Analog Devices, Inc. (ADI) Is a Trending Stock: Facts to Know Before Betting on It

Core Viewpoint - Analog Devices (ADI) has experienced a decline in stock performance recently, with a return of -8.6% over the past month, contrasting with the S&P 500's +2.3% and the semiconductor industry's -3.1% [2] Earnings Estimate Revisions - The expected earnings for Analog Devices for the current quarter is $1.93 per share, reflecting a year-over-year increase of +22.2% [5] - The consensus earnings estimate for the current fiscal year is $7.4, indicating a year-over-year change of +16% [5] - For the next fiscal year, the consensus earnings estimate is $8.8, representing a +19% change from the previous year [6] - The Zacks Rank for Analog Devices is 3 (Hold), indicating a neutral outlook based on recent earnings estimate revisions [7] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $2.76 billion, showing a year-over-year increase of +19.2% [11] - The sales estimates for the current and next fiscal years are $10.6 billion and $11.65 billion, indicating changes of +12.5% and +9.9%, respectively [11] Last Reported Results and Surprise History - In the last reported quarter, Analog Devices achieved revenues of $2.64 billion, a year-over-year increase of +22.3% [12] - The EPS for the same period was $1.85, compared to $1.4 a year ago, with a revenue surprise of +5.51% and an EPS surprise of +9.47% [12] - The company has consistently beaten consensus EPS and revenue estimates over the last four quarters [13] Valuation - Analog Devices has a Zacks Value Style Score of D, indicating it is trading at a premium compared to its peers [17]