Media stories about ADTRAN (NASDAQ:ADTN) have trended positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ADTRAN earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave news articles about the communications equipment provider an impact score of 46.4647344889268 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
ADTN has been the subject of several recent research reports. BidaskClub cut ADTRAN from a “sell” rating to a “strong sell” rating in a research report on Friday, January 19th. MKM Partners reduced their price target on ADTRAN from $27.00 to $25.00 and set a “buy” rating for the company in a research report on Friday, December 29th. Northland Securities reiterated a “buy” rating and issued a $23.00 price target on shares of ADTRAN in a research report on Thursday, January 18th. Jefferies Group reiterated a “hold” rating and issued a $17.25 price target on shares of ADTRAN in a research report on Thursday, January 18th. Finally, Goldman Sachs Group raised ADTRAN from a “sell” rating to a “neutral” rating and set a $17.00 price objective for the company in a research note on Monday, January 15th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $21.41.
ADTRAN (ADTN) traded up $0.02 during trading hours on Monday, reaching $16.32. The company had a trading volume of 94,672 shares, compared to its average volume of 642,548. The company has a market capitalization of $789.31, a price-to-earnings ratio of 32.60, a price-to-earnings-growth ratio of 3.40 and a beta of 0.56. ADTRAN has a 12 month low of $15.25 and a 12 month high of $25.10. The company has a quick ratio of 2.72, a current ratio of 3.87 and a debt-to-equity ratio of 0.05.
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 14th. Shareholders of record on Wednesday, January 31st were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 2.21%. The ex-dividend date of this dividend was Tuesday, January 30th. ADTRAN’s dividend payout ratio (DPR) is currently 72.00%.
TRADEMARK VIOLATION NOTICE: “ADTRAN (ADTN) Earns Daily News Impact Rating of 0.29” was posted by BBNS and is the property of of BBNS. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://baseballnewssource.com/2018/03/12/adtran-adtn-earns-daily-news-impact-rating-of-0-29/2019020.html.
ADTRAN Company Profile
ADTRAN, Inc (ADTRAN) is a provider of networking and communications equipment. The Company’s solutions enable voice, data, video and Internet communications across a range of network infrastructures. It operates through two segments: Network Solutions and Services & Support. Network Solutions includes software and hardware products that enable CSPs and enterprise customers to realize a fully connected world.
Receive News & Ratings for ADTRAN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADTRAN and related companies with MarketBeat.com's FREE daily email newsletter.