The stock of ADT Inc. (NYSE:ADT) decreased by -$0.02 on Tuesday to finish at $6.46, down -0.31 percent. The last five days have seen an average of 1,685,540 shares of common stock traded. 7 times new highs were reached in the current year, with a fall of -$2.61. The average number of shares traded over the last 20 days was 2,279,525, while the average volume over the last 50 days totaled 2,282,512.
ADT stock appreciated 1.25% since last month. On 08/08/23, the company’s shares reached a one-month low of $5.91. The stock touched a high of $10.10 on 01/13/23, after rallying from a low of $4.89 in 52 weeks. The price of ADT stock has declined by -28.78% or -$2.61 this year, reaching a new high 7 times. Still, the stock price is down -36.01% 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 117 days ago on May 05. On May 05, Exec. Vice President, Solar Haenggi Jamie Elizabeth acquired 100,000 shares at $5.79 each. This transaction resulted in the insider spending $579,000. On May 05, Jackson DeLu added 8,650 shares at a price of US$5.76. After the transaction, the insider now owns 194,675 shares. EVP & COO Young Donald M. had earlier bought 50,000 shares on May 04 for $5.15 a share. The transaction was completed for $257,500.
Valuation Metrics
Beta for the stock is 1.70. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.94, the price-to-book (PB) ratio of 1.77, and the price-to-cash flow ratio of 12.76.
Company paid $0.0350 per share in dividends, remained unchanged from $0.0350 last year. A $0.70 dividend decrease was reported on Tuesday November 12 2019.
Financial Health
For the three months ended June 29, ADT Inc.’s quick ratio was 0.50, while its current ratio was 0.70, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 2.66, and the total debt to equity ratio is 2.91. As far as profitability goes, gross margin for the trailing twelve months is 68.70% percent. ADT Inc.’s EBITDA margin for the year ended June 29 was 40.47%, whereas its operating margin stood at 5.20% for the same period. Based on annual data, it had gross profit of $4.36 billion and revenue of $6.4 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. ADT’s return on assets (ROA) during the last 12 months has been -0.20%. There was a 3.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -1.10%.
Earnings Surprise
According to ADT Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $2.08 billion, while revenues fell by -1.54% to $2.13 billion. It was predicted that ADT Inc.’s quarterly earnings would be $0.16, but it ended up being $0.06, beating the consensus by 166.70%. EBITDA was $626.18 million for the quarter. At the end of ADT Inc.’s most recent quarter ended June 29, its liabilities totaled 14.02 billion, while its total debt was $9.81 billion. Equity owned by shareholders amounts to $921.23 million.
Technical Picture
Here’s a quick look at ADT Inc.’s (ADT) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 54.53%, suggesting the stock is Neutral, with a 28.65% historical volatility rate.
The stochastic %K and %D were 44.78% and 49.60% respectively, while the average true range (ATR) was 0.21. Based on the 14-day stochastic reading of 44.26%, the RSI (14) reading is 53.57%. On the 9-day MACD Oscillator, the stock is at 0.04, and the 14-day reading is at -0.01.
Analyst Ratings
Analysts have assigned ADT Inc. (ADT) an Overweight rating. ADT is a stock that is recommended for selling by 1 brokerage firm, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.
What is ADT’s price target for the next 12 months?
The current consensus forecast for the stock is between $8.00 and $13.00, with a median target price of $8.65. In analyzing these forecasts, the average price target given by analysts for ADT Inc. (ADT) is $9.38.
