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.
ADTN was given price targets by several analysts. The highest price target was 28, implying potential capital gains of 19.91 percent. The minimum price target given was 18, implying potential capital losses of -22.91 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 14.94 percent on average, compared to last month. That number becomes 14.94 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 14.19 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 14.19 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
ADTN has an estimated earnings growth rate of 0.64 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ADTN is 44.5.
In the trailing 52-weeks, ADTN hit 24.05 at the highest peak, while it's lowest trading point was 17.55. Currently the stock is 33.05 percent higher than its low, and below the high by 2.91 percent. ADTN has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.