The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Arlo Technologies Inc (NYSE: ARLO) closed the day trading at $11.39 up 0.89% from the previous closing price of $11.29. In other words, the price has increased by $0.89 from its previous closing price. On the day, 0.61 million shares were traded. ARLO stock price reached its highest trading level at $11.68 during the session, while it also had its lowest trading level at $11.24.
Ratios:
For a better understanding of ARLO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.29. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.15.
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, Craig Hallum on November 08, 2024, Reiterated its Buy rating but revised its target price to $15 from $17 previously.
On October 31, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $13.
On June 29, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $17.Craig Hallum initiated its Buy rating on June 29, 2023, with a $17 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when BINDER KURTIS JOSEPH sold 63,882 shares for $12.80 per share. The transaction valued at 817,498 led to the insider holds 828,713 shares of the business.
KURTIS BINDER bought 63,882 shares of ARLO for $791,498 on Dec 16 ’24. On Dec 02 ’24, another insider, MCRAE MATTHEW BLAKE, who serves as the CEO of the company, sold 316,644 shares for $11.54 each. As a result, the insider received 3,653,818 and left with 3,160,988 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 1142883968 and an Enterprise Value of 1000759104. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 11.79. Its current Enterprise Value per Revenue stands at 1.908 whereas that against EBITDA is -42.819.
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 $8.33. The 50-Day Moving Average of the stock is -2.93%, while the 200-Day Moving Average is calculated to be -8.54%.
Shares Statistics:
Over the past 3-months, ARLO traded about 862.21K shares per day on average, while over the past 10 days, ARLO traded about 921740 shares per day. A total of 100.32M shares are outstanding, with a floating share count of 94.80M. Insiders hold about 5.52% of the company’s shares, while institutions hold 89.61% stake in the company. Shares short for ARLO as of 1732838400 were 6136590 with a Short Ratio of 7.12, compared to 1730332800 on 6451180. Therefore, it implies a Short% of Shares Outstanding of 6136590 and a Short% of Float of 7.4099995000000005.
