ADT Inc (NYSE:ADT) announced a dividend on Thursday, March 15th, Fidelity reports. Investors of record on Friday, March 23rd will be given a dividend of 0.035 per share by the security and automation business on Monday, April 30th. The ex-dividend date is Thursday, March 22nd.
ADT opened at $8.75 on Friday. The company has a market cap of $6,598.23 and a price-to-earnings ratio of -25.00. ADT has a 52 week low of $7.36 and a 52 week high of $13.02. The company has a current ratio of 0.51, a quick ratio of 0.39 and a debt-to-equity ratio of 2.95.
ADT (NYSE:ADT) last released its quarterly earnings results on Thursday, March 15th. The security and automation business reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.20). The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.06 billion. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.07) earnings per share. equities analysts predict that ADT will post 0.92 earnings per share for the current fiscal year.
ADT has been the topic of several research analyst reports. ValuEngine raised ADT from a “hold” rating to a “buy” rating in a research report on Wednesday, March 14th. Morgan Stanley initiated coverage on ADT in a research report on Tuesday, February 13th. They set an “overweight” rating and a $18.00 price target on the stock. Imperial Capital initiated coverage on ADT in a research report on Tuesday, February 13th. They set an “outperform” rating and a $15.00 price target on the stock. Bank of America assumed coverage on ADT in a research report on Tuesday, February 13th. They set a “buy” rating and a $16.00 price target on the stock. Finally, Royal Bank of Canada assumed coverage on ADT in a report on Tuesday, February 13th. They issued an “outperform” rating and a $16.00 target price on the stock. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. ADT presently has an average rating of “Buy” and a consensus price target of $15.88.
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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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