For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
ADTRAN Holdings Inc (NASDAQ: ADTN) closed the day trading at $9.51 down -10.20% from the previous closing price of $10.59. In other words, the price has decreased by -$10.20 from its previous closing price. On the day, 1.78 million shares were traded.
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 9.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.75. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 5.60.
Stock Price History:
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 -6.53%, while the 200-Day Moving Average is calculated to be 32.89%.
Shares Statistics:
A total of 79.22M shares are outstanding, with a floating share count of 74.11M. Insiders hold about 7.19% of the company’s shares, while institutions hold 82.19% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from 4.0 analysts. The consensus estimate for the next quarter is $0.04, with high estimates of $0.05 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.3 and $0.11 for the fiscal current year, implying an average EPS of $0.2. EPS for the following year is $0.46, with 5.0 analysts recommending between $0.7 and $0.27.
Revenue Estimates
4 analysts predict $245.15M in revenue for the current quarter. It ranges from a high estimate of $245.7M to a low estimate of $244.6M. As of the current estimate, ADTRAN Holdings Inc’s year-ago sales were $226.17MFor the next quarter, 4 analysts are estimating revenue of $255.07M. There is a high estimate of $258.4M for the next quarter, whereas the lowest estimate is $250.19M.
A total of 6 analysts have provided revenue estimates for ADTN’s current fiscal year. The highest revenue estimate was $1.08B, while the lowest revenue estimate was $985M, 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 $1.14B in the next fiscal year. The high estimate is $1.24B and the low estimate is $1.07B.
