Can ADT Inc (NYSE: ADT) Shares Make A Higher Price Run?

In the last trading session, 13.25 million shares of the ADT Inc (NYSE:ADT) were traded, and its beta was 1.22. Most recently the company’s share price was $8.4, and it changed around -$0.04 or -0.47% from the last close, which brings the market valuation of the company to $7.03B. ADT currently trades at a discount to its 52-week high of $8.72, offering almost -3.81% off that amount. The share price’s 52-week low was $6.53, which indicates that the current value has risen by an impressive 22.26% since then. We note from ADT Inc’s average daily trading volume that its 10-day average is 14.55 million shares, with the 3-month average coming to 18.80 million.

ADT Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 3 recommended ADT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

ADT Inc (NYSE:ADT) trade information

Instantly ADT has showed a red trend with a performance of -0.47% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 8.55 on recent trading dayincreased the stock’s daily price by 1.75%. The company’s shares are currently up 13.51% year-to-date, but still down -0.83% over the last five days. On the other hand, ADT Inc (NYSE:ADT) is 1.82% up in the 30-day period. We can see from the shorts that 26.04 million shares have been sold at a short interest cover period of 1.29 day(s).

The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to increase their stock price by 6.67% from its current value. Analyst projections state that ADT is forecast to be at a low of $9 and a high of $9.

ADT Inc earnings are expected to increase by 12.38% in 2025, but the outlook is positive 12.64% per year for the next five years.

ADT Dividends

ADT Inc’s next quarterly earnings report is expected to be released on 2025-Apr-24. The annual dividend yield of the stock is 2.62 percent and its annual dividend per share was 0.22. It is important to note, however, that the 2.62% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.05 per year.

ADT Inc (NYSE:ADT)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 1.72% of ADT Inc shares, and 106.06% of them are in the hands of institutional investors. The stock currently has a share float of 107.92%. ADT Inc stock is held by 472.0 institutions, with APOLLO MANAGEMENT HOLDINGS, L.P. being the largest institutional investor. By 2024-06-30, it held 46.9039% of the shares, which is about 423.55 million shares worth $3.22 billion.

STATE FARM MUTUAL AUTOMOBILE INSURANCE CO, with 14.7653% or 133.33 million shares worth $1.01 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.

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