Analog Devices engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. The company was founded in 1965 and is based in Norwood, Massachusetts.
ADI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ADI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Analog Devices Inc ranked in the 40th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 12.67%. In terms of the factors that were most noteworthy in this DCF analysis for ADI, they are:
ADI's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 34.53% of tickers in our DCF set.
The weighted average cost of capital for the company is 8. This value is greater than just 23.04% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Analog Devices Inc? See CRUS, DAKT, DIOD, FIVN, and G.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating: Maxim Integrated Products, Inc. (NASDAQ: MXIM) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Analog Devices, Inc. Under the terms of the agreement, Maxim stockholders will receive 0.630 of a share of Analog Devices common stock for each share of Maxim common stock they hold at closing. To learn more about your legal rights
NORWOOD, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company’s Chief Financial Officer, Prashanth Mahendra-Rajah, will speak at Deutsche Bank’s Virtual Technology Conference to be held on Monday, September 14, 2020, at 9:25 a.m. Eastern time. The webcast for the conference may be accessed live via the Investor Relations section of Analog Devices’ website at investor.analog.com. An archived replay will also be available shortly following the webcast. About
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