Investors Getting Picky When It Comes To Buying ADT Inc (ADT)

ADT Inc (NYSE:ADT) does about 5.79M shares in volume on a normal day but saw 2672268 shares change hands in Monday trading. The company now has a market cap of 5.65B USD. Its current market price is $6.23, marking a decrease of -2.04% compared to the previous close of $6.36. The 52 week high reached by this stock is $7.60 whilst the lowest price level in 52 weeks is $4.89.

ADT Inc (ADT) has a 20-day trading average at $6.50 and the current price is -18.03% off the 52-week high compared with 27.40% distance from its 52-week low. The 50-day simple moving average of the closing price is $6.68 and its 200-day simple moving average is $6.37. If we look at the stock’s price movements over the week, volatility stands at 2.76%, which increases to 3.14% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 40.75 to suggest the stock is neutral.

The consensus objective for the share price is $9.66, suggesting that the stock has a potential upside of 35.51% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 01, 2022 when Citigroup resumed the stock to “Buy” and issued a price target of $11. RBC Capital Mkts downgraded its price target at $10.

ADT Inc (ADT) stock is down -4.89% over the week and -7.98% over the past month. Its price is -8.65% year-to-date and -9.71% over the past year.

To reach the target analysts have set, the stock logically needs to grow 35.51 percent from here.

The company has a return on investment of 4.06% and return on equity of 1.07%. The price to earnings ratio (P/E ratio) amounts to 13.51 while the forward price to earnings ratio is 7.90. The beta has a value of 1.58. Price to book ratio is 1.52 and price to sales ratio is 1.00.