ADT (NYSE:ADT) Shares Gap Down – What’s Next?

Shares of ADT Inc. (NYSE:ADT) gapped down before the market opened on Monday . The stock had previously closed at $7.55, but opened at $7.19. ADT shares last traded at $7.1650, with a volume of 11,197,349 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. The Goldman Sachs Group restated a “buy” rating and set a $10.40 price objective on shares of ADT in a research note on Monday, March 2nd. Barclays reaffirmed an “underweight” rating and set a $7.00 price objective on shares of ADT in a research report on Friday, March 6th. Morgan Stanley lowered their price objective on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 3rd. Citigroup cut their target price on shares of ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Finally, Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $8.08.

ADT Price Performance

The company has a quick ratio of 0.67, a current ratio of 0.84 and a debt-to-equity ratio of 1.94. The company has a market capitalization of $5.85 billion, a P/E ratio of 10.18 and a beta of 1.06. The business has a 50 day simple moving average of $6.94 and a 200-day simple moving average of $7.73.

ADT (NYSE:ADT) last issued its quarterly earnings data on Thursday, April 30th. The security and automation business reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.02. ADT had a net margin of 12.12% and a return on equity of 19.23%. The firm had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period last year, the firm posted $0.21 EPS. ADT’s quarterly revenue was up .9% compared to the same quarter last year. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Analysts predict that ADT Inc. will post 0.84 EPS for the current fiscal year.

ADT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Thursday, June 11th will be given a dividend of $0.055 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.22 annualized dividend and a dividend yield of 3.1%. ADT’s payout ratio is currently 33.33%.

Insider Transactions at ADT

In other ADT news, EVP David A. Scott bought 7,300 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were purchased at an average cost of $6.72 per share, for a total transaction of $49,056.00. Following the transaction, the executive vice president directly owned 7,300 shares in the company, valued at $49,056. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of ADT. Los Angeles Capital Management LLC acquired a new position in shares of ADT during the fourth quarter valued at $28,000. Quent Capital LLC acquired a new position in shares of ADT during the third quarter valued at $28,000. IFP Advisors Inc increased its holdings in shares of ADT by 1,759.1% during the third quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock valued at $35,000 after purchasing an additional 3,782 shares during the period. WPG Advisers LLC increased its holdings in shares of ADT by 54.3% during 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 period. Finally, Osaic Holdings Inc. increased its holdings in shares of ADT by 39.9% during the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock valued at $37,000 after purchasing an additional 1,240 shares during the period. Institutional investors own 87.22% of the company’s stock.

ADT Company Profile

ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.

Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.