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Analog Devices (NYSE:ADI) is scheduled to issue its Q214 quarterly earnings data on Tuesday, May 20th. Analysts expect the company to announce earnings of $0.56 per share and revenue of $670.93 million for the quarter. Analog Devices has set its Q2 guidance at $0.54-0.58 EPS.

Analog Devices (NYSE:ADI) last announced its earnings results on Tuesday, February 18th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. The company had revenue of $628.00 million for the quarter, compared to the consensus estimate of $628.87 million. On average, analysts expect Analog Devices to post $2.29 EPS for the current fiscal year and $2.63 EPS for the next fiscal year.

Analog Devices (NYSE:ADI) opened at 51.60 on Monday. Analog Devices has a 52 week low of $43.86 and a 52 week high of $54.40. The stock’s 50-day moving average is $52.29 and its 200-day moving average is $50.57. The company has a market cap of $16.126 billion and a price-to-earnings ratio of 23.10.

A number of research firms have recently commented on ADI. Analysts at Raymond James raised their price target on shares of Analog Devices from $58.00 to $63.00 in a research note on Tuesday, May 13th. They now have a “strong-buy” rating on the stock. On the ratings front, analysts at Citigroup Inc. downgraded shares of Analog Devices from a “buy” rating to a “neutral” rating in a research note on Friday, April 25th. They now have a $58.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Analog Devices in a research note on Tuesday, April 22nd. They now have a $62.00 price target on the stock. Eight research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Analog Devices has a consensus rating of “Buy” and a consensus price target of $54.95.

In other Analog Devices news, VP Margaret K. Seif sold 4,000 shares of the stock on the open market in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $50.92, for a total transaction of $203,680.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Analog Devices, Inc (NYSE:ADI) is engaged in the design, manufacture and marketing of a range of analog, mixed-signal and digital signal processing integrated circuits (ICs).

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