ADT Inc. (NYSE:ADT) Stock Has Average Price Target of $8.13 According to Brokerages

Shares of ADT Inc. (NYSE:ADT) have earned a consensus rating of “Hold” from the seven brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $8.13.

A number of brokerages have issued reports on ADT. Weiss Ratings reiterated a “hold (c)” rating on shares of ADT in a research report on Tuesday, October 13th. Morgan Stanley decreased their price target on ADT from $7.75 to $7.25 and set an “equal weight” rating for the company in a research note on Tuesday, October 13th. Finally, BTIG Research began coverage on ADT in a report on Monday, August 17th. They set a “neutral” rating on the stock.

Hedge Funds Weigh In On ADT

Institutional investors and hedge funds have recently bought and sold shares of the stock. SteelPeak Wealth LLC acquired a new position in ADT during the third quarter worth about $225,000. IFP Advisors Inc raised its position in ADT by 166.1% in the third quarter. IFP Advisors Inc now owns 12,718 shares of the security and automation business’s stock worth $77,000 after acquiring an additional 7,939 shares in the last quarter. Founders Grove Wealth Partners LLC bought a new stake in ADT in the third quarter worth about $71,000. Cyndeo Wealth Partners LLC bought a new stake in ADT in the third quarter worth about $163,000. Finally, Summit Financial Wealth Advisors LLC acquired a new stake in ADT in the 3rd quarter valued at about $78,000. Institutional investors own 87.22% of the company’s stock.

ADT Stock Performance

Shares of NYSE ADT opened at $6.88 on Wednesday. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 2.14. The stock has a 50 day simple moving average of $6.96 and a 200-day simple moving average of $6.93. The company has a market cap of $5.03 billion, a PE ratio of 9.70 and a beta of 1.04. ADT has a 12-month low of $6.03 and a 12-month high of $8.89.

ADT (NYSE:ADT) last issued its quarterly earnings data on Thursday, July 30th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. ADT had a return on equity of 18.99% and a net margin of 11.85%. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the company posted $0.23 EPS. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. On average, equities research analysts forecast that ADT will post 0.90 EPS for the current year.

ADT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued a $0.0550 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $0.22 annualized dividend and a yield of 3.2%. ADT’s dividend payout ratio is presently 30.99%.

About ADT

ADT Inc (NYSE: ADT) is a provider of security, automation and smart-home solutions for residential, small-business and commercial customers. The company offers professionally installed and monitored alarm systems, video surveillance, security cameras, access control, environmental monitoring and home automation products. Its services are designed to help customers protect properties, monitor activity remotely and manage connected devices through digital platforms.

Through its residential and small-business operations, ADT provides intrusion detection, fire and carbon-monoxide monitoring, video doorbells, smart locks, lighting and other connected-home features.