ADT Inc. (NYSE:ADT) finished Thursday with an addition of $0.23 to close at $6.71, an upside of 3.55 percent. An average of 3,292,120 shares of common stock have been traded in the last five days. There was a gain of $0.38 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 2,244,000 shares traded, while the 50-day average volume stands at 2,974,404.
ADT stock has increased by 5.34% in the last month. The company shares reached their 1-month lowest point of $5.91 on 08/08/23. With the stock rallying to its 52-week high on 01/13/23, shares of the company touched a low of $4.89 and a high of $10.10 in 52 weeks. It has reached a new high 7 times so far this year and lost -26.02% or -$2.36 in price. In spite of this, the price is down -33.53% from the 52-week high.
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Insider Transactions
ADT stock investors should be aware that ADT Inc. (ADT) stock had its last reported insider trading activity 182 days ago on May 05. In this transaction, the insider spent $827,000. EVP, Commercial, Bresingham Daniel, disposed of 257,959 shares at a price of $9.60 on Jan 17. The insider now owns more than $2,476,406 worth of shares.
Valuation Metrics
ADT Inc. (ADT) stock’s beta is 1.71. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.96, the price-to-book (PB) ratio at 1.88, and the price-to-cash flow ratio at 20.79.
The company has a payout ratio of 96.36%. The company’s most recent quarterly dividend payment was $0.0350 a share, without any change from last year. Its latest decrease dividend $0.70 reported on Tuesday November 12 2019.
Financial Health
The quick ratio of ADT Inc. for the three months ended June 29 was 0.60, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 2.89 and a total debt to equity ratio of 3.03 for the quarter ending June 29. ADT Inc.’s EBITDA margin for the year ending June 29 is 40.47%, while its operating margin for the same period stands at 6.60%. Its gross profit as reported stood at $4.36 billion compared to revenue of $6.4 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, ADT Inc.’s return on assets was -0.20%.
Earnings Surprise
For the three-month period that ended June 29, ADT Inc. had $8.83 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $92.21 million in the quarter, while revenues of -$118.84 million were grew 0.75%. The analyst consensus anticipated ADT Inc.’s latest quarter earnings to come in at $0.06 per share, but it turned out to be $0.16, a 166.70% surprise. For the quarter, EBITDA amounted to $626.18 million. At the end of the quarter ending June 29, ADT Inc.’s stock balance sheet showed total liabilities of 14.02 billion. Shareholders own equity worth $921.23 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at ADT Inc. (ADT) price momentum. RSI 9-day as of the close on 10 August was 68.52%, suggesting the stock is Neutral, with historical volatility in this time frame at 30.33%.
As of today, ADT’s price is $6.40 +6.00% or $0.38 from its 5-day moving average. ADT is currently trading +2.29% higher than its 20-day SMA and -3.31% lower than its 100-day SMA. However, the stock’s current price level is +15.29% above the SMA50 and -23.75% below the SMA200.
The stochastic %K and %D were 78.14% and 55.52%, respectively, and the average true range (ATR) was 0.24. With the 14-day stochastic at 89.86% and the average true range at 0.23, the RSI (14) stands at 63.44%. The stock has reached 0.12 on the 9-day MACD Oscillator while the 14-day reading was at 0.13.
Analyst Ratings
The consensus rating for ADT Inc. (ADT) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell ADT, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.
What is ADT’s price target for the next 12 months?
Analysts predict a range of price targets between $8.00 and $13.50, with a median target of $8.65. Taking a look at these predictions, the average price target given by analysts for ADT Inc. (ADT) stock is $9.47.
