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The closing price of Arlo Technologies Inc (NYSE: ARLO) was $10.63 for the day, down -2.48% from the previous closing price of $10.90. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 0.72 million shares were traded. ARLO stock price reached its highest trading level at $10.94 during the session, while it also had its lowest trading level at $10.55.
Ratios:
Our analysis of ARLO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.48. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1089309312 and an Enterprise Value of 937635392. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 10.53. Its current Enterprise Value per Revenue stands at 1.815 whereas that against EBITDA is -45.634.
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 -7.73%, while the 200-Day Moving Average is calculated to be -11.25%.
Shares Statistics:
ARLO traded an average of 767.70K shares per day over the past three months and 476360 shares per day over the past ten days. A total of 95.38M shares are outstanding, with a floating share count of 94.51M. Insiders hold about 5.43% of the company’s shares, while institutions hold 89.25% stake in the company. Shares short for ARLO as of 1728950400 were 6437758 with a Short Ratio of 8.39, compared to 1726185600 on 6180368. Therefore, it implies a Short% of Shares Outstanding of 6437758 and a Short% of Float of 7.8200005.
