ADT (NYSE:ADT) Earns Underweight Rating from Barclays

ADT (NYSE:ADT)‘s stock had its “underweight” rating reaffirmed by Barclays in a report released on Friday, MarketBeat Ratings reports. They presently have a $7.00 price objective on the security and automation business’ stock. Barclays‘s target price points to a potential upside of 3.86% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ADT in a research note on Monday, December 29th. Citigroup reduced their target price on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research note on Wednesday. Zacks Research raised ADT from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th. Morgan Stanley dropped their price target on ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $10.40 price objective on shares of ADT in a research note on Monday. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $8.38.

ADT Price Performance

Shares of ADT opened at $6.74 on Friday. The firm has a market cap of $5.53 billion, a PE ratio of 10.21 and a beta of 1.00. ADT has a 52-week low of $6.65 and a 52-week high of $8.94. The business’s 50 day moving average price is $7.93 and its two-hundred day moving average price is $8.27. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.54 and a current ratio of 0.93.

ADT (NYSE:ADT) last announced its quarterly earnings data on Monday, March 2nd. The security and automation business reported $0.23 EPS for the quarter, topping the consensus estimate of $0.20 by $0.03. ADT had a net margin of 11.60% and a return on equity of 19.16%. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the firm posted $0.20 EPS. The company’s quarterly revenue was up 1.3% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, equities analysts anticipate that ADT will post 0.7 EPS for the current year.

Institutional Trading of ADT

Institutional investors and hedge funds have recently modified their holdings of the stock. Harbor Capital Advisors Inc. bought a new position in shares of ADT in the third quarter valued at approximately $25,000. Quent Capital LLC purchased a new stake in ADT in the 3rd quarter valued at $28,000. Los Angeles Capital Management LLC bought a new position in ADT during the 4th quarter valued at $28,000. IFP Advisors Inc boosted its holdings in ADT by 1,759.1% during the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock worth $35,000 after acquiring an additional 3,782 shares during the last quarter. Finally, WPG Advisers LLC grew its stake in shares of ADT by 54.3% in the 3rd quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock worth $36,000 after acquiring an additional 1,440 shares in the last quarter. 87.22% of the stock is owned by hedge funds and other institutional investors.

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.