News articles about ADTRAN (NASDAQ:ADTN) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. ADTRAN earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the communications equipment provider an impact score of 46.4402210405526 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several analysts have weighed in on the company. Needham & Company LLC reiterated a “buy” rating and set a $22.00 price target (down previously from $26.00) on shares of ADTRAN in a research note on Friday, January 12th. Jefferies Group restated a “hold” rating and issued a $17.25 target price on shares of ADTRAN in a research note on Thursday, January 18th. BidaskClub downgraded ADTRAN from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Cowen restated a “hold” rating and issued a $16.00 target price on shares of ADTRAN in a research note on Friday, December 29th. Finally, Northland Securities reaffirmed a “buy” rating and issued a $23.00 price target on shares of ADTRAN in a report on Thursday, January 18th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $21.41.
ADTRAN (ADTN) traded down $0.13 on Thursday, hitting $16.27. The stock had a trading volume of 525,200 shares, compared to its average volume of 653,975. ADTRAN has a 1-year low of $15.65 and a 1-year high of $25.10. The stock has a market capitalization of $789.65, a price-to-earnings ratio of 32.55, a P/E/G ratio of 3.42 and a beta of 0.57. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.79 and a current ratio of 3.98.
ADTRAN (NASDAQ:ADTN) last released its quarterly earnings results on Tuesday, January 16th. The communications equipment provider reported $0.05 EPS for the quarter, topping the consensus estimate of $0.01 by $0.04. ADTRAN had a return on equity of 7.95% and a net margin of 3.58%. The business had revenue of $126.52 million during the quarter, compared to analyst estimates of $125.90 million. research analysts expect that ADTRAN will post 0.48 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 14th. Stockholders of record on Wednesday, January 31st were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend was Tuesday, January 30th. ADTRAN’s dividend payout ratio (DPR) is currently 72.00%.
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ADTRAN, Inc (ADTRAN) is a provider of networking and communications equipment. The Company’s solutions enable voice, data, video and Internet communications across a range of network infrastructures. It operates through two segments: Network Solutions and Services & Support. Network Solutions includes software and hardware products that enable CSPs and enterprise customers to realize a fully connected world.
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