Analog Devices (ADI) Earns Daily News Impact Rating of 0.15

News headlines about Analog Devices (NASDAQ:ADI) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Analog Devices earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 45.6296232985815 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news articles that may have impacted Accern’s scoring:

Shares of Analog Devices (ADI) traded down $0.19 during trading hours on Tuesday, hitting $91.64. 2,779,733 shares of the company were exchanged, compared to its average volume of 2,119,733. The company has a current ratio of 1.47, a quick ratio of 1.13 and a debt-to-equity ratio of 0.74. Analog Devices has a twelve month low of $71.00 and a twelve month high of $93.99. The company has a market cap of $33,780.00, a P/E ratio of 46.28, a PEG ratio of 1.70 and a beta of 1.29.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Tuesday, November 21st. The semiconductor company reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.09. Analog Devices had a net margin of 14.22% and a return on equity of 18.78%. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. The company’s revenue for the quarter was up 53.4% compared to the same quarter last year. analysts expect that Analog Devices will post 5.2 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 12th. Shareholders of record on Friday, December 1st were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend was Thursday, November 30th. Analog Devices’s payout ratio is 90.91%.

Several equities research analysts have recently weighed in on the stock. BidaskClub raised shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Friday. Royal Bank of Canada reissued a “buy” rating and issued a $100.00 target price on shares of Analog Devices in a research report on Thursday, January 4th. Stifel Nicolaus reissued a “buy” rating and issued a $97.00 target price on shares of Analog Devices in a research report on Monday, September 25th. KeyCorp reissued a “buy” rating and issued a $107.00 target price on shares of Analog Devices in a research report on Friday, November 24th. Finally, Piper Jaffray Companies assumed coverage on shares of Analog Devices in a research report on Monday, December 18th. They issued a “neutral” rating and a $92.00 target price for the company. Eleven research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. Analog Devices currently has an average rating of “Buy” and a consensus price target of $96.72.

In other Analog Devices news, SVP Gregory N. Henderson sold 4,000 shares of the business’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $91.52, for a total transaction of $366,080.00. Following the completion of the transaction, the senior vice president now directly owns 1,163 shares of the company’s stock, valued at approximately $106,437.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ray Stata sold 10,000 shares of the business’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $91.70, for a total transaction of $917,000.00. Following the transaction, the director now directly owns 179,481 shares of the company’s stock, valued at $16,458,407.70. The disclosure for this sale can be found here. Insiders have sold a total of 178,566 shares of company stock valued at $15,473,748 over the last three months. 1.10% of the stock is currently owned by company insiders.

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Analog Devices Company Profile

Analog Devices, Inc (Analog Devices) designs, manufactures and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. Its products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products.

Insider Buying and Selling by Quarter for Analog Devices (NASDAQ:ADI)

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