Northland Securities Estimates ADTRAN Q1 Earnings

Key Points

• Northland Securities forecasts ADTRAN Q1 2027 EPS of $0.01, followed by $0.04 in Q2, $0.09 in Q3 and $0.11 in Q4.
• In its latest reported quarter, ADTRAN earned $0.09 per share, beating the $0.04 consensus estimate, while revenue of $281.17 million fell short of forecasts of $285.15 million.
• Analyst sentiment is mixed: ADTRAN has a consensus Hold rating and $11.21 average price target, with recent price-target cuts from Needham and Rosenblatt.

ADTRAN Holdings, Inc. (NASDAQ:ADTN - Free Report) - Northland Securities issued their Q1 2027 EPS estimates for shares of ADTRAN in a research report issued to clients and investors on Wednesday, November 4th. Northland Securities analyst T. Savageaux anticipates that the communications equipment provider will post earnings per share of $0.01 for the quarter. The consensus estimate for ADTRAN's current full-year earnings is $0.16 per share. Northland Securities also issued estimates for ADTRAN's Q2 2027 earnings at $0.04 EPS, Q3 2027 earnings at $0.09 EPS and Q4 2027 earnings at $0.11 EPS.

Several other equities analysts have also commented on the company. Needham & Company LLC reduced their price objective on ADTRAN from $14.00 to $9.00 and set a "buy" rating on the stock in a research report on Tuesday, November 3rd. Weiss Ratings downgraded ADTRAN from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Wednesday, September 16th. Rosenblatt Securities lowered ADTRAN from a "buy" rating to a "neutral" rating and cut their target price for the stock from $15.00 to $6.25 in a research note on Tuesday, November 3rd. Craig Hallum set a $12.00 price target on shares of ADTRAN in a research report on Wednesday, August 5th. Finally, Wall Street Zen cut shares of ADTRAN from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $11.21.

ADTRAN Trading Up 6.2%

Shares of ADTN stock opened at $4.29 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 1.89 and a debt-to-equity ratio of 2.32. The business has a 50-day moving average price of $6.76 and a two-hundred day moving average price of $10.90. ADTRAN has a 12-month low of $3.92 and a 12-month high of $19.98. The firm has a market cap of $349.55 million, a P/E ratio of -16.50, a price-to-earnings-growth ratio of 2.90 and a beta of 1.53.

ADTRAN (NASDAQ:ADTN - Get Free Report) last announced its earnings results on Tuesday, November 3rd. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.05. The company had revenue of $281.17 million during the quarter, compared to analyst estimates of $285.15 million. ADTRAN had a negative net margin of 2.20% and a positive return on equity of 17.76%. The firm's quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.05 earnings per share.

Hedge Funds Weigh In On ADTRAN

Several institutional investors and hedge funds have recently bought and sold shares of ADTN. Integrated Wealth Concepts LLC bought a new stake in ADTRAN in the second quarter valued at approximately $27,000. Persistent Asset Partners Ltd bought a new position in shares of ADTRAN in the second quarter worth approximately $28,000. State of Alaska Department of Revenue increased its stake in shares of ADTRAN by 44.3% in the third quarter. State of Alaska Department of Revenue now owns 5,589 shares of the communications equipment provider's stock worth $38,000 after buying an additional 1,717 shares during the period. L2 Asset Management LLC purchased a new position in shares of ADTRAN in the second quarter worth $142,000. Finally, GTS Securities LLC purchased a new position in shares of ADTRAN in the second quarter worth $162,000. 80.56% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Thomas Stanton acquired 150,000 shares of ADTRAN stock in a transaction dated Friday, November 6th. The shares were purchased at an average cost of $4.01 per share, with a total value of $601,500.00. Following the completion of the purchase, the chief executive officer owned 1,410,890 shares of the company's stock, valued at $5,657,668.90. This represents a 11.90% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Timothy Santo acquired 17,820 shares of the firm's stock in a transaction dated Friday, November 6th. The stock was bought at an average price of $4.16 per share, for a total transaction of $74,131.20. Following the acquisition, the chief financial officer owned 77,744 shares of the company's stock, valued at approximately $323,415.04. This trade represents a 29.74% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.16% of the company's stock.

ADTRAN Company Profile

ADTRAN Holdings, Inc NASDAQ: ADTN is a global telecommunications equipment and networking company that provides communications infrastructure for service providers, enterprises and other organizations. The company develops solutions that help network operators deliver broadband, voice, data and cloud-connected services over fiber, copper, wireless and other access technologies.

Its portfolio includes fiber access systems, passive optical networking equipment, broadband access platforms, Ethernet and data networking products, routers, switches, Wi-Fi solutions, fixed wireless access equipment and software for network management and automation.

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