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As of close of business last night, Arlo Technologies Inc’s stock clocked out at $10.53, down -1.86% from its previous closing price of $10.73. In other words, the price has decreased by -$1.86 from its previous closing price. On the day, 0.69 million shares were traded. ARLO stock price reached its highest trading level at $11.0 during the session, while it also had its lowest trading level at $10.52.
Ratios:
To gain a deeper understanding of ARLO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.57. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on October 31, 2023, initiated with a Buy rating and assigned the stock a target price of $13.
On June 29, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $17.
On January 25, 2022, Lake Street started tracking the stock assigning a Buy rating and target price of $14.Lake Street initiated its Buy rating on January 25, 2022, with a $14 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 13 ’24 when Busse Brian sold 56,973 shares for $11.68 per share. The transaction valued at 665,445 led to the insider holds 604,905 shares of the business.
MCRAE MATTHEW BLAKE sold 119,900 shares of ARLO for $1,308,133 on Mar 06 ’24. The CEO now owns 2,195,050 shares after completing the transaction at $10.91 per share. On Mar 06 ’24, another insider, BINDER KURTIS JOSEPH, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 18,120 shares for $10.91 each. As a result, the insider received 197,684 and left with 702,680 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARLO now has a Market Capitalization of 1012682688 and an Enterprise Value of 897418304. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 9.72. Its current Enterprise Value per Revenue stands at 1.827 whereas that against EBITDA is -45.904.
Stock Price History:
Over the past 52 weeks, ARLO has reached a high of $13.34, while it has fallen to a 52-week low of $6.18. The 50-Day Moving Average of the stock is -2.61%, while the 200-Day Moving Average is calculated to be 5.09%.
Shares Statistics:
It appears that ARLO traded 991.79K shares on average per day over the past three months and 723750 shares per day over the past ten days. A total of 95.38M shares are outstanding, with a floating share count of 91.29M. Insiders hold about 5.07% of the company’s shares, while institutions hold 83.41% stake in the company. Shares short for ARLO as of 1711584000 were 3837583 with a Short Ratio of 3.87, compared to 1709164800 on 5281637. Therefore, it implies a Short% of Shares Outstanding of 3837583 and a Short% of Float of 4.78.
Earnings Estimates
The performance of Arlo Technologies Inc (ARLO) in the stock market is under the watchful eye of Alliance Resource Partners, L.P analysts actively contributing to its current rating.The consensus estimate for the next quarter is $3.51, with high estimates of $10.64 and low estimates of $10.53.
Analysts are recommending an EPS of between $Consumer Cyclical and $Industrials for the fiscal current year, implying an average EPS of $Healthcare.
