AlarmCom Hldg Inc (ALRM) Given Average Rating of “Buy” by Brokerages
Shares of AlarmCom Hldg Inc (NASDAQ:ALRM) have been assigned an average recommendation of “Buy” from the twelve brokerages that are currently covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $47.00.
Several analysts recently issued reports on ALRM shares. Roth Capital restated a “buy” rating and issued a $48.00 price objective on shares of AlarmCom in a report on Friday, September 8th. William Blair restated an “outperform” rating on shares of AlarmCom in a report on Thursday, September 21st. Jefferies Group started coverage on shares of AlarmCom in a report on Friday, October 6th. They issued a “hold” rating and a $43.00 price objective on the stock. Zacks Investment Research lowered shares of AlarmCom from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 10th. Finally, Northland Securities restated a “buy” rating and issued a $51.00 price objective on shares of AlarmCom in a report on Friday, October 13th.
In other AlarmCom news, insider David Hutz sold 3,500 shares of AlarmCom stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $47.73, for a total value of $167,055.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Stephen Trundle sold 30,000 shares of AlarmCom stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $43.77, for a total value of $1,313,100.00. Following the completion of the transaction, the chief executive officer now directly owns 222,191 shares of the company’s stock, valued at $9,725,300.07. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 274,064 shares of company stock valued at $11,831,394. 78.50% of the stock is currently owned by corporate insiders.
Shares of AlarmCom (NASDAQ:ALRM) opened at $36.81 on Friday. The stock has a market cap of $1,730.05, a PE ratio of 40.78, a P/E/G ratio of 3.15 and a beta of 1.27. AlarmCom has a fifty-two week low of $26.68 and a fifty-two week high of $49.49. The company has a debt-to-equity ratio of -0.81, a current ratio of 3.16 and a quick ratio of 2.88.
AlarmCom (NASDAQ:ALRM) last issued its quarterly earnings data on Wednesday, November 8th. The software maker reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. The firm had revenue of $90.00 million for the quarter, compared to analyst estimates of $83.04 million. AlarmCom had a net margin of 9.97% and a negative return on equity of 42.00%. AlarmCom’s revenue was up 32.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.19 EPS. equities analysts predict that AlarmCom will post 0.82 earnings per share for the current year.
AlarmCom 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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