La vendita allo scoperto per ADT dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di ADT. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

ADT (NYSE:ADT) Azioni, Report sulle vendite allo scoperto

ADT Inc is a provider of monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. It offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions. The company segments include Consumer and Small Business (CSB), Commercial, and Solar. It generates maximum revenue from the Commercial segment.

ADT Inc

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As the third-quarter earnings season approaches, Goldman Sachs has issued a note identifying key stock opportunities for investors looking to profit <a href="https://www.benzinga.com/news/earnings/24/10/41255250/banks-gear-up-for-earnings-season-15-top-stock-picks-including-citigroup-morgan-stanley-and-truist">from financial results.</a>
Analyst John Marshall and his team shared their insights on Thursday, highlighting 18 stocks that could benefit from upward earnings revisions and seven stocks likely to face downward revisions.
<h3 class="wp-block-heading">The &#8216;Stock Picker&#8217;s Year&#8217;: 10% Upside In S&amp;P 500</h3>
Goldman Sachs analysts call 2024 "the year of the stock picker," emphasizing the importance of selective investing in a volatile earnings environment.
According to the investment bank&#8217;s latest projections, the average S&amp;P 500 stock could see a 10% upside over the next 12 months. 
"We see relief rally potential," Marshall stated in his note. "Directional positioning in the options market is balanced, a much better set-up than this time last quarter."
The analysts also observed that activity in options markets, both from hedge funds and retail traders, has decreased recently, signaling a "wait-and-see" approach as investors prepare for third-quarter earnings reports and the upcoming U.S. elections.
<h3 class="wp-block-heading">Earnings Season Volatility Remains Elevated</h3>
Goldman Sachs highlighted that single-stock volatility surrounding earnings events remains at a 14-year high. 
This trend, driven by critical market debates on topics like artificial intelligence, interest rates, and the upcoming election, is expected to continue through the remainder of the year.
&#8220;We expect earnings day moves to remain elevated as most of the key debates for the market have winners and losers in the equity space,&#8221; the note added. 
With this heightened volatility, the firm continues to recommend options-based strategies, advising investors to consider buying options ahead of earnings events and selling options between earnings periods to capitalize on price movements.
<h3 class="wp-block-heading">18 Stocks Goldman Sachs Is Bullish On For Third-Quarter Earnings</h3>
Goldman Sachs&#8217; analysts have identified 18 stocks they believe are primed for upside as earnings revisions could be favorable. These stocks span a variety of sectors, from energy and financials to healthcare and technology.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Sector</th>
<th>Earnings Date (e)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Gap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>)</td>
<td>Discretionary</td>
<td>Nov. 15</td>
</tr>
<tr>
<td>Permian Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PR#NYSE">PR</a>)</td>
<td>Energy</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)</td>
<td>Financials</td>
<td>Oct. 15</td>
</tr>
<tr>
<td>Synchrony Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>)</td>
<td>Financials</td>
<td>Oct. 16</td>
</tr>
<tr>
<td>Amgen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>)</td>
<td>Healthcare</td>
<td>Oct. 30</td>
</tr>
<tr>
<td>Boston Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>)</td>
<td>Healthcare</td>
<td>Oct. 23</td>
</tr>
<tr>
<td>Merck &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>)</td>
<td>Healthcare</td>
<td>Oct. 31</td>
</tr>
<tr>
<td>Qiagen NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QGEN#NYSE">QGEN</a>)</td>
<td>Healthcare</td>
<td>Oct. 30</td>
</tr>
<tr>
<td>AZEK Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZEK#NYSE">AZEK</a>)</td>
<td>Industrials</td>
<td>Nov. 29</td>
</tr>
<tr>
<td>ADT Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>)</td>
<td>TMT</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)</td>
<td>TMT</td>
<td>Dec. 6</td>
</tr>
<tr>
<td>Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>)</td>
<td>TMT</td>
<td>Nov. 25</td>
</tr>
<tr>
<td>Klaviyo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVYO#NYSE">KVYO</a>)</td>
<td>TMT</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>)</td>
<td>TMT</td>
<td>Nov. 13</td>
</tr>
<tr>
<td>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>TMT</td>
<td>Nov. 21</td>
</tr>
<tr>
<td>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>)</td>
<td>TMT</td>
<td>Nov. 29</td>
</tr>
<tr>
<td>Toast Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>)</td>
<td>TMT</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>)</td>
<td>Utilities</td>
<td>Nov. 4</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">7 Stocks Goldman Sachs Is Bearish On For Third-Quarter Earnings</h3>
In contrast, the investment bank has identified seven stocks that they expect to face downward earnings revisions in the third quarter, advising investors to exercise caution.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Sector</th>
<th>Earnings Date (e)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Choice Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>)</td>
<td>Discretionary</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>)</td>
<td>Energy</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Janus Henderson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHG#NYSE">JHG</a>)</td>
<td>Financials</td>
<td>Oct. 31</td>
</tr>
<tr>
<td>LyondellBasell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>)</td>
<td>Materials</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Clorox Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLX#NYSE">CLX</a>)</td>
<td>Staples</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Kraft Heinz Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KHC#NASDAQ">KHC</a>)</td>
<td>Staples</td>
<td>Oct. 30</td>
</tr>
<tr>
<td>Upstart Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>)</td>
<td>TMT</td>
<td>Nov. 7</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
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Analyst Color

Earnings

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Tech

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Janus Henderson Group plc Ordinary Shares

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18 Stocks To Buy, 7 To Sell This Earnings Season: Goldman Sachs Calls It 'The Year Of The Stock Picker'

The Company promptly took steps to shut down the unauthorized access, notified the third party its systems had been compromised, launched an investigation, and implemented counter measures intended to safeguard the Company&rsquo;s information technology assets and operations.
ADT has hired leading third-party cybersecurity experts to assist with the Company&rsquo;s response to the incident, and is working closely with federal law enforcement. The Company is also cooperating closely with its third-party business partner to address the incident.
The Company believes the unauthorized actor exfiltrated certain encrypted internal ADT data associated with employee user accounts during the intrusion.

News

ADT Says Recently Became Aware Of Unauthorized Activity On Its Network; Says It Does Not Believe Customers' Personal Information Has Been Exfiltrated - Filing

RBC Capital analyst Ashish Sabadra maintains ADT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) with a Sector Perform and lowers the price target from $10 to $8.

Price Target

Analyst Ratings

RBC Capital Maintains Sector Perform on ADT, Lowers Price Target to $8

ADT Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) stock is trading lower on Thursday morning. The company reiterated guidance and reported earnings <a href="https://www.benzinga.com/news/24/08/40094817/adt-reiterated-fy24-revenue-of-4-8b-5-0b-vs-4-91b-est-adj-eps-of-0-65-0-75-vs-0-69-est">before the market opened</a>.
The Details: For the 2024 fiscal second quarter, ADT reported revenue of $1.20 billion, representing a 3% year-over-year growth, missing analyst estimates of $1.21 billion and reported EPS of 17 cents inline with analyst estimates.
The company reported adjusted EBITDA from continuing operations at $629 million and adjusted income from continuing operations at $156 million.
ADT also reiterated its guidance for the 2024 fiscal year. The company sees revenue between $4.8 billion and $5.08 billion versus analyst estimates of $4.91 billion. In addition, ADT sees adjusted EPS between 65 cents and 75 cents versus analyst estimates of 69 cents.
&#8220;ADT delivered a solid first half with continued revenue growth momentum, as well as strong operating profitability and cash flow generation,&#8221; said ADT chairman, president and CEO,&#8221; Jim DeVries. 
&#8220;With our streamlined focus on the consumer and small business markets, we continue to expand and improve our innovative offerings, unrivaled safety, and premium experience for security and smart home customers.&#8221;
See Also: <a href="https://www.benzinga.com/news/earnings/24/08/40101240/meta-platforms-stock-is-rallying-thursday-whats-going-on">Meta Platforms Stock Is Rallying Thursday: What&#8217;s Going On?</a>
ADT Price Action: At the time of publication, ADT stock is trading 8.48% lower at $7.12, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Courtesy of ADT

Movers

What's Going On With ADT Shares Thursday?

2024 Financial&nbsp;Outlook
The Company is reiterating its 2024 financial&nbsp;guidance&nbsp;for Total Revenue, Adjusted EBITDA, and Adjusted Free Cash Flow while updating the range for Adjusted EPS to reflect the presentation of the solar business as a discontinued operation.
<table align="center">
<tbody>
<tr>
<td>(in millions, except per share data)</td>
</tr>
<tr>
<td>Total Revenue</td>
<td>$4,800&nbsp;-&nbsp;$5,000</td>
</tr>
<tr>
<td>Adjusted EBITDA</td>
<td>$2,525&nbsp;-&nbsp;$2,625</td>
</tr>
<tr>
<td>Adjusted EPS</td>
<td>$0.65&nbsp;-&nbsp;$0.75</td>
</tr>
<tr>
<td>Adjusted Free Cash Flow
			(including interest rate swaps)</td>
<td>$700&nbsp;-&nbsp;$800</td>
</tr>
<tr>
<td colspan="3">The Company is not providing forward-looking&nbsp;guidance&nbsp;for U.S. GAAP financial measures other than Total Revenue or a quantitative reconciliation to the most directly comparable GAAP measure for its non-GAAP financial&nbsp;guidance&nbsp;shown above because the GAAP measures cannot be reliably estimated and the reconciliations cannot be performed without unreasonable effort due to their dependence on future uncertainties and adjusting items that the Company cannot reasonably predict at this time but which may be material. Please see &quot;Non-GAAP Measures&quot; for additional information.</td>
</tr>
</tbody>
</table>

Guidance

ADT Reiterated FY24 Revenue Of $4.8B-$5.0B Vs $4.91B Est, Adj EPS Of $0.65-$0.75 Vs $0.69 Est

Earnings Misses

ADT Q2 2024 Adj. EPS $0.17, Inline, Sales $1.205B Miss $1.210B Estimate

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 <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer discretionary sector.
<h3 class="wp-block-heading">ADT Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>)</h3>
<ul>
<li>Dividend Yield: 3.07%</li>
<li>Barclays analyst Manav Patnaik maintained an Underweight rating and cut the price target from $8 to $7 on March 22. This analyst has an accuracy rate of 78%.</li>
<li>RBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating with a price target of $10 on Sept. 25, 2023. This analyst has an accuracy rate of 69%.</li>
<li>Recent News: On June 17, ADT named Dan Houston and Danielle Tiedt to the company&#8217;s board of directors.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071024&amp;t=be2bearmibe3na1">Benzinga Pro's real-time newsfeed</a> alerted to latest ADT's news</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="683" height="713" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/10051144/Screenshot-2024-07-10-at-2.41.39-PM.png" alt="" class="wp-image-428127" style="width:392px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/10051144/Screenshot-2024-07-10-at-2.41.39-PM.png 683w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/10051144/Screenshot-2024-07-10-at-2.41.39-PM-287x300.png 287w" sizes="(max-width: 683px) 100vw, 683px" /></a></figure>
<h3 class="wp-block-heading">Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>)</h3>
<ul>
<li>Dividend Yield: 3.13%</li>
<li>Wedbush analyst Nick Setyan reiterated a Neutral rating with a price target of $81 on June 28. This analyst has an accuracy rate of 83%.</li>
<li>Piper Sandler analyst Brian Mullan maintained a Neutral rating and slashed the price target from $88 to $85 on May 6. This analyst has an accuracy rate of 85%.</li>
<li>Recent News: On June 20, Starbucks announced a quarterly cash dividend of 57 cents per share of outstanding common stock.</li>
<li>Benzinga Pro's charting tool helped identify the <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071024&amp;t=be2bearmibe3na1">trend in SBUX stock</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="686" height="750" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/10051221/Screenshot-2024-07-10-at-2.42.16-PM.png" alt="" class="wp-image-428128" style="width:455px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/10051221/Screenshot-2024-07-10-at-2.42.16-PM.png 686w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/10051221/Screenshot-2024-07-10-at-2.42.16-PM-274x300.png 274w" sizes="(max-width: 686px) 100vw, 686px" /></a></figure>
<h3 class="wp-block-heading">Kontoor Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KTB#NYSE">KTB</a>)</h3>
<ul>
<li>Dividend Yield: 3.13%</li>
<li>Stifel analyst Jim Duffy maintained a Buy rating and raised the price target from $77 to $80 on June 14. This analyst has an accuracy rate of 73%.</li>
<li>UBS analyst Jay Sole maintained a Buy rating and increased the price target from $83 to $85 on Feb. 16. This analyst has an accuracy rate of 74%.</li>
<li>Recent News: On May 2, Kontoor Brands reported better-than-expected first-quarter financial results and issued FY24 adjusted EPS results above estimates.</li>
<li>Benzinga Pro's signals feature notified of a potential <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071024&amp;t=be2bearmibe3na1">breakout in KTB's shares</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="673" height="630" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/10051258/Screenshot-2024-07-10-at-2.42.53-PM.png" alt="" class="wp-image-428130" style="width:496px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/10051258/Screenshot-2024-07-10-at-2.42.53-PM.png 673w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/10051258/Screenshot-2024-07-10-at-2.42.53-PM-300x281.png 300w" sizes="(max-width: 673px) 100vw, 673px" /></a></figure>
Read More: 
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<li><a href="https://www.benzinga.com/news/earnings/24/07/39690602/delta-air-lines-likely-to-report-lower-q2-earnings-here-are-the-recent-forecast-changes-from-wall-s">Delta Air Lines Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a></li>
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Dividends

Pre-Market Outlook

Markets

Trading Ideas

SBUX

Wall Street's Most Accurate Analysts Weigh In On 3 Consumer Stocks Delivering High-Dividend Yields

The Company is reiterating its financial&nbsp;guidance&nbsp;for 2024.
<table align="center">
<tbody>
<tr>
<td>(in millions, except per share data)</td>
</tr>
<tr>
<td>CSB Total Revenue</td>
<td>$4,800&nbsp;-&nbsp;$5,000</td>
</tr>
<tr>
<td>CSB Adjusted EBITDA</td>
<td>$2,525&nbsp;-&nbsp;$2,625</td>
</tr>
<tr>
<td>Adjusted EPS</td>
<td>$0.60&nbsp;-&nbsp;$0.70</td>
</tr>
<tr>
<td>Adjusted Free Cash Flow
			(including interest rate swaps)</td>
<td>$700&nbsp;-&nbsp;$800</td>
</tr>
</tbody>
</table>

ADT Reiterated FY24 CSB Total Revenue of $4.8B-$5.0B, Adj EPS of $0.60-$0.70 Vs $0.58 Est

ADT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) 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.

Earnings Beats

ADT Q1 2024 Adj EPS $0.16 Beats $0.12 Estimate, Sales $1.209B Beat $1.192B Estimate

Management

ADT Appoints Jeff Likosar As CFO

ADT Names Jeffrey A. Likosar As CFO

Barclays analyst Manav Patnaik maintains ADT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) with a Underweight and lowers the price target from $8 to $7.

Barclays Maintains Underweight on ADT, Lowers Price Target to $7

WIIM

ADT shares are trading lower after the company announced the pricing of a secondary public offering of 65 million common shares at $6.50 per share.

In addition, ADT has authorized the concurrent purchase from the underwriters of 15,000,000 shares of common stock as part of the secondary public offering (the &quot;Share Repurchase&quot;) subject to the completion of the offering. The Share Repurchase is part of the Company&#39;s existing&nbsp;$350 million&nbsp;share repurchase program. The underwriters will not receive any underwriting fees for the shares being repurchased by the Company.

ADT Announces Pricing Of Secondary Public Offering Of 65M Common Shares At $6.50/Share And Concurrent Share Repurchase

ADT Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) shares are trading lower after the bell on Wednesday after the company announced a <a href="https://www.benzinga.com/pressreleases/24/03/g37521083/adt-announces-launch-of-secondary-public-offering-of-common-stock-and-concurrent-share-repurchase">secondary public offering and share repurchase</a>.
What Happened: Security provider ADT has commenced a proposed secondary public offering of 55 million shares of its common stock held by certain entities managed by affiliates of Apollo Global Management. The underwriters will have a 30-day option to purchase up to an additional 8.25 million shares.
ADT is not selling any shares and will not receive any proceeds from the offering. The company said it will be concurrently buying 15 million shares from the underwriters as part of the secondary offering. The share repurchase will be part of the company&#8217;s existing $350 million buyback authorization.
See Also: <a href="https://www.benzinga.com/news/earnings/24/03/37522113/victorias-secret-stock-is-spiraling-lower-whats-going-on">Victoria&#8217;s Secret Stock Is Spiraling Lower: What&#8217;s Going On?</a>
<h2 class="wp-block-heading">Is ADT A Good Stock To Buy?</h2>
Wall Street analysts view ADT on the whole as a Buy, given the history of coverage over the past three months. George Tong from Goldman Sachs in ADT is the most optimistic, expecting a 10.67% rise in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past three months, ADT rose 19.52%, which indicates that opinion improved on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which fell 25.71% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href="https://www.benzinga.com/analyst-stock-ratings">here</a>, while real time updates on the latest analyst actions will be delivered via <a href="https://pro.benzinga.com">Benzinga PRO</a>. Try it for free.
ADT Price Action: <a href="https://www.benzinga.com/quote/ADT">ADT shares </a>were down 9.57% after hours at $6.76 following the announcement, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: 3844328 from Pixabay.

Offerings

ADT Stock Is Tumbling After Hours: What's Happening?

ADT shares are trading lower after the company announced the launch of a secondary public offering of common stock and a concurrent share repurchase.

&nbsp;ADT Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) (&quot;ADT&quot; or the &quot;Company&quot;) today announced the commencement of a proposed secondary public offering of 55,000,000 shares of the Company&#39;s common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the &quot;Selling Stockholders&quot;). The underwriters will have a 30-day option to purchase up to an additional 8,250,000 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. 
&nbsp;
In addition, ADT has authorized the concurrent purchase from the underwriters of 15,000,000 shares of common stock as part of the secondary public offering (the &quot;Share Repurchase&quot;) subject to the completion of the offering. The Share Repurchase is part of the Company&#39;s existing&nbsp;$350 million&nbsp;share repurchase program. The underwriters will not receive any underwriting fees for the shares being repurchased by the Company.
Morgan Stanley, Barclays, Apollo Global Securities and RBC Capital Markets are acting as book-running managers for the proposed offering.

ADT Announces Launch Of Secondary Public Offering Of 55M Common Stock And 15M Concurrent Share Repurchase, The Share Repurchase Is Part Of The Co's Existing $350M Share Repurchase Program

<h3>Gainers</h3>
<ul>
<li>Rush Street Interactive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSI#NYSE">RSI</a>) stock rose 16.9% to $6.3 during Wednesday's after-market session. The market value of their outstanding shares is at $451.1 million. As per the news, the Q4 earnings report came out today. </li>
<li>Grove Collaborative Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GROV#NYSE">GROV</a>) shares increased by 6.72% to $2.38. The market value of their outstanding shares is at $89.1 million. The company's, Q4 earnings came out today. </li>
<li>JX Luxventure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JXJT#NASDAQ">JXJT</a>) shares moved upwards by 5.1% to $1.44. The company's market cap stands at $8.7 million. </li>
<li>Golden Heaven Group Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDHG#NASDAQ">GDHG</a>) shares moved upwards by 5.07% to $0.54. The company's market cap stands at $27.7 million. </li>
<li>PetMed Express (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PETS#NASDAQ">PETS</a>) shares rose 4.82% to $5.21. The company's market cap stands at $110.1 million. </li>
<li>ZHONGCHAO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCMD#NASDAQ">ZCMD</a>) shares increased by 4.67% to $2.24. The market value of their outstanding shares is at $5.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Victoria's Secret (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) stock declined by 19.1% to $20.72 during Wednesday's after-market session. The company's market cap stands at $1.6 billion. The company's, Q4 earnings came out today. </li>
<li>ADT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) shares decreased by 9.51% to $6.76. The market value of their outstanding shares is at $6.2 billion. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXA#NASDAQ">CNXA</a>) stock fell 3.31% to $0.22. As per the press release, Q3 earnings came out yesterday. </li>
<li>NWTN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWTN#NASDAQ">NWTN</a>) shares fell 3.2% to $3.03. The market value of their outstanding shares is at $867.1 million. </li>
<li>Newegg Commerce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEGG#NASDAQ">NEGG</a>) stock decreased by 2.92% to $1.0. The company's market cap stands at $380.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Goldman Sachs analyst George Tong maintains ADT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) with a Buy and raises the price target from $7.5 to $8.3.

Goldman Sachs Maintains Buy on ADT, Raises Price Target to $8.3

ADT Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) reported fourth-quarter fiscal 2023 sales decline of 7.2% year-on-year to $1.22 billion,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/02/g37359090/adt-reports-fourth-quarter-and-full-year-2023-results" rel="noreferrer noopener">missing the consensus of $1.44 billion.</a>
Adjusted EPS was $0.25, beating the consensus of $0.04. The end-of-period recurring monthly revenue (RMR) of $353 million rose 4% YoY.
Trailing 12-month gross customer revenue attrition was 12.9%, a 10-basis-point improvement versus the prior year period.
Total Consumer and Small Business revenue was $1.2 billion for the quarter, up 5% versus the prior year.
In January, ADT announced it will be exiting its residential solar business following the previously announced footprint restructuring and<a target="_blank" href="https://www.benzinga.com/markets/equities/24/01/36785220/why-smart-home-technology-company-adt-shares-are-rocketing-today" rel="noreferrer noopener">&nbsp;detailed strategic review.</a>
During the fiscal the company reduced debt by $2.1 billion, improved borrowing costs by ~35 basis points, and extended debt maturities.
Adjusted EBITDA from continuing operations in the quarter was $599 million, up 1% Y/Y.
The net cash provided by operating activities during the quarter was $412 million (-27% Y/Y. ADT returned $32 million to shareholders in dividends during the quarter and $129 million for the fiscal.
2024 Outlook:&nbsp;ADT expects CSB segment revenue of 4.8 billion-$5.0 billion. The company expects adjusted EPS of $0.60 &#8211; $0.70, against consensus of $0.50.
The company sees Adjusted FCF, including interest rate&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">swaps, of $700 million &#8211; $800 million.</a>
Price Action:&nbsp;ADT shares traded higher by 7.5% at $7.02 on the last check Wednesday.

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