ValuEngine upgraded shares of ADT (NYSE:ADT) from a hold rating to a buy rating in a report released on Saturday.

Other research analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of ADT from a hold rating to a sell rating in a report on Monday, October 8th. Credit Suisse Group increased their target price on shares of ADT from $14.00 to $15.00 and gave the stock an outperform rating in a report on Friday, September 21st. Barclays dropped their target price on shares of ADT from $13.00 to $12.00 and set an overweight rating for the company in a report on Thursday, August 9th. Deutsche Bank assumed coverage on shares of ADT in a report on Monday, October 1st. They issued a hold rating and a $11.00 target price for the company. Finally, Morgan Stanley set a $12.00 target price on shares of ADT and gave the stock a buy rating in a report on Thursday, November 8th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of Buy and an average target price of $13.70.

ADT opened at $7.85 on Friday. The stock has a market cap of $5.94 billion and a P/E ratio of -22.43. The company has a debt-to-equity ratio of 2.15, a current ratio of 0.62 and a quick ratio of 0.51. ADT has a twelve month low of $6.93 and a twelve month high of $13.02.

ADT (NYSE:ADT) last posted its earnings results on Wednesday, November 7th. The security and automation business reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.28). The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. ADT had a negative return on equity of 3.76% and a net margin of 3.95%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the company posted ($0.09) EPS. As a group, analysts anticipate that ADT will post 0.86 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 4th. Stockholders of record on Friday, December 14th will be issued a $0.035 dividend. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.78%. ADT’s dividend payout ratio (DPR) is currently -40.00%.

A number of hedge funds and other institutional investors have recently modified their holdings of ADT. State of Alaska Department of Revenue raised its holdings in ADT by 178.0% in the 3rd quarter. State of Alaska Department of Revenue now owns 11,230 shares of the security and automation business’s stock valued at $105,000 after buying an additional 7,190 shares during the last quarter. Dimensional Fund Advisors LP bought a new position in ADT in the 3rd quarter valued at approximately $118,000. Stevens Capital Management LP bought a new position in ADT in the 2nd quarter valued at approximately $121,000. Wells Fargo & Company MN bought a new position in ADT in the 1st quarter valued at approximately $126,000. Finally, American Asset Management Inc. bought a new position in ADT in the 2nd quarter valued at approximately $134,000. Institutional investors and hedge funds own 99.80% of the company’s stock.

ADT Company Profile

ADT Inc provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of burglary, video, access control, fire and smoke alarm, and medical alert solutions to residential, commercial, and multi-site customers. The company primarily offers professionally monitored security solutions; and interactive home and business automation solutions that are designed to control access, react to movement, and sense carbon monoxide, flooding, and changes in temperature or other environmental conditions, as well as address personal emergencies, such as injuries, medical emergencies, or incapacitation.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for ADT (NYSE:ADT)

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