Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Arm Holdings plc. ADR (NASDAQ: ARM) was $145.20 for the day, up 0.57% from the previous closing price of $144.38. In other words, the price has increased by $0.57 from its previous closing price. On the day, 3.4 million shares were traded. ARM stock price reached its highest trading level at $148.25 during the session, while it also had its lowest trading level at $142.23.
Ratios:
Our analysis of ARM’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 64.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 263.57. For the most recent quarter (mrq), Quick Ratio is recorded 4.52 and its Current Ratio is at 4.52. 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 this company, UBS on November 25, 2024, initiated with a Buy rating and assigned the stock a target price of $160.
On November 22, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $155.
TD Cowen reiterated its Buy rating for the stock on November 07, 2024, while the target price for the stock was revised from $150 to $165.
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 Nov 21 ’24 when Child Jason bought 20,160 shares for $136.50 per share.
Child Jason bought 20,160 shares of ARM for $2,993,760 on Nov 08 ’24. On Sep 16 ’24, another insider, Collins Spencer, who serves as the Officer of the company, bought 51,960 shares for $143.00 each.
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 152605196288 and an Enterprise Value of 150510206976. As of this moment, Arm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 240.40, and their Forward P/E ratio for the next fiscal year is 70.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 43.17 while its Price-to-Book (P/B) ratio in mrq is 25.38. Its current Enterprise Value per Revenue stands at 42.577 whereas that against EBITDA is 289.443.
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 $66.66. The 50-Day Moving Average of the stock is 4.63%, while the 200-Day Moving Average is calculated to be 6.87%.
Shares Statistics:
ARM traded an average of 5.29M shares per day over the past three months and 4634080 shares per day over the past ten days. A total of 1.05B shares are outstanding, with a floating share count of 1.05B. Insiders hold about 0.52% of the company’s shares, while institutions hold 5.26% stake in the company. Shares short for ARM as of 1734048000 were 12439763 with a Short Ratio of 2.35, compared to 1731628800 on 13911082. Therefore, it implies a Short% of Shares Outstanding of 12439763 and a Short% of Float of 9.6999995.
