Let’s look at the key reasons that are pushing Analog Devices Inc (ADI) to new highs

Analog Devices Inc (NASDAQ: ADI) on Monday, soared 1.60% from the previous trading day, before settling in for the closing price of $206.35. Within the past 52 weeks, ADI’s price has moved between $178.66 and $244.14.

Technology Sector giant saw their annual sales surged by 22.68% over the last five years. The company achieved an average annual earnings per share of -37.16%. With a float of $495.27 million, this company’s outstanding shares have now reached $496.26 million.

The firm has a total of 26000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 53.95%, operating margin of 21.77%, and the pretax margin is 18.89%.

Analog Devices Inc (ADI) Breakdown of a Key Holders of the stock

Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Analog Devices Inc is 0.25%, while institutional ownership is 88.96%. The most recent insider transaction that took place on Nov 01 ’24, was worth 2,238,700. In this transaction Chair & CEO of this company sold 10,000 shares at a rate of $223.87, taking the stock ownership to the 21,983 shares. Before that another transaction happened on Nov 01 ’24, when Company’s EVP & Pres. Global Bus. Units sold 20,000 for $223.87, making the entire transaction worth $4,477,400. This insider now owns 59,093 shares in total.

Analog Devices Inc (ADI) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -37.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.83% during the next five years compared to 10.35% growth over the previous five years of trading.

Analog Devices Inc (NASDAQ: ADI) Trading Performance Indicators

Analog Devices Inc (ADI) is currently performing well based on its current performance indicators. A quick ratio of 1.24 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.43. Likewise, its price to free cash flow for the trailing twelve months is 34.33.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.32, a number that is poised to hit 1.64 in the next quarter and is forecasted to reach 7.44 in one year’s time.

Technical Analysis of Analog Devices Inc (ADI)

Analysing the last 5-days average volume posted by the [Analog Devices Inc, ADI], we can find that recorded value of 3.61 million was better than the volume posted last year of 3.22 million. As of the previous 9 days, the stock’s Stochastic %D was 8.35%. Additionally, its Average True Range was 5.67.

During the past 100 days, Analog Devices Inc’s (ADI) raw stochastic average was set at 24.05%, which indicates a significant increase from 15.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.80% in the past 14 days, which was lower than the 36.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $225.70, while its 200-day Moving Average is $215.32. Now, the first resistance to watch is $210.99. This is followed by the second major resistance level at $212.33. The third major resistance level sits at $214.77. If the price goes on to break the first support level at $207.21, it is likely to go to the next support level at $204.77. Now, if the price goes above the second support level, the third support stands at $203.43.

Analog Devices Inc (NASDAQ: ADI) Key Stats

Market capitalization of the company is 101.20 billion based on 496,493K outstanding shares. Right now, sales total 12,306 M and income totals 3,315 M. The company made 2,312 M in profit during its latest quarter, and 392,230 K in sales during its previous quarter.