In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, ADTRAN Holdings Inc’s stock clocked out at $7.71, down -3.02% from its previous closing price of $7.95. In other words, the price has decreased by -$3.02 from its previous closing price. On the day, 1.75 million shares were traded.
Ratios:
To gain a deeper understanding of ADTN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.55.
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 0.65 while its Price-to-Book (P/B) ratio in mrq is 4.54.
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 $4.62. The 50-Day Moving Average of the stock is -9.20%, while the 200-Day Moving Average is calculated to be -0.95%.
Shares Statistics:
A total of 79.96M shares are outstanding, with a floating share count of 68.89M. Insiders hold about 13.84% of the company’s shares, while institutions hold 83.17% stake in the company.
