In the latest session, Arm Holdings plc. ADR (NASDAQ: ARM) closed at $127.96 down -7.48% from its previous closing price of $138.31. In other words, the price has decreased by -$10.35 from its previous closing price. On the day, 21127534 shares were traded.
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Ratios:
For a deeper understanding of Arm Holdings plc. ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 54.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 162.61. 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 131.46B and an Enterprise Value of 129.28B. As of this moment, Arm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1636.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 36.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 44.78 while its Price-to-Book (P/B) ratio in mrq is 26.29. Its current Enterprise Value per Revenue stands at 44.00 whereas that against EBITDA is 615.64.
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 111.73, while the 200-Day Moving Average is calculated to be 78.82.
Shares Statistics:
For the past three months, ARM has traded an average of 16.00M shares per day and 9.79M 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 7.06% stake in the company. Shares short for ARM as of Feb 29, 2024 were 9.01M with a Short Ratio of 0.56, compared to 9.27M on Jan 31, 2024.
Earnings Estimates
There are 18 different market analysts currently analyzing its stock. 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.
