ADT Inc. provides security, automation, and smart home solutions to consumer and business customers in the United States. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers. The company primarily offers monitored security and automation solutions, including the installation and monitoring of security and premises automation systems designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal emergencies, such as injuries, medical emergencies, or incapacitation. It also provides interactive and smart home solutions that allow customers to use their smart phones, tablets, and laptops to arm and disarm their security systems, adjust lighting or thermostat levels, and view real-time video of their premises; and creates customized and automated schedules for managing lights, thermostats, appliances, garage doors, cameras, and other connected devices, as well as offers monitoring and maintenance services. The company offers its products under the ADT, ADT Pulse, Protection 1, ADT Commercial, and Blue by ADT names. It operates through a network of approximately 250 sales and service offices, as well as three regional distribution centers, which are supported by 17 multi-use sales, customer, and field support locations housing its nine UL-listed monitoring centers and four national sales centers. 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.
ADT Trading Down 0.7 %
NYSE:ADT opened at $7.96 on Friday. ADT has a 12 month low of $6.00 and a 12 month high of $10.39. The company has a 50-day moving average of $6.97 and a 200-day moving average of $7.21. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.50 and a quick ratio of 0.33. The company has a market cap of $7.26 billion, a P/E ratio of -199.00 and a beta of 2.01.
ADT (NYSE:ADT - Get Rating) last posted its quarterly earnings data on Thursday, August 4th. The security and automation business reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.12). ADT had a negative net margin of 0.39% and a negative return on equity of 2.18%. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same period in the prior year, the company earned ($0.07) EPS. The company's revenue was up 22.8% compared to the same quarter last year. As a group, equities analysts predict that ADT will post 0.1 earnings per share for the current year.
ADT Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 4th. Shareholders of record on Thursday, September 15th will be issued a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Wednesday, September 14th. ADT's dividend payout ratio is presently -350.00%.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley cut their price target on ADT from $8.00 to $7.00 and set an "equal weight" rating for the company in a report on Wednesday, July 20th.