Currently, there are 1.05B common shares owned by the public and among those 1.05B shares have been available to trade.
The company’s stock has a 5-day price change of 4.01% and 3.21% over the past three months. ARM shares are trading 90.03% year to date (YTD), with the 12-month market performance up to 101.04% higher. It has a 12-month low price of $65.11 and touched a high of $188.75 over the same period. ARM has an average intraday trading volume of 5.37 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 2.42%, -0.31%, and 5.23% respectively.
Institutional ownership of Arm Holdings plc. ADR (NASDAQ: ARM) shares accounts for 5.25% of the company’s 1.05B shares outstanding.
It has a market capitalization of $150.08B and a beta (3y monthly) value of 4.63. The stock’s trailing 12-month PE ratio is 236.42, while the earnings-per-share (ttm) stands at $0.60. The company has a PEG of 8.92 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 5.59% over the week and 4.20% over the month.
Earnings per share for the fiscal year are expected to increase by 22.61%, and 31.44% over the next financial year.
Looking at the support for the ARM, a number of firms have released research notes about the stock. UBS stated their Buy rating for the stock in a research note on November 25, 2024, with the firm’s price target at $160. Wells Fargo coverage for the Arm Holdings plc. ADR (ARM) stock in a research note released on November 22, 2024 offered a Overweight rating with a price target of $155. TD Cowen was of a view on November 07, 2024 that the stock is Buy, while Bernstein gave the stock Underperform rating on October 31, 2024, issuing a price target of $100. William Blair on their part issued Outperform rating on September 18, 2024.
