ADT Inc (NYSE:ADT) shares, rose in value on Friday, March 15, with the stock price down by -0.37% to the previous day’s close as strong demand from buyers drove the stock to $6.74.
Actively observing the price movement in the recent trading, the stock is buoying the session at $6.77. The value of beta (5-year monthly) is 1.58 whereas the PE ratio is 14.63 over 12-month period. Referring to stock’s 52-week performance, its high was $7.60, and the low was $4.89. On the whole, ADT has fluctuated by -0.52% over the past month.
With the market capitalization of ADT Inc currently standing at about $6.12 billion, investors are eagerly awaiting this quarter’s results, scheduled for Apr 30, 2024 – May 06, 2024. The company’s Forward Dividend Ratio is 0.20, with its dividend yield at 2.89%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.11, which is expected to increase to $0.18 for fiscal year $0.58 and then to about $0.71 by fiscal year 2025. Data indicates that the EPS growth is expected to be 13.70% in 2025, while the next year’s EPS growth is forecast to be 22.40%.
Analysts have estimated the company’s revenue for the quarter at $1.19 billion, with a low estimate of $1.19 billion and a high estimate of $1.19 billion. According to the average forecast, sales growth in current quarter could jump down -26.10%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $4.93 billion, representing a decrease of -1.20% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that ADT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.75, with the price of ADT currently trading nearly -1.82% and 1.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.67, while the 7-day volatility ratio is showing 2.58% which for the 30-day chart, stands at 3.44%. Furthermore, ADT Inc (ADT)’s beta value is 1.59, and its average true range (ATR) is 0.25.
A comparison of ADT Inc (ADT) with its peers suggests the former has fared considerably weaker in the market. ADT showed an intraday change of -0.37% in today’s session so far, and over the past year, it shrunk by -2.81%%.
Data on historical trading for ADT Inc (NYSE:ADT) indicates that the trading volumes over the past 10 days have averaged 10.94 million and over the past 3 months, they’ve averaged 4.15 million. According to company’s latest data on outstanding shares, there are 867.43 million shares outstanding.
Nearly 58.62% of ADT Inc’s shares belong to company insiders and institutional investors own 34.30% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.65 million shares as on Feb 29, 2024, resulting in a short ratio of 3.5. According to the data, the short interest in ADT Inc (ADT) stood at 1.26% of shares outstanding as of Feb 29, 2024; the number of short shares registered in Jan 31, 2024 reached 9.94 million. The stock has fallen by -1.10% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ADT stock heading into the next quarter.
