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 price of ADTRAN Holdings Inc (NASDAQ: ADTN) closed at $9.00 in the last session, down -0.33% from day before closing price of $9.03. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 0.61 million shares were traded. ADTN stock price reached its highest trading level at $9.19 during the session, while it also had its lowest trading level at $8.95.
Ratios:
We take a closer look at ADTN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.18. 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 721135808 and an Enterprise Value of 1286771328. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 5.30. Its current Enterprise Value per Revenue stands at 1.395 whereas that against EBITDA is 254.857.
Stock Price History:
The Beta on a monthly basis for ADTN is 1.44, which has changed by 0.64835167 over the last 52 weeks, in comparison to a change of 0.08275449 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 -12.27%, while the 200-Day Moving Average is calculated to be 23.04%.
Shares Statistics:
According to the various share statistics, ADTN traded on average about 1.19M shares per day over the past 3-months and 1234720 shares per day over the past 10 days. A total of 79.22M shares are outstanding, with a floating share count of 68.72M. Insiders hold about 13.95% of the company’s shares, while institutions hold 82.44% stake in the company. Shares short for ADTN as of 1740700800 were 1150921 with a Short Ratio of 0.97, compared to 1738281600 on 956026. Therefore, it implies a Short% of Shares Outstanding of 1150921 and a Short% of Float of 2.01.
