ADT Inc. (NYSE:ADT) Given Consensus Rating of “Hold” by Brokerages

Shares of ADT Inc. (NYSE:ADT) have received an average rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $9.3750.

ADT has been the topic of several recent analyst reports. Wall Street Zen lowered ADT from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. Zacks Research lowered ADT from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. Citigroup lifted their price target on ADT from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Tuesday, August 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of ADT in a research note on Wednesday, October 8th. Finally, Morgan Stanley lifted their price target on ADT from $9.00 to $9.50 and gave the company an “equal weight” rating in a research note on Monday, July 28th.

ADT Price Performance

Shares of NYSE ADT opened at $8.73 on Wednesday. ADT has a fifty-two week low of $6.71 and a fifty-two week high of $8.94. The business has a fifty day moving average price of $8.68 and a two-hundred day moving average price of $8.44. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.46 and a quick ratio of 0.37. The stock has a market capitalization of $7.25 billion, a PE ratio of 13.22 and a beta of 1.05.

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

Institutional Investors Weigh In On ADT

Hedge funds and other institutional investors have recently bought and sold shares of the company. Harbor Capital Advisors Inc. bought a new stake in ADT during the 3rd quarter worth $25,000. GAMMA Investing LLC grew its position in ADT by 69.5% during the 2nd quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock worth $27,000 after acquiring an additional 1,329 shares during the last quarter. Quent Capital LLC bought a new stake in ADT during the 3rd quarter worth $28,000. Osaic Holdings Inc. grew its position in ADT by 39.9% during the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after acquiring an additional 1,240 shares during the last quarter. Finally, AlphaQuest LLC grew its position in ADT by 80.9% during the 1st quarter. AlphaQuest LLC now owns 5,301 shares of the security and automation business’s stock worth $43,000 after acquiring an additional 2,370 shares during the last quarter. Institutional investors own 87.22% of the company’s stock.

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.