Analysts Offer Predictions for ADTRAN Q1 Earnings

ADTRAN Holdings, Inc. (NASDAQ:ADTN) – Investment analysts at Northland Securities issued their Q1 2027 EPS estimates for ADTRAN in a report issued on Wednesday, November 4th. Northland Securities analyst T. Savageaux anticipates that the communications equipment provider will post earnings of $0.01 per share for the quarter. The consensus estimate for ADTRAN’s current full-year earnings is $0.16 per share. Northland Securities also issued estimates for ADTRAN’s Q2 2027 earnings at $0.04 EPS, Q3 2027 earnings at $0.09 EPS and Q4 2027 earnings at $0.11 EPS.

ADTN has been the subject of a number of other reports. Wall Street Zen lowered shares of ADTRAN from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Craig Hallum set a $12.00 price objective on ADTRAN in a research report on Wednesday, August 5th. Needham & Company LLC cut their target price on ADTRAN from $14.00 to $9.00 and set a “buy” rating on the stock in a research note on Tuesday, November 3rd. Zacks Research raised ADTRAN from a “strong sell” rating to a “hold” rating in a report on Monday, October 5th. Finally, Rosenblatt Securities cut ADTRAN from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $15.00 to $6.25 in a research note on Tuesday, November 3rd. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $11.21.

ADTRAN Stock Up 6.2%

ADTN stock opened at $4.29 on Tuesday. ADTRAN has a twelve month low of $3.92 and a twelve month high of $19.98. The company has a quick ratio of 1.19, a current ratio of 1.89 and a debt-to-equity ratio of 2.32. The firm has a market cap of $349.55 million, a PE ratio of -16.50, a price-to-earnings-growth ratio of 2.90 and a beta of 1.53. The business has a 50 day moving average of $6.76 and a 200 day moving average of $10.90.

ADTRAN (NASDAQ:ADTN) last issued its quarterly earnings results on Tuesday, November 3rd. The communications equipment provider reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.05. The company had revenue of $281.17 million for the quarter, compared to analysts’ expectations of $285.15 million. ADTRAN had a positive return on equity of 17.76% and a negative net margin of 2.20%. The firm’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.05 earnings per share.

Hedge Funds Weigh In On ADTRAN

A number of hedge funds have recently made changes to their positions in ADTN. Tieton Capital Management LLC purchased a new position in ADTRAN during the second quarter valued at $7,931,000. Bank of America Corp DE bought a new stake in ADTRAN in the 2nd quarter valued at $11,751,000. William Blair Investment Management LLC bought a new stake in ADTRAN in the 2nd quarter valued at $15,276,000. Bank of New York Mellon Corp purchased a new stake in ADTRAN in the 2nd quarter worth $3,545,000. Finally, Deutsche Bank AG purchased a new stake in ADTRAN in the 2nd quarter worth $3,278,000. Institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling at ADTRAN

In related news, CEO Thomas Stanton bought 150,000 shares of the firm’s stock in a transaction that occurred on Friday, November 6th. The shares were bought at an average cost of $4.01 per share, with a total value of $601,500.00. Following the acquisition, the chief executive officer owned 1,410,890 shares in the company, valued at $5,657,668.90. This trade represents a 11.90% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Timothy Santo bought 17,820 shares of the stock in a transaction that occurred on Friday, November 6th. The shares were bought at an average price of $4.16 per share, for a total transaction of $74,131.20. Following the completion of the transaction, the chief financial officer directly owned 77,744 shares of the company’s stock, valued at $323,415.04. This represents a 29.74% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.16% of the company’s stock.

ADTRAN Company Profile

ADTRAN Holdings, Inc (NASDAQ: ADTN) is a global telecommunications equipment and networking company that provides communications infrastructure for service providers, enterprises and other organizations. The company develops solutions that help network operators deliver broadband, voice, data and cloud-connected services over fiber, copper, wireless and other access technologies.

Its portfolio includes fiber access systems, passive optical networking equipment, broadband access platforms, Ethernet and data networking products, routers, switches, Wi-Fi solutions, fixed wireless access equipment and software for network management and automation.