ADTN - ADTRAN, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
11.24
+0.72 (+6.84%)
At close: 4:00PM EDT
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Price Crosses Moving Average

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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close10.52
Open10.80
Bid0.00 x 800
Ask0.00 x 1100
Day's Range10.78 - 11.31
52 Week Range4.80 - 16.40
Volume361,990
Avg. Volume394,882
Market Cap539.042M
Beta (5Y Monthly)1.34
PE Ratio (TTM)N/A
EPS (TTM)-1.34
Earnings DateJul 15, 2020 - Jul 20, 2020
Forward Dividend & Yield0.36 (3.42%)
Ex-Dividend DateMay 20, 2020
1y Target Est13.80
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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We see a renewed Telco focus on Wireline and on the Edge of the network where Adtran plays,” he commented.When it comes to its Fiber products, the last few years have seen the company place a significant focus on this aspect of the business, with it revamping its PON capabilities and offering Fiber platforms with innovative SDN and Cloud features.According to Genovese, these efforts have already paid off. “Over the past year, Adtran has successfully transitioned its largest copper customers, CenturyLink and DT (DTE), into large fiber customers. Adtran's 1Q20 its Fiber revenues were up 26% year-over-year. Last month, ADTN announced a win with DT to add significantly more Fiber over the next several years,” the analyst stated.Adding to the good news, the company revealed BT Openreach had chosen it to help it make multi-gigabit services available to 20 million homes in the UK. It should be noted that in the UK, Huawei equipment can only account for 35% of the Broadband Access network. 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