ADT Inc (NYSE:ADT) was the recipient of a significant increase in short interest in March. As of March 29th, there was short interest totalling 24,554,775 shares, an increase of 14.8% from the March 15th total of 21,392,569 shares. Currently, 23.7% of the shares of the stock are sold short. Based on an average daily volume of 5,177,559 shares, the days-to-cover ratio is presently 4.7 days.

NYSE ADT opened at $8.99 on Tuesday. The company has a quick ratio of 0.39, a current ratio of 0.51 and a debt-to-equity ratio of 2.95. The firm has a market cap of $6,733.04 and a price-to-earnings ratio of -25.69. ADT has a 52 week low of $7.36 and a 52 week high of $13.02.

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ADT (NYSE:ADT) last posted its quarterly earnings data on Thursday, March 15th. The security and automation business reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.20). The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.06 billion. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period last year, the firm earned ($0.07) earnings per share. analysts predict that ADT will post 0.82 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 5th. Shareholders of record on Monday, March 26th were paid a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a yield of 1.56%. The ex-dividend date was Friday, March 23rd. ADT’s payout ratio is -40.00%.

ADT has been the subject of a number of recent research reports. ValuEngine raised shares of ADT from a “hold” rating to a “buy” rating in a report on Wednesday, March 14th. Bank of America initiated coverage on shares of ADT in a report on Tuesday, February 13th. They issued a “buy” rating and a $16.00 target price for the company. Deutsche Bank initiated coverage on shares of ADT in a report on Tuesday, February 13th. They issued a “buy” rating and a $16.00 target price for the company. Citigroup initiated coverage on shares of ADT in a report on Tuesday, February 13th. They issued a “buy” rating and a $16.00 target price for the company. Finally, Goldman Sachs initiated coverage on shares of ADT in a report on Tuesday, February 13th. They issued a “buy” rating and a $19.00 target price for the company. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $15.88.

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About ADT

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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