On 11/7/23, ADTRAN Holdings Inc (NASDAQ: ADTN) stock suffered a major decline of -26.5%, closing at $5.39. Relative to the market the stock has been extremely weak over the last nine months and has declined -14.6% during the last week.
Current PriceTarget Research Rating
ADTN is expected to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
ADTRAN Holdings has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. ADTRAN Holdings has a slightly positive Appreciation Score of 68 but a very low Power Rating of 0, leading to the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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