Arm Holdings plc. ADR (ARM) concluded trading on Wednesday at a closing price of $179.93, with 27.13 million shares of worth about $4.88 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.02% during that period and on January 22, 2025 the price saw a gain of about 15.93%. Currently the company’s common shares owned by public are about 1.05B shares, out of which, 1.05B shares are available for trading.
Stock saw a price change of 28.47% in past 5 days and over the past one month there was a price change of 31.76%. Year-to-date (YTD), ARM shares are showing a performance of 45.86% which increased to 128.98% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $69.32 but also hit the highest price of $188.75 during that period. The average intraday trading volume for Arm Holdings plc. ADR shares is 5.09 million. The stock is currently trading 28.42% above its 20-day simple moving average (SMA20), while that difference is up 29.11% for SMA50 and it goes to 31.55% higher than SMA200.
Arm Holdings plc. ADR (NASDAQ: ARM) currently have 1.05B outstanding shares and institutions hold larger chunk of about 5.28% of that.
The stock has a current market capitalization of $189.11B and its 3Y-monthly beta is at 4.60. PE ratio of stock for trailing 12 months is 297.90, while it has posted earnings per share of $0.60 in the same period. Its PEG reads 11.24 and has Quick Ratio of 4.52 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ARM, volatility over the week remained 6.30% while standing at 4.84% over the month.
Analysts are in expectations that Arm Holdings plc. ADR (ARM) stock would likely to be making an EPS of 0.34 in the current quarter, while forecast for next quarter EPS is 0.52 and it is 2.04 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.32 which is 0.36 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.29 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 23.00% while it is estimated to increase by 31.62% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on November 25, 2024 offering a Buy rating for the stock and assigned a target price of $160 to it. Coverage by Wells Fargo stated Arm Holdings plc. ADR (ARM) stock as an Overweight in their note to investors on November 22, 2024, suggesting a price target of $155 for the stock. On November 07, 2024, TD Cowen Reiterated their recommendations, while on October 31, 2024, Bernstein Downgrade their ratings for the stock with a price target of $100. Stock get an Outperform rating from William Blair on September 18, 2024.
