ADT Inc. (NYSE:ADT) saw an upside of 0.32% to close Tuesday at $6.30 after adding $0.02 on the day. The 5-day average trading volume is 1,717,180 shares of the company’s common stock. It has gained $6.51 in the past week and touched a new high 1 time within the past 5 days. An average of 2,247,295 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,741,482.
The company’s shares have touched a 52-week low of $4.89 and high of $10.10, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, ADT has lost -30.54% or -$2.77 and has reached a new high 7 times. However, the current price is down -37.59% from the 52-week high price.
Insider Transactions
ADT stock investors last saw insider trading activity on May 05.Bresingham Daniel (EVP, Commercial) most recently sold 100,000 shares at $8.27 per share on Feb 10. This transaction cost the insider $827,000. EVP, Commercial, Bresingham Daniel, sold 257,959 shares at a price of $9.60 on Jan 17.
Valuation Metrics
ADT stock has a beta of 1.70. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.89 while the price-to-book (PB) in the most recent quarter is 1.73, with the price to cash flow ratio at 12.00.
ADT Inc.’s quick ratio for the period ended June 29 was 0.50, with the current ratio over the same period at 0.70. As well, the company’s long term debt to equity for the quarter ending June 29 was 2.66, while the total debt to equity was 2.91.. In terms of profitability, the gross margin trailing 12 months is 68.70%. The trailing 12-month EBITDA margin is 40.47% while for the period ending June 29, ADT Inc.’s operating margin was 5.20%. The firm’s gross profit as reported stood at $4.36 billion against revenue of $6.4 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 0.75% to $92.21 million, while revenue of -$118.84 million was 228.88% off the previous quarter. Analysts expected ADT to announce $0.06 per share in earnings in its latest quarter, but it posted $0.16, representing a 166.70% surprise. EBITDA for the quarter stood at more than $626.18 million. ADT stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 14.02 billion, with total debt at $9.81 billion. Shareholders hold equity totaling $921.23 million.
Let’s look briefly at ADT Inc. (ADT) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 45.81% to suggest the stock is trending Neutral, with historical volatility in this time period at 28.81%.
The stock’s 5-day moving average is $6.33, reflecting a -1.56% or -$0.10 change from its current price. ADT is currently trading -0.47% above its 20-day SMA, -12.26% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +3.45% and SMA200 by-23.64%.
Stochastic %K and %D was 44.79% and 45.92% and the average true range (ATR) pointed at 0.22. The RSI (14) points at 48.27%, while the 14-day stochastic is at 43.66% with the period’s ATR at 0.22. The stock’s 9-day MACD Oscillator is pointing at -0.10 and -0.07 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for ADT stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate ADT as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 have offered a “buy” rating.
What is ADT’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $8.00 and a high of $13.00, with their median price target at $8.65. Looking at these predictions, the average price target given by analysts is for ADT Inc. (ADT) stock is $9.38.
