In yesterday’s Wall Street session, ADT Inc (NYSE:ADT) shares traded at $7.21, up 0.84% from the previous session.
ADT stock price is now 9.50% away from the 50-day moving average and 12.70% away from the 200-day moving average. The market capitalization of the company currently stands at $6.56B.
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, while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’
In other news, Thorsen Wayne, EVP, Chief Business Officer bought 5,000 shares of the company’s stock on Sep 06 ’23. The stock was bought for $30,400 at an average price of $6.08. Upon completion of the transaction, the EVP, Chief Business Officer now directly owns 459,761 shares in the company, valued at $3.31 million. A total of 55.43% of the company’s stock is owned by insiders.
During the past 12 months, ADT Inc has had a low of $5.53 and a high of $7.60. As of last week, the company has a debt-to-equity ratio of 2.14, a current ratio of 0.71, and a quick ratio of 0.56.
According to the Security & Protection Services Company, earnings per share came in at 0.16, beating analysts’ expectations of 0.06 by 0.1. This compares to $0.01 EPS in the same period last year. The net profit margin was 12.80% and return on equity was 7.14% for ADT. The company reported revenue of $1.21 billion for the quarter, compared to $1.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.32 percent. For the current quarter, analysts expect ADT to generate $1.21B in revenue.
