Investors Heavily Search Analog Devices, Inc. (ADI): Here is What You Need to Know

Core Viewpoint - Analog Devices (ADI) has shown a strong performance recently, with a +7.1% return over the past month, contrasting with the S&P 500's -0.5% and the Zacks Semiconductor - Analog and Mixed industry's -2.5% [2] Earnings Estimate Revisions - For the current quarter, Analog Devices is expected to report earnings of $1.69 per share, reflecting a +20.7% change year-over-year, with the consensus estimate remaining unchanged over the last 30 days [5] - The consensus earnings estimate for the current fiscal year is $7.11, indicating a +11.4% change from the previous year, also unchanged over the last month [5] - For the next fiscal year, the consensus estimate is $8.61, representing a +21.1% change from the prior year, with no changes in the estimate over the past month [6] - The Zacks Rank for Analog Devices is 3 (Hold), indicating a neutral outlook based on recent earnings estimate changes and other related factors [7] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $2.5 billion, which indicates a +15.9% year-over-year change [11] - For the current fiscal year, the sales estimate is $10.27 billion, reflecting a +9% change, while the next fiscal year's estimate is $11.47 billion, indicating a +11.7% change [11] Last Reported Results and Surprise History - In the last reported quarter, Analog Devices generated revenues of $2.42 billion, a -3.6% change year-over-year, with an EPS of $1.63 compared to $1.73 a year ago [12] - The reported revenues exceeded the Zacks Consensus Estimate of $2.36 billion by +2.79%, and the EPS surprise was +5.84% [12] - The company has consistently beaten consensus EPS and revenue estimates in the trailing four quarters [13] Valuation - Analog Devices is graded D in the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [17]