Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $11.46 in the prior trading day, Arlo Technologies Inc (NYSE: ARLO) closed at $11.02, down -3.84%. In other words, the price has decreased by -$3.84 from its previous closing price. On the day, 0.62 million shares were traded. ARLO stock price reached its highest trading level at $11.56 during the session, while it also had its lowest trading level at $10.985.
Ratios:
Our goal is to gain a better understanding of ARLO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.16.
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, ROTH MKM on October 31, 2023, initiated with a Buy rating and assigned the stock a target price of $13.
On June 29, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $17.
On January 25, 2022, Lake Street started tracking the stock assigning a Buy rating and target price of $14.Lake Street initiated its Buy rating on January 25, 2022, with a $14 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 Sep 30 ’24 when BINDER KURTIS JOSEPH sold 7,098 shares for $11.94 per share. The transaction valued at 84,766 led to the insider holds 892,595 shares of the business.
KURTIS BINDER bought 7,098 shares of ARLO for $83,969 on Sep 30 ’24. On Aug 12 ’24, another insider, FAISON RALPH E, who serves as the Director of the company, bought 8,842 shares for $11.89 each. As a result, the insider paid 105,090 and bolstered with 385,599 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 1101299200 and an Enterprise Value of 976610624. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.13 while its Price-to-Book (P/B) ratio in mrq is 10.92. Its current Enterprise Value per Revenue stands at 1.89 whereas that against EBITDA is -47.531.
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 $7.77. The 50-Day Moving Average of the stock is -11.33%, while the 200-Day Moving Average is calculated to be -6.63%.
Shares Statistics:
The stock has traded on average 882.90K shares per day over the past 3-months and 786190 shares per day over the last 10 days, according to various share statistics. A total of 95.38M shares are outstanding, with a floating share count of 94.43M. Insiders hold about 5.51% of the company’s shares, while institutions hold 88.74% stake in the company. Shares short for ARLO as of 1726185600 were 6180368 with a Short Ratio of 7.00, compared to 1723680000 on 5783145. Therefore, it implies a Short% of Shares Outstanding of 6180368 and a Short% of Float of 7.5.
Earnings Estimates
The dynamic stock of Arlo Technologies Inc (ARLO) is currently attracting attention from 5.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0.11, with high estimates of $0.12 and low estimates of $0.1.
Analysts are recommending an EPS of between $0.42 and $0.38 for the fiscal current year, implying an average EPS of $0.41. EPS for the following year is $0.52, with 5.0 analysts recommending between $0.58 and $0.44.
Revenue Estimates
For the next quarter, 5 analysts are estimating revenue of $138.94M. There is a high estimate of $143M for the next quarter, whereas the lowest estimate is $135.1M.
A total of 5 analysts have provided revenue estimates for ARLO’s current fiscal year. The highest revenue estimate was $532.1M, while the lowest revenue estimate was $522.42M, resulting in an average revenue estimate of $526.71M. In the same quarter a year ago, actual revenue was $491.18MBased on 5 analysts’ estimates, the company’s revenue will be $563.95M in the next fiscal year. The high estimate is $582.8M and the low estimate is $548.26M.
