ADT Inc (NYSE:ADT) shares traded 1.23% higher at $6.59 on Wall Street last session.
ADT stock price is now -0.90% away from the 50-day moving average and 4.21% away from the 200-day moving average. The market capitalization of the company currently stands at $5.98B.
, while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’
In other news, Thorsen Wayne, EVP, Chief Business Officer bought 5,000 shares of the company’s stock on Sep 06 ’23. The stock was bought for $30,400 at an average price of $6.08. Upon completion of the transaction, the EVP, Chief Business Officer now directly owns 459,761 shares in the company, valued at $3.03 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 05 ’23, Exec. Vice President, Solar Haenggi Jamie Elizabeth bought 100,000 shares of the business’s stock. A total of $579,000 was incurred on buying the stock at an average price of $5.79. This leaves the insider owning 1,443,641 shares of the company worth $9.51 million. A total of 58.62% of the company’s stock is owned by insiders.
During the past 12 months, ADT Inc has had a low of $4.89 and a high of $7.60. As of last week, the company has a debt-to-equity ratio of 2.10, a current ratio of 0.68, and a quick ratio of 0.52. According to the stock market information, the enterprise value for the company is $13.85B, which is based on a 14.30 price-to-earnings ratio, a 3.67 price-to-earnings-growth ratio, and a beta of 1.59. The fifty day moving average price for ADT is $6.65 and a two-hundred day moving average price translates $6.32 for the stock.
The latest earnings results from ADT Inc (NYSE: ADT) was released for Dec, 2023. According to the Security & Protection Services Company, earnings per share came in at $0.25, beating analysts’ expectations of $0.04 by 0.21. This compares to $0.02 EPS in the same period last year. The net profit margin was 8.18% and return on equity was 1.07% for ADT. The company reported revenue of $539.69 million for the quarter, compared to $732.76 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -26.35 percent. For the current quarter, analysts expect ADT to generate $1.19B in revenue.
