ADT Inc [ADT] stock Resumed by Citigroup analyst, price target now $11

ADT Inc [NYSE: ADT] loss -2.13% on the last trading session, reaching $6.90 price per share at the time.

If compared to the average trading volume of 5.01M shares, ADT reached a trading volume of 3789900 in the most recent trading day, which is why market watchdogs consider the stock to be active.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Here is what top equities market gurus are saying 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 $9.04 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 2.67. 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. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Equal-Weight. The new note on the price target was released on October 31, 2022, representing the official price target for ADT Inc stock. Previously, the target price had yet another raise to $10, while RBC Capital Mkts analysts kept a Sector Perform rating on ADT stock.

The Average True Range (ATR) for ADT Inc is set at 0.18, with the Price to Sales ratio for ADT stock in the period of the last 12 months amounting to 1.29. The Price to Book ratio for the last quarter was 1.65, with the Price to Cash per share for the same quarter was set at 0.16. Price to Free Cash Flow for ADT in the course of the last twelve months was 6.19 with Quick ratio for the last quarter at 0.59.

Trading performance analysis for ADT stock

ADT Inc [ADT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.77. With this latest performance, ADT shares dropped by -3.77% in over the last four-week period, additionally plugging by 4.55% over the last 6 months – not to mention a rise of 18.15% 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 35.48, with the RSI for the last a single of trading hit 29.87, and the three-weeks RSI is set at 39.30 for ADT Inc [ADT]. The present Moving Average for the last 50 days of trading for this stock 7.37, while it was recorded at 7.05 for the last single week of trading, and 6.89 for the last 200 days.

ADT Inc [ADT]: A deeper dive into fundamental analysis

ADT Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.59 and a Current Ratio set at 0.75.

ADT Inc [ADT]: An earnings per share (EPS) analysis

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%.

An analysis of Institutional ownership at ADT Inc [ADT]

There are presently around $96.09%, or 97.31%% of ADT stock, in the hands of institutional investors. The top three institutional holders of ADT stocks are: APOLLO MANAGEMENT HOLDINGS, L.P. with ownership of 423.55 million shares, which is approximately 46.5114%. STATE FARM MUTUAL AUTOMOBILE INSURANCE CO, holding 133.33 million shares of the stock with an approximate value of $$1.01 billion in ADT stocks shares; and STATE FARM MUTUAL AUTOMOBILE INSURANCE CO, currently with $$281.19 million in ADT stock with ownership which is approximately 4.063%.