Press coverage about Alarm.com Holdings (NASDAQ:ALRM) has trended somewhat positive on Wednesday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Alarm.com Holdings earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 44.5897993043855 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- AlarmCom Hldg Inc (ALRM) Lowered to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Stocks Trending Alert: Alarm.Com Holdings, Inc., (NASDAQ:ALRM), American Superconductor Corporation, (NASDAQ … – Stocks In The News (press release) (tradingnewsnow.com)
- Alarm.com Holdings, Inc. (ALRM) Now Covered by Jefferies Group LLC (americanbankingnews.com)
- Alarm.Com Holdings, Keane, Walgreens Boots Alliance (timesofindia.indiatimes.com)
- Buy Technology Stock rating to see: Alarm.Com Holdings, Inc. (ALRM) – Street Observer (press release) (streetobserver.com)
ALRM has been the topic of a number of recent research reports. William Blair reiterated an “outperform” rating on shares of Alarm.com Holdings in a report on Thursday, September 21st. Credit Suisse Group reiterated an “outperform” rating and issued a $46.00 price objective (up from $37.00) on shares of Alarm.com Holdings in a report on Wednesday, August 9th. Jefferies Group LLC initiated coverage on shares of Alarm.com Holdings in a report on Friday, October 6th. They issued a “hold” rating and a $43.00 price objective on the stock. Stifel Nicolaus reiterated a “hold” rating and issued a $29.00 price objective on shares of Alarm.com Holdings in a report on Tuesday, July 25th. Finally, Zacks Investment Research downgraded shares of Alarm.com Holdings from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $43.10.
Alarm.com Holdings (ALRM) opened at 47.50 on Wednesday. The firm has a market capitalization of $2.22 billion, a P/E ratio of 121.48 and a beta of 1.45. The company’s 50-day moving average is $45.43 and its 200-day moving average is $45.43. Alarm.com Holdings has a one year low of $26.68 and a one year high of $48.48.
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 analysts’ consensus estimates of $0.15 by $0.14. The business had revenue of $86.00 million during the quarter, compared to analyst estimates of $81.05 million. Alarm.com Holdings had a negative return on equity of 35.68% and a net margin of 6.50%. Alarm.com Holdings’s quarterly revenue was up 33.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.15 EPS. Equities analysts forecast that Alarm.com Holdings will post $0.97 earnings per share for the current fiscal year.
In other news, insider Vii Lp Tcv sold 58,898 shares of the firm’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $43.93, for a total transaction of $2,587,389.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Stephen Trundle sold 78,542 shares of the firm’s stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $45.25, for a total value of $3,554,025.50. The disclosure for this sale can be found here. Insiders sold a total of 367,442 shares of company stock valued at $15,828,887 over the last three months. 46.80% of the stock is currently owned by insiders.
About Alarm.com Holdings
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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