Cantor Fitzgerald Forecasts Analog Devices FY2025 Earnings

Analog Devices, Inc. (NASDAQ:ADI) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Analog Devices in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse expects that the semiconductor company will earn $7.04 per share for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $250.00 target price on the stock. The consensus estimate for Analog Devices’ current full-year earnings is $7.09 per share.

Analog Devices (NASDAQ:ADI) last released its quarterly 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 during the quarter, compared to analyst estimates of $2.41 billion. Analog Devices had a return on equity of 9.01% and a net margin of 17.35%. The firm’s revenue was down 10.1% on a year-over-year basis. During the same quarter last year, the business posted $2.01 earnings per share.

Several other equities research analysts have also issued reports on the stock. Wells Fargo & Company began coverage on shares of Analog Devices in a report on Friday, November 22nd. They issued an “equal weight” rating and a $220.00 target price for the company. Morgan Stanley dropped their target price on Analog Devices from $252.00 to $248.00 and set an “overweight” rating for the company in a research report on Wednesday, November 27th. Barclays reduced their price target on Analog Devices from $250.00 to $210.00 and set an “equal weight” rating on the stock in a report on Friday, January 17th. TD Cowen cut their price objective on Analog Devices from $270.00 to $260.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. Finally, Piper Sandler decreased their target price on Analog Devices from $235.00 to $220.00 and set a “neutral” rating for the company in a research report on Wednesday, November 27th. Seven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.70.

Analog Devices Stock Performance

NASDAQ:ADI opened at $228.35 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.35 and a current ratio of 1.84. The stock’s fifty day moving average is $215.88 and its 200 day moving average is $222.34. The firm has a market capitalization of $113.30 billion, a PE ratio of 69.41, a PEG ratio of 2.54 and a beta of 1.05. Analog Devices has a fifty-two week low of $182.57 and a fifty-two week high of $244.14.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Monday, December 9th were paid a dividend of $0.92 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $3.68 annualized dividend and a dividend yield of 1.61%. Analog Devices’s dividend payout ratio (DPR) is presently 111.85%.

Insider Activity at Analog Devices

In related news, EVP Gregory M. Bryant sold 20,000 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $223.87, for a total value of $4,477,400.00. Following the completion of the transaction, the executive vice president now directly owns 59,093 shares of the company’s stock, valued at $13,229,149.91. This trade represents a 25.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $215.49, for a total transaction of $2,154,900.00. Following the sale, the chief executive officer now directly owns 21,983 shares in the company, valued at approximately $4,737,116.67. This represents a 31.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 50,000 shares of company stock valued at $11,029,300 over the last 90 days. Insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On Analog Devices

Several institutional investors and hedge funds have recently made changes to their positions in ADI. Custom Index Systems LLC raised its stake in Analog Devices by 121.7% in the 4th quarter. Custom Index Systems LLC now owns 2,044 shares of the semiconductor company’s stock worth $434,000 after acquiring an additional 1,122 shares during the last quarter. Caprock Group LLC acquired a new position in shares of Analog Devices in the fourth quarter valued at about $3,701,000. Heritage Financial Services LLC lifted its holdings in shares of Analog Devices by 3.2% during the fourth quarter. Heritage Financial Services LLC now owns 3,264 shares of the semiconductor company’s stock worth $693,000 after purchasing an additional 101 shares during the period. Oak Harvest Investment Services boosted its holdings in shares of Analog Devices by 13.6% in the 4th quarter. Oak Harvest Investment Services now owns 35,604 shares of the semiconductor company’s stock valued at $7,564,000 after acquiring an additional 4,269 shares during the last quarter. Finally, Crews Bank & Trust acquired a new stake in Analog Devices during the 4th quarter worth about $50,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Company Profile

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.