ADTRAN Company Profile (NASDAQ:ADTN)

About ADTRAN (NASDAQ:ADTN)

ADTRAN logoADTRAN, Inc. (ADTRAN) is a provider of networking and communications equipment. The Company's solutions enable voice, data, video and Internet communications across a range of network infrastructures. It operates through two segments: Network Solutions and Services & Support. Network Solutions includes software and hardware products that enable CSPs and enterprise customers to realize a fully connected world. It provides a full-range of network implementation, maintenance and managed services. Its solutions include Access & Aggregation, Customer Devices, and Traditional & Other Products. Its Access & Aggregation solutions are used by communications service providers (CSPs) to connect their network infrastructure to their subscribers. The portfolio of ADTRAN solutions within Access & Aggregation category includes a range of modular or fixed physical form factors designed to deliver the technology and economic fit based on the target subscriber density and environmental conditions.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communications & Networking - NEC
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:ADTN
  • CUSIP: 00738A10
  • Web: www.adtran.com
Capitalization:
  • Market Cap: $961.64 million
  • Outstanding Shares: 48,323,000
Average Prices:
  • 50 Day Moving Avg: $20.09
  • 200 Day Moving Avg: $21.11
  • 52 Week Range: $17.06 - $23.75
P/E:
  • Trailing P/E Ratio: 26.32
  • Foreward P/E Ratio: 24.39
  • P/E Growth: 12.66
Sales & Book Value:
  • Annual Revenue: $664.86 million
  • Price / Sales: 1.45
  • Book Value: $9.98 per share
  • Price / Book: 2.00
Dividend:
  • Annual Dividend: $0.36
  • Dividend Yield: 1.8%
Profitability:
  • EBIDTA: $51.63 million
  • Net Margins: 5.55%
  • Return on Equity: 7.92%
  • Return on Assets: 5.77%
Debt:
  • Debt-to-Equity Ratio: 0.06%
  • Current Ratio: 2.91%
  • Quick Ratio: 1.99%
Misc:
  • Average Volume: 342,116 shs.
  • Beta: 0.64
  • Short Ratio: 2.22
 

Frequently Asked Questions for ADTRAN (NASDAQ:ADTN)

What is ADTRAN's stock symbol?

ADTRAN trades on the NASDAQ under the ticker symbol "ADTN."

How often does ADTRAN pay dividends? What is the dividend yield for ADTRAN?

ADTRAN declared a quarterly dividend on Tuesday, April 18th. Investors of record on Thursday, May 4th will be paid a dividend of $0.09 per share on Thursday, May 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Tuesday, May 2nd. View ADTRAN's Dividend History.

How were ADTRAN's earnings last quarter?

ADTRAN, Inc. (NASDAQ:ADTN) released its quarterly earnings data on Tuesday, April, 18th. The company reported $0.18 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.12 by $0.06. The company had revenue of $170.28 million for the quarter, compared to analyst estimates of $167.87 million. ADTRAN had a return on equity of 7.92% and a net margin of 5.55%. During the same period last year, the business earned $0.10 EPS. View ADTRAN's Earnings History.

When will ADTRAN make its next earnings announcement?

ADTRAN is scheduled to release their next quarterly earnings announcement on Monday, July, 10th 2017. View Earnings Estimates for ADTRAN.

Where is ADTRAN's stock going? Where will ADTRAN's stock price be in 2017?

5 analysts have issued twelve-month target prices for ADTRAN's stock. Their predictions range from $20.00 to $26.50. On average, they anticipate ADTRAN's share price to reach $23.20 in the next year. View Analyst Ratings for ADTRAN.

What are analysts saying about ADTRAN stock?

Here are some recent quotes from research analysts about ADTRAN stock:

  • 1. According to Zacks Investment Research, "Even though ADTRAN shares have underperformed the broader industry over the past six months, the company reported better-than-expected earnings per share and revenues in the fourth quarter of 2016. The company’s impressive performance can be attributed to robust growth in its international segment and its Services business. ADTRAN continues to impress with its lucrative product offering and solutions which are some of the best in the industry. The company recently announced that it has acquired fiber access products, technologies and services from CommScope Inc's subsidiaries which will add value to the company's solutions and services for the cable MSO industry. Although the company could face regulatory issues and competition pressure, roll-out of new products such as ProCloud Subscription Services and Suite of tools should further strengthen the company's top-line." (3/21/2017)
  • 2. Jefferies Group LLC analysts commented, "We're still on the sidelines with respect to the stock. We believe that current valuations already build in an appropriate view of the improving business trends at ADTRAN." (1/19/2017)

Are investors shorting ADTRAN?

ADTRAN saw a decrease in short interest in the month of June. As of June 15th, there was short interest totalling 620,082 shares, a decrease of 23.6% from the May 31st total of 811,487 shares. Based on an average trading volume of 223,296 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.3% of the company's stock are sold short.

Who are some of ADTRAN's key competitors?

Who are ADTRAN's key executives?

ADTRAN's management team includes the folowing people:

  • Thomas R. Stanton, Chairman of the Board, Chief Executive Officer
  • Roger D. Shannon, Chief Financial Officer, Senior Vice President - Finance, Treasurer, Corporate Secretary
  • Charles E. Marsh, Senior Vice President - Global Sales
  • Michael K. Foliano, Senior Vice President - Global Operations
  • Kevin P. Heering, Senior Vice President - Quality and Administration
  • Raymond R. Schansman, Senior Vice President - Global Services and Support
  • Eduard Scheiterer, Senior Vice President - Engineering and Development
  • James Denson Wilson Jr., Senior Vice President - Technology and Strategy
  • Gregory James McCray, Director
  • Anthony J. Melone, Director

Who owns ADTRAN stock?

ADTRAN's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.00%), Vanguard Group Inc. (0.00%), Victory Capital Management Inc. (0.00%), Dimensional Fund Advisors LP (0.00%), Van Berkom & Associates Inc. (4.15%) and Deprince Race & Zollo Inc. (0.00%). View Institutional Ownership Trends for ADTRAN.

Who sold ADTRAN stock? Who is selling ADTRAN stock?

ADTRAN's stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Russell Investments Group Ltd., Monarch Partners Asset Management LLC, Heartland Advisors Inc., Great Lakes Advisors LLC, Canada Pension Plan Investment Board, Parametric Portfolio Associates LLC and Spark Investment Management LLC. View Insider Buying and Selling for ADTRAN.

Who bought ADTRAN stock? Who is buying ADTRAN stock?

ADTRAN's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., Vanguard Group Inc., Dimensional Fund Advisors LP, FIL Ltd, Renaissance Technologies LLC, State Street Corp and Nationwide Fund Advisors. View Insider Buying and Selling for ADTRAN.

How do I buy ADTRAN stock?

Shares of ADTRAN can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ADTRAN's stock price today?

One share of ADTRAN stock can currently be purchased for approximately $20.00.


MarketBeat Community Rating for ADTRAN (NASDAQ ADTN)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  343 (Vote Underperform)
Total Votes:  524
MarketBeat's community ratings are surveys of what our community members think about ADTRAN and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for ADTRAN (NASDAQ:ADTN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $23.20 (16.00% upside)

Analysts' Ratings History for ADTRAN (NASDAQ:ADTN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/24/2017MKM PartnersReiterated RatingBuy$27.50 -> $26.50LowView Rating Details
4/20/2017ArgusUpgradeHold -> Buy$25.00LowView Rating Details
4/20/2017Needham & Company LLCLower Price TargetBuy -> Buy$25.00 -> $24.00LowView Rating Details
1/19/2017Jefferies Group LLCBoost Price TargetHold$17.50 -> $20.50N/AView Rating Details
10/31/2016Northland SecuritiesUpgradeMarket Perform -> Outperform$20.00N/AView Rating Details
4/18/2016Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$18.00 -> $17.00N/AView Rating Details
4/14/2016Stifel NicolausBoost Price TargetBuy$21.00 -> $25.00N/AView Rating Details
3/28/2016Cowen and CompanyBoost Price TargetUnderperform$18.00 -> $23.00N/AView Rating Details
1/15/2016Drexel HamiltonUpgradeHold -> Buy$22.00N/AView Rating Details
12/17/2015J P Morgan Chase & CoUpgradeNeutral -> Overweight$22.50N/AView Rating Details
(Data available from 6/27/2015 forward)

Earnings

Earnings History for ADTRAN (NASDAQ:ADTN)
Earnings by Quarter for ADTRAN (NASDAQ:ADTN)
Earnings History by Quarter for ADTRAN (NASDAQ ADTN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/10/2017        
4/18/20173/31/2017$0.12$0.18$167.87 million$170.28 millionViewN/AView Earnings Details
1/17/2017Q416$0.11$0.21$152.03 million$162.99 millionViewListenView Earnings Details
10/18/2016Q316$0.21$0.26$162.41 million$168.89 millionViewListenView Earnings Details
10/13/2015Q315$0.14$0.16$160.66 million$158.08 millionViewListenView Earnings Details
7/14/2015Q215$0.07$0.08$157.77 million$160.14 millionViewListenView Earnings Details
4/21/2015Q115$0.08$0.07$149.96 million$142.84 millionViewListenView Earnings Details
1/20/2015Q414$0.07$0.15$141.62 million$143.98 millionViewN/AView Earnings Details
10/14/2014Q314$0.20$0.22$168.53 million$162.89 millionViewListenView Earnings Details
7/15/2014Q214$0.25$0.27$175.68 million$176.10 millionViewListenView Earnings Details
4/15/2014Q114$0.16$0.18$149.36 million$147.00 millionViewListenView Earnings Details
1/22/2014Q413$0.14$0.25$159.36 million$159.10 millionViewListenView Earnings Details
10/9/2013Q313$0.22$0.28$175.10 million$177.40 millionViewListenView Earnings Details
7/9/2013Q2 2013$0.16$0.17$154.16 million$162.23 millionViewListenView Earnings Details
1/15/2013Q4 2012$0.06$0.11$139.79 million$139.76 millionViewListenView Earnings Details
4/13/2011$0.46$0.52ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ADTRAN (NASDAQ:ADTN)
2017 EPS Consensus Estimate: $0.78
2018 EPS Consensus Estimate: $0.91
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.12$0.12$0.12
Q2 20171$0.24$0.24$0.24
Q3 20171$0.26$0.26$0.26
Q4 20171$0.16$0.16$0.16
Q1 20181$0.14$0.14$0.14
Q2 20181$0.30$0.30$0.30
Q3 20181$0.27$0.27$0.27
Q4 20181$0.20$0.20$0.20
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for ADTRAN (NASDAQ:ADTN)
Most Recent Dividend:5/18/2017
Annual Dividend:$0.36
Dividend Yield:1.80%
Payout Ratio:46.75% (Trailing 12 Months of Earnings)
51.43% (Based on This Year's Estimates)
43.90% (Based on Next Year's Estimates)
Dividend Payments by Quarter for ADTRAN (NASDAQ:ADTN)

Dividend History by Quarter for ADTRAN (NASDAQ ADTN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/18/2017quarterly$0.091.82%5/2/20175/4/20175/18/2017
1/17/2017quarterly$0.091.59%1/31/20172/2/20172/16/2017
10/18/2016quarterly$0.091.8%11/1/201611/3/201611/17/2016
7/12/2016quarterly$0.091.88%7/26/20167/28/20168/11/2016
4/12/2016quarterly$0.091.82%4/26/20164/28/20165/12/2016
1/19/2016quarterly$0.091.9%2/2/20162/4/20162/18/2016
10/13/2015quarterly$0.092.47%10/27/201510/29/201511/12/2015
7/14/2015quarterly$0.092.18%7/28/20157/30/20158/13/2015
4/21/2015quarterly$0.092.25%5/5/20155/7/20155/21/2015
1/20/2015quarterly$0.091.61%2/3/20152/5/20152/19/2015
10/14/2014quarterly$0.091.86%10/28/201410/30/201411/13/2014
7/15/2014quarterly$0.091.61%7/29/20147/31/20148/14/2014
4/15/2014quarterly$0.091.6%4/29/20145/1/20145/15/2014
1/22/2014quarterly$0.091.38%2/4/20142/6/20142/20/2014
10/8/2013quarterly$0.091.44%10/22/201310/24/201311/7/2013
7/9/2013quarterly$0.091.5%7/23/20137/25/20138/8/2013
4/9/2013quarterly$0.091.58%4/23/20134/25/20135/9/2013
1/15/2013quarterly$0.091.7%2/5/20132/7/20132/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ADTRAN (NASDAQ:ADTN)
Insider Ownership Percentage: 2.96%
Institutional Ownership Percentage: 91.94%
Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)
Institutional Ownership by Quarter for ADTRAN (NASDAQ:ADTN)
Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/28/2015Thomas R StantonCEOBuy31,200$16.05$500,760.00View SEC Filing  
4/24/2015James E MatthewsDirectorSell23,000$16.03$368,690.00View SEC Filing  
8/29/2014Kevin P HeeringSVPSell5,650$23.10$130,515.00View SEC Filing  
7/21/2014Robert A FredricksonVPSell2,577$22.07$56,874.39View SEC Filing  
7/16/2013Robert A FredricksonVPSell3,750$25.35$95,062.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for ADTRAN (NASDAQ:ADTN)
Latest Headlines for ADTRAN (NASDAQ:ADTN)
Source:
DateHeadline
americanbankingnews.com logoADTRAN, Inc. (ADTN) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - June 23 at 12:37 PM
finance.yahoo.com logoADTRAN, Inc. breached its 50 day moving average in a Bearish Manner : ADTN-US : June 22, 2017
finance.yahoo.com - June 22 at 12:41 PM
americanbankingnews.com logoHead to Head Contrast: Westell Technologies (WSTL) & ADTRAN (ADTN)
www.americanbankingnews.com - June 6 at 2:07 PM
americanbankingnews.com logoNumerex Corp. (NMRX) versus ADTRAN (ADTN) Head-To-Head Survey
www.americanbankingnews.com - June 4 at 6:12 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Expected to Post Quarterly Sales of $183.05 Million
www.americanbankingnews.com - June 4 at 7:52 AM
americanbankingnews.com logo$0.22 Earnings Per Share Expected for ADTRAN, Inc. (ADTN) This Quarter
www.americanbankingnews.com - June 2 at 6:22 PM
finance.yahoo.com logoADTRAN, Inc. breached its 50 day moving average in a Bullish Manner : ADTN-US : June 2, 2017
finance.yahoo.com - June 2 at 4:13 PM
nasdaq.com logoAdtran Shares Cross Above 200 DMA
www.nasdaq.com - June 2 at 1:32 AM
finance.yahoo.com logoADTRAN RFoG Beats OBI Without Cabinets
finance.yahoo.com - May 30 at 10:06 AM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 29 at 12:47 PM
finance.yahoo.com logoADTRAN Wins 2017 Leading Lights Award for Most Innovative SDN/SD-WAN Product Strategy
finance.yahoo.com - May 17 at 12:40 PM
streetinsider.com logoADTRAN, Inc. (ADTN) Appoints Gregory McCray to the Board
www.streetinsider.com - May 11 at 3:33 PM
finance.yahoo.com logoADTRAN Appoints Gregory McCray, CEO of Access, to Board of Directors
finance.yahoo.com - May 11 at 3:33 PM
finance.yahoo.com logoADTRAN Advances Gigabit Society with Latest G.fast Innovations
finance.yahoo.com - May 10 at 9:32 AM
finance.yahoo.com logoETFs with exposure to ADTRAN, Inc. : May 9, 2017
finance.yahoo.com - May 9 at 8:22 PM
finance.yahoo.com logoADTRAN, Inc. to Present at the 45th Annual J.P. Morgan Global Technology, Media and Telecom Conference on May 24, 2017
finance.yahoo.com - May 9 at 8:22 PM
americanbankingnews.com logoZacks: Analysts Expect ADTRAN, Inc. (ADTN) Will Announce Earnings of $0.20 Per Share
www.americanbankingnews.com - May 9 at 8:22 AM
finance.yahoo.com logoADTRAN, Inc. :ADTN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 3:19 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 2 at 11:56 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Extremely Likely to Affect ADTRAN (ADTN) Share Price
www.americanbankingnews.com - May 2 at 10:10 AM
americanbankingnews.com logoADTRAN (ADTN) Receiving Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 29 at 10:20 AM
finance.yahoo.com logoAdtran Stock Trades Ex-Dividend Tuesday
finance.yahoo.com - April 27 at 3:38 PM
americanbankingnews.com logoADTRAN (ADTN) Receives Media Impact Score of 0.02
www.americanbankingnews.com - April 26 at 12:50 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Receives Buy Rating from MKM Partners
www.americanbankingnews.com - April 24 at 8:25 PM
americanbankingnews.com logoSomewhat Critical Media Coverage Very Likely to Impact ADTRAN (ADTN) Stock Price
www.americanbankingnews.com - April 23 at 7:44 AM
americanbankingnews.com logoQ2 2017 Earnings Forecast for ADTRAN, Inc. Issued By Jefferies Group (ADTN)
www.americanbankingnews.com - April 21 at 10:35 AM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Stock Rating Upgraded by Argus
www.americanbankingnews.com - April 20 at 4:50 PM
americanbankingnews.com logo$182.75 Million in Sales Expected for ADTRAN, Inc. (ADTN) This Quarter
www.americanbankingnews.com - April 20 at 1:49 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Issues Earnings Results
www.americanbankingnews.com - April 20 at 12:06 PM
americanbankingnews.com logoADTRAN (ADTN) Earning Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - April 20 at 10:43 AM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Price Target Cut to $24.00 by Analysts at Needham & Company LLC
www.americanbankingnews.com - April 20 at 8:57 AM
finance.yahoo.com logoEdited Transcript of ADTN earnings conference call or presentation 19-Apr-17 2:30pm GMT
finance.yahoo.com - April 20 at 1:21 AM
finance.yahoo.com logoADTRAN, Inc. Reports Record Results for the First Quarter 2017 and Declares Quarterly Cash Dividend
finance.yahoo.com - April 19 at 3:19 PM
nasdaq.com logoADTRAN Q1 Profit Rises
www.nasdaq.com - April 19 at 5:58 AM
marketbeat.com logoAdtran beats Street 1Q forecasts
marketbeat.com - April 19 at 5:04 AM
americanbankingnews.com logoADTRAN, Inc. (ADTN) to Issue Quarterly Dividend of $0.09
www.americanbankingnews.com - April 18 at 10:16 PM
americanbankingnews.com logoZacks: Brokerages Anticipate ADTRAN, Inc. (ADTN) to Post $0.13 EPS
www.americanbankingnews.com - April 18 at 1:25 PM
americanbankingnews.com logoADTRAN (ADTN) Receives Coverage Optimism Rating of 0.24
www.americanbankingnews.com - April 17 at 10:10 AM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - April 16 at 7:00 AM
americanbankingnews.com logoADTRAN (ADTN) Receiving Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 13 at 8:50 AM
finance.yahoo.com logoADTRAN Expands ProCloud Subscription Services Suite, Increasing Business Revenue Opportunities
finance.yahoo.com - April 10 at 3:19 PM
finance.yahoo.com logoADTRAN Delivers Vocus a Business Service Platform for the Future
finance.yahoo.com - April 10 at 3:19 PM
finance.yahoo.com logoADTRAN’s Ryan Loy Named to Computerworld’s Premier 100 Technology Leaders
finance.yahoo.com - April 7 at 6:32 AM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Sees Significant Drop in Short Interest
www.americanbankingnews.com - April 6 at 1:28 PM
finance.yahoo.com logoADTRAN and AT&T Team Up to Host ITU-T Q4/15 with a Focus to Accelerate G.fast Features and Capabilities
finance.yahoo.com - April 3 at 3:29 PM
finance.yahoo.com logoADTRAN, Inc. to Release First Quarter Earnings on April 18, 2017
finance.yahoo.com - March 30 at 3:44 PM
thestreet.com logoBroadband Forum Recognizes ADTRAN's SD-Access Leadership And Industry Contributions
www.thestreet.com - March 28 at 8:20 PM
finance.yahoo.com logoBroadband Forum Recognizes ADTRAN’s SD-Access Leadership and Industry Contributions
finance.yahoo.com - March 28 at 3:20 PM
americanbankingnews.com logoADTRAN, Inc. (ADTN) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - March 21 at 10:00 PM
finance.yahoo.com logoJabil Circuit (JBL) Q2 Earnings & Revenues Beat Estimates
finance.yahoo.com - March 16 at 4:51 PM

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Chart

ADTRAN (ADTN) Chart for Tuesday, June, 27, 2017

This page was last updated on 6/27/2017 by MarketBeat.com Staff