Market Insight: Arm Holdings plc. ADR (ARM)’s Notable Drop, Closing at 120.95

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In the latest session, Arm Holdings plc. ADR (NASDAQ: ARM) closed at $120.95 down -2.25% from its previous closing price of $123.74. In other words, the price has decreased by -$2.25 from its previous closing price. On the day, 6.01 million shares were traded. ARM stock price reached its highest trading level at $123.3999 during the session, while it also had its lowest trading level at $117.42.

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 53.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 161.46. For the most recent quarter (mrq), Quick Ratio is recorded 3.61 and its Current Ratio is at 3.61. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.

On August 07, 2024, Bernstein Upgraded its rating to Mkt Perform which previously was Underperform and also upped its target price recommendation from $92 to $100.

TD Cowen reiterated its Buy rating for the stock on August 01, 2024, while the target price for the stock was revised from $125 to $150.

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 126755594240 and an Enterprise Value of 127468519424. As of this moment, Arm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 307.53, and their Forward P/E ratio for the next fiscal year is 58.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 37.63 while its Price-to-Book (P/B) ratio in mrq is 23.24. Its current Enterprise Value per Revenue stands at 36.451 whereas that against EBITDA is 429.187.

Stock Price History:

Over the past 52 weeks, ARM has reached a high of $188.75, while it has fallen to a 52-week low of $46.50. The 50-Day Moving Average of the stock is -17.13%, while the 200-Day Moving Average is calculated to be 6.05%.

Shares Statistics:

For the past three months, ARM has traded an average of 10.42M shares per day and 6263870 over the past ten days. A total of 1.09B shares are outstanding, with a floating share count of 1.08B. Insiders hold about 0.55% of the company’s shares, while institutions hold 5.10% stake in the company. Shares short for ARM as of 1723680000 were 17272467 with a Short Ratio of 1.66, compared to 1721001600 on 13960518. Therefore, it implies a Short% of Shares Outstanding of 17272467 and a Short% of Float of 13.79.

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