ADT Releases Quarterly Earnings Results, Meets Expectations

ADT (NYSE:ADT - Get Free Report) announced its quarterly earnings on Thursday. The company, which operates in the security and automation sector, reported earnings of $0.19 per share (EPS) for the quarter. This result aligned with analysts' consensus estimates of $0.19, as reported by Zacks. ADT achieved a net margin of 18.18% and a return on equity of 17.77%. In addition, the company provided insights into its future performance, updating its guidance for fiscal year 2025 EPS to a range between $0.770 and $0.850.

ADT Stock Performance

During trading on Thursday, ADT's stock saw an increase of $0.68, reaching a price of $8.21. Approximately 16,372,114 shares changed hands, exceeding the average trading volume of 6,503,352 shares. Presently, ADT holds a market capitalization of $7.44 billion, with a price-to-earnings (PE) ratio of 8.94 and a beta value of 1.50. The company's 50-day moving average stands at $7.28, while the 200-day moving average is $7.30. Over the past year, the stock has traded between a low of $6.10 and a high of $8.33. Other financial metrics include a quick ratio of 0.64, a current ratio of 0.81, and a debt-to-equity ratio of 1.93.

Analyst Ratings

A variety of brokerages have shared their opinions on ADT's stock. For example, the Royal Bank of Canada maintained a "sector perform" rating and set a price target of $9.00 for ADT shares in a report released on January 29th. Similarly, Morgan Stanley raised its target price for ADT from $8.50 to $9.00, giving the stock an "equal weight" rating in a report on December 12th.

Company Overview

ADT Inc. provides security and automation solutions, focusing on both residential and small business customers in the United States. The company operates in two main segments: Consumer and Small Business, and Solar. ADT's offerings include burglar and life safety alarms, smart security cameras, home automation systems, and video surveillance solutions.

Conclusion

Overall, ADT's earnings report demonstrates its ability to meet expectations in a competitive market. Investors will be eager to see how the revised guidance will impact the company's performance in the coming years.

Earnings, ADT, Stocks