ADTRAN Inc. [ADTN] has traded in a range of $4.80 to $13.25 in the last 1 year. As of this writing, the stock is at $14.26, up 11.80%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, ADTN shares are 14.08% up with the monthly amount drift of 27.66% and seems well in a long time frame.
On 1, December 2020, ADTRAN Expands High-Performance Router Options for Fiber-Connected Enterprise Access Networks. According to news published on Yahoo Finance, Improved speed, capacity and price performance in NetVanta solutions better support competitive managed business service bundles.
Analyst Birdseye View:
The most recent analyst activity for ADTRAN Inc. [NASDAQ:ADTN] stock was on April 17, 2020, when it was Upgrade with a Buy rating from Goldman, which also raised its 12-month price target on the stock to $13. Before that, on November 04, 2020, Jefferies Recapitulated a Buy rating and elevated its amount target to $16.50. On March 27, 2020, MKM Partners Upgrade a Buy rating. On March 26, 2020, Northland Capital Upgrade an Outperform rating. On October 10, 2019, MKM Partners Downgrade a Neutral rating and decreased its price target to $11. On January 29, 2019, Needham Downgrade a Hold rating. On October 18, 2018, Needham Reiterated a Buy rating and decreased its target amount on this stock from $18 to $17.
In the past 52 weeks of trading, this stock has oscillated between a low of $4.80 and a peak of $13.25. Right now, the middling Wall Street analyst 12-month amount mark is $15.00. At the most recent market close, shares of ADTRAN Inc. [NASDAQ:ADTN] were valued at $14.26. According to the average price forecast, investors can expect a potential return of -0.67%.
ADTRAN Inc. [NASDAQ:ADTN] most recently reported quarterly sales of 133.14 billion, which represented growth of 16.70%. This publicly-traded organization’s revenue is $296,123 per employee, while its income is -$29,599 per employee. This company’s Gross Margin is currently 43.00%, its Operating Margin is -4.20%, its Pretax Margin is -4.67, and its Net Margin is -10.00. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -9.03, -12.82, -7.07 and -12.36 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 8.00 and the whole liability to whole assets at 6.07. It shows enduring liability to the whole principal at 1.41 and enduring liability to assets at 0.01 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 13.09 points at 1st support level, the second support level is making up to 11.91. But as of 1st resistance point, this stock is sitting at 15.01 and at 15.75 for 2nd resistance point.
ADTRAN Inc. [ADTN] reported its earnings at $0.16 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.07/share signifying the difference of 0.09 and 128.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.04 calling estimates for $0.01/share with the difference of 0.03 depicting the surprise of 300.00%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for ADTRAN Inc. [NASDAQ:ADTN] is 3.10. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.95. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.89 and it’s amount to book ratio is 1.25.
The most recent insider trade was by LOCKE P STEVEN, VP Service Provider Sales, and it was the sale of 5750.0 shares on Oct 18. Whalen Daniel T, the Chief Product Officer, completed a purchase of 6500.0 shares on Feb 18. On Feb 14, Whalen Daniel T, Chief Product Officer, completed a purchase of 13500.0 shares.