ADT Inc. (NYSE:ADT – Get Free Report) saw some unusual options trading activity on Tuesday. Traders bought 2,612 call options on the company. This is an increase of 696% compared to the average daily volume of 328 call options.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada reduced their price objective on shares of ADT from $10.00 to $8.00 and set a “sector perform” rating for the company in a research note on Friday, August 2nd.
Check Out Our Latest Research Report on ADT
Institutional Investors Weigh In On ADT
ADT Trading Down 0.5 %
Shares of ADT stock opened at $6.93 on Thursday. ADT has a 12 month low of $5.53 and a 12 month 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. The business’s 50 day moving average is $7.17 and its two-hundred day moving average is $7.15. The company has a market cap of $6.39 billion, a PE ratio of 9.89 and a beta of 1.53.
ADT (NYSE:ADT – Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The security and automation business reported $0.17 earnings per share for the quarter, meeting the consensus estimate of $0.17. ADT had a return on equity of 15.45% and a net margin of 13.83%. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the business earned $0.15 earnings per share. ADT’s revenue for the quarter was up 3.2% compared to the same quarter last year. Equities analysts predict that ADT will post 0.62 EPS for the current year.
ADT Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 13th were given a $0.055 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.22 annualized dividend and a dividend yield of 3.18%. ADT’s dividend payout ratio is 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.
Featured Stories
- Five stocks we like better than ADT
- Why is the Ex-Dividend Date Significant to Investors?
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- How to Most Effectively Use the MarketBeat Earnings Screener
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- Want to Profit on the Downtrend? Downtrends, Explained.
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
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.