ADT Inc. (NYSE:ADT – Get Free Report) saw unusually large options trading on Tuesday. Traders purchased 2,612 call options on the stock. This represents an increase of 696% compared to the typical daily volume of 328 call options.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada lowered their price objective on ADT from $10.00 to $8.00 and set a “sector perform” rating on the stock in a report on Friday, August 2nd.
Institutional Inflows and Outflows
ADT Price Performance
Shares of ADT stock traded up $0.02 on Tuesday, hitting $6.97. 255,861 shares of the company were exchanged, compared to its average volume of 4,892,617. The stock has a market capitalization of $6.43 billion, a price-to-earnings ratio of 9.93 and a beta of 1.53. The company has a 50-day moving average price of $7.18 and a 200 day moving average price of $7.14. ADT has a 1-year low of $5.53 and a 1-year high of $7.92. The company has a quick ratio of 0.59, a current ratio of 0.75 and a debt-to-equity ratio of 1.98.
ADT (NYSE:ADT – Get Free Report) last issued its earnings results on Thursday, August 1st. The security and automation business reported $0.17 earnings per share for the quarter, hitting the consensus estimate of $0.17. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.21 billion. ADT had a return on equity of 15.45% and a net margin of 13.83%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.15 EPS. As a group, sell-side analysts predict that ADT will post 0.62 earnings per share for the current fiscal year.
ADT Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 13th were issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend was Friday, September 13th. ADT’s dividend payout ratio is currently 31.43%.
About ADT
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.
Read More
- Five stocks we like better than ADT
- Investing in the High PE Growth Stocks
- Gitlab’s Future Looks Bright – Here’s Why It’s Just the Beginning
- 3 Small Caps With Big Return Potential
- These 2 Auto Stocks Are Profiting as Used Cars and Parts Thrive
- 5 discounted opportunities for dividend growth investors
- Is CoStar Group Stock a Buy Before Earnings? Analysts Think So
Receive News & Ratings for ADT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADT and related companies with MarketBeat.com's FREE daily email newsletter.