Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, ADTRAN Holdings Inc (NASDAQ: ADTN) closed at $9.63 up 1.48% from its previous closing price of $9.49. In other words, the price has increased by $1.48 from its previous closing price. On the day, 0.6 million shares were traded. ADTN stock price reached its highest trading level at $9.7125 during the session, while it also had its lowest trading level at $9.435.
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 8.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 1.01.
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 763715840 and an Enterprise Value of 1309409792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 3.55. Its current Enterprise Value per Revenue stands at 1.446 whereas that against EBITDA is -58.908.
Stock Price History:
The Beta on a monthly basis for ADTN is 1.28, which has changed by 0.5358852 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, ADTN has reached a high of $11.23, while it has fallen to a 52-week low of $4.34. The 50-Day Moving Average of the stock is 8.29%, while the 200-Day Moving Average is calculated to be 50.80%.
Shares Statistics:
For the past three months, ADTN has traded an average of 796.93K shares per day and 1110180 over the past ten days. A total of 78.97M shares are outstanding, with a floating share count of 73.50M. Insiders hold about 7.32% of the company’s shares, while institutions hold 81.72% stake in the company. Shares short for ADTN as of 1736899200 were 1344477 with a Short Ratio of 1.69, compared to 1734048000 on 1158007. Therefore, it implies a Short% of Shares Outstanding of 1344477 and a Short% of Float of 2.3699999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.9.
