Is ADI Stock a Buy, Sell or Hold at a Premium PE of 29.58X?
| ADI Stock | USD 219.16 4.14 1.93% |
Under 55% of Analog Devices' traders are presently thinking to get in. The analysis of overall sentiment of trading Analog Devices stock suggests that some investors are interested at this time. Analog Devices' investing sentiment shows overall attitude of investors towards Analog Devices.
Analog |
Analog Devices sustained focus on strengthening its product portfolio is set to enable it to capitalize on long-term growth opportunities in the semiconductor space.
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Analog Devices Fundamental Analysis
We analyze Analog Devices' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Analog Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Analog Devices based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Analog Devices is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Analog Devices Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Analog Devices stock to make a market-neutral strategy. Peer analysis of Analog Devices could also be used in its relative valuation, which is a method of valuing Analog Devices by comparing valuation metrics with similar companies.
Peers
Analog Devices Related Equities
| QRVO | Qorvo | 14.43 | ||||
| MPWR | Monolithic Power | 4.89 | ||||
| AVGO | Broadcom | 3.50 | ||||
| LSCC | Lattice Semiconductor | 3.44 | ||||
| MCHP | Microchip Technology | 3.17 | ||||
| TXN | Texas Instruments | 2.70 | ||||
| NXPI | NXP Semiconductors | 2.18 | ||||
| ON | ON Semiconductor | 2.09 | ||||
| QCOM | Qualcomm Incorporated | 1.94 | ||||
| WOLF | Wolfspeed | 7.10 |
Complementary Tools for Analog Stock analysis
When running Analog Devices' price analysis, check to measure Analog Devices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Analog Devices is operating at the current time. Most of Analog Devices' value examination focuses on studying past and present price action to predict the probability of Analog Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Analog Devices' price. Additionally, you may evaluate how the addition of Analog Devices to your portfolios can decrease your overall portfolio volatility.
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