ADT (ADT) Expected to Announce Quarterly Earnings on Wednesday

ADT (NYSE:ADT) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect ADT to post earnings of $0.19 per share and revenue of $1.23 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

ADT Stock Down 1.0 %

ADT stock opened at $7.50 on Wednesday. ADT has a 52-week low of $6.10 and a 52-week high of $8.25. The company’s 50 day simple moving average is $7.24 and its 200-day simple moving average is $7.28. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.81 and a quick ratio of 0.64. The firm has a market capitalization of $6.80 billion, a P/E ratio of 8.15 and a beta of 1.50.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley boosted their price target on shares of ADT from $8.50 to $9.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. The Goldman Sachs Group boosted their price target on shares of ADT from $8.20 to $9.20 and gave the company a “buy” rating in a report on Friday, October 25th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $9.00 price target on shares of ADT in a report on Wednesday, January 29th.

ADT Company Profile

ADT Inc provides security, interactive, and smart home solutions to residential and small business customers in the United States. It operates through two segments, Consumer and Small Business, and Solar. The company provides burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems.