ADT (NYSE:ADT) Shares Pass Below 200 Day Moving Average – Here’s Why

Shares of ADT Inc. (NYSE:ADT) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.42 and traded as low as $8.19. ADT shares last traded at $8.25, with a volume of 5,089,123 shares.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ADT shares. Zacks Research lowered ADT from a “hold” rating to a “strong sell” rating in a report on Friday, December 19th. Wall Street Zen cut ADT from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Morgan Stanley decreased their price objective on ADT from $9.50 to $9.00 and set an “equal weight” rating for the company in a report on Wednesday, December 17th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ADT in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $9.25.

ADT Trading Up 1.4%

The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.54 and a current ratio of 0.67. The firm has a market cap of $6.64 billion, a P/E ratio of 11.73 and a beta of 0.94. The firm has a 50 day simple moving average of $8.11 and a 200 day simple moving average of $8.41.

ADT (NYSE:ADT) last announced its quarterly earnings results on Tuesday, November 4th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. ADT had a net margin of 12.52% and a return on equity of 18.96%. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the firm posted $0.20 earnings per share. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. ADT has set its FY 2025 guidance at 0.850-0.890 EPS. On average, equities research analysts predict that ADT Inc. will post 0.7 EPS for the current fiscal year.

ADT Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 11th were given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 2.7%. The ex-dividend date was Thursday, December 11th. ADT’s payout ratio is presently 31.88%.

Institutional Trading of ADT

Large investors have recently modified their holdings of the business. NewEdge Advisors LLC increased its position in shares of ADT by 503.0% in the first quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock worth $108,000 after purchasing an additional 11,077 shares during the last quarter. Caxton Associates LLP purchased a new position in ADT in the 1st quarter worth approximately $296,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of ADT by 29.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,154,250 shares of the security and automation business’s stock worth $9,396,000 after buying an additional 262,480 shares during the last quarter. Focus Partners Wealth raised its position in shares of ADT by 75.9% during the 1st quarter. Focus Partners Wealth now owns 54,363 shares of the security and automation business’s stock valued at $442,000 after buying an additional 23,463 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in shares of ADT during the 2nd quarter worth $93,000. Institutional investors own 87.22% of the company’s stock.

ADT Company Profile

ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.

Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.