Alarm.com Holdings, Inc. (NASDAQ:ALRM) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) have been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $64.3333.

Separately, Zacks Research raised shares of Alarm.com from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 4th.

Alarm.com Stock Performance

Shares of NASDAQ:ALRM opened at $55.68 on Friday. The company’s 50 day simple moving average is $56.19 and its 200 day simple moving average is $56.11. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 23.39, a price-to-earnings-growth ratio of 2.81 and a beta of 1.07. 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 has a 1 year low of $48.23 and a 1 year high of $70.06.

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

Insider Buying and Selling at Alarm.com

In related news, CFO Kevin Christopher Bradley sold 754 shares of the business’s stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $56.75, for a total value of $42,789.50. Following the sale, the chief financial officer owned 53,056 shares of the company’s stock, valued at $3,010,928. The trade was a 1.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 5.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Alarm.com

Several institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. grew its stake in shares of Alarm.com by 95.3% in the second quarter. Osaic Holdings Inc. now owns 3,172 shares of the software maker’s stock worth $179,000 after purchasing an additional 1,548 shares during the last quarter. Centaurus Financial Inc. grew its stake in shares of Alarm.com by 3.1% in the second quarter. Centaurus Financial Inc. now owns 260,881 shares of the software maker’s stock worth $14,758,000 after purchasing an additional 7,756 shares during the last quarter. Squarepoint Ops LLC grew its stake in shares of Alarm.com by 19.7% in the second quarter. Squarepoint Ops LLC now owns 151,875 shares of the software maker’s stock worth $8,592,000 after purchasing an additional 25,020 shares during the last quarter. Public Sector Pension Investment Board lifted its holdings in Alarm.com by 4.5% in the second quarter. Public Sector Pension Investment Board now owns 324,511 shares of the software maker’s stock valued at $18,358,000 after buying an additional 13,923 shares during the period. Finally, Headlands Technologies LLC acquired a new position in Alarm.com in the second quarter valued at $194,000. Institutional investors own 91.74% of the company’s stock.

Alarm.com Company Profile

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.