ADT (NYSE:ADT) Hits New 52-Week Low – Here’s What Happened

ADT Inc. (NYSE:ADTGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $6.65 and last traded at $6.9650, with a volume of 2865031 shares. The stock had previously closed at $8.02.

ADT News Summary

Here are the key news stories impacting ADT this week:

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ADT shares. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Morgan Stanley lowered their price objective on shares of ADT from $9.50 to $9.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of ADT in a research note on Monday, December 29th. Finally, Wall Street Zen lowered shares of ADT from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. One investment analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, ADT presently has an average rating of “Hold” and a consensus target price of $9.25.

Get Our Latest Research Report on ADT

ADT Price Performance

The company has a market capitalization of $5.86 billion, a price-to-earnings ratio of 10.40 and a beta of 0.98. The business has a 50 day moving average price of $8.03 and a 200-day moving average price of $8.31. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.54 and a current ratio of 0.67.

ADT (NYSE:ADTGet Free Report) last issued its earnings results on Monday, March 2nd. The security and automation business reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.03. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $1.30 billion. ADT had a return on equity of 18.96% and a net margin of 12.52%.The firm’s revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.20 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Research analysts predict that ADT Inc. will post 0.7 EPS for the current fiscal year.

Institutional Trading of ADT

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. purchased a new position in shares of ADT during the third quarter valued at about $25,000. Los Angeles Capital Management LLC purchased a new position in shares of ADT in the fourth quarter worth $28,000. Quent Capital LLC purchased a new position in shares of ADT in the 3rd quarter worth $28,000. IFP Advisors Inc lifted its stake in shares of ADT by 1,759.1% in the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock worth $35,000 after purchasing an additional 3,782 shares during the period. Finally, WPG Advisers LLC increased its holdings in ADT by 54.3% during the third quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock valued at $36,000 after buying an additional 1,440 shares during the last quarter. Institutional investors own 87.22% of the company’s stock.

ADT Company Profile

(Get Free Report)

ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.

Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.

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