ADTRAN Holdings Inc (NASDAQ:ADTN)’s traded shares stood at 0.97 million during the latest session, with the company’s beta value hitting 1.29. At the last check today, the stock’s price was $11.14, to imply an increase of 5.00% or $0.53 in intraday trading. The ADTN share’s 52-week high remains $12.16, putting it -9.16% down since that peak but still an impressive 61.04% since price per share fell to its 52-week low of $4.34.
Analysts have given a consensus recommendation of Buy for ADTRAN Holdings Inc (ADTN), translating to a mean rating of 1.67. Of 12 analyst(s) looking at the stock, 0 analyst(s) give ADTN a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 9 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.03.
ADTRAN Holdings Inc (NASDAQ:ADTN) trade information
After registering a 5.00% upside in the latest session, ADTRAN Holdings Inc (ADTN) has traded red over the past five days. The 5-day price performance for the stock is -3.38%, and 15.68% over 30 days. With these gigs, the year-to-date price performance is 33.73%.
The extremes give us $10 and $10 for target low and target high price respectively. As such, ADTN has been trading 10.23% off suggested target high and 10.23% from its likely low.
ADTRAN Holdings Inc (ADTN) estimates and forecasts
The rating firms project that company’s revenue will grow 11.29% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is 235.64M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 253.51M.Earnings reports from the last fiscal year show that sales brought in 226.17M and 225.99M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 4.18% before jumping 12.18% in the following quarter.
ADTN Dividends
ADTRAN Holdings Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the ADTRAN Holdings Inc (ADTN) shares. Going by data provided on Nov 30, 2024 , iShares Russell 2000 ETF holds roughly 2.24 shares. This is just over 2.83% of the total shares, with a market valuation of $25.01 million. Data from the same date shows that the other fund manager holds a little less at 2.18, or 2.75% of the shares, all valued at about 24.27 million.
