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Here's How Much a $1000 Investment in Analog Devices Made 10 Years Ago Would Be Worth Today September 20, 2024
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How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in Analog Devices (ADI - Free Report) ten years ago? It may not have been easy to hold on to ADI for all that time, but if you did, how much would your investment be worth today?
Analog Devices' Business In-Depth
With that in mind, let's take a look at Analog Devices' main business drivers.
Analog Devices, Inc. is headquartered in Norwood, Massachusetts. The company is an original equipment manufacturer of semiconductor devices, specifically, analog, mixed signal and digital signal processing (DSP) integrated circuits.
The product line is composed of amplifiers and comparators; analog to digital converters; digital to analog converters; video encoders and decoders; embedded processing products and DSPs; MEMS and temperature sensors; RF/IF components and converters; power and thermal management ICs, audio/video converters, amplifiers, CODECs, filters and processors.
The company also offers analog, digital and RF switches and multiplexers; analog microcontrollers; clock and timing products; voltage references; interface products such as isolators, translators and transceivers; wireless products and converters; broadband products including amplifiers, CODECs, chipsets, splitters.
Analog Devices has manufacturing facilities in the United States, Ireland, and Southeast Asia. The company also uses outside foundries, mainly Taiwan Semiconductor Manufacturing Company for front-end processing and third-party subcontractors for back-end operations.
Notably, the company generated $12.3 billion revenues in fiscal 2023.
The company generates revenues from four organized end-markets – Industrial, Consumer, Communications and Automotive.
In Industrial market (53% of fiscal 2023 revenues), Analog Devices caters to the needs of industrial and instrumentation, defense/aerospace, energy management and healthcare sectors.
In Communications market (13%), Analog Devices offers products required in internet infrastructures, broadband and wireless applications.
For Automotive market (24%), the company offers products that are utilized in infotainment, electrification, autonomous, ADAS and safety applications.
Further, the company takes care of the requirements in feature-rich, high-performance products such as portable devices and prosumer video/audio equipment in the Consumer market (10%).
The company caters to the growing demand for its products in these afore mentioned markets via its strong sales channels. We note that it has direct sales offices, sales representatives and distributors in more than 50 countries.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in Analog Devices ten years ago, you're probably feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in September 2014 would be worth $4,669.93, or a 366.99% gain, as of September 20, 2024. Investors should keep in mind that this return excludes dividends but includes price appreciation.
The S&P 500 rose 184.20% and the price of gold increased 104.26% over the same time frame in comparison.
Analysts are anticipating more upside for ADI.
Analog Devices reported weak fiscal third quarter results wherein both earnings and revenues declined year over year. This was due to softness in the automotive market. Macroeconomic uncertainties and weak demand environment was a major concern. Sluggish communications and industrial markets due to the broad-based inventory correction, was a negative. Geo-political tensions and recessionary fears are major negatives. The ongoing inventory correction is expected to be a headwind for the company in the near term. Nevertheless, strength across electric vehicle space on the back of Analog Devices’ robust Battery Management System solutions is a tailwind. Increasing power design wins are other positives. Solid momentum of HEV platform across cabin electronics ecosystem is a positive. The stock has outperformed its industry on a year-to-date basis.
Shares have gained 5.20% over the past four weeks and there have been 13 higher earnings estimate revisions for fiscal 2024 compared to none lower. The consensus estimate has moved up as well.
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How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in Analog Devices (ADI - Free Report) ten years ago? It may not have been easy to hold on to ADI for all that time, but if you did, how much would your investment be worth today?
Analog Devices' Business In-Depth
With that in mind, let's take a look at Analog Devices' main business drivers.
Analog Devices, Inc. is headquartered in Norwood, Massachusetts. The company is an original equipment manufacturer of semiconductor devices, specifically, analog, mixed signal and digital signal processing (DSP) integrated circuits.
The product line is composed of amplifiers and comparators; analog to digital converters; digital to analog converters; video encoders and decoders; embedded processing products and DSPs; MEMS and temperature sensors; RF/IF components and converters; power and thermal management ICs, audio/video converters, amplifiers, CODECs, filters and processors.
The company also offers analog, digital and RF switches and multiplexers; analog microcontrollers; clock and timing products; voltage references; interface products such as isolators, translators and transceivers; wireless products and converters; broadband products including amplifiers, CODECs, chipsets, splitters.
Analog Devices has manufacturing facilities in the United States, Ireland, and Southeast Asia. The company also uses outside foundries, mainly Taiwan Semiconductor Manufacturing Company for front-end processing and third-party subcontractors for back-end operations.
Notably, the company generated $12.3 billion revenues in fiscal 2023.
The company generates revenues from four organized end-markets – Industrial, Consumer, Communications and Automotive.
In Industrial market (53% of fiscal 2023 revenues), Analog Devices caters to the needs of industrial and instrumentation, defense/aerospace, energy management and healthcare sectors.
In Communications market (13%), Analog Devices offers products required in internet infrastructures, broadband and wireless applications.
For Automotive market (24%), the company offers products that are utilized in infotainment, electrification, autonomous, ADAS and safety applications.
Further, the company takes care of the requirements in feature-rich, high-performance products such as portable devices and prosumer video/audio equipment in the Consumer market (10%).
The company caters to the growing demand for its products in these afore mentioned markets via its strong sales channels. We note that it has direct sales offices, sales representatives and distributors in more than 50 countries.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in Analog Devices ten years ago, you're probably feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in September 2014 would be worth $4,669.93, or a 366.99% gain, as of September 20, 2024. Investors should keep in mind that this return excludes dividends but includes price appreciation.
The S&P 500 rose 184.20% and the price of gold increased 104.26% over the same time frame in comparison.
Analysts are anticipating more upside for ADI.
Analog Devices reported weak fiscal third quarter results wherein both earnings and revenues declined year over year. This was due to softness in the automotive market. Macroeconomic uncertainties and weak demand environment was a major concern. Sluggish communications and industrial markets due to the broad-based inventory correction, was a negative. Geo-political tensions and recessionary fears are major negatives. The ongoing inventory correction is expected to be a headwind for the company in the near term. Nevertheless, strength across electric vehicle space on the back of Analog Devices’ robust Battery Management System solutions is a tailwind. Increasing power design wins are other positives. Solid momentum of HEV platform across cabin electronics ecosystem is a positive. The stock has outperformed its industry on a year-to-date basis.
Shares have gained 5.20% over the past four weeks and there have been 13 higher earnings estimate revisions for fiscal 2024 compared to none lower. The consensus estimate has moved up as well.