The closing price of Arm Holdings plc. ADR (NASDAQ: ARM) was $131.48 for the day, down -6.65% from the previous closing price of $140.85. In other words, the price has decreased by -$9.37 from its previous closing price. On the day, 14001793 shares were traded. ARM stock price reached its highest trading level at $142.89 during the session, while it also had its lowest trading level at $131.20.
Ratios:
Our analysis of ARM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 56.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 167.09. For the most recent quarter (mrq), Quick Ratio is recorded 4.19 and its Current Ratio is at 4.19. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
On February 16, 2024, Daiwa Securities Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $63 to $130.
TD Cowen reiterated its Outperform rating for the stock on February 08, 2024, while the target price for the stock was revised from $80 to $95.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARM now has a Market Capitalization of 135.17B and an Enterprise Value of 133.00B. As of this moment, Arm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1681.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 37.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 46.01 while its Price-to-Book (P/B) ratio in mrq is 27.01. Its current Enterprise Value per Revenue stands at 45.27 whereas that against EBITDA is 633.32.
Stock Price History:
Over the past 52 weeks, ARM has reached a high of $164.00, while it has fallen to a 52-week low of $46.50. The 50-Day Moving Average of the stock is 97.51, while the 200-Day Moving Average is calculated to be 73.74.
Shares Statistics:
ARM traded an average of 15.72M shares per day over the past three months and 13.47M shares per day over the past ten days. A total of 1.03B shares are outstanding, with a floating share count of 1.02B. Insiders hold about 0.62% of the company’s shares, while institutions hold 7.10% stake in the company. Shares short for ARM as of Feb 15, 2024 were 9.27M with a Short Ratio of 0.49, compared to 10.72M on Jan 12, 2024.
Earnings Estimates
The firm’s stock currently is rated by 18 analysts. The consensus estimate for the next quarter is $0.3, with high estimates of $0.37 and low estimates of $0.23.
Analysts are recommending an EPS of between $1.22 and $1.14 for the fiscal current year, implying an average EPS of $1.2. EPS for the following year is $1.54, with 25 analysts recommending between $1.89 and $1.35.
Revenue Estimates
Based on 28 analysts’ estimates, the company’s revenue will be $3.96B in the next fiscal year. The high estimate is $4.3B and the low estimate is $3.7B. The average revenue growth estimate for next year is up 24.50% from the average revenue estimate for this year.
