ADT (NYSE:ADT) Releases Earnings Results, Beats Expectations By $0.01 EPS

ADT (NYSE:ADT) issued its earnings results on Tuesday. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01, Briefing.com reports. The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. ADT had a net margin of 12.30% and a return on equity of 18.58%. ADT’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 EPS. ADT updated its FY 2025 guidance to 0.850-0.890 EPS.

ADT Trading Down 8.1%

ADT stock traded down $0.72 during trading hours on Tuesday, reaching $8.08. 16,141,697 shares of the company’s stock were exchanged, compared to its average volume of 13,351,340. The firm’s 50 day simple moving average is $8.68 and its 200 day simple moving average is $8.47. ADT has a twelve month low of $6.71 and a twelve month high of $8.94. The firm has a market capitalization of $6.71 billion, a PE ratio of 12.23 and a beta of 1.00. The company has a quick ratio of 0.37, a current ratio of 0.46 and a debt-to-equity ratio of 1.84.

Hedge Funds Weigh In On ADT

Large investors have recently modified their holdings of the company. Osaic Holdings Inc. lifted its holdings in shares of ADT by 39.9% in the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after purchasing an additional 1,240 shares in the last quarter. HUB Investment Partners LLC acquired a new stake in shares of ADT in the 2nd quarter worth about $86,000. Sivia Capital Partners LLC acquired a new stake in shares of ADT in the 2nd quarter worth about $93,000. Walleye Capital LLC acquired a new stake in shares of ADT in the 2nd quarter worth about $104,000. Finally, NewEdge Advisors LLC raised its holdings in shares of ADT by 503.0% in the 1st quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock worth $108,000 after acquiring an additional 11,077 shares during the last quarter. 87.22% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Weiss Ratings restated a “buy (b)” rating on shares of ADT in a research note on Wednesday, October 8th. Morgan Stanley lifted their price target on shares of ADT from $9.00 to $9.50 and gave the company an “equal weight” rating in a research report on Monday, July 28th. Wall Street Zen lowered shares of ADT from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. Zacks Research lowered shares of ADT from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Finally, Citigroup raised their target price on shares of ADT from $9.00 to $10.00 and gave the company a “buy” rating in a report on Tuesday, August 26th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, ADT presently has an average rating of “Hold” and an average target price of $9.38.

ADT Company Profile

ADT Inc provides security, interactive, and smart home solutions to residential and small business customers in the United States. It operates through two segments, Consumer and Small Business, and Solar. The company provides burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems.