In the last trading session, 1.36 million ADTRAN Holdings Inc (NASDAQ:ADTN) shares changed hands as the company’s beta touched 1.29. With the company’s per share price at $10.43 changed hands at -$0.21 or -1.97% during last session, the market valuation stood at $827.17M. ADTN’s last price was a discount, traded about -16.59% off its 52-week high of $12.16. The share price had its 52-week low at $4.34, which suggests the last value was 58.39% up since then.
Analysts gave the ADTRAN Holdings Inc (ADTN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.75. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended ADTN as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. ADTRAN Holdings Inc’s EPS for the current quarter is expected to be -0.03.
ADTRAN Holdings Inc (NASDAQ:ADTN) trade information
Instantly ADTN was in red as seen at the end of in last trading. With action -9.54%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 25.21%, with the 5-day performance at -9.54% in the red. However, in the 30-day time frame, ADTRAN Holdings Inc (NASDAQ:ADTN) is 1.16% up.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need a downside of -4.3% from its current market value. According to analyst projections, ADTN’s forecast low is 10 with 10 as the target high. To hit the forecast high, the stock’s price needs a 4.12% surge from its current level, while the stock would need to tank 4.12% for it to hit the projected low.
ADTRAN Holdings Inc (ADTN) estimates and forecasts
Year-over-year growth is forecast to reach -20.04% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 237.95M. 4 analysts are of the opinion that ADTRAN Holdings Inc’s revenue for the current quarter will be 235.64M. The company’s revenue for the corresponding quarters a year ago was 225.48M and 226.17M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.53%. The estimates for the next quarter sales put growth at 4.18%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -53.24%. The 2025 estimates are for ADTRAN Holdings Inc earnings to increase by 73.73%.
ADTN Dividends
ADTRAN Holdings Inc is expected to release its next quarterly earnings report in March.
Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund . With 2.24 shares estimated at $23.4 million under it, the former controlled 2.83% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.75% of the shares, roughly 2.18 shares worth around $22.71 million.
