Stock To Watch: ADTRAN, Inc. (NASDAQ:ADTN)


The leading market experts have placed a mean price target of $19.63 on ADTRAN, Inc. (NASDAQ:ADTN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.14 a share for the upcoming quarter and $0.65 for the current fiscal.

Technical View

The technical analysis of ADTRAN, Inc. plainly substantiates that the 50-day moving average of ADTRAN, Inc. is $18.23, and stock is trading $0.05 points away or +0.26% from its 50-day moving average of $18.23. Further it is trading $-0.52 or -2.77% away its 200-day moving average of $18.80. ADTRAN, Inc. (NASDAQ:ADTN) 52-week high is $21.43 and the 52-week low is $13.92.

This explains if the stock moves $-3.15, it will post a 52-week high. In event of +31.32% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of ADTRAN, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, ADTRAN, Inc. (NASDAQ:ADTN) ratio came in at 32.41.

The stock last ended the trading session at $18.28 and registered a market cap of $884.72M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. ADTRAN, Inc. (NASDAQ:ADTN) PEG ratio is at 1.12.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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