Alarm.com Stock Price, News & Analysis (NASDAQ:ALRM)

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alarm.com in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ALRM shares.
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5 Wall Street research analysts have issued 1 year target prices for Alarm.com's stock. Their ALRM share price targets range from $61.00 to $70.00. On average, they predict the company's stock price to reach $65.50 in the next twelve months. This suggests a possible upside of 16.0% from the stock's current price.
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Alarm.com's stock was trading at $49.48 at the beginning of the year. Since then, ALRM shares have increased by 14.1% and is now trading at $56.48.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our ALRM earnings forecast.

Alarm.com Holdings, Inc. (NASDAQ:ALRM) issued its quarterly earnings data on Thursday, November, 9th. The software maker reported $0.40 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.40. The software maker had revenue of $221.85 million for the quarter, compared to analysts' expectations of $223.65 million. Alarm.com had a net margin of 7.85% and a trailing twelve-month return on equity of 10.73%. Alarm.com's revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.37 EPS.

ETFs with the largest weight of Alarm.com (NASDAQ:ALRM) stock in their portfolio include Playtech (PTEC), MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), Motley Fool Mid-Cap Growth ETF (TMFM), SPDR S&P Kensho Intelligent Structures ETF (SIMS), iShares Cybersecurity and Tech ETF (IHAK), Invesco S&P SmallCap Information Technology ETF (PSCT) and Global X Internet of Things Thematic ETF (SNSR).

Alarm.com issued an update on its FY23 earnings guidance on Thursday, November, 9th. The company provided earnings per share (EPS) guidance of $1.90-$1.92 for the period, compared to the consensus estimate of $1.70. The company issued revenue guidance of $878.9-$881.1 million, compared to the consensus revenue estimate of $881.33 million.

131 employees have rated Alarm.com Chief Executive Officer Steve Trundle on Glassdoor.com. Steve Trundle has an approval rating of 97% among the company's employees. This puts Steve Trundle in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alarm.com investors own include NVIDIA (NVDA), Alibaba Group (BABA), Home Depot (HD), PayPal (PYPL), Bank of America (BAC), Johnson & Johnson (JNJ), CVS Health (CVS), Block (SQ), Visa (V) and Salesforce (CRM).

(ALRM) raised $98 million in an IPO on Friday, June 26th 2015. The company issued 7,000,000 shares at $13.00-$15.00 per share. Goldman Sachs, Credit Suisse and BofA Merrill Lynch acted as the underwriters for the IPO and Stifel, Raymond James, William Blair and Imperial Capital were co-managers.

Alarm.com's stock is owned by many different institutional and retail investors. Top institutional shareholders include William Blair Investment Management LLC (5.08%), Riverbridge Partners LLC (3.54%), Northern Trust Corp (1.42%), Bares Capital Management Inc. (1.34%), Charles Schwab Investment Management Inc. (0.94%) and Bank of New York Mellon Corp (0.91%). Insiders that own company stock include Daniel Kerzner, Daniel Ramos, Jeffrey A Bedell, Simone Wu, Stephen Trundle and Steve Valenzuela.
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Shares of ALRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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