Alarm.com (NASDAQ:ALRM) Reaches New 52-Week Low – What’s Next?

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $41.49 and last traded at $42.76, with a volume of 26408 shares. The stock had previously closed at $42.13.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ALRM shares. JPMorgan Chase & Co. cut their target price on shares of Alarm.com from $55.00 to $40.00 and set an “underweight” rating for the company in a report on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alarm.com in a research note on Friday, April 24th. Barclays lifted their price objective on shares of Alarm.com from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, May 8th. Finally, Zacks Research downgraded shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $47.50.

Check Out Our Latest Analysis on Alarm.com

Alarm.com Stock Up 0.0%

The business’s 50 day moving average is $45.21 and its 200 day moving average is $48.20. The company has a quick ratio of 4.55, a current ratio of 5.16 and a debt-to-equity ratio of 0.57. The company has a market cap of $2.09 billion, a P/E ratio of 17.57, a P/E/G ratio of 1.48 and a beta of 0.79.

Alarm.com (NASDAQ:ALRMGet Free Report) last announced its earnings results on Thursday, May 7th. The software maker reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.05. The business had revenue of $265.19 million for the quarter, compared to analysts’ expectations of $250.94 million. Alarm.com had a return on equity of 14.99% and a net margin of 12.36%.The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 EPS. Alarm.com has set its FY 2026 guidance at 2.810-2.810 EPS. As a group, equities analysts anticipate that Alarm.com Holdings, Inc. will post 2.24 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Alarm.com news, CFO Kevin Christopher Bradley sold 1,510 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $45.97, for a total transaction of $69,414.70. Following the completion of the sale, the chief financial officer directly owned 51,546 shares of the company’s stock, valued at approximately $2,369,569.62. This represents a 2.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Amundi grew its holdings in Alarm.com by 6.8% in the first quarter. Amundi now owns 17,532 shares of the software maker’s stock worth $920,000 after purchasing an additional 1,113 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Alarm.com by 7.8% in the 1st quarter. AQR Capital Management LLC now owns 59,005 shares of the software maker’s stock worth $3,284,000 after purchasing an additional 4,246 shares in the last quarter. Woodline Partners LP acquired a new stake in shares of Alarm.com in the 1st quarter worth $514,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Alarm.com by 4.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,200 shares of the software maker’s stock worth $7,301,000 after buying an additional 6,080 shares during the last quarter. Finally, Jane Street Group LLC increased its position in Alarm.com by 610.0% during the 1st quarter. Jane Street Group LLC now owns 114,715 shares of the software maker’s stock valued at $6,384,000 after buying an additional 98,557 shares in the last quarter. Institutional investors own 91.74% of the company’s stock.

Alarm.com Company Profile

(Get Free Report)

Alarm.com Holdings, Inc provides a cloud-based software platform for connected properties, enabling residential and commercial customers to monitor, manage and control security, energy and home automation solutions. The company’s interactive services connect security systems, smart thermostats, door locks, lights and video cameras through cellular, broadband and Z-Wave networks, offering real-time alerts and remote access via mobile and web applications.

Through its platform, Alarm.com delivers an integrated suite of products that includes intrusion detection, video monitoring and cloud recording, energy management features such as smart thermostat scheduling, and home automation controls for lighting, garage doors and connected appliances.

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