Consensus Estimates and Trading Data for Analog Devices, Inc. (ADI)

In the past 52-week period, shares of Analog Devices, Inc. (NASDAQ:ADI) have moved within the range of $68.42 to $93.99. On the stock’s most recent trading day, the company’s shares ended the regular session at $89.15, which is 5.15% lower than its 52-week high.

Analog Devices, Inc. (ADI) has demonstrated a 20-day simple moving average (SMA) of -1.81%, and a 50-day SMA of 0.85%. This public company’s current market capitalization stands at $32.68 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

When considering entering a position, it is crucial to understand the average enthusiasm level expressed by Wall Street analysts for that particular stock. According to the latest data, the consensus recommendation for Analog Devices, Inc. (ADI) is Outperform.

Publicly-traded organizations typically post revenue and earnings results that fall either above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Oct. 2017, Analog Devices, Inc. (ADI) delivered a 2.54% surprise with its net revenue. Sales reached $1.54 billion during the three-month period, compared to the average analyst estimate of $1.5 billion.

Meanwhile, during the same quarter Analog Devices, Inc. (ADI) delivered a 6.35% earnings surprise. Net earnings for the quarter were posted at $1.45 per share, whereas Wall Street had forecast $1.36 per share.

Ownership at Analog Devices, Inc. (ADI), According to Most Recent SEC Filings

We can find critical insight by examining institutional ownership, which are reported in public companies’ most recent 13F filings. Analog Devices, Inc. (ADI) has 0 billion shares outstanding currently, 88.37% of which belong to institutional investors. Those institutional holdings amount to $29.04 billion.

Additionally, according to the most recent 13F filing from Analog Devices, Inc. (ADI), there were 102 new positions totaling 2,475,250 shares of the company’s stock. There were 60 sold out positions, on the other hand, totaling 1,791,516 shares.

Short, Medium and Long Term Indicators

A stock’s average trade volume, as recorder over the short, medium and long terms, is helpful to analyze in order to gain a better understanding of trading activity and investor sentiment. Analog Devices, Inc. (ADI) has had a 20-day average volume of 2,487,085 shares, with an average of 40% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 2,165,334 shares, with an average of 25% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 2,276,870 shares with 67% of long-term indicators pointing to Buy.