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ADTRAN Holdings Inc (NASDAQ: ADTN) closed the day trading at $5.47 up 1.48% from the previous closing price of $5.39. In other words, the price has increased by $1.48 from its previous closing price. On the day, 1.1 million shares were traded. ADTN stock price reached its highest trading level at $5.71 during the session, while it also had its lowest trading level at $5.38.
Ratios:
For a better understanding of ADTN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 2.46. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.84.
Rosenblatt Downgraded its Buy to Neutral on November 07, 2023, whereas the target price for the stock was revised from $11 to $7.
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 432763424 and an Enterprise Value of 971364352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.845 whereas that against EBITDA is -22.416.
Stock Price History:
Over the past 52 weeks, ADTN has reached a high of $11.02, while it has fallen to a 52-week low of $4.34. The 50-Day Moving Average of the stock is 4.52%, while the 200-Day Moving Average is calculated to be -18.87%.
Shares Statistics:
Over the past 3-months, ADTN traded about 785.41K shares per day on average, while over the past 10 days, ADTN traded about 771520 shares per day. A total of 78.67M shares are outstanding, with a floating share count of 73.87M. Insiders hold about 6.63% of the company’s shares, while institutions hold 81.51% stake in the company. Shares short for ADTN as of 1713139200 were 3318379 with a Short Ratio of 4.23, compared to 1710460800 on 2929473. Therefore, it implies a Short% of Shares Outstanding of 3318379 and a Short% of Float of 5.86.
Dividends & Splits
ADTN’s forward annual dividend rate is 0.18, up from 0.18 a year ago. Against a Trailing Annual Dividend Yield of 0.03339518The stock’s 5-year Average Dividend Yield is 2.96.
Earnings Estimates
The firm’s stock currently is rated by 4.0 analysts. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.09, while EPS last year was $0. The consensus estimate for the next quarter is $0.04, with high estimates of $0.09 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.06 and -$0.2 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is $0.35, with 4.0 analysts recommending between $0.5 and $0.25.
Revenue Estimates
4 analysts predict $235.97M in revenue for the current quarter. It ranges from a high estimate of $252.4M to a low estimate of $225.5M. As of the current estimate, ADTRAN Holdings Inc’s year-ago sales were $327.38MFor the next quarter, 4 analysts are estimating revenue of $256.37M. There is a high estimate of $275.2M for the next quarter, whereas the lowest estimate is $245.3M.
A total of 4 analysts have provided revenue estimates for ADTN’s current fiscal year. The highest revenue estimate was $1.04B, while the lowest revenue estimate was $952.2M, resulting in an average revenue estimate of $989.95M. In the same quarter a year ago, actual revenue was $1.15BBased on 3 analysts’ estimates, the company’s revenue will be $1.11B in the next fiscal year. The high estimate is $1.17B and the low estimate is $1.04B.
