Arm Holdings plc. ADR (NASDAQ: ARM) Is Getting Increasingly Hard To Ignore

Currently, there are 1.05B common shares owned by the public and among those 1.04B shares have been available to trade.

The company’s stock has a 5-day price change of 3.22% and 14.68% over the past three months. ARM shares are trading 88.92% year to date (YTD), with the 12-month market performance up to 175.23% higher. It has a 12-month low price of $49.82 and touched a high of $188.75 over the same period. ARM has an average intraday trading volume of 6.30 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.76%, -0.38%, and 7.16% respectively.

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Institutional ownership of Arm Holdings plc. ADR (NASDAQ: ARM) shares accounts for 5.41% of the company’s 1.05B shares outstanding.

It has a market capitalization of $148.78B and a beta (3y monthly) value of 5.05. The stock’s trailing 12-month PE ratio is 235.04, while the earnings-per-share (ttm) stands at $0.60. The company has a PEG of 8.48 and a Quick Ratio of 4.52 with the debt-to-equity ratio at 0.04. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.01% over the week and 4.52% over the month.

Earnings per share for the fiscal year are expected to increase by 22.62%, and 31.45% over the next financial year.

Looking at the support for the ARM, a number of firms have released research notes about the stock. TD Cowen stated their Buy rating for the stock in a research note on November 07, 2024, with the firm’s price target at $150-$165. Bernstein coverage for the Arm Holdings plc. ADR (ARM) stock in a research note released on October 31, 2024 offered a Underperform rating with a price target of $100. Raymond James on their part issued Outperform rating on September 13, 2024.

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