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.

Investment analysts gave a few price targets for ADTN. The most optimistic analyst gave a price target of 28, implying potential capital gains of 19.91 percent. The most pessimistic analyst gave a price target of 18, which equates to a potential downside 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. Meanwhile, fiscal year estimates have been revised upwards by 14.19 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 14.19 percent.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, 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. 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 that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ADTN is 44.5.

In the last 52-weeks, ADTN has achieved a high of 24.05 and a low of 17.55. The current market price is above the trailing year's low by 33.05 percent, and 2.91 percent lower than its 52-week high. 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 stock has a market capitalization of $1.13 billion. ADTN's next earnings release will be on 0000-00-00, which is days away.