106.47 billion, a P/E ratio of 65.23, a PEG ratio of 2.38 and a beta of 1.04. Analog Devices has a 12-month low of $182.57 and a 12-month high of $244.14.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Monday, December 9th were given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date was Monday, December 9th. Analog Devices’s payout ratio is currently 111.85%.

Analyst Ratings Changes

ADI has been the topic of a number of research analyst reports. Benchmark initiated coverage on shares of Analog Devices in a research report on Friday. They set a “buy” rating and a $245.00 price objective on the stock. Piper Sandler reduced their price objective on shares of Analog Devices from $235.00 to $220.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 27th. Truist Financial boosted their target price on shares of Analog Devices from $216.00 to $230.00 and gave the company a “hold” rating in a report on Friday, January 10th. Wells Fargo & Company started coverage on shares of Analog Devices in a report on Friday, November 22nd. They set an “equal weight” rating and a $220.00 target price on the stock. Finally, Barclays dropped their target price on shares of Analog Devices from $250.00 to $210.00 and set an “equal weight” rating on the stock in a report on Friday, January 17th. Seven investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and an average price target of $248.52.

Insider Buying and Selling at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $215.83, for a total transaction of $2,158,300.00. Following the completion of the sale, the chief executive officer now owns 21,983 shares of the company’s stock, valued at $4,744,590.89. This represents a 31.27 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.33% 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.