Currently, there are 103.30M common shares owned by the public and among those 97.89M shares have been available to trade.
The company’s stock has a 5-day price change of -2.99% and 15.15% over the past three months. ARLO shares are trading 18.86% year to date (YTD), with the 12-month market performance up to 8.84% higher. It has a 12-month low price of $7.84 and touched a high of $17.64 over the same period. ARLO has an average intraday trading volume of 979.74K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 10.73%, 25.03%, and 16.39% respectively.
Institutional ownership of Arlo Technologies Inc (NYSE: ARLO) shares accounts for 89.05% of the company’s 103.30M shares outstanding.
It has a market capitalization of $1.38B and a beta (3y monthly) value of 1.97. The earnings-per-share (ttm) stands at -$0.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.97% over the week and 3.86% over the month.
Analysts forecast that Arlo Technologies Inc (ARLO) will achieve an EPS of 0.15 for the current quarter, 0.15 for the next quarter and 0.73 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.14 while analysts give the company a high EPS estimate of 0.14. Comparatively, EPS for the current quarter was 0.1 a year ago. Earnings per share for the fiscal year are expected to increase by 55.00%, and 18.34% over the next financial year.
Looking at the support for the ARLO, a number of firms have released research notes about the stock. Craig Hallum stated their Buy rating for the stock in a research note on February 28, 2025, with the firm’s price target at $15-$17. Craig Hallum coverage for the Arlo Technologies Inc (ARLO) stock in a research note released on November 08, 2024 offered a Buy rating with a price target of $15. ROTH MKM was of a view on October 31, 2023 that the stock is Buy, while Craig Hallum gave the stock Buy rating on June 29, 2023, issuing a price target of $17. Lake Street on their part issued Buy rating on January 25, 2022.
