Alarm.com (ALRM) Stock Price, News & Analysis

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alarm.com in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ALRM shares.
View ALRM analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued 1-year target prices for Alarm.com's stock. Their ALRM share price targets range from $61.00 to $78.00. On average, they expect the company's stock price to reach $68.83 in the next year. This suggests a possible upside of 7.4% from the stock's current price.
View analysts price targets for ALRM or view top-rated stocks among Wall Street analysts.

Alarm.com's stock was trading at $64.62 on January 1st, 2024. Since then, ALRM stock has decreased by 0.8% and is now trading at $64.11.
View the best growth stocks for 2024 here.

Alarm.com saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,020,000 shares, a drop of 15.0% from the March 15th total of 1,200,000 shares. Based on an average daily volume of 251,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 2.2% of the shares of the company are sold short.
View Alarm.com's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our ALRM earnings forecast.

Alarm.com will be holding an earnings conference call on Thursday, May 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Alarm.com Holdings, Inc. (NASDAQ:ALRM) announced its quarterly earnings data on Thursday, February, 22nd. The software maker reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by $0.01. The software maker had revenue of $226.20 million for the quarter, compared to analyst estimates of $224.93 million. Alarm.com had a net margin of 9.19% and a trailing twelve-month return on equity of 11.61%. Alarm.com's revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.33 earnings per share.

ETFs with the largest weight of Alarm.com (NASDAQ:ALRM) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), Playtech (PTEC), iShares Cybersecurity and Tech ETF (IHAK), Motley Fool Mid-Cap Growth ETF (TMFM), SPDR S&P Kensho Intelligent Structures ETF (SIMS), Invesco S&P SmallCap Information Technology ETF (PSCT) and Xtrackers Cybersecurity Select Equity ETF (PSWD).

Alarm.com issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of 2.100-2.140 for the period, compared to the consensus estimate of 2.090. The company issued revenue guidance of $912.5 million-$933.5 million, compared to the consensus revenue estimate of $921.9 million.

131 employees have rated Alarm.com Chief Executive Officer Steve Trundle on Glassdoor.com. Steve Trundle has an approval rating of 97% among the company's employees. This puts Steve Trundle in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alarm.com investors own include NVIDIA (NVDA), Alibaba Group (BABA), Home Depot (HD), PayPal (PYPL), Bank of America (BAC), Johnson & Johnson (JNJ), CVS Health (CVS), Block (SQ), Visa (V) and Salesforce (CRM).

Alarm.com (ALRM) raised $98 million in an initial public offering on Friday, June 26th 2015. The company issued 7,000,000 shares at $13.00-$15.00 per share. Goldman Sachs, Credit Suisse and BofA Merrill Lynch served as the underwriters for the IPO and Stifel, Raymond James, William Blair and Imperial Capital were co-managers.

Alarm.com's stock is owned by a number of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.06%), Hennion & Walsh Asset Management Inc. (0.04%), Cardinal Capital Management (0.03%), NBC Securities Inc. (0.02%) and First PREMIER Bank (0.00%). Insiders that own company stock include Daniel Kerzner, Daniel Ramos, Jeffrey A Bedell, Simone Wu, Stephen C Evans, Stephen Trundle and Steve Valenzuela.
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Shares of ALRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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