In yesterday’s Wall Street session, ADT Inc (NYSE:ADT) shares traded at $6.98, up 1.01% from the previous session.
ADT stock price is now 5.87% away from the 50-day moving average and 9.39% away from the 200-day moving average. The market capitalization of the company currently stands at $6.35B.
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, 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 $3.21 million. A total of 55.43% of the company’s stock is owned by insiders.
During the past 12 months, ADT Inc has had a low of $5.53 and a high of $7.60. As of last week, the company has a debt-to-equity ratio of 2.14, a current ratio of 0.71, and a quick ratio of 0.56.
The net profit margin was 12.80% and return on equity was 7.14% for ADT. The company reported revenue of $1.21 billion for the quarter, compared to $1.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.32 percent.
ADT Inc(ADT) Company Profile
ADT Inc. provides security, interactive, and smart home solutions to residential and small business customers in the United States. It operates through two segments, Consumer and Small Business, and Solar. The company provides burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems. It primarily offers security designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal medical emergencies, such as injuries or unanticipated falls. The company also provides automation and smart home solutions that allow customers to use their smart phones, smart phone application, or touchscreen panels in their homes to arm and disarm their security systems; record and view real-time video; and creates customized and automated schedules for connected devices; programs systems to react to defined events; integrates system with third-party connected devices, such as cameras, lights, thermostats, appliances, and garage doors, as well as offers monitoring and maintenance services. In addition, the company offers energy storage solutions, energy efficiency upgrades, and roofing services. It offers its products under the ADT, ADT Pulse, ADT+, and ADT Commercial brand names. The company was formerly known as Prime Security Services Parent, Inc. and changed its name to ADT Inc. in September 2017. ADT Inc. was founded in 1874 and is headquartered in Boca Raton, Florida.
