$0.43 Earnings Per Share Expected for Alarm.com Holdings, Inc. (NASDAQ:ALRM) This Quarter

Wall Street brokerages expect Alarm.com Holdings, Inc. (NASDAQ:ALRM – Get Rating) to post $0.43 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Alarm.com’s earnings, with the lowest EPS estimate coming in at $0.36 and the highest estimate coming in at $0.52. Alarm.com posted earnings per share of $0.54 in the same quarter last year, which would suggest a negative year-over-year growth rate of 20.4%. The firm is expected to issue its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Alarm.com will report full-year earnings of $1.89 per share for the current year, with EPS estimates ranging from $1.87 to $1.97. For the next year, analysts expect that the firm will post earnings of $2.11 per share, with EPS estimates ranging from $1.93 to $2.25. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover Alarm.com.

Alarm.com (NASDAQ:ALRM – Get Rating) last issued its quarterly earnings data on Thursday, May 5th. The software maker reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.06. Alarm.com had a net margin of 5.95% and a return on equity of 11.71%. The firm had revenue of $205.40 million for the quarter, compared to analysts’ expectations of $192.02 million. During the same quarter in the prior year, the business earned $0.38 EPS. The business’s quarterly revenue was up 19.1% on a year-over-year basis.

A number of research firms recently weighed in on ALRM. Barclays cut their target price on shares of Alarm.com from $70.00 to $63.00 in a report on Monday, May 9th. StockNews.com downgraded Alarm.com from a “buy” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research downgraded Alarm.com from a “hold” rating to a “sell” rating in a report on Tuesday. Bank of America assumed coverage on Alarm.com in a report on Wednesday, April 20th. They issued a “buy” rating and a $75.00 price objective for the company. Finally, TheStreet lowered Alarm.com from a “b-” rating to a “c” rating in a research note on Thursday, March 10th. One analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Alarm.com currently has an average rating of “Buy” and an average target price of $89.67.

NASDAQ ALRM opened at $59.10 on Friday. The company has a current ratio of 8.27, a quick ratio of 7.46 and a debt-to-equity ratio of 0.87. Alarm.com has a 12 month low of $54.99 and a 12 month high of $94.45. The company’s 50 day moving average is $62.95 and its two-hundred day moving average is $72.61. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 65.67, a PEG ratio of 3.18 and a beta of 1.21.

In other Alarm.com news, VP Daniel Ramos sold 1,998 shares of the stock in a transaction dated Monday, April 4th. The stock was sold at an average price of $67.84, for a total value of $135,544.32. Following the sale, the vice president now owns 32,502 shares of the company’s stock, valued at approximately $2,204,935.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen Trundle sold 5,305 shares of the stock in a transaction dated Monday, April 4th. The shares were sold at an average price of $67.84, for a total value of $359,891.20. Following the completion of the sale, the chief executive officer now directly owns 204,539 shares in the company, valued at approximately $13,875,925.76. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,451 shares of company stock valued at $776,836. Company insiders own 6.70% of the company’s stock.

Hedge funds have recently bought and sold shares of the stock. Mascoma Wealth Management LLC purchased a new stake in Alarm.com during the first quarter worth approximately $28,000. GHP Investment Advisors Inc. purchased a new stake in Alarm.com during the first quarter worth approximately $38,000. Bell Investment Advisors Inc purchased a new stake in Alarm.com during the third quarter worth approximately $49,000. First Horizon Advisors Inc. lifted its stake in Alarm.com by 9,583.3% during the fourth quarter. First Horizon Advisors Inc. now owns 581 shares of the software maker’s stock worth $49,000 after purchasing an additional 575 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in Alarm.com by 1,420.0% during the fourth quarter. Parallel Advisors LLC now owns 608 shares of the software maker’s stock worth $52,000 after purchasing an additional 568 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

About Alarm.com (Get Rating)

Alarm.com Holdings, Inc provides cloud-based solutions for smart residential and commercial properties in the United States and internationally. It operates in two segments, Alarm.com and Other. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, door locks, garage doors, Internet of Things, thermostats, and video cameras; and video monitoring solutions, such as video analytics, live streaming, video doorbell, video clips, video alerts, continuous high definition recording, and commercial video surveillance solutions.

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