ADTRAN (ADTN) Stock Price, News & Analysis

Company Overview

ADTRAN Holdings, Inc., through its subsidiaries, provides networking and communications platforms, software, systems, and services in the United States, Germany, the United Kingdom, and internationally. It operates through two segments, Network Solutions, and Services & Support. It offers residential gateways; ethernet passive optical network ONUs; gigabit passive optical network/XGS-PON ONTs; traditional SSE, routers, and switches; edge cloud; carrier ethernet network interface devices; Optical Line Terminals; Packet Aggregation, Copper Access, and Oscilloquartz; optical transport and engine solutions; infrastructure monitoring solution; and training, professional, software, and managed services. The company also provides various software, such as Mosaic One SaaS, n-Command, Procloud, MCP, AOE and ACI-E, and Ensemble Controller. It serves large, medium, and small service providers; alternative service providers, such as utilities, municipalities and fiber overbuilders; cable/MSOs; and SMBs and distributed enterprises. ADTRAN Holdings, Inc. was incorporated in 1985 and is headquartered in Huntsville, Alabama.

Key Stats

• Today's Range: $8.06 to $8.53
• 50-Day Range: $5.95 to $8.86
• 52-Week Range: $4.34 to $9.21
• Volume: 1.20 million shs
• Average Volume: 800,882 shs
• Market Capitalization: $649.52 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.33
• Consensus Rating: Buy

ADTRAN Stock Analysis - MarketRank™

ADTRAN scored higher than 68% of companies evaluated by MarketBeat, and ranked 177th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

ADTRAN has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

ADTRAN has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for ADTRAN are expected to grow in the coming year, from ($0.50) to $0.06 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ADTRAN is -1.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of ADTRAN is -1.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

ADTRAN has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.54% of the outstanding shares of ADTRAN have been sold short.

Short Interest Ratio / Days to Cover

ADTRAN has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ADTRAN has recently decreased by 35.79%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

ADTRAN does not currently pay a dividend.

Dividend Growth

ADTRAN does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, ADTRAN will have a dividend payout ratio of 600.00% in the coming year. This indicates that ADTRAN may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.54% of the outstanding shares of ADTRAN have been sold short.

Short Interest Ratio / Days to Cover

ADTRAN has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ADTRAN has recently decreased by 35.79%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.90

News Sentiment

ADTRAN has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for ADTRAN this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for ADTN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ADTRAN insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.95% of the stock of ADTRAN is held by insiders.

Percentage Held by Institutions

80.56% of the stock of ADTRAN is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ADTN Stock Analysis - Frequently Asked Questions

How have ADTN shares performed this year?

ADTRAN's stock was trading at $7.34 at the beginning of the year. Since then, ADTN stock has increased by 11.6% and is now trading at $8.19.
View the best growth stocks for 2024 here.

How were ADTRAN's earnings last quarter?

ADTRAN Holdings, Inc. (NASDAQ:ADTN) posted its earnings results on Monday, February, 20th. The communications equipment provider reported $0.16 EPS for the quarter, hitting analysts' consensus estimates of $0.16. The communications equipment provider had revenue of $358.27 million for the quarter, compared to the consensus estimate of $362 million. ADTRAN had a negative trailing twelve-month return on equity of 38.62% and a negative net margin of 56.95%.

Does ADTRAN have any subsidiaries?

ADTRAN subsidiaries include these companies: SmartRG Inc., Bluesocket Inc., Objectworld Communications, Luminous Networks, ADTRAN Canada Inc., ADTRAN d.o.o., ADTRAN Europe Limited, and others.

Who are ADTRAN's major shareholders?

Top institutional shareholders of ADTRAN include Geode Capital Management LLC (2.28%), State Street Corp (2.23%), Needham Investment Management LLC (1.68%) and Tieton Capital Management LLC (1.21%). Insiders that own company stock include Thomas R Stanton, Brian Protiva, Gregory James Mccray and Marc Kimpe.
View institutional ownership trends.

How do I buy shares of ADTRAN?

Shares of ADTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of ADTRAN own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ADTRAN investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Bank of America (BAC), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

Company Calendar

• Last Earnings: 2/20/2023
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Telephone & telegraph apparatus
• Sub-Industry: Communications Equipment
• Current Symbol: NASDAQ:ADTN
• CUSIP: 00738A10
• CIK: 926282
• Web: www.adtran.com
• Phone: (256) 963-8300
• Fax: 256-963-6300
• Employees: 3,227
• Year Founded: 1985

Price Target and Rating

• Average Stock Price Target: $10.33
• High Stock Price Target: $11.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +26.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($6.51)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-267,690,000.00
• Net Margins: -56.95%
• Pretax Margin: -50.40%
• Return on Equity: -38.62%
• Return on Assets: -8.96%

Debt

• Debt-to-Equity Ratio: 0.89
• Current Ratio: 2.10
• Quick Ratio: 1.17

Sales & Book Value

• Annual Sales: $905.35 million
• Price / Sales: 0.72
• Cash Flow: $0.27 per share
• Price / Cash Flow: 30.86
• Book Value: $7.55 per share
• Price / Book: 1.08

Miscellaneous

• Outstanding Shares: 79,306,000
• Free Float: 77,760,000
• Market Cap: $649.52 million
• Optionable: Optionable
• Beta: 1.29