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ADTRAN, Inc is a communication equipment business based in the US. ADTRAN shares (ADTN) are listed on the NASDAQ and all prices are listed in US Dollars. ADTRAN employs 1,790 staff and has a trailing 12-month revenue of around USD$492.2 million.
Since the stock market crash in March caused by coronavirus, ADTRAN's share price has had significant positive movement.
Its last market close was USD$11.41, which is 17.97% up on its pre-crash value of USD$9.36 and 137.71% up on the lowest point reached during the March crash when the shares fell as low as USD$4.8.
If you had bought USD$1,000 worth of ADTRAN shares at the start of February 2020, those shares would have been worth USD$599.55 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,228.17.
|Latest market close||USD$11.41|
|52-week range||USD$4.6917 - USD$13.0087|
|50-day moving average||USD$11.5181|
|200-day moving average||USD$11.2844|
|Wall St. target price||USD$15.1|
|Dividend yield||USD$0.36 (2.9%)|
|Earnings per share (TTM)||USD$0.082|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-20)||-6.24%|
|1 month (2020-10-27)||-1.04%|
|3 months (2020-08-27)||1.15%|
|6 months (2020-05-27)||0.26%|
|1 year (2019-11-27)||23.75%|
|2 years (2018-11-27)||-8.79%|
|3 years (2017-11-27)||-48.72%|
|5 years (2015-11-27)||-29.96%|
Valuing ADTRAN stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ADTRAN's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
ADTRAN's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 115x. In other words, ADTRAN shares trade at around 115x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
ADTRAN's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 11.04. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into ADTRAN's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
ADTRAN's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.7 million.
The EBITDA is a measure of a ADTRAN's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$492.2 million|
|Gross profit TTM||USD$220 million|
|Return on assets TTM||-1.72%|
|Return on equity TTM||-4.02%|
|Market capitalisation||USD$588.9 million|
TTM: trailing 12 months
There are currently 1.0 million ADTRAN shares held short by investors – that's known as ADTRAN's "short interest". This figure is 5.5% down from 1.1 million last month.
There are a few different ways that this level of interest in shorting ADTRAN shares can be evaluated.
ADTRAN's "short interest ratio" (SIR) is the quantity of ADTRAN shares currently shorted divided by the average quantity of ADTRAN shares traded daily (recently around 240680.52256532). ADTRAN's SIR currently stands at 4.21. In other words for every 100,000 ADTRAN shares traded daily on the market, roughly 4210 shares are currently held short.
However ADTRAN's short interest can also be evaluated against the total number of ADTRAN shares, or, against the total number of tradable ADTRAN shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case ADTRAN's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 ADTRAN shares in existence, roughly 20 shares are currently held short) or 0.0293% of the tradable shares (for every 100,000 tradable ADTRAN shares, roughly 29 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against ADTRAN.
Find out more about how you can short ADTRAN stock.
Dividend payout ratio: 450% of net profits
Recently ADTRAN has paid out, on average, around 450% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), ADTRAN shareholders could enjoy a 2.9% return on their shares, in the form of dividend payments. In ADTRAN's case, that would currently equate to about $0.36 per share.
ADTRAN's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
ADTRAN's most recent dividend payout was on 1 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 16 November 2020 (the "ex-dividend date").
ADTRAN's shares were split on a 2:1 basis on 16 December 2003. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your ADTRAN shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for ADTRAN shares which in turn could have impacted ADTRAN's share price.
Over the last 12 months, ADTRAN's shares have ranged in value from as little as $4.6917 up to $13.0087. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while ADTRAN's is 1.2943. This would suggest that ADTRAN's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
ADTRAN, Inc. provides networking and communications equipment for service providers, cable/multiple system operators, and distributed enterprises in the United States and internationally. The company operates through Network Solutions, and Services & Support segments. It offers fiber to the premises and fiber to the node (FTTN) multi-service access nodes (MSAN); fiber aggregation and FTTN MSAN; network management and subscriber services control and orchestration software; software defined networking -controlled programmable network elements; fiber to the distribution point units; optical line terminals and transport solutions; optical networking edge aggregation; IP digital subscriber line access multiplexers; cabinet and outside-plant enclosures and services; transceivers, cables, and other miscellaneous materials; and other products, software, and services. The company also provides broadband customer premise solutions and point-to-point Ethernet optical network terminals; radio frequency over glass micro nodes; residential gateway products and accessories; Wi-Fi access points; ethernet switches for multi-gigabit local area networking; SmartOS software licensing for residential and enterprise gateway, and Wi-Fi devices; cloud-based SaaS management platforms; Wi-Fi-enabled residential gateway products and accessories; access points and virtual wireless local area networks for business-class Wi-Fi and management; and pre-sale and post-sale technical support. In addition, it offers planning, engineering, program management, maintenance, installation, and commissioning services. Further, the company offers time division multiplexed and asynchronous transfer mode based aggregation systems and customer devices; and high-bit-rate digital subscriber line, asymmetric digital subscriber line, and other technologies to deliver business and residential services. ADTRAN, Inc. was founded in 1985 and is headquartered in Huntsville, Alabama.
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