ADT (ADT) Shares Gap Up to $8.81

ADT Inc (NYSE:ADT) gapped up before the market opened on Friday . The stock had previously closed at $9.45, but opened at $8.81. ADT shares last traded at $8.60, with a volume of 1844040 shares changing hands.

A number of brokerages recently weighed in on ADT. Morgan Stanley began coverage on shares of ADT in a report on Tuesday, February 13th. They set an “overweight” rating and a $18.00 price objective for the company. Royal Bank of Canada began coverage on shares of ADT in a research report on Tuesday, February 13th. They set an “outperform” rating and a $16.00 target price on the stock. 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 target price on the stock. Credit Suisse Group began coverage on shares of ADT in a research report on Tuesday, February 13th. They set a “neutral” rating and a $14.00 target price on the stock. Finally, Bank of America began coverage on shares of ADT in a research report on Tuesday, February 13th. They set a “buy” rating and a $16.00 target price on the stock. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $15.88.

How to Become a New Pot Stock Millionaire

The company has a current ratio of 0.51, a quick ratio of 0.39 and a debt-to-equity ratio of 2.95. The stock has a market cap of $6,598.23 and a P/E ratio of -25.00.

ADT (NYSE:ADT) last posted its earnings results on Thursday, March 15th. The security and automation business reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.20). The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.06 billion. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the business earned ($0.07) earnings per share. analysts anticipate that ADT Inc will post 0.92 earnings per share for the current 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 $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend was Friday, March 23rd. ADT’s payout ratio is currently -40.00%.

COPYRIGHT VIOLATION NOTICE: “ADT (ADT) Shares Gap Up to $8.81” was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece of content on another site, it was illegally copied and republished in violation of US and international trademark and copyright laws. The original version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/04/08/adt-adt-shares-gap-up-to-8-81.html.

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.

Receive News & Ratings for ADT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADT and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply