Currently, there are 49.33M common shares owned by the public and among those 46.74M shares have been available to trade.
The company’s stock has a 5-day price change of 0.90% and 4.08% over the past three months. ALRM shares are trading 3.57% year to date (YTD), with the 12-month market performance down to -3.92% lower. It has a 12-month low price of $51.87 and touched a high of $77.29 over the same period. ALRM has an average intraday trading volume of 347.39K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.24%, -0.21%, and 2.06% respectively.
Institutional ownership of Alarm.com Holdings Inc (NASDAQ: ALRM) shares accounts for 96.41% of the company’s 49.33M shares outstanding.
It has a market capitalization of $3.11B and a beta (3y monthly) value of 1.10. The stock’s trailing 12-month PE ratio is 27.29, while the earnings-per-share (ttm) stands at $2.31. The company has a PEG of 6.12 and a Quick Ratio of 8.20 with the debt-to-equity ratio at 1.53. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.12% over the week and 2.26% over the month.
Earnings per share for the fiscal year are expected to increase by 6.92%, and 2.73% over the next financial year. EPS should shrink at an annualized rate of 4.46% over the next five years, compared to 28.66% over the past 5-year period.
Looking at the support for the ALRM, a number of firms have released research notes about the stock. JP Morgan stated their Underweight rating for the stock in a research note on November 11, 2024, with the firm’s price target at $65-$50. Jefferies coverage for the Alarm.com Holdings Inc (ALRM) stock in a research note released on November 05, 2024 offered a Buy rating with a price target of $65. Goldman was of a view on September 06, 2024 that the stock is Neutral, while JP Morgan gave the stock Neutral rating on July 05, 2023, issuing a price target of $55. BofA Securities on their part issued Buy rating on April 20, 2022.
