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.
The closing price of ADTRAN Holdings Inc (NASDAQ: ADTN) was $8.93 for the day, up 2.88% from the previous closing price of $8.68. In other words, the price has increased by $2.88 from its previous closing price. On the day, 1.14 million shares were traded. ADTN stock price reached its highest trading level at $9.1 during the session, while it also had its lowest trading level at $8.62.
Ratios:
Our analysis of ADTN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.55. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.56.
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 714692096 and an Enterprise Value of 1249927040. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 5.12. Its current Enterprise Value per Revenue stands at 1.324 whereas that against EBITDA is 38.956.
Stock Price History:
The Beta on a monthly basis for ADTN is 1.31, which has changed by 0.78957915 over the last 52 weeks, in comparison to a change of 0.111126065 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 12.42%, while the 200-Day Moving Average is calculated to be 9.00%.
Shares Statistics:
ADTN traded an average of 886.82K shares per day over the past three months and 993550 shares per day over the past ten days. A total of 79.71M shares are outstanding, with a floating share count of 68.86M. Insiders hold about 13.96% of the company’s shares, while institutions hold 77.83% stake in the company. Shares short for ADTN as of 1748563200 were 1701449 with a Short Ratio of 1.92, compared to 1745971200 on 2279693. Therefore, it implies a Short% of Shares Outstanding of 1701449 and a Short% of Float of 2.15.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.9.
Earnings Estimates
The stock of ADTRAN Holdings Inc (ADTN) is currently drawing attention from 4.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.05, with high estimates of $0.07 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.21 and $0.14 for the fiscal current year, implying an average EPS of $0.16. EPS for the following year is $0.43, with 5.0 analysts recommending between $0.65 and $0.28.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $257M to a low estimate of $254.7M. As of the current estimate, ADTRAN Holdings Inc’s year-ago sales were $225.99MFor the next quarter, 4 analysts are estimating revenue of $264.43M. There is a high estimate of $269M for the next quarter, whereas the lowest estimate is $261.3M.
A total of 6 analysts have provided revenue estimates for ADTN’s current fiscal year. The highest revenue estimate was $1.09B, while the lowest revenue estimate was $993M, resulting in an average revenue estimate of $1.04B. In the same quarter a year ago, actual revenue was $922.72MBased on 5 analysts’ estimates, the company’s revenue will be $1.15B in the next fiscal year. The high estimate is $1.24B and the low estimate is $1.07B.
