At the time of writing, ADTRAN Holdings Inc [ADTN] stock is trading at $10.17, down -3.05%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ADTN shares have gain 16.90% over the last week, with a monthly amount glided 18.53%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ADTRAN Holdings Inc [NASDAQ: ADTN] stock has seen the most recent analyst activity on January 08, 2025, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $15. Previously, Rosenblatt upgraded its rating to Buy on November 08, 2024, and elevated its price target to $10. On May 08, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $7.50 on the stock. Argus downgraded its rating to a Hold. Rosenblatt downgraded its rating to a Neutral and reduced its price target to $7 on November 07, 2023. Northland Capital downgraded its rating to Market Perform for this stock on April 12, 2023, but kept the price target unchanged to $13. In a note dated September 26, 2022, Loop Capital upgraded an Buy rating on this stock and boosted its target price from $21 to $26.
For the past year, the stock price of ADTRAN Holdings Inc fluctuated between $4.34 and $10.71. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. ADTRAN Holdings Inc [NASDAQ: ADTN] shares were valued at $10.17 at the most recent close of the market. An investor can expect a potential drop of -1.67% based on the average ADTN price forecast.
Analyzing the ADTN fundamentals
According to ADTRAN Holdings Inc [NASDAQ:ADTN], the company’s sales were 905.35M for trailing twelve months, which represents an -16.39% plunge. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.5%, and Net Profit Margin reading is -0.57%. To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is -1.59 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
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 9.92 points at the first support level, and at 9.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.37, and for the 2nd resistance point, it is at 10.57.
Ratios To Look Out For
It is important to note that ADTRAN Holdings Inc [NASDAQ:ADTN] has a current ratio of 2.10. Further, the Quick Ratio stands at 1.17, while the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 0.89, the price to book ratio is 3.75.
