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 most optimistic analyst gave a price target of 28, implying potential capital gains of 19.91 percent. The minimum price target given was 18, implying potential capital losses of -22.91 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 14.94 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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 made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of ADTN's earnings is estimated by analysts to be 0.64 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ADTN is 44.5.

ADTN has traded between a high of 24.05 and a low of 17.55 over the past year. Today's price is 33.05 percent above the 52-week low, and 2.91 percent below the high. 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 stock has a market capitalization of $1.13 billion. ADTN will post this quarters earnings in days, on 0000-00-00.