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


The leading market experts have placed a mean price target of $20.00 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 $0.24 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 $18.70, and stock is hovering 0.08 or +0.44% distant from $18.70. It is noted that the 200-day MA is $18.64, and ADTRAN, Inc. stock is $0.14 or +0.77% off from this point. ADTRAN, Inc. (NASDAQ:ADTN) 52-week high is $20.80 and the 52-week low is $13.92. This explains if the stock moves $-2.02, it will post a 52-week high. In event of $+34.91% points 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 46.72. The stock last ended the trading session at $18.78 and registered a market cap of $919.68M. 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 1.16.

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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