Should I buy or sell ARB IOT Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARB IOT Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ARBB shares. View ARBB analyst ratings or view top-rated stocks .

What is ARB IOT Group's stock price target for 2024?

1 equities research analysts have issued 12 month price targets for ARB IOT Group's shares. Their ARBB share price targets range from $8.00 to $8.00. On average, they predict the company's share price to reach $8.00 in the next year. This suggests a possible upside of 708.1% from the stock's current price. View analysts price targets for ARBB or view top-rated stocks among Wall Street analysts .

How have ARBB shares performed in 2023?

ARB IOT Group's stock was trading at $3.93 at the start of the year. Since then, ARBB shares have decreased by 74.8% and is now trading at $0.99. View the best growth stocks for 2023 here .

Are investors shorting ARB IOT Group?

ARB IOT Group saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 800 shares, a decline of 80.5% from the October 31st total of 4,100 shares. Based on an average daily trading volume, of 12,700 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company's shares are sold short. View ARB IOT Group's Short Interest .

When did ARB IOT Group IPO?

(ARBB) raised $6 million in an IPO on Wednesday, April 5th 2023. The company issued 1,300,000 shares at $4.00-$6.00 per share. Maxim Group LLC acted as the underwriter for the IPO.

How do I buy shares of ARB IOT Group?

Shares of ARBB 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. Compare Top Brokerages Here .

ARB IOT Group Stock Price, News & Analysis (NASDAQ:ARBB)

$0.99

0.00 (-0.04%)

(As of 08:41 AM ET)

Compare

Today's Range: $0.99
▼
$0.99
50-Day Range: $0.87
▼
$1.89
52-Week Range: $0.81
▼
$5.40

Volume: 107 shs
Average Volume: 106,929 shs
Market Capitalization: $26.16 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.00

Stock Analysis Analyst Forecasts Chart Competitors Financials Headlines SEC Filings Short Interest Social Media

ARB IOT Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 708.1% Upside
$8.00 Price Target
Short Interest: Healthy
0.06% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.57 out of 5 stars

Computer And Technology Sector

93rd out of 592 stocks

Computer Integrated Systems Design Industry

6th out of 33 stocks

3.5

Analyst's Opinion

Consensus Rating
ARB IOT Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.00, ARB IOT Group has a forecasted upside of 708.1% from its current price of $0.99.
Amount of Analyst Coverage
ARB IOT Group has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.06% of the float of ARB IOT Group has been sold short.
Short Interest Ratio / Days to Cover
ARB IOT Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in ARB IOT Group has recently decreased by 80.49%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
ARB IOT Group does not currently pay a dividend.
Dividend Growth
ARB IOT Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ARBB.

2.5

News and Social Media Coverage

News Sentiment
ARB IOT Group has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for ARB IOT Group this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ARB IOT Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.01% of the stock of ARB IOT Group is held by institutions.

N/A

Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

About ARB IOT Group Stock (NASDAQ:ARBB)

ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services in Malaysia. It offers IoT smart home and building solutions, such as design, procurement, and provision of smart home products and devices; integration services; and electrical wire installation and home data network setup for homeowners, as well as provides smart building solutions, including design, procurement, installation, testing, pre-commissioning and commissioning of various IoT systems, solutions, and devices; and integration of automated systems for smart buildings, including installation of wire and wireless, and mechatronic works for property developers and contractors. The company offers IoT smart agriculture solutions, such as designing the layout of the smart farm for the application and integration of IoT in farming and hydroponics, which includes the procurement of sensors and surveillance cameras, as well as other hardware for farm; designing of software to enable transfer of data from the smart farm to a cloud server, which can then be accessed remotely through smart devices; installing, testing, and commissioning of the hardware and software; and after-sales services comprising data analytics and periodic maintenance services. In addition, it provides IoT system development solutions, including procuring, supplying, and delivering industrial building systems for construction projects; and IoT gadget distribution solutions comprising supply chain and distribution of smart phones, accessories, and ICT and IoT products, as well as provides shipping tracking and status updates, customer care line, online chat support, digital marketing, pre-installation, and warranty services. The company was incorporated in 2022 and is based in Kuala Lumpur, Malaysia. ARB IOT Group Limited is a subsidiary of ARB Berhad.

ARBB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ARBB Stock News Headlines

December 3, 2023 | americanbankingnews.com

Analyzing Science Applications International (NYSE:SAIC) & ARB IOT Group (NASDAQ:ARBB)

November 29, 2023 | americanbankingnews.com

ARB IOT Group Limited (NASDAQ:ARBB) Short Interest Update

December 6, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.

November 3, 2023 | finance.yahoo.com

ARB IOT Group Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

November 1, 2023 | morningstar.com

ARB IOT Group Ltd ARBB

July 20, 2023 | finance.yahoo.com

ARBB - ARB IOT Group Limited

July 5, 2023 | finance.yahoo.com

Is ARB IOT Group Limited's (NASDAQ:ARBB) 16% ROE Better Than Average?

May 14, 2023 | uk.investing.com

ARB IOT Group Ltd (ARBB)

December 6, 2023 | Financial Alphas (Ad)

Countries Are Investing Heavily Into Securing Energy Independence

There's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.

April 28, 2023 | wsj.com

ARB IOT Group Ltd.

April 24, 2023 | finance.yahoo.com

ARB IOT Group Limited Announces Closing of $5.0 Million Initial Public Offering

See More Headlines

Receive ARBB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ARB IOT Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Today: 12/06/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer integrated systems design
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:ARBB
CUSIP: N/A
CIK: 1930179
Web: www.arbiotgroup.com
Phone: 60-3-2276-1143
Fax: N/A
Employees: 53
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.00
High Stock Price Target: $8.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +708.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $242.13 million
Price / Sales: 0.11
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 26,438,000
Free Float: N/A
Market Cap: $26.17 million
Optionable: Not Optionable
Beta: N/A

13 Stocks Institutional Investors Won't Stop Buying

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

Mr. Kok Leong Liew (Age 50)
Chairman of the Board & CEO
Mr. Kok Wah Ng (Age 45)
CFO & Director
Mr. Zi Shen Hong (Age 42)
Chief Technology Officer

Key Competitors

View All Competitors

ARBB Stock Analysis - Frequently Asked Questions

Should I buy or sell ARB IOT Group stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARB IOT Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ARBB shares.
View ARBB analyst ratings or view top-rated stocks.
What is ARB IOT Group's stock price target for 2024?: 1 equities research analysts have issued 12 month price targets for ARB IOT Group's shares. Their ARBB share price targets range from $8.00 to $8.00. On average, they predict the company's share price to reach $8.00 in the next year. This suggests a possible upside of 708.1% from the stock's current price.
View analysts price targets for ARBB or view top-rated stocks among Wall Street analysts.
How have ARBB shares performed in 2023?: ARB IOT Group's stock was trading at $3.93 at the start of the year. Since then, ARBB shares have decreased by 74.8% and is now trading at $0.99.
View the best growth stocks for 2023 here.
Are investors shorting ARB IOT Group?: ARB IOT Group saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 800 shares, a decline of 80.5% from the October 31st total of 4,100 shares. Based on an average daily trading volume, of 12,700 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company's shares are sold short.
View ARB IOT Group's Short Interest.

When did ARB IOT Group IPO?: (ARBB) raised $6 million in an IPO on Wednesday, April 5th 2023. The company issued 1,300,000 shares at $4.00-$6.00 per share. Maxim Group LLC acted as the underwriter for the IPO.
How do I buy shares of ARB IOT Group?: Shares of ARBB 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.
Compare Top Brokerages Here.

This page (NASDAQ:ARBB) was last updated on 12/6/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

ARB IOT Group Stock Price, News & Analysis (NASDAQ:ARBB)