Alarm.com Holdings, Inc. (NASDAQ:ALRM) Given Consensus Rating of “Moderate Buy” by Brokerages

Alarm.com Holdings, Inc. (NASDAQ:ALRMGet Free Report) has been given an average recommendation of “Moderate Buy” by the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $68.83.

Several equities research analysts recently issued reports on ALRM shares. William Blair raised shares of Alarm.com to a “hold” rating in a research note on Thursday, May 9th. StockNews.com upgraded shares of Alarm.com from a “buy” rating to a “strong-buy” rating in a report on Wednesday.

Get Our Latest Report on ALRM

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ALRM. Vanguard Group Inc. raised its position in Alarm.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 5,880,922 shares of the software maker’s stock worth $426,190,000 after purchasing an additional 63,653 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Alarm.com by 1.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,078,887 shares of the software maker’s stock worth $69,715,000 after purchasing an additional 16,704 shares in the last quarter. Norges Bank acquired a new position in Alarm.com in the fourth quarter worth about $33,277,000. Charles Schwab Investment Management Inc. raised its position in Alarm.com by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 474,664 shares of the software maker’s stock worth $30,673,000 after purchasing an additional 4,918 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in Alarm.com by 0.8% in the first quarter. Principal Financial Group Inc. now owns 272,963 shares of the software maker’s stock worth $19,782,000 after purchasing an additional 2,059 shares in the last quarter. Institutional investors own 91.74% of the company’s stock.

Alarm.com Trading Up 0.8 %

Shares of NASDAQ:ALRM opened at $64.64 on Thursday. The firm has a fifty day moving average of $65.16 and a two-hundred day moving average of $66.66. The firm has a market capitalization of $3.24 billion, a P/E ratio of 38.25, a price-to-earnings-growth ratio of 3.17 and a beta of 0.92. Alarm.com has a 12-month low of $48.61 and a 12-month high of $77.29. The company has a quick ratio of 5.03, a current ratio of 5.51 and a debt-to-equity ratio of 0.68.

Alarm.com (NASDAQ:ALRMGet Free Report) last released its quarterly earnings data on Thursday, May 9th. The software maker reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.04. Alarm.com had a net margin of 10.08% and a return on equity of 12.14%. The business had revenue of $223.28 million during the quarter, compared to analyst estimates of $218.32 million. On average, equities analysts expect that Alarm.com will post 1.43 EPS for the current fiscal year.

Alarm.com Company Profile

(Get Free Report

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.

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Analyst Recommendations for Alarm.com (NASDAQ:ALRM)

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