Analog Devices (ADI) Exceeds Market Returns: Some Facts to Consider
The stock of semiconductor maker has risen by 10.17% in the past month, leading the Computer and Technology sector's gain of 7.61% and the S&P 500's gain of 5.13%.
The investment community will be paying close attention to the earnings performance of Analog Devices in its upcoming release. The company's earnings per share (EPS) are projected to be $1.92, reflecting a 21.52% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.76 billion, up 19.18% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $7.39 per share and revenue of $10.6 billion. These totals would mark changes of +15.83% and +12.49%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Analog Devices. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.26% increase. Analog Devices is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, Analog Devices is at present trading with a Forward P/E ratio of 32.57. This indicates a discount in contrast to its industry's Forward P/E of 39.67.
Meanwhile, ADI's PEG ratio is currently 2.22. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. ADI's industry had an average PEG ratio of 2.24 as of yesterday's close.
The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 176, which puts it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Analog Devices, Inc. (ADI) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNET
13 minutes ago
- CNET
Prime Day Begins With Epic July 4th Amazon Device Deals: Save Up to 50% on Smart Speakers, TVs, Tablets and More
You'll find plenty of deals to check out today with Fourth of July sales in full swing and another massive shopping event just around the corner. Amazon's Prime Day sale kicks off in just a few days, on July 8, and it's another great opportunity to grab tons of top tech, home goods and much more at amazing prices. Leading up to the sale, Prime members can already take advantage of some incredible Prime Day discounts on Amazon's own devices, including TVs, smart speakers, security cameras and much more. We've rounded up some of the best offers below, and we'll continue to update this page up to and throughout the sale, so be sure to check back often. Hey, did you know? CNET Deals texts are free, easy and save you money. Best Prime Day deals on Amazon devices Echo Dot with Amazon Basics smart bulb: $37 A nice 41% savings on the Echo Dot smart speaker and an Amazon Basics smart bulb is a great way to add convenience to your day. With Alexa control and automated routines and scheduling, this duo can easily integrate into your Amazon-based smart home. And the color bulb supports 16 million colors, adding whatever ambiance you want to your space. Details Save $26 $37 at Amazon Close Fire TV Soundbar: $85 If you want an affordable but powerful soundbar, this one should cover it. It comes with plenty of great features, which basically means you'll be able to hear your movies and shows much better. Details Save $35 $85 at Amazon Close Blink Outdoor 4: $100 We can all use a little more piece of mind, and at over 60% off, this three-pack of outdoor security cameras is a great investment. The cameras offer 1080p HD video, two-way talk and have a battery life of up to two years. Details Save $160 $100 at Amazon Close Amazon Echo Spot: $45 Amazon's Echo Spot smart speaker is down to $45 right now, matching its lowest price -- one we last saw during 2024's holiday sales. Now is a great time to grab this combination speaker and alarm clock, which is compact enough for a nightstand or office desk. You can choose from black, glacier white or ocean blue. Details Save $35 $45 at Amazon Close Echo Show 8: $110 Amazon's Echo Show 8 is one of our absolute favorite smart displays for 2025 and it's now down to just $110. That's a solid $40 discount and makes it easier to grab this convenient Alexa gadget for your smart home. The Echo Show 8 makes for a great control center if you're grabbing multiple Amazon devices. Details Save $40 $110 at Amazon Close Ring Alarm 14-piece smart home security system: $199 Want a DIY security system? This kit can keep you alert if you have a 2-4 bedroom home. It includes one base station, two keypads, eight contact sensors, two motion detectors and one range extender. You can also add sensors and accessories as needed, but those are sold separately. Additionally, you can subscribe to Ring Home Standard (for a separate fee) to keep your system online even if the Wi-Fi goes down and even add professional monitoring. Details Save $131 $199 at Amazon Close Refurbished Fire Max 11 tablet: $130 The Fire Max 11 is a great budget tablet with a beautiful 11-inch screen, perfect for streaming, reading and chilling out. This model has been refurbished up to Amazon Certified levels, so it's trustworthy but might not be for everyone. Details Save $70 $130 at Amazon Close More Prime Day offers on Amazon devices and accessories: Do I have to be an Amazon Prime member to shop Prime Day? To access most Prime Day deals, you'll need to be a Prime member. If you've always wanted the benefits of Prime but haven't made the jump, now's a great time to subscribe. Subscribing now could lead to significant savings as tariffs are expected to raise prices on a lot of goods. In fact, 16% of shoppers say they're using Prime Day to start their holiday shopping well ahead of the holiday season, according to a new RetailMeNot survey. (Disclosure: RetailMeNot is owned by the same parent company as CNET, Ziff Davis.) Read more: How to Sign Up for a Prime Membership Is Amazon Prime Day a good time to buy Echo, Kindle and Fire TV devices? Yes. Amazon withholds its biggest price cuts for its Prime events and offers them exclusively to its Prime members. During previous events, we've seen record-low pricing on everything from Echo smart speakers and Fire tablets to Fire TV Sticks, Ring and Blink security devices, Kindle e-readers and more. How we choose deals CNET has a team of shopping experts and deal hunters who've operated across major sales events for many years, making sure you understand when a deal is worth taking advantage of and when it's worth skipping. Whether it's for Black Friday, Prime Day or the Fourth of July, we have the expertise to make sure you get the best deal possible. To do this, we look for real discounts, quality reviews and remaining sale time when choosing an offer to show you. Real discounts mean real discounts. We look at the price history for that product to make sure no manufacturers are inflating prices to make the discount seem more substantial than it is. Quality reviews are equally important for any product, but particularly for deeply discounted items. If it breaks the first time you use it, the discount isn't really worthwhile. Remaining sale time is a huge part of our vetting process. If a deal seems like it will only be around for a short while or will only be available for the remaining stock, we'll let you know in advance, so you don't return later only to be disappointed. We are also considering the rising costs associated with tariffs to help you find items worth buying now. Read more: Tariff Tracker: We're Watching Prices for 11 Products You Might Need to Buy Watch this: How to Hack Amazon Prime Day: Shopping and Deals Advice 04:03
Yahoo
14 minutes ago
- Yahoo
Oil falls as Iran affirms commitment to nuclear treaty
By Robert Harvey LONDON (Reuters) -Oil futures fell slightly on Friday after Iran reaffirmed its commitment to nuclear non-proliferation, while major producers from the OPEC+ group are set to agree to raise their output this weekend. Brent crude futures were down 49 cents, or 0.71%, to $68.31 a barrel by 0831 GMT, while U.S. West Texas Intermediate crude fell 41 cents, or 0.61%, to $66.59. Trade was thinned by the U.S. Independence Day holiday. U.S. news website Axios reported on Thursday that the United States was planning to meet with Iran next week to restart nuclear talks, while Iran Foreign Minister Abbas Araqchi said Tehran remained committed to the nuclear Non-Proliferation Treaty. The U.S. imposed fresh sanctions targeting Iran's oil trade on Thursday. Saudi Arabian Defence Minister Prince Khalid bin Salman met with President Trump and other officials at the White House to discuss de-escalation efforts with Iran, media reports said. Trump also said on Thursday that he would meet with representatives of Iran "if necessary". "Thursday's news that the U.S. is preparing to resume nuclear talks with Iran, and Araqchi's clarification that cooperation with the U.N. atomic agency has not been halted considerably eases the threat of a fresh outbreak of hostilities," said Vandana Hari, founder of oil market analysis provider Vanda Insights. Araqchi made the comments a day after Tehran enacted a law suspending cooperation with the U.N. nuclear watchdog, the International Atomic Energy Agency. OPEC+, the world's largest group of oil producers, is set to announce an increase of 411,000 bpd in production for August as it looks to regain market share, four delegates from the group told Reuters. Meanwhile, uncertainty over U.S. tariff policies resurfaced as the end of a 90-day pause on higher levy rates approaches. Washington will start sending letters to countries on Friday specifying what tariff rates they will face on goods sent to the United States, a clear shift from earlier pledges to strike scores of individual trade deals. President Trump told reporters before departing for Iowa on Thursday that the letters would be sent to 10 countries at a time, laying out tariff rates of 20% to 30%. Trump's 90-day pause on higher U.S. tariffs ends on July 9, and several large trading partners have yet to clinch trade deals, including the European Union and Japan. Separately, Barclays said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to $70 a barrel for 2026 on an improved outlook for demand. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15 minutes ago
- Yahoo
CRISPR and Lab-on-a-Chip Technologies Set to Revolutionize Pathogen Detection
The Global Food Pathogen Testing Market, valued at USD 10 billion in 2025, is projected to grow at a CAGR of 10%, reaching USD 23.5 billion by 2034. Growing food safety concerns and advancements in rapid testing methods, AI, and blockchain are driving this expansion, optimizing food supply chain transparency. Food Pathogen Testing Market Dublin, July 04, 2025 (GLOBE NEWSWIRE) -- The "Food Pathogen Testing Market Size, Share, Trends, Analysis, and Forecast 2025-2034 | Global Industry Growth, Competitive Landscape, Opportunities, and Challenges" report has been added to Food Pathogen Testing Market is valued at USD 10 billion in 2025. Further, the market is expected to grow at a CAGR of 10% to reach USD 23.5 billion by 2034. The Food Pathogen Testing Market is expanding rapidly as global food safety concerns continue to intensify. With rising instances of foodborne illnesses and outbreaks caused by bacteria such as Salmonella, Listeria, and E. coli, food manufacturers and regulatory authorities are prioritizing stringent testing protocols. Food pathogen testing plays a crucial role in ensuring the safety and quality of food products by detecting harmful microorganisms at various stages of production, processing, and distribution. Regulatory frameworks across regions, including the FDA's Food Safety Modernization Act (FSMA) in the U.S. and the European Union's strict food safety directives, are pushing companies to adopt advanced testing in rapid testing methods, including polymerase chain reaction (PCR) and immunoassay-based techniques, are enabling faster and more accurate pathogen detection. Additionally, the growing consumption of processed and packaged foods, along with increased global trade in perishable goods, is further propelling market demand. As food safety regulations become stricter worldwide, investment in food pathogen testing technologies and automation is expected to grow 2024, the Food Pathogen Testing Market has witnessed several key advancements driven by the growing emphasis on foodborne disease prevention. The demand for rapid and automated testing solutions has increased, with food manufacturers investing in next-generation molecular diagnostics and biosensors to achieve quicker turnaround times. AI-driven predictive analytics are being integrated into testing processes to enhance contamination risk assessments and prevent outbreaks before they occur. Regulatory bodies worldwide have intensified surveillance and enforcement, leading to a higher rate of recalls and penalties for expansion of microbiological testing services in developing economies, particularly in Asia-Pacific and Latin America, has also gained momentum due to increased food exports and a growing middle-class population demanding higher food safety standards. Meanwhile, the adoption of blockchain technology in food supply chains is improving traceability and ensuring transparency in pathogen testing, allowing for swift action in case of contamination. The market is also experiencing a shift toward portable testing kits that enable on-site detection, reducing dependency on centralized ahead to 2025 and beyond, the Food Pathogen Testing Market is expected to see further advancements in automation, precision, and regulatory alignment. AI and machine learning will play a more significant role in predictive food safety monitoring, helping manufacturers identify contamination risks before they escalate into widespread issues. The development of CRISPR-based diagnostics is set to revolutionize pathogen detection by providing ultra-sensitive and rapid testing solutions. Additionally, the rise of lab-on-a-chip technology will enable decentralized testing, making food safety monitoring more accessible and the increasing focus on sustainability, manufacturers will also seek eco-friendly testing solutions that minimize chemical waste and energy consumption. Governments and international organizations will likely standardize food safety regulations further, ensuring consistency across borders and streamlining compliance processes. As food production scales up to meet global demand, investments in robust pathogen testing infrastructure will become essential for ensuring public health and maintaining consumer trust in food Trends in the Food Pathogen Testing Market Adoption of AI and Big Data Analytics: AI-driven predictive modeling is being integrated into pathogen testing to analyze contamination patterns, optimize food safety protocols, and minimize risks before they lead to outbreaks. Rise of Rapid and Portable Testing Solutions: The demand for on-site pathogen testing kits is increasing, enabling food manufacturers and regulators to conduct immediate contamination assessments and reduce response times. Integration of Blockchain in Food Safety: Blockchain technology is enhancing traceability and transparency in food supply chains, ensuring accurate record-keeping and quick identification of contamination sources. Expansion of CRISPR-Based Pathogen Detection: Emerging CRISPR diagnostic technologies are offering ultra-fast and precise detection of harmful foodborne pathogens, promising a new era of molecular food safety testing. Growth of Outsourced Testing Services: Many food companies are partnering with third-party laboratories for pathogen testing, ensuring compliance with evolving regulatory requirements while reducing in-house testing costs. Key Market Drivers Increasing Foodborne Illness Outbreaks: Rising global cases of foodborne diseases are driving the demand for stringent pathogen testing measures to ensure consumer safety and prevent large-scale outbreaks. Stringent Government Regulations: Enhanced regulatory frameworks across regions are compelling food manufacturers to comply with mandatory pathogen testing standards, increasing market growth. Surge in Packaged and Processed Food Consumption: The growing consumption of ready-to-eat and processed foods necessitates rigorous testing to ensure microbiological safety and extend shelf life. Technological Advancements in Testing Methods: Innovations in molecular diagnostics, biosensors, and AI-powered analytics are improving pathogen detection efficiency, making testing faster and more reliable. Key Market Challenge High Cost of Advanced Testing Technologies: The implementation of sophisticated pathogen testing solutions, such as molecular diagnostics and AI-driven analytics, involves significant investment, posing challenges for small and mid-sized food businesses. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $10 Billion Forecasted Market Value (USD) by 2034 $23.5 Billion Compound Annual Growth Rate 10.0% Regions Covered Global Companies Featured Bureau Veritas SA Lloyd's Register Quality Assurance Limited Intertek Group plc Asurequality Ltd. Genevac Ltd. Thermo Fisher Scientific Inc. Bio-Rad Laboratories Inc. Merck Co. & KGaA Neogen Corporation bioMerieux SA Agilent Technologies Inc. Qiagen NV Shimadzu Corporation SGS Societe Generale de Surveillance SA Genetic Id Na Inc. RapidBio Systems Inc. Merieux NutriSciences Corp. FoodChain ID Inc. Ring Biotechnology Co. Ltd. Genon Laboratories Ltd. PerkinElmer Inc. Randox Food Diagnostics Ltd. Omega Diagnostics Group plc Romer Labs Inc. Eurofins Scientific SE Charm Sciences Inc. Hygiena LLC MilliporeSigma Hardy Diagnostics Luminex Corporation Market Segmentation By Type Salmonella Listeria Other Pathogens By Technology Traditional Rapid Immunoassay Convenience Based PCR Other Technologies By Application Meat And Poultry Fruits And Vegetables Dairy Other Applications By Sales Channel OEM Aftermarket By Geography North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Food Pathogen Testing Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
