Analyst Ratings for Adtran Inc. (ADTN)

Updated: 2017-07-28

An average rating of Overweight has been given to Adtran Inc. (NASDAQ:ADTN) by analysts covering the stock. ADTN had previously received a consensus rating of Overweight a month ago.

12 analysts issued ratings on the stock, where 6 gave ADTN a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 1 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for ADTN by the analysts covering the stock. The maximum price target given was 28, implying potential capital gains of 19.91 percent. The most pessimistic price target was 18, implying a possible loss of -22.91 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 14.94 percent. The average change in earnings estimates over the last 90 days is 14.94 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 14.19 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 14.19 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

ADTN has an estimated earnings growth rate of 0.64 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. ADTN has a PEG ratio of 44.5.

ADTN has traded between a high of 24.05 and a low of 17.55 over the past year. Currently the stock is 33.05 percent higher than its low, and below the high by 2.91 percent. ADTN has a P/E ratio of 28.48. Investors typically compare the P/E ratio to a company's peers in the industry. The ADTN value stock report compares ADTN to some of its peers using value stock charts. The market cap of ADTN is $1.13 billion. ADTN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.