Alarm.com Holdings, Inc. (NASDAQ:ALRM) Given Average Recommendation of "Hold" by Brokerages

Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM - Get Free Report) have been given an average rating of "Hold" by the seven ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $62.60.

A number of analysts have weighed in on the company. Zacks Research cut Alarm.com from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 13th. Weiss Ratings restated a "hold (c)" rating on shares of Alarm.com in a research report on Wednesday, October 8th.

Alarm.com Stock Up 1.5%

Shares of Alarm.com stock opened at $51.75 on Friday. Alarm.com has a 1-year low of $48.23 and a 1-year high of $70.06. The company has a market capitalization of $2.58 billion, a P/E ratio of 21.74, a PEG ratio of 2.58 and a beta of 1.04. The business's fifty day moving average price is $54.30 and its two-hundred day moving average price is $55.20. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.95 and a quick ratio of 1.82.

Alarm.com (NASDAQ:ALRM - Get Free Report) last issued its earnings results on Thursday, August 7th. The software maker reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.08. Alarm.com had a return on equity of 13.84% and a net margin of 13.27%.The business had revenue of $254.31 million for the quarter, compared to analysts' expectations of $243.96 million. During the same period in the previous year, the firm posted $0.58 EPS. The company's quarterly revenue was up 8.8% on a year-over-year basis. Alarm.com has set its FY 2025 guidance at 2.400-2.400 EPS. As a group, research analysts forecast that Alarm.com will post 1.64 EPS for the current year.

Hedge Funds Weigh In On Alarm.com

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bessemer Group Inc. lifted its position in Alarm.com by 304.6% during the first quarter. Bessemer Group Inc. now owns 708 shares of the software maker's stock worth $39,000 after acquiring an additional 533 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Alarm.com during the second quarter worth $43,000. Larson Financial Group LLC increased its holdings in shares of Alarm.com by 235.5% during the first quarter. Larson Financial Group LLC now owns 916 shares of the software maker's stock worth $51,000 after buying an additional 643 shares in the last quarter. Strs Ohio acquired a new stake in Alarm.com in the first quarter valued at $56,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in Alarm.com in the second quarter valued at $57,000. Institutional investors own 91.74% of the company's stock.

About Alarm.com

Alarm.com Holdings, Inc provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.

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