ADTRAN Holdings Inc (NASDAQ: ADTN). Extremely significant negative changes in investment behavior have recently occurred: its shorter term price trend turned down, and the stock fell on very heavy volume.
Recent notable negative changes in fundamentals have affected ADTRAN Holdings Inc (NASDAQ: ADTN). Negative developments: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ADTN is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
ADTRAN Holdings has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ADTRAN Holdings has a neutral Appreciation Score of 54 but a very low Power Rating of 5, and the Lowest Value Trend Rating results.
Recent Price Action
ADTRAN Holdings Inc (NASDAQ: ADTN) stock closed at $5.04 on 6/10/24 after a large decline of -5.6%. Moreover, this decline was accompanied by exceptionally high trading volume at 533% of normal. The stock has declined -9.2% during the last week and has been extremely weak relative to the market over the last nine months.
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