The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, ADTRAN Holdings Inc (NASDAQ: ADTN) closed at $8.05 down -0.62% from its previous closing price of $8.10. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 0.57 million shares were traded. ADTN stock price reached its highest trading level at $8.135 during the session, while it also had its lowest trading level at $8.035.
Ratios:
For a deeper understanding of ADTRAN Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.70. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.55.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on January 08, 2025, initiated with a Buy rating and assigned the stock a target price of $15.
On November 08, 2024, Rosenblatt Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $6 to $10.
Northland Capital Upgraded its Market Perform to Outperform on May 08, 2024, while the target price for the stock was maintained at $7.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADTN now has a Market Capitalization of 643694144 and an Enterprise Value of 1178315648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 4.74. Its current Enterprise Value per Revenue stands at 1.248 whereas that against EBITDA is 37.041.
Stock Price History:
The Beta on a monthly basis for ADTN is 1.30, which has changed by 0.510319 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, ADTN has reached a high of $12.44, while it has fallen to a 52-week low of $4.62. The 50-Day Moving Average of the stock is -1.75%, while the 200-Day Moving Average is calculated to be 2.49%.
Shares Statistics:
For the past three months, ADTN has traded an average of 1.12M shares per day and 998730 over the past ten days. A total of 79.96M shares are outstanding, with a floating share count of 68.80M. Insiders hold about 13.96% of the company’s shares, while institutions hold 78.68% stake in the company. Shares short for ADTN as of 1745971200 were 2279693 with a Short Ratio of 2.03, compared to 1743379200 on 2030998. Therefore, it implies a Short% of Shares Outstanding of 2279693 and a Short% of Float of 2.8900001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.9.
