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ADTRAN Holdings Inc (NASDAQ: ADTN) closed the day trading at $8.67 down -1.70% from the previous closing price of $8.82. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 1.01 million shares were traded. ADTN stock price reached its highest trading level at $8.88 during the session, while it also had its lowest trading level at $8.59.
Ratios:
For a better understanding of ADTN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.80. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 1.66 whereas as Long-Term Debt/Eq ratio is at 1.60.
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 693270528 and an Enterprise Value of 1260417536. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 5.11. Its current Enterprise Value per Revenue stands at 1.366 whereas that against EBITDA is 249.637.
Stock Price History:
The Beta on a monthly basis for ADTN is 1.31, which has changed by 0.69005847 over the last 52 weeks, in comparison to a change of 0.101756096 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 $4.34. The 50-Day Moving Average of the stock is -13.78%, while the 200-Day Moving Average is calculated to be 15.55%.
Shares Statistics:
Over the past 3-months, ADTN traded about 1.25M shares per day on average, while over the past 10 days, ADTN traded about 1063220 shares per day. A total of 79.22M shares are outstanding, with a floating share count of 68.70M. Insiders hold about 13.98% of the company’s shares, while institutions hold 77.15% stake in the company. Shares short for ADTN as of 1741910400 were 1456390 with a Short Ratio of 1.17, compared to 1739491200 on 1088599. Therefore, it implies a Short% of Shares Outstanding of 1456390 and a Short% of Float of 2.54.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.9.
