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Arm Holdings plc. ADR (NASDAQ: ARM) closed the day trading at $163.40 up 3.20% from the previous closing price of $158.33. In other words, the price has increased by $3.20 from its previous closing price. On the day, 7.08 million shares were traded. ARM stock price reached its highest trading level at $165.0 during the session, while it also had its lowest trading level at $160.63.
Ratios:
For a better understanding of ARM, 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 58.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 171.56. For the most recent quarter (mrq), Quick Ratio is recorded 2.79 and its Current Ratio is at 2.79. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 the company, Morgan Stanley on July 19, 2024, Upgraded its rating to Overweight and sets its target price to $190 from $107 previously.
On April 19, 2024, Exane BNP Paribas Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $100.
On April 16, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $156.Evercore ISI initiated its Outperform rating on April 16, 2024, with a $156 target price.
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 171217043456 and an Enterprise Value of 167293009920. As of this moment, Arm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 572.73, and their Forward P/E ratio for the next fiscal year is 78.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 18.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 52.96 while its Price-to-Book (P/B) ratio in mrq is 32.10. Its current Enterprise Value per Revenue stands at 51.745 whereas that against EBITDA is 746.844.
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 13.68%, while the 200-Day Moving Average is calculated to be 61.48%.
Shares Statistics:
Over the past 3-months, ARM traded about 10.77M shares per day on average, while over the past 10 days, ARM traded about 8708033 shares per day. A total of 1.05B shares are outstanding, with a floating share count of 1.04B. Insiders hold about 0.54% of the company’s shares, while institutions hold 5.70% stake in the company. Shares short for ARM as of 1719532800 were 12893972 with a Short Ratio of 1.20, compared to 1717113600 on 10077367. Therefore, it implies a Short% of Shares Outstanding of 12893972 and a Short% of Float of 10.31.
