For its fourth fiscal quarter (ending October 31), Analog Devices Inc (NASDAQ: ADI) has reported a -4% decline in E.P.S. from $1.00 a year ago to $0.96 in the current quarter. For the latest four quarters through October 31, E.P.S. were $3.30 compared to $6.60 a year ago — a decline of -50%.
Recent Price Action
Analog Devices Inc (NASDAQ: ADI) stock closed at $219.05 on 11/26/24 after a decline of -2.0%. Moreover, exceptionally high trading volume at 216% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 4.5% during the last week.
Current PriceTarget Research Rating
Analog Devices has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Analog Devices has a neutral Power Rating of 59 but a good Appreciation Score of 73, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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