Alarm.com Holdings, Inc. (NASDAQ:ALRM) concluded the trading at $97 on Friday, Jan 22, with a rise of 1.48% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $95.59 and 5Y monthly beta was reading 1.15 with its price kept floating in the range of $94.78 and $97.49 on the day. Company’s P/E ratio for the trailing 12 months is 65.63. Considering stock’s 52-week price range provides that ALRM hit a high price of $108.67 and saw its price falling to a low level of $32 during that period. Over a period of past 1-month, stock came adding 1.29% in its value.
With its current market valuation of $4.87 Billion, Alarm.com Holdings, Inc. is set to declare its quarterly results on Feb 23, 2021- Mar 01, 2021. ALRM Stock’s Forward Dividend of 0 and its yield of 0% are making investors’ thoughts stronger that it could fall further before the company announces its earnings for the current quarter. Analysts are in estimates of $0.27 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to $1.58 for 2021 with estimates of that growing to $1.63 in next year. These estimates are suggesting current year growth of 0.03% for EPS and 0.03% growth next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $146.26 Million. They suggested that in the process company could generate revenue of as low as $142.67 Million which could climb up to $147.6 Million to hit a high. The average estimate is representing an increase of 4.1% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $598.69 Million in 2021, which will be +19.2% more from revenue generated by the company last year.
In contrast, when we review ALRM stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
According to ratings assigned by 7 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 1 of them are recommending Alarm.com Holdings, Inc. (ALRM) as a Hold, while 6 are in view that stock is a Buy. Recommendation by None analysts for the stock is an Outperform while number of those analysts who rated the stock as Underperform is none, whereas none of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Buy and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the ALRM stock which is currently positioned at 17.27. It further provides that stock’s current price level is -4.45% away from its 20-day simple moving average and is 12.14% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 51.79 while volatility remained at 3.34% over the past week which changes to 3.86% when measuring it over the past month. Beta is valued at 1.15, while measure of average true range or ATR is currently at 3.85. In predicting price targets of as low as $67 and as high as $110, analysts are in agreement on assigning the stock over the next 12 months average price target of $81.2. Stock’s current price level is -30.93% above from estimated low price target while it is 13.4% below the estimated high; and even if the ALRM’s share succeeded to reach the median price of $75, then the outlook of -22.68% could come to the excitement of the investors.
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In comparing Alarm.com Holdings, Inc. (ALRM)’s stock with other industry players reveals that stock’s current price change of +1.48% and that of +112.44% over the past 12 months is in better position with that of Johnson Controls Intl (JCI) which saw its stock price raised by 0.36% in the last trading and went through an increase of 25.39% in past 12-month trading. Industry’s another major player Fortune Brands Home & Security (FBHS) has jumped 0.46% up in previous session, but over the past year has faced a rise of 31.19%, while Nortonlifelock Inc (NLOK) was also up 1.48% however its price remained floating in the green at 112.44% over the same period. Alarm.com Holdings, Inc. has a P/E ratio of 65.63 against that of Johnson Controls Intl’s 62.32 while Fortune Brands Home & Security is showing 26.35 for the same. On the other hand, the S&P 500 Index was down -0.3% in the last trading session while the Dow Jones Industrial closed the session lower at -0.57%.
Having a second look at Alarm.com Holdings, Inc. (NASDAQ:ALRM) provides that stock’s average daily trading volume for 3 months was 456.5 Million, while it jumped to 619.87 Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 49.11 Million.
Data compiled by Thomson Reuters highlights that percentage of outstanding shares held by the insiders is 9.39% while it is 96.64% for the institutional holders. The figures also indicate that as of December 30, 2020, number of stock’s short shares was 3540000 which implies a short ratio of 7.99. This shows up a 7.22% of Short Interest in company’s outstanding shares on the day. In December the standing of shares short declined as it was 4.91 Million in the previous month. Drop of -6.23% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ worries about the stock as it is hinting a further drop.
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