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The price of Arlo Technologies Inc (NYSE: ARLO) closed at $12.27 in the last session, up 1.40% from day before closing price of $12.10. In other words, the price has increased by $1.40 from its previous closing price. On the day, 0.56 million shares were traded. ARLO stock price reached its highest trading level at $12.295 during the session, while it also had its lowest trading level at $12.01.
Ratios:
We take a closer look at ARLO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.19 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 12 ’24 when FAISON RALPH E bought 8,842 shares for $11.89 per share. The transaction valued at 105,090 led to the insider holds 385,599 shares of the business.
CARTER MILLER JOYCELYN sold 19,629 shares of ARLO for $295,024 on Jul 09 ’24. The Director now owns 121,144 shares after completing the transaction at $15.03 per share. On Jul 09 ’24, another insider, Rothstein Amy M, who serves as the Director of the company, sold 15,000 shares for $14.83 each. As a result, the insider received 222,450 and left with 75,032 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 1226219648 and an Enterprise Value of 1101531136. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 12.15. Its current Enterprise Value per Revenue stands at 2.132 whereas that against EBITDA is -53.61.
Stock Price History:
Over the past 52 weeks, ARLO has reached a high of $17.64, while it has fallen to a 52-week low of $7.77. The 50-Day Moving Average of the stock is -12.82%, while the 200-Day Moving Average is calculated to be 7.92%.
Shares Statistics:
According to the various share statistics, ARLO traded on average about 992.27K shares per day over the past 3-months and 1201590 shares per day over the past 10 days. A total of 95.38M shares are outstanding, with a floating share count of 94.22M. Insiders hold about 5.72% of the company’s shares, while institutions hold 90.26% stake in the company. Shares short for ARLO as of 1722384000 were 4923379 with a Short Ratio of 4.96, compared to 1719532800 on 4536152. Therefore, it implies a Short% of Shares Outstanding of 4923379 and a Short% of Float of 6.1.
