ADT Inc (NYSE:ADT) has been assigned an average recommendation of “Buy” from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $15.88.
ADT has been the subject of several recent research reports. Morgan Stanley initiated coverage on shares of ADT in a research report on Tuesday, February 13th. They issued an “overweight” rating and a $18.00 price target for the company. Credit Suisse Group began coverage on shares of ADT in a research report on Tuesday, February 13th. They issued a “neutral” rating and a $14.00 price target for the company. Deutsche Bank began coverage on shares of ADT in a research report on Tuesday, February 13th. They set a “buy” rating and a $16.00 price objective for the company. Imperial Capital began coverage on shares of ADT in a research report on Tuesday, February 13th. They set an “outperform” rating and a $15.00 price objective for the company. Finally, ValuEngine raised shares of ADT from a “hold” rating to a “buy” rating in a research report on Wednesday, March 14th.
ADT stock traded down $0.06 during midday trading on Wednesday, hitting $8.75. The company’s stock had a trading volume of 3,687,662 shares, compared to its average volume of 4,806,207. The company has a quick ratio of 0.39, a current ratio of 0.51 and a debt-to-equity ratio of 2.95. ADT has a 52-week low of $7.36 and a 52-week high of $13.02. The stock has a market capitalization of $6,598.23 and a PE ratio of -25.00.
ADT (NYSE:ADT) last issued its quarterly earnings results on Thursday, March 15th. The security and automation business reported ($0.06) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.20). The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the company earned ($0.07) earnings per share. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. analysts expect that ADT will post 0.92 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 5th. Stockholders of record on Monday, March 26th were given a dividend of $0.035 per share. The ex-dividend date of this dividend was Friday, March 23rd. This represents a $0.14 annualized dividend and a dividend yield of 1.60%. ADT’s dividend payout ratio (DPR) is currently -40.00%.
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ADT Company Profile
ADT Inc is a provider of monitored security, interactive home and business automation and related monitoring services in the United States and Canada. The Company offers a range of products home security systems, home automation, security cameras, fire, home and safety, and monitoring services. It also offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions.
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