ADT Inc. (NYSE:ADT) Receives $9.38 Average Target Price from Analysts

ADT Inc. (NYSE:ADT) has earned a consensus rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $9.3750.

Several research analysts recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of ADT in a research note on Wednesday, October 8th. Zacks Research downgraded shares of ADT from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Morgan Stanley upped their price objective on shares of ADT from $9.00 to $9.50 and gave the stock an “equal weight” rating in a report on Monday, July 28th. Citigroup upped their price objective on shares of ADT from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Tuesday, August 26th. Finally, Wall Street Zen downgraded shares of ADT from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th.

ADT Stock Up 1.2%

Shares of NYSE ADT opened at $8.85 on Wednesday. The firm has a market cap of $7.35 billion, a PE ratio of 13.40 and a beta of 1.05. ADT has a 12-month low of $6.71 and a 12-month high of $8.94. The company’s fifty day simple moving average is $8.68 and its 200 day simple moving average is $8.46. The company has a quick ratio of 0.37, a current ratio of 0.46 and a debt-to-equity ratio of 1.84.

ADT (NYSE:ADT) last issued its earnings results on Friday, April 22nd. The security and automation business reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $1.31 billion for the quarter. ADT had a return on equity of 18.58% and a net margin of 12.30%. As a group, sell-side analysts forecast that ADT will post 0.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Osaic Holdings Inc. raised its holdings in ADT by 39.9% during the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after buying an additional 1,240 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of ADT by 69.5% in the second quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock valued at $27,000 after purchasing an additional 1,329 shares during the last quarter. WPG Advisers LLC raised its holdings in shares of ADT by 54.3% in the third quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock valued at $36,000 after purchasing an additional 1,440 shares during the last quarter. Forum Financial Management LP raised its holdings in shares of ADT by 5.2% in the first quarter. Forum Financial Management LP now owns 29,446 shares of the security and automation business’s stock valued at $240,000 after purchasing an additional 1,445 shares during the last quarter. Finally, Poinciana Advisors Group LLC raised its holdings in shares of ADT by 9.1% in the second quarter. Poinciana Advisors Group LLC now owns 17,544 shares of the security and automation business’s stock valued at $149,000 after purchasing an additional 1,470 shares during the last quarter. Institutional investors and hedge funds own 87.22% of the company’s stock.

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.