Positive Press Coverage Somewhat Unlikely to Impact ADT (ADT) Stock Price
Media headlines about ADT (NYSE:ADT) have been trending positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ADT earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news headlines about the security and automation business an impact score of 45.2825477890128 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- MHSPC: Increased Survival with Added Docetaxel Confirmed Long-Term (medpagetoday.com)
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of a Securities Action on Behalf of Shareholders of ADT Inc. (markets.financialcontent.com)
- Q&A with AdEPT Telecom plc: Latest Trading Update (LON:ADT) (directorstalkinterviews.com)
- EPS for athenahealth, Inc. (ATHN) Expected At $0.46; Last Week ADT Inc. (ADT) Coverage (mtastar.com)
- Global Articulate Dump Truck (ADT) Market 2018 – Volvo, Caterpillar, John Deere, Doosan Equipment, Terex Trucks … (anglophonetribune.com)
Several research firms have commented on ADT. ValuEngine lowered shares of ADT from a “hold” rating to a “sell” rating in a research note on Thursday, March 1st. Royal Bank of Canada began coverage on shares of ADT in a research note on Tuesday, February 13th. They issued an “outperform” rating and a $16.00 price objective for the company. Bank of America began coverage on shares of ADT in a research note on Tuesday, February 13th. They issued a “buy” rating and a $16.00 price objective for the company. Citigroup began coverage on shares of ADT in a research note on Tuesday, February 13th. They issued a “buy” rating and a $16.00 price objective for the company. Finally, Goldman Sachs began coverage on shares of ADT in a research note on Tuesday, February 13th. They issued a “buy” rating and a $19.00 price objective for the company. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. ADT has a consensus rating of “Buy” and an average price target of $15.88.
ADT (NYSE:ADT) last issued its quarterly earnings results on Thursday, March 15th. The security and automation business reported ($0.06) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.20). The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the firm posted ($0.07) EPS. The firm’s revenue was up 5.2% compared to the same quarter last year. equities research analysts anticipate that ADT will post 0.82 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Thursday, April 5th. Stockholders of record on Monday, March 26th were paid a dividend of $0.035 per share. The ex-dividend date was Friday, March 23rd. This represents a $0.14 annualized dividend and a dividend yield of 1.56%. ADT’s payout ratio is currently -40.00%.
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ADT Inc is a provider of monitored security, interactive home and business automation and related monitoring services in the United States and Canada. The Company offers a range of products home security systems, home automation, security cameras, fire, home and safety, and monitoring services. It also offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions.
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