ADT Corporation (NYSE:ADT) released its earnings data on Wednesday. The company reported $0.46 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.47 by $0.01, StockRatingsNetwork.com reports. The company had revenue of $777.00 million for the quarter, compared to the consensus estimate of $842.60 million.
Shares of ADT Corporation (NYSE:ADT) opened at 42.81 on Wednesday. ADT Corporation has a one year low of $38.09 and a one year high of $50.37. The stock’s 50-day moving average is $41.54 and its 200-day moving average is $41.27. The company has a market cap of $9.012 billion and a P/E ratio of 23.42. ADT Corporation also was the recipient of some unusual options trading on Tuesday. Investors bought 13,164 call options on the company. This is an increase of 582% compared to the average volume of 1,931 call options.
On a related note, analysts at Barclays cut their price target on shares of ADT Corporation from $44.00 to $43.00 in a research note to investors on Monday, October 7th. They now have an “equal weight” rating on the stock. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. ADT Corporation presently has a consensus rating of “Buy” and a consensus target price of $50.46.
The ADT Corporation (NYSE:ADT) is a provider of electronic security, interactive home and business automation and related monitoring services.
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