ADT Inc [ADT] Stock trading around $7.60 per share: What’s Next?

ADT Inc [NYSE: ADT] traded at a low on Wednesday, posting a 0.00 loss after which it closed the day’ session at $7.60.

The results of the trading session contributed to over 4712570 shares changing hands. Over the past one week, the price volatility of ADT Inc stands at 2.21% while the volatility over the past one month is 2.92%.

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The market cap for ADT stock reached $6.89 billion, with 867.43 million shares outstanding and 472.29 million shares in the current float. Compared to the average trading volume of 5.88M shares, ADT reached a trading volume of 4712570 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 $8.54 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 2.33. 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 0.21, with the Price to Sales ratio for ADT stock in the period of the last 12 months amounting to 1.41. The Price to Book ratio for the last quarter was 1.78, with the Price to Cash per share for the same quarter was set at 0.23. Price to Free Cash Flow for ADT in the course of the last twelve months was 6.24 with Quick ratio for the last quarter at 0.64.

How has ADT stock performed recently?

ADT Inc [ADT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.39. With this latest performance, ADT shares gained by 10.79% in over the last four-week period, additionally plugging by 5.41% over the last 6 months – not to mention a rise of 32.17% 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 55.98, with the RSI for the last a single of trading hit 56.15, and the three-weeks RSI is set at 55.17 for ADT Inc [ADT]. The present Moving Average for the last 50 days of trading for this stock 7.22, while it was recorded at 7.70 for the last single week of trading, and 7.07 for the last 200 days.

ADT Inc [ADT]: Deeper insight into the fundamentals

ADT Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.64 and a Current Ratio set at 0.81.

Earnings analysis for ADT Inc [ADT]

With the latest financial reports released by the company, ADT Inc posted 0.25/share EPS, while the average EPS was predicted by analysts to be reported at 0.04/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.21. 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]

There are presently around $97.89%, or 99.14%% 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%.