Quick ratio of $1.1 indicates there is enough cash on hand to pay bills and grow further , more specifically Analog Devices, Inc. current short-term liquidity position is solid .
Analog Devices, Inc. is expected to experience robust revenue and earnings growth, but this might be hard to come by with PEG at 5.79 . Currently the Technology index is trading at 15522.41 with 0.62 changeTotal Money flow for the day ended at $-1415.75mn with tick up at $7431.87mn and tick down at $8847.62mn led to up /down ratio of 0.84x. Block trades acted as a tailwind, coming in at $-1366.73mn and $864.69mn and $2231.42mn of tick ups and tick downs respectively.
With returns from assets performance at 3.70% ROA Analog Devices, Inc. growth does not seem to stacks up against Technology sector. The RSI line on the graph are at 37.35 and along with the median line in MACD oscillators resulting in Analog Devices, Inc. showing underlying strength .
Technology companies are the big downers in 2017 , resulting in a negative EPS outlook at -25.00%. Asset PB 3.09 represents a huge positive with strong fundamentals .. ADI has been using more financial leverage to finance debt and equity capital resulting in a high ROE above its competition .
Company forward PE growth at 15.26 suggest probable rerating potential. It is pertinent to acknowledge that the past 12 months PE has been less than 15.26 projected price-growth ratio , in other words, based on the early evidence present market trends indicate that earnings might trend lower in long term.
Price-earnings of 43.05 does not seem to have potential for quick returns . However this conclusion, is heavily dependent on comparison and does not seem to failrly valued as price are 26.86x times more than the Technology sector.
Increased investors activity has helped in better liquidity for Analog Devices, Inc. . Analog Devices, Inc. stocks at 1.3 Beta shows lower correlation with the wider index, further at 1.3% swing rate security is much less strained than the underlying price .
Analog Devices, Inc. Price levels are lower than 52 week high at -9.13% there is enough momentum to continue the uptrend in a favorable direction. As values near 52w there is enough gap in the intrinsic value and current price , so focus should be on the fundamentals and valuations , not price.
With boost in current upwards growth rate of 7.44%, 43.05 PE set for uptrend . However curr r to assess the solvency of a business is always not recommend , since it is easily manipulated.
Stocks 200 moving average 3.56%, this is a good indicator to benchmark shares long-term directional course , further based on the charts, company is now trending in its extended scope above its moving avg compared to its typical trading range.