ADT Inc. [ADT] Revenue clocked in at $5.84 billion, down -5.11% YTD: What’s Next?
ADT Inc. [NYSE: ADT] A loss of -0.87% in the last trading session, to $7.98 per share price at that time. Company report on September 8, 2022 appointed by Jim DeVries to the ABM Board of Directors.
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Jim DeVries, President and CEO of ADT, has joined the Board of Directors of ABM, the leading provider of integrated utility services and solutions. Announced yesterday by ABM, Jim’s appointment to the Board of Directors brings the profound experience of organizational leadership in adjacent service industries that he has gained throughout his career.
ABM is one of the world’s largest integrated utility service providers serving a wide range of industries, with annual revenues in excess of $7 billion.
ADT Inc. 902.99 million shares traded, while the company’s total market capitalization is $7.31 billion with the latest information. ADT’s share price was found to be in the range of $7.88 to $8.16.
If compared to the average trading volume of 2.30 million shares, ADT reached a trading volume of 3,811,259 on the last trading day, which is why market watchers consider the stock to be active.
Here’s what top stock market experts have to say about ADT Inc. [ADT]:
Based on careful and fact-backed analysis by Wall Street experts, the current consensus on ADT’s stock price target is $10.25 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus for ADT stock is a set recommendation at 2.70. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.
RBC Capital Mkts has made an estimate for the shares of ADT Inc. , retaining their opinion on the stock as the sector’s performance, with their previous recommendation back on January 6, 2022. While these analysts held the previous recommendation, Citigroup raised its target price to buy. The new note about price target was released on January 5, 2022, which is the official target price for ADT Inc.’s stock. Previously, the target price had taken another boost to $12, while RBC Capital Mkts analysts maintained the Outperform rating on ADT stock. On March 11, 2021, analysts raised their target price for ADT shares from 8 to 10.
The Average True Range (ATR) is set by ADT Inc. at 0.27, with the price-to-sales ratio for ADT stock in the last 12-month period coming to 1.25. The price-to-book ratio for the last quarter was 2.13, with the price-to-cash ratio for the stock in the same quarter set at 0.05. ADT’s free cash flow rate for the past 12 months was 5.25 with a Q4 quick ratio of 0.30.
ADT stock trading performance analysis
ADT Inc. [ADT] It fell into the red at the end of last week, fell in a negative direction and fell by -2.80. With this latest performance, ADT shares are up 3.77% over the past four-week period, as well as up 7.69% over the past six months — not to mention a -0.50% drop in the last year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for ADT stock for the past two weeks was set at 50.82, with the RSI for the last one trading at 46.61, and the three-week RSI for ADT Inc. [ADT]. The current moving average for the last 50 trading days of this stock is 7.69, while it was recorded at 8.08 for the last trading week, and 7.45 for the last 200 days.
ADT Inc. [ADT]A deeper look at fundamental analysis
ADT Inc.’s liquidity data is Interesting too, with the quick ratio at 0.30 and the current ratio at 0.50.
ADT Inc. [ADT]Earnings per share (EPS) analysis
The company’s progress can be seen through the prism of the EPS growth rate, while Wall Street analysts focus on a 5-year EPS growth forecast for ADT. When it comes to the stated value, analysts expect ADT Inc’s 5-year EPS growth rate to rise. to -11.67%.
Insider Ownership Analysis of ADT Inc. [ADT]
There are currently approximately $6,238 million, or 91.60% of ADT’s stock, in the hands of institutional investors. The three largest ADT corporate owners are: APOLLO MANAGEMENT HOLDINGS, LP with 608,927,824 ownership, which is approximately 0% of the company’s market capitalization and approximately 0.90% of the total corporate ownership; MGG INVESTMENT GROUP LP, owns 25,479,000 shares of stock with an approximate value of $203.32 million in ADT stock; and VANGUARD GROUP INC, which currently holds $162.7 million in ADT stock with ownership of approximately 9.727% of the company’s market capitalization.
Positions in ADT Inc shares increased. held by institutional investors at the end of August and at the time of the August report, as 121 institutional owners consolidated their position in ADT Inc. [NYSE:ADT] About 19,316,391 shares. In addition, 85 investors decreased their positions by 11,331,530 shares, while 28 investors held positions with 751,036,389 shares. The said changes put institutional holdings at 781,684,310 shares, according to the latest report from the Securities and Exchange Commission. Abu Dhabi Trading’s share included 47 new institutional investments, with a total of 3,219,976 shares, while 29 institutional investors sold deals amounting to 1,796,191 shares during the same period.