ADT Inc (ADT) Shares Gain 0.89% Over Last Week

ADT Inc [ADT] stock prices are up 2.11% to $6.77 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ADT shares have gain 0.89% over the last week, with a monthly amount glided 2.11%, and seem to be holding up well over a long-time horizon.

On 6, March 2024, ADT Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase. In a post published today on Yahoo Finance, ADT Inc. (NYSE: ADT) (“ADT” or the “Company”) today announced the pricing of a secondary public offering of 65,000,000 shares of the Company’s common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholders”) at a price to the public of $6.50 per share. The offering is expected to close on March 11, 2024, subject to satisfaction of customary conditions.

From an analyst’s perspective:

On January 06, 2022, downgrade downgraded it’s rating to Sector Perform but maintained its price target of $10 on the stock. Deutsche Bank upgraded its rating to Buy for this stock on March 11, 2021, and upped its price target to $10. In a note dated March 02, 2021, Barclays downgraded an Underweight rating on this stock and revised its target price from $13 to $8.

The stock price of ADT Inc [ADT] has been fluctuating between $4.89 and $7.60 over the past year. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. ADT Inc [NYSE: ADT] shares were valued at $6.77 at the most recent close of the market. An investor can expect a potential return of 3.4% based on the average ADT price forecast.

Analyzing the ADT fundamentals

The ADT Inc [NYSE:ADT] reported sales of 5.66B for trailing twelve months, representing a drop of -25.71%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.14 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.06.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.62 points at the first support level, and at 6.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.85, and for the 2nd resistance point, it is at 6.93.

ADT Inc [ADT] reported earnings per share of $0.25 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.04/share, meaning a difference of $0.21 and a surprise factor of 525.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.08 per share as compared to estimates of $0.02 per share, a difference of $0.06 representing a surprise of 300.00%.

Ratios To Look Out For

It’s worth pointing out that ADT Inc [NYSE:ADT]’s Current Ratio is 0.68. As well, the Quick Ratio is 0.52, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 1.08, the price to book ratio is 1.65 and price to earnings (TTM) ratio is 14.69.

Transactions by insiders

Recent insider trading involved Thorsen Wayne, EVP, Chief Business Officer, that happened on Sep 06 ’23 when 5000.0 shares were purchased. Exec. Vice President, Solar, Haenggi Jamie Elizabeth completed a deal on May 05 ’23 to buy 100000.0 shares. Meanwhile, EVP, Chief Marketing Officer Jackson DeLu bought 8650.0 shares on May 05 ’23.