ADT Inc. (NYSE:ADT) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• ADT Inc. has received an average analyst rating of "Moderate Buy", with a consensus target price of $9.34 determined by recent evaluations from six analysts.
• The company reported a quarterly EPS of $0.23, exceeding analyst expectations, along with a year-over-year revenue growth of 6.8%.
• ADT announced a quarterly dividend of $0.055 per share, equating to an annual yield of 2.6%, to be paid on October 2nd to shareholders of record as of September 11th.

Shares of ADT Inc. (NYSE:ADT - Get Free Report) have received an average recommendation of "Moderate Buy" from the six analysts that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $9.34.

Several equities research analysts have recently commented on the company. Wall Street Zen lowered ADT from a "strong-buy" rating to a "buy" rating in a research note on Sunday. Morgan Stanley lifted their price objective on ADT from $9.00 to $9.50 and gave the stock an "equal weight" rating in a research report on Monday, July 28th. Citigroup lifted their price objective on ADT from $9.00 to $10.00 and gave the stock a "buy" rating in a research report on Tuesday, August 26th. Finally, Zacks Research upgraded ADT to a "strong-buy" rating in a research report on Tuesday, August 12th.

ADT Price Performance

Shares of NYSE:ADT opened at $8.63 on Tuesday. The business's 50 day simple moving average is $8.55 and its 200-day simple moving average is $8.23. The firm has a market capitalization of $7.17 billion, a price-to-earnings ratio of 13.07 and a beta of 1.13. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.46 and a quick ratio of 0.37. ADT has a 12 month low of $6.68 and a 12 month high of $8.89.

ADT (NYSE:ADT - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The security and automation business reported $0.23 EPS for the quarter, topping the consensus estimate of $0.19 by $0.04. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.28 billion. ADT had a return on equity of 18.58% and a net margin of 12.30%.The company's quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.17 EPS. ADT has set its FY 2025 guidance at 0.810-0.890 EPS. As a group, equities analysts forecast that ADT will post 0.7 earnings per share for the current fiscal year.

ADT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Thursday, September 11th. ADT's payout ratio is currently 33.33%.

Insider Activity

In related news, major shareholder Apollo Management Holdings Gp, sold 71,000,000 shares of ADT stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $8.31, for a total transaction of $590,010,000.00. Following the completion of the transaction, the insider directly owned 112,650,366 shares in the company, valued at $936,124,541.46. The trade was a 38.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of ADT by 11.6% during the 1st quarter. Vanguard Group Inc. now owns 49,715,950 shares of the security and automation business's stock worth $404,688,000 after purchasing an additional 5,160,835 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in ADT by 21.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 26,077,931 shares of the security and automation business's stock valued at $212,264,000 after acquiring an additional 4,624,120 shares during the last quarter. Norges Bank acquired a new position in ADT in the 2nd quarter valued at $219,825,000. LSV Asset Management raised its holdings in ADT by 97.1% in the 2nd quarter. LSV Asset Management now owns 24,727,193 shares of the security and automation business's stock valued at $209,439,000 after acquiring an additional 12,182,009 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in ADT by 5.5% in the 2nd quarter. Alliancebernstein L.P. now owns 16,346,077 shares of the security and automation business's stock valued at $138,451,000 after acquiring an additional 853,767 shares during the last quarter. 87.22% of the stock is currently owned by institutional investors and hedge funds.

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.

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