ADT Inc (NYSE:ADT) has earned an average recommendation of “Buy” from the ten analysts that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $10.91.
Several analysts recently commented on the stock. ValuEngine cut shares of ADT from a “hold” rating to a “sell” rating in a report on Tuesday, April 9th. Citigroup cut shares of ADT from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $13.00 to $8.25 in a report on Tuesday, March 12th. Barclays restated a “buy” rating and set a $10.00 price target on shares of ADT in a report on Wednesday, March 13th. Zacks Investment Research upgraded shares of ADT from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 12th. Finally, Morgan Stanley set a $10.00 price target on shares of ADT and gave the stock a “buy” rating in a report on Tuesday, January 8th.
Shares of ADT stock traded up $0.01 during trading on Monday, hitting $6.66. 954,600 shares of the company were exchanged, compared to its average volume of 2,346,899. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.73 and a current ratio of 0.84. The stock has a market cap of $5.03 billion, a P/E ratio of -41.63, a P/E/G ratio of 0.69 and a beta of 2.34. ADT has a twelve month low of $5.88 and a twelve month high of $9.84.
ADT (NYSE:ADT) last posted its quarterly earnings results on Monday, March 11th. The security and automation business reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.15). The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.16 billion. ADT had a negative return on equity of 3.39% and a negative net margin of 13.30%. Sell-side analysts predict that ADT will post 0.91 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend was Monday, April 1st. ADT’s dividend payout ratio is currently -87.50%.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Acadian Asset Management LLC acquired a new stake in ADT in the fourth quarter valued at approximately $45,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in ADT in the fourth quarter valued at approximately $60,000. Two Sigma Advisers LP acquired a new stake in ADT in the fourth quarter valued at approximately $61,000. Lourd Capital LLC acquired a new stake in ADT in the fourth quarter valued at approximately $67,000. Finally, Dimensional Fund Advisors LP acquired a new stake in ADT in the third quarter valued at approximately $118,000. Hedge funds and other institutional investors own 98.12% of the company’s stock.
ADT Inc provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers. The company primarily offers monitored security and automation solutions, including the installation and monitoring of security and premises automation systems designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal emergencies such as injuries, medical emergencies, or incapacitation.
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