NYSE:ARLOArlo Technologies Stock Price, Forecast & News

$2.41

+0.06 (+2.55 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$2.27

Now: $2.41▼

$2.44

50-Day Range

$1.95

MA: $2.33▼

$2.93

52-Week Range

$1.20

Now: $2.41▼

$5.13

Volume414,714 shs

Average Volume985,607 shs

Market Capitalization$188.05 million

P/E RatioN/A

Dividend YieldN/A

Beta1.17

Arlo Technologies, Inc. provides smart connected devices to monitor the environments in real-time with a Wi-Fi or a cellular network Internet connection in the Americas, Europe, the Middle-East and Africa, and the Asia Pacific regions. It offers Arlo Security Camera, a battery-operated Wi-Fi security camera; Arlo Q and Arlo Q Plus, an indoor wired solution that allow users to monitor their surroundings; Arlo Pro, a battery-operated weather-resistant Wi-Fi camera; Arlo Go, an LTE-enabled wire-free camera that provides untethered mobile monitoring; and Arlo Baby, a baby monitor with air quality and temperature sensors, motion and audio detection, and advanced night vision. The company also offers Arlo Pro 2, a battery-operated weather-resistant Wi-Fi camera with advancements in sound and motion detection; Arlo Security Light, a wire-free lighting product; Arlo Audio Doorbell, a smart audio doorbell solution to pair with Arlo camera or Arlo Security Light products; Arlo Chime, a product that plugs into standard wall outlet and pairs with the Arlo Audio Doorbell to play various ringtones or act as a siren; and accessories, such as charging accessories, device mounts, and device skins. In addition, it provides Arlo app for iOS and Android devices that allow users to connect various devices; and prepaid services, including even-day cloud video storage with the ability to connect up to five cameras and 90 days of customer support. The company offers its products through retail channels, wholesale distribution and wireless carrier channels, and paid subscription services through in-app purchases. Arlo Technologies, Inc. was incorporated in 2018 and is headquartered in San Jose, California.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Arlo Technologies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $3.75, Arlo Technologies has a potential upside of 55.6% from its current price of $2.41.
Amount of Analyst Coverage
Arlo Technologies has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
Arlo Technologies has received 155 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Arlo Technologies has received 200 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Arlo Technologies has received 56.34% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Arlo Technologies and other stocks. Vote “Outperform” if you believe ARLO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ARLO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Arlo Technologies does not currently pay a dividend.
Dividend Growth
Arlo Technologies does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Arlo Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,387.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.74% of the stock of Arlo Technologies is held by insiders.
Percentage Held by Institutions
74.56% of the stock of Arlo Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Arlo Technologies are expected to grow in the coming year, from ($1.68) to ($1.08) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Arlo Technologies is -2.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Arlo Technologies is -2.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Arlo Technologies has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.09 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Household audio & video equipment

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:ARLO

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.arlo.com

Phone408-890-3900

Debt

Debt-to-Equity Ratio0.16

Current Ratio1.79

Quick Ratio1.47

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$370.01 million

Price / Sales0.51

Cash FlowN/A

Price / Cash FlowN/A

Book Value$2.69 per share

Price / Book0.90

Profitability

EPS (Most Recent Fiscal Year)($1.14)

Net Income$-85,950,000.00

Net Margins-22.25%

Return on Equity-43.93%

Return on Assets-18.71%

Miscellaneous

Employees386

Outstanding Shares78,030,000

Market Cap$188.05 million

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Arlo Technologies (NYSE:ARLO) Frequently Asked Questions

How has Arlo Technologies' stock been impacted by COVID-19 (Coronavirus)?

Arlo Technologies' stock was trading at $2.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ARLO shares have decreased by 3.6% and is now trading at $2.41. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Arlo Technologies?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arlo Technologies in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Arlo Technologies.

When is Arlo Technologies' next earnings date?

Arlo Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Arlo Technologies.

How were Arlo Technologies' earnings last quarter?

Arlo Technologies Inc (NYSE:ARLO) released its quarterly earnings data on Monday, May, 11th. The company reported ($0.34) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.46) by $0.12. The company earned $65.45 million during the quarter, compared to analyst estimates of $66.15 million. Arlo Technologies had a negative return on equity of 43.93% and a negative net margin of 22.25%. View Arlo Technologies' earnings history.

What guidance has Arlo Technologies issued on next quarter's earnings?

Arlo Technologies updated its second quarter 2020 After-Hours earnings guidance on Monday, May, 11th. The company provided earnings per share (EPS) guidance of -0.46--0.39 for the period, compared to the Thomson Reuters consensus estimate of $-0.31. The company issued revenue guidance of $50-60 million, compared to the consensus revenue estimate of $70.66 million.

What price target have analysts set for ARLO?

2 brokerages have issued 12-month price objectives for Arlo Technologies' stock. Their forecasts range from $3.50 to $4.00. On average, they anticipate Arlo Technologies' stock price to reach $3.75 in the next year. This suggests a possible upside of 55.6% from the stock's current price. View analysts' price targets for Arlo Technologies.

Has Arlo Technologies been receiving favorable news coverage?

Headlines about ARLO stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Arlo Technologies earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutArlo Technologies.

Are investors shorting Arlo Technologies?

Arlo Technologies saw a increase in short interest in April. As of April 15th, there was short interest totaling 2,960,000 shares, an increase of 10.4% from the March 31st total of 2,680,000 shares. Based on an average daily volume of 957,100 shares, the short-interest ratio is presently 3.1 days. Currently, 4.0% of the shares of the company are short sold. View Arlo Technologies' Current Options Chain.

Who are some of Arlo Technologies' key competitors?

Some companies that are related to Arlo Technologies include Universal Electronics (UEIC), LRAD (GNSS), Technicolor (TCLRY), LRAD (LRAD), Koss (KOSS), Provision (PVHO) and The Guitammer (GTMM). View all competitors.

What other stocks do shareholders of Arlo Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Arlo Technologies investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), NetGear (NTGR), Netflix (NFLX), Intel (INTC), AT&T (T), Target (TGT), Baidu (BIDU) and Cisco Systems (CSCO).

Who are Arlo Technologies' key executives?

Arlo Technologies' management team includes the following people:

Mr. Matthew Blake McRae, CEO & Director (Age 45)
Ms. Christine M. Gorjanc, Chief Financial Officer (Age 62)
Mr. Patrick J. Collins III, Sr. VP of Products (Age 47)
Mr. Brian Busse, Gen. Counsel & Corp. Sec. (Age 50)

When did Arlo Technologies IPO?

(ARLO) raised $194 million in an IPO on Friday, August 3rd 2018. The company issued 10,200,000 shares at a price of $18.00-$20.00 per share. BofA Merrill Lynch, Deutsche Bank Securities and Guggenheim Securities served as the underwriters for the IPO and Raymond James, Cowen and Imperial Capital were co-managers.

What is Arlo Technologies' stock symbol?

Arlo Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARLO."

Who are Arlo Technologies' major shareholders?

Arlo Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.03%), Primecap Management Co. CA (6.91%), State Street Corp (2.99%), Geode Capital Management LLC (1.40%), CNH Partners LLC (1.30%) and Bank of New York Mellon Corp (1.19%). Company insiders that own Arlo Technologies stock include Brian Busse, Christine Marie Gorjanc, Grady Summers, Matthew Blake Mcrae, Patrick Cs Lo and Ralph E Faison. View institutional ownership trends for Arlo Technologies.

Which institutional investors are selling Arlo Technologies stock?

ARLO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., AWH Capital L.P., Morgan Stanley, Canada Pension Plan Investment Board, Deutsche Bank AG, Engineers Gate Manager LP, UBS Group AG, and Nisa Investment Advisors LLC. View insider buying and selling activity for Arlo Technologies.

Which institutional investors are buying Arlo Technologies stock?

ARLO stock was bought by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Grantham Mayo Van Otterloo & Co. LLC, Acadian Asset Management LLC, State Street Corp, Invesco Ltd., Sigma Planning Corp, Two Sigma Advisers LP, and IndexIQ Advisors LLC. Company insiders that have bought Arlo Technologies stock in the last two years include Brian Busse, Christine Marie Gorjanc, Grady Summers, Matthew Blake Mcrae, Patrick Cs Lo, and Ralph E Faison. View insider buying and selling activity for Arlo Technologies.

How do I buy shares of Arlo Technologies?

Shares of ARLO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Arlo Technologies' stock price today?

One share of ARLO stock can currently be purchased for approximately $2.41.

How big of a company is Arlo Technologies?

Arlo Technologies has a market capitalization of $188.05 million and generates $370.01 million in revenue each year. The company earns $-85,950,000.00 in net income (profit) each year or ($1.14) on an earnings per share basis. Arlo Technologies employs 386 workers across the globe.

What is Arlo Technologies' official website?

The official website for Arlo Technologies is www.arlo.com.

How can I contact Arlo Technologies?

Arlo Technologies' mailing address is 3030 ORCHARD PARKWAY, SAN JOSE CA, 95134. The company can be reached via phone at 408-890-3900 or via email at [email protected]

This page was last updated on 5/25/2020 by MarketBeat.com Staff