Wall Street analysts expect that AlarmCom Hldg Inc (NASDAQ:ALRM) will announce $113.76 million in sales for the current quarter, Zacks Investment Research reports. Six analysts have issued estimates for AlarmCom’s earnings, with the lowest sales estimate coming in at $111.99 million and the highest estimate coming in at $114.90 million. AlarmCom posted sales of $111.40 million during the same quarter last year, which suggests a positive year-over-year growth rate of 2.1%. The company is scheduled to report its next quarterly earnings results on Thursday, February 27th.

According to Zacks, analysts expect that AlarmCom will report full-year sales of $475.64 million for the current financial year, with estimates ranging from $473.86 million to $476.80 million. For the next year, analysts forecast that the business will report sales of $543.52 million, with estimates ranging from $536.16 million to $548.40 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow AlarmCom.

AlarmCom (NASDAQ:ALRM) last issued its quarterly earnings data on Tuesday, November 5th. The software maker reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.12. The business had revenue of $127.90 million for the quarter, compared to analysts’ expectations of $114.62 million. AlarmCom had a net margin of 10.23% and a negative return on equity of 122.34%. The business’s revenue was up 14.4% on a year-over-year basis. During the same quarter last year, the company earned $0.36 EPS.

ALRM has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded shares of AlarmCom from a “hold” rating to a “strong sell” rating in a report on Friday, January 3rd. First Analysis upgraded shares of AlarmCom from an “outperform” rating to a “strong-buy” rating and set a $75.00 price target on the stock in a research report on Monday, October 21st. BidaskClub cut shares of AlarmCom from a “hold” rating to a “sell” rating in a report on Friday, December 13th. Roth Capital set a $51.00 price objective on shares of AlarmCom and gave the stock a “hold” rating in a research report on Thursday, October 10th. Finally, Imperial Capital lowered their target price on shares of AlarmCom from $58.00 to $51.00 and set an “in-line” rating on the stock in a research note on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $66.70.

In other news, CEO Stephen Trundle sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $44.83, for a total transaction of $448,300.00. Following the completion of the transaction, the chief executive officer now directly owns 257,493 shares of the company’s stock, valued at approximately $11,543,411.19. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 26.00% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. increased its stake in shares of AlarmCom by 11.9% during the second quarter. BlackRock Inc. now owns 5,650,949 shares of the software maker’s stock worth $302,326,000 after purchasing an additional 603,061 shares in the last quarter. Riverbridge Partners LLC raised its position in shares of AlarmCom by 26.4% during the 3rd quarter. Riverbridge Partners LLC now owns 1,506,830 shares of the software maker’s stock worth $70,279,000 after purchasing an additional 314,346 shares during the last quarter. FMR LLC lifted its stake in AlarmCom by 323,590.2% in the 1st quarter. FMR LLC now owns 297,795 shares of the software maker’s stock valued at $19,327,000 after buying an additional 297,703 shares in the last quarter. Pictet Asset Management Ltd. lifted its stake in AlarmCom by 43.6% in the 2nd quarter. Pictet Asset Management Ltd. now owns 749,691 shares of the software maker’s stock valued at $40,108,000 after buying an additional 227,691 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in AlarmCom by 55.3% in the 2nd quarter. Invesco Ltd. now owns 579,446 shares of the software maker’s stock valued at $31,001,000 after buying an additional 206,450 shares in the last quarter. Institutional investors and hedge funds own 99.85% of the company’s stock.

Shares of ALRM traded up $0.82 during trading hours on Friday, hitting $43.82. The stock had a trading volume of 548,635 shares, compared to its average volume of 332,673. The firm has a 50-day moving average price of $42.65 and a 200 day moving average price of $46.89. AlarmCom has a fifty-two week low of $41.06 and a fifty-two week high of $71.50. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of 33.45, a PEG ratio of 2.68 and a beta of 1.29.

AlarmCom Company Profile

Alarm.com Holdings, Inc provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.

Read More: Treasury Bonds

Get a free copy of the Zacks research report on AlarmCom (ALRM)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for AlarmCom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AlarmCom and related companies with MarketBeat.com's FREE daily email newsletter.