Alarm.com Holdings (ALRM) Earning Somewhat Favorable Media Coverage, Accern Reports
Press coverage about Alarm.com Holdings (NASDAQ:ALRM) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Alarm.com Holdings earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the software maker an impact score of 46.102348218679 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- How Alarm.com (ALRM) Stock Stands Out in a Strong Industry (finance.yahoo.com)
- Alarm.com Holdings, Inc. (NASDAQ:ALRM) Closed Well Above Its 50 Day Average (highlightpress.com)
- Alarm.Com Holdin Up 44.2% Since SmarTrend Uptrend Call (ALRM) (mysmartrend.com)
- Alarm.com Holdings, Inc. (ALRM) Insider Sells $153,370.00 in Stock (americanbankingnews.com)
- Alarm.com Holdings, Inc. (NASDAQ:ALRM) Traded Much Higher Than Its 50 Day Moving Average (highlightpress.com)
ALRM has been the subject of a number of recent research reports. Imperial Capital increased their price objective on Alarm.com Holdings from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Thursday, June 15th. Credit Suisse Group reaffirmed an “outperform” rating and set a $46.00 price objective (up from $37.00) on shares of Alarm.com Holdings in a research report on Wednesday, August 9th. Northland Securities set a $41.00 price objective on Alarm.com Holdings and gave the stock a “buy” rating in a research report on Wednesday, July 19th. Stifel Nicolaus reaffirmed a “hold” rating and set a $34.00 price objective (up from $29.00) on shares of Alarm.com Holdings in a research report on Thursday, August 10th. Finally, Maxim Group increased their price objective on Alarm.com Holdings from $42.00 to $44.00 and gave the stock a “buy” rating in a research report on Wednesday, July 26th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $43.11.
Shares of Alarm.com Holdings (NASDAQ ALRM) opened at 45.02 on Wednesday. Alarm.com Holdings has a 12-month low of $24.52 and a 12-month high of $45.22. The firm has a market capitalization of $2.10 billion, a PE ratio of 115.14 and a beta of 1.52. The stock has a 50 day moving average price of $39.54 and a 200 day moving average price of $34.12.
Alarm.com Holdings (NASDAQ:ALRM) last released its quarterly earnings results on Tuesday, August 8th. The software maker reported $0.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.14. Alarm.com Holdings had a net margin of 6.50% and a negative return on equity of 35.68%. The business had revenue of $86 million for the quarter, compared to analysts’ expectations of $81.05 million. During the same period in the prior year, the firm earned $0.15 earnings per share. Alarm.com Holdings’s revenue was up 33.5% compared to the same quarter last year. Analysts predict that Alarm.com Holdings will post $0.97 EPS for the current fiscal year.
In other news, VP Daniel Ramos sold 34,777 shares of the stock in a transaction that occurred on Tuesday, June 13th. The shares were sold at an average price of $36.06, for a total transaction of $1,254,058.62. Following the sale, the vice president now directly owns 152,798 shares of the company’s stock, valued at $5,509,895.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jean-Paul Martin sold 20,000 shares of the stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $34.92, for a total transaction of $698,400.00. Following the sale, the insider now directly owns 150,404 shares in the company, valued at $5,252,107.68. The disclosure for this sale can be found here. Insiders have sold 220,777 shares of company stock worth $8,569,539 over the last three months. 46.80% of the stock is owned by insiders.
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Alarm.com Holdings Company Profile
Alarm.com Holdings, Inc is a platform solution for the connected property. The Company offers a suite of cloud-based solutions for the smart home and business, including interactive security, video monitoring, intelligent automation and energy management. The Company operates through two segments: Alarm.com and Other.
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