Shares of Analog Devices (ADI) moved up 5.32% to value at $113.34 on Wednesday trading session. ADI stock recorded volume of 2541772 shares in most recent trading session as compared to an average volume of 3.37M shares. It shows that the shares were traded in the recent trading session and traders shown interest in ADI stock. It has a market capitalization of $41.86B. Knowing about the market capitalization of a company helps investor to determine the company size, market value and the risk. The stock P/E & is 35.05 & EPS is $3.23 against its recent stock value of $113.34 per share.
First we will be looking for the boiling points and excitability of Analog Devices (ADI) stock, it purposes common trait for traders and value investors.
Volatility Indicators for Analog Devices:
Volatility of the Analog Devices remained at 3.64% over last week and shows 4.15% volatility in last month. In addition to number of shares traded in last few trading sessions volatility also tells about the fluctuation level of the stock price, commonly a high volatility is the friend of day traders. Volatility is also measured by ATR an exponential moving average (14-days) of the True Ranges. Currently, the ATR value of company’s stock is situated at 4.9. Beta value is also an important factor that helps to know how much the Market risk lies with the trading of subjective stock. Beta indicator of this stock lies at 1.33. In case you don’t know, when beta is higher than 1 then risk is higher and if beta is lower than 1, then risk will be low.
Looking into the Profitability indicators on Analog Devices stock we analyze the stock’s Profitability ratios.
Profitability Spotlight for Analog Devices:
Gross margin is detected at 66.40% that represents the percent of total sales revenue that the company retains after direct cost of goods sold.
Return on Investment (ROI) of stock is 9.20%. ROI ratio tells about the efficiency of a number of investments in a company.
The price-to-earnings ratio or P/E is one of the most widely-used stock analysis tools to determine a stock’s valuation that also shows whether a company’s stock price is overvalued/overbought or undervalued/oversold. If P/E is lower, then stock can be considered undervalued and if it’s higher then the stock is overvalued. Price to earnings P/E of the stock is 35.05.
Analysts Estimation on Stock:
The current analyst consensus rating stood at 2 on shares (where according to data provided by FINVIZ, 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). Analysts opinion is also an important factor to conclude a stock’s trend. Many individual analysts and firms give their ratings on a stock. While Looking ahead of 52-week period, the mean Target Price set by analysts is $117.58.
Now entering into the performance part of the article on Analog Devices stock we should check the stock’s actual performance in the past.
Performance of the ADI Stock:
Analog Devices revealed performance of 10.99% during the period of last 5 trading days and shown last 12 months performance of -2.49%. The stock moved to 4.14% in last six months and it maintained for the month at 24.59%. The stock noted year to date 2020 performance at -4.63% and changed about 0.10% over the last three months. The stock is now standing at -10.97% from 52 week-high and is situated at 43.33% above from 52-week low price.
Technical Indicators of Analog Devices Stock:
RSI momentum oscillator is the most common technical indicator of a stock to determine about the momentum of the shares price and whether the stock trading at normal range or its becoming oversold or overbought. It also helps to measure Speed and change of stock price movement. RSI reading varies between 0 and 100. Commonly when RSI goes below 30 then stock is oversold and stock is overbought when it goes above 70. So as currently the Relative Strength Index (RSI-14) reading of Analog Devices stock is 62.13.
Although it is important to look for trades in a direction of bigger trends when stocks are indicating an opposite short-term movement. Like looking for overbought conditions when bigger trend remained down and oversold conditions when bigger trend is up. In order to check a bigger trend for ADI a 14-day RSI can fell short and considered as a short-term indicator. So in that situation a Simple moving average of a stock can also be an important element to look in addition to RSI.
The share price of ADI is currently up 15.01% from its 20 days moving average and trading 12.51% above the 50 days moving average. The stock price has been seen performing along above drift from its 200 days moving average with 2.59%. Moving averages are an important analytical tool used to identify current price trends and the potential for a change in an established trend. The simplest form of using a simple moving average in analysis is using it to quickly identify if a security is in an uptrend or downtrend.