ADT (ADT) Projected to Post Earnings on Thursday

ADT (NYSE:ADT) will likely be posting its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect ADT to post earnings of $0.19 per share and revenue of $1.23 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

ADT Price Performance

ADT opened at $7.59 on Wednesday. The company has a market capitalization of $6.88 billion, a price-to-earnings ratio of 8.24 and a beta of 1.50. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.93. ADT has a 12-month low of $6.10 and a 12-month high of $8.25. The business’s fifty day simple moving average is $7.25 and its 200-day simple moving average is $7.29.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ADT shares. 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. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $9.00 target price on shares of ADT in a research 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.