ADT Inc [NYSE: ADT] traded at a high on 11/02/23, posting a 16.49 gain after which it closed the day’ session at $6.50. The company report on November 2, 2023 at 6:55 AM that ADT Reports Third Quarter 2023 Results.
Significant balance sheet improvement driven by divestiture of commercial business.
Record high CSB recurring monthly revenue balance driven by strong retention.
The results of the trading session contributed to over 6030549 shares changing hands. Over the past one week, the price volatility of ADT Inc stands at 6.08% while the volatility over the past one month is 3.95%.
The market cap for ADT stock reached $5.99 billion, with 862.10 million shares outstanding and 317.06 million shares in the current float. Compared to the average trading volume of 2.22M shares, ADT reached a trading volume of 6030549 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about ADT Inc [ADT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ADT shares is $9.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ADT stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for ADT Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 01, 2022.
The Average True Range (ATR) for ADT Inc is set at 0.26, with the Price to Sales ratio for ADT stock in the period of the last 12 months amounting to 0.93. The Price to Book ratio for the last quarter was 1.80, with the Price to Cash per share for the same quarter was set at 0.28. Price to Free Cash Flow for ADT in the course of the last twelve months was 5.93 with Quick ratio for the last quarter at 0.51.
How has ADT stock performed recently?
ADT Inc [ADT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.30. With this latest performance, ADT shares gained by 4.50% in over the last four-week period, additionally plugging by 26.71% over the last 6 months – not to mention a drop of -23.08% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ADT stock in for the last two-week period is set at 60.30, with the RSI for the last a single of trading hit 65.39, and the three-weeks RSI is set at 57.38 for ADT Inc [ADT]. The present Moving Average for the last 50 days of trading for this stock 6.12, while it was recorded at 5.82 for the last single week of trading, and 6.66 for the last 200 days.
ADT Inc [ADT]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and ADT Inc [ADT] shares currently have an operating margin of +11.44 and a Gross Margin at +39.07. ADT Inc’s Net Margin is presently recorded at +2.70.
Return on Total Capital for ADT is now 5.53, given the latest momentum, and Return on Invested Capital for the company is 1.36. Return on Equity for this stock inclined to 5.17, with Return on Assets sitting at 0.99. When it comes to the capital structure of this company, ADT Inc [ADT] has a Total Debt to Total Equity ratio set at 290.53. Additionally, ADT Total Debt to Total Capital is recorded at 74.39, with Total Debt to Total Assets ending up at 55.81. Long-Term Debt to Equity for the company is recorded at 264.29, with the Long-Term Debt to Total Capital now at 67.68.
Reflecting on the efficiency of the workforce at the company, ADT Inc [ADT] managed to generate an average of $7,846 per employee. Receivables Turnover for the company is 10.20 with a Total Asset Turnover recorded at a value of 0.37.ADT Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.51 and a Current Ratio set at 0.67.
Earnings analysis for ADT Inc [ADT]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ADT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ADT Inc go to 3.90%.
Insider trade positions for ADT Inc [ADT]
The top three institutional holders of ADT stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in ADT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in ADT stock with ownership which is approximately 5.7994%.
