The Company is reiterating its financial guidance for 2024.
| (in millions, except per share data) | |
| CSB Total Revenue | $4,800 - $5,000 |
| CSB Adjusted EBITDA | $2,525 - $2,625 |
| Adjusted EPS | $0.60 - $0.70 |
| Adjusted Free Cash Flow (including interest rate swaps) |
$700 - $800 |
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/1/2022 | $11.00 | Buy | Citigroup |
| 10/31/2022 | $8.00 | Equal-Weight | Morgan Stanley |
| 3/3/2022 | $10.00 → $9.00 | Equal-Weight | Morgan Stanley |
| 3/2/2022 | $10.00 → $9.00 | Sector Perform | RBC Capital |
| 1/6/2022 | $10.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 1/5/2022 | $10.25 | Buy | Citigroup |
| 7/19/2021 | $12.00 | Outperform | RBC Capital Mkts |
8-K - ADT Inc. (0001703056) (Filer)
424B7 - ADT Inc. (0001703056) (Filer)
424B7 - ADT Inc. (0001703056) (Filer)
Continued strong financial results, cash generation, and leverage reduction Revenue up 5% versus prior year period GAAP income from continuing operations up 7%; Adjusted EBITDA up 6% Record-high recurring monthly revenue; solid customer retention On track to achieve full year 2024 guidance metrics BOCA RATON, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT), the most trusted brand in smart home and small business security, today reported results for the third quarter of 2024. Financial highlights for the third quarter are below with variances on a year-over-year basis unless otherwise noted. Results of the former commercial and solar segments are presented as discontinued
BOCA RATON, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT) will release its third quarter 2024 financial results before the market opens on Thursday, Oct. 24, 2024. Following the release, management will host a conference call at 10 a.m. ET to discuss the financial results and lead a question-and-answer session. Participants may listen to a live webcast through the investor relations website at investor.adt.com. A replay of the webcast will be available on the website within 24 hours of the live event. Alternatively, participants may listen to the live call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international), and providing the access code 4948265. An audio
Continued strong operating cash generation Solid revenue growth, up 3% versus prior year period Improved leverage and over $150 million debt reduction in the quarter Affirming full year 2024 guidance metrics BOCA RATON, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT), the most trusted brand in smart home and small business security, today reported results for the second quarter of 2024. Financial highlights for the second quarter are below with variances on a year-over-year basis unless otherwise noted. Results of the former commercial and solar segments are presented as discontinued operations
4 - ADT Inc. (0001703056) (Issuer)
4 - ADT Inc. (0001703056) (Issuer)
4 - ADT Inc. (0001703056) (Issuer)
BOCA RATON, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT) ("ADT" or the "Company") today announced the pricing of the previously announced secondary public offering of 56,000,000 shares of the Company's common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholders"). The offering is expected to close on October 30, 2024, subject to satisfaction of customary conditions. The underwriters will have a 30-day option to purchase up to an additional 8,400,000 shares of common stock from the Selling Stockholders. The Company is not selling any shares and will not receive any proceeds from the offering. In addition, ADT has a
BOCA RATON, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT) ("ADT" or the "Company") today announced a proposed secondary public offering of 56,000,000 shares of the Company's common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholders"). The underwriters will have a 30-day option to purchase up to an additional 8,400,000 shares of common stock from the Selling Stockholders. The Company is not selling any shares and will not receive any proceeds from the proposed offering. In addition, ADT has authorized the concurrent purchase from the underwriters of 16,000,000 shares of common stock as part of the secondary pu
Continued strong financial results, cash generation, and leverage reduction Revenue up 5% versus prior year period GAAP income from continuing operations up 7%; Adjusted EBITDA up 6% Record-high recurring monthly revenue; solid customer retention On track to achieve full year 2024 guidance metrics BOCA RATON, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT), the most trusted brand in smart home and small business security, today reported results for the third quarter of 2024. Financial highlights for the third quarter are below with variances on a year-over-year basis unless otherwise noted. Results of the former commercial and solar segments are presented as discontinued
BOCA RATON, Fla., Aug. 21, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT), the most trusted brand in smart home and small business security, today announced the appointment of Suzanne Yoon to the Company's Board of Directors as an additional independent director. "We are pleased to welcome Suzanne to our board of directors," said ADT Chairman, President and CEO, Jim DeVries. "She brings a wealth of experience, financial expertise and a deep understanding of value creation. Suzanne has a strong commitment to innovation and operational excellence, making her the perfect addition to our board." Yoon is the founder and managing partner of Kinzie Capital Partners, a Chicago-based private eq
BOCA RATON, Fla., June 17, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT), the most trusted brand in smart home and small business security, today announced the appointment of Dan Houston and Danielle Tiedt to the Company's Board of Directors as additional independent directors. In conjunction with their appointments, Houston and Tiedt will both join the Board's Nominating and Corporate Governance Committee, while Houston will also join the Board's Compensation Committee. "We are pleased to welcome Dan and Danielle to our board of directors," said ADT Chairman, President and CEO, Jim DeVries. "Dan's executive-level experience driving strategy and operational excellence, together with Dani
BOCA RATON, Fla., Jan. 09, 2023 (GLOBE NEWSWIRE) -- ADT (NYSE:ADT) today announced the appointment of Wayne Thorsen to the newly created role of Executive Vice President and Chief Business Officer, effective immediately. Thorsen will be responsible for leading ADT's product, innovation and new business development teams. "Wayne is a seasoned executive who brings valuable experience in business development, strategic partnerships and product marketing and development," said Jim DeVries, ADT President and CEO. "Wayne's expertise will accelerate our strategy to sustainably grow our business and continue to attract strategic partners by showcasing ADT's market leadership." "ADT's innovation
SC 13G/A - ADT Inc. (0001703056) (Subject)
SC 13G/A - ADT Inc. (0001703056) (Subject)
SC 13G/A - ADT Inc. (0001703056) (Subject)
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer discretionary sector. ADT Inc. (NYSE:ADT) Dividend Yield: 3.07% Barclays analyst Manav Patnaik mai
The Company is reiterating its financial guidance for 2024. (in millions, except per share data) CSB Total Revenue $4,800 - $5,000 CSB Adjusted EBITDA $2,525 - $2,625 Adjusted EPS $0.60 - $0.70 Adjusted Free Cash Flow (including interest rate swaps) $700 - $800
ADT (NYSE:ADT) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.12 by 33.33 percent. This is a 45.45 percent increase over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $1.209 billion which beat the analyst consensus estimate of $1.192 billion by 1.45 percent. This is a 25.00 percent decrease over sales of $1.612 billion the same period last year.
Citigroup resumed coverage of ADT with a rating of Buy and set a new price target of $11.00
Morgan Stanley resumed coverage of ADT with a rating of Equal-Weight and set a new price target of $8.00
Morgan Stanley reiterated coverage of ADT with a rating of Equal-Weight and set a new price target of $9.00 from $10.00 previously