Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Arm Holdings plc. ADR’s stock clocked out at $101.70, up 3.78% from its previous closing price of $98.00. In other words, the price has increased by $3.78 from its previous closing price. On the day, 5.73 million shares were traded. ARM stock price reached its highest trading level at $104.36 during the session, while it also had its lowest trading level at $100.4487.
Ratios:
To gain a deeper understanding of ARM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 43.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 129.24. For the most recent quarter (mrq), Quick Ratio is recorded 4.19 and its Current Ratio is at 4.19. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
On April 16, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $156.
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 104571150336 and an Enterprise Value of 102375260160. As of this moment, Arm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1300.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 29.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 35.59 while its Price-to-Book (P/B) ratio in mrq is 20.89. Its current Enterprise Value per Revenue stands at 34.845 whereas that against EBITDA is 418.713.
Stock Price History:
Over the past 52 weeks, ARM has reached a high of $164.00, while it has fallen to a 52-week low of $46.50. The 50-Day Moving Average of the stock is -17.35%, while the 200-Day Moving Average is calculated to be 20.49%.
Shares Statistics:
It appears that ARM traded 16.88M shares on average per day over the past three months and 9717290 shares per day over the past ten days. A total of 1.03B shares are outstanding, with a floating share count of 1.02B. Insiders hold about 0.62% of the company’s shares, while institutions hold 6.29% stake in the company. Shares short for ARM as of 1713139200 were 8360719 with a Short Ratio of 0.50, compared to 1710460800 on 7928779.
