ADT Inc (NYSE:ADT) was the recipient of some unusual options trading activity on Thursday. Investors bought 2,821 call options on the stock. This represents an increase of approximately 893% compared to the average daily volume of 284 call options.
Several brokerages recently commented on ADT. Morgan Stanley began coverage on shares of ADT in a research note on Tuesday, February 13th. They issued 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 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 target price for the company. 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 for the company. 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 for the company. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $15.88.
NYSE:ADT opened at $8.75 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.51 and a debt-to-equity ratio of 2.95. The company has a market capitalization of $6,598.23 and a PE ratio of -25.00. ADT has a 1-year low of $7.36 and a 1-year high of $13.02.
ADT (NYSE:ADT) last released its earnings results on Thursday, March 15th. The security and automation business reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.20). The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period last year, the firm posted ($0.07) EPS. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. research analysts anticipate that ADT will post 0.92 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, April 5th. Investors of record on Monday, March 26th were issued a $0.035 dividend. The ex-dividend date of this dividend was Friday, March 23rd. This represents a $0.14 dividend on an annualized basis and a yield of 1.60%. ADT’s payout ratio is -40.00%.
COPYRIGHT VIOLATION NOTICE: This piece of content was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/04/08/adt-sees-unusually-large-options-volume-adt.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.