ADT Inc (NYSE:ADT) price on current trading day, fall -0.44% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.95.
A look at the stock’s price movement, the level at last check in today’s session was $6.98, moving within a range at $6.92 and $7.0302. The beta value (5-Year monthly) was 1.517 while the PE ratio in trailing twelve months stood at 7.57. Turning to its 52-week performance, $8.25 and $6.02 were the 52-week high and 52-week low respectively. Overall, ADT moved -9.63% over the past month.
ADT Inc’s market cap currently stands at around $6.30 billion, with investors looking forward to this quarter’s earnings report slated for in January. The company has a Forward Dividend ratio of 0.22, with its dividend yield at 3.17%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 1.23B for the company’s revenue for the quarter, with a low and high estimate of 1.23B and 1.24B respectively. The average forecast suggests up to a 0.92% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 4.88B, representing a -1.98% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ADT is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 1 recommend ADT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ADT’s current price about -3.74% and -5.69% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.64, while 7-day volatility ratio is 2.24% and 2.14% in the 30-day chart. Further, ADT Inc (ADT) has a beta value of 1.51, and an average true range (ATR) of 0.16. Analysts have given the company’s stock an average 52-week price target of $9.1, forecast between a low of $8.2 and high of $10. Looking at the price targets, the low is -17.99% off recent price level in today’s trading while to achieve the yearly target high, it has to move -43.88%. Nonetheless, investors will most likely welcome a -30.94% jump to $9.1 which is the analysts’ median price.
If we refocus on ADT Inc (NYSE:ADT), historical trading data shows that trading volumes averaged 6.08 over the past 10 days and 6.53 million over the past 3 months. The company’s latest data on shares outstanding shows there are 857.25 million shares.
The 47.25% of ADT Inc’s shares are in the hands of company insiders while institutional holders own 44.47% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 14.43 million on 2024-11-29, giving us a short ratio of 2.26. The data shows that as of 2024-11-29 short interest in ADT Inc (ADT) stood at 534.0000200000001 of shares outstanding, with shares short falling to 21.65 million registered in 2024-10-31. Current price change has pushed the stock 1.89% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ADT stock continues to rise going into the next quarter.
