Adtran (ADTN) Scheduled to Post Quarterly Earnings on Wednesday
Adtran (NASDAQ:ADTN) is scheduled to release its earnings data on Wednesday, January 22nd. Persons that wish to register for the company’s earnings conference call can do so using this link.
Shares of Adtran (NASDAQ:ADTN) opened at 24.84 on Tuesday. Adtran has a 1-year low of $18.00 and a 1-year high of $27.92. The stock’s 50-day moving average is $26. and its 200-day moving average is $25.58. The company has a market cap of $1.433 billion and a price-to-earnings ratio of 41.03.
On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Adtran in a research note to investors on Friday, October 25th. They now have a $25.00 price target on the stock. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $23.56.
ADTRAN, Inc designs, manufactures and markets solutions and provides services and support for communications networks.
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