Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Arm Holdings plc. ADR (NASDAQ: ARM) closed at $87.19 down -16.90% from its previous closing price of $104.92. In other words, the price has decreased by -$16.90 from its previous closing price. On the day, 29.32 million shares were traded. ARM stock price reached its highest trading level at $103.01 during the session, while it also had its lowest trading level at $85.61.
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 37.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 110.80. 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 April 16, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $156.
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 89638297600 and an Enterprise Value of 87457890304. As of this moment, Arm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1114.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 24.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 30.51 while its Price-to-Book (P/B) ratio in mrq is 17.91. Its current Enterprise Value per Revenue stands at 29.768 whereas that against EBITDA is 357.701.
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 -31.75%, while the 200-Day Moving Average is calculated to be 4.37%.
Shares Statistics:
For the past three months, ARM has traded an average of 16.11M shares per day and 10589980 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 7.07% stake in the company. Shares short for ARM as of 1711584000 were 7928779 with a Short Ratio of 0.51, compared to 1709164800 on 9010191.
Earnings Estimates
Arm Holdings plc. ADR (ARM) is presently subject to a detailed evaluation by Arm Holdings plc analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $270.37, with high estimates of $63.84 and low estimates of $62.60.
