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In the latest session, Arlo Technologies Inc (NYSE: ARLO) closed at $11.34 down -0.61% from its previous closing price of $11.41. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 0.59 million shares were traded. ARLO stock price reached its highest trading level at $11.78 during the session, while it also had its lowest trading level at $11.33.
Ratios:
For a deeper understanding of Arlo Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.25. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 12 ’24 when FAISON RALPH E bought 8,842 shares for $11.89 per share. The transaction valued at 105,090 led to the insider holds 385,599 shares of the business.
CARTER MILLER JOYCELYN sold 19,629 shares of ARLO for $295,024 on Jul 09 ’24. The Director now owns 121,144 shares after completing the transaction at $15.03 per share. On Jul 09 ’24, another insider, Rothstein Amy M, who serves as the Director of the company, sold 15,000 shares for $14.83 each. As a result, the insider received 222,450 and left with 75,032 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 1133278848 and an Enterprise Value of 1015585856. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 11.23. Its current Enterprise Value per Revenue stands at 1.965 whereas that against EBITDA is -49.427.
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 -17.99%, while the 200-Day Moving Average is calculated to be -1.88%.
Shares Statistics:
For the past three months, ARLO has traded an average of 936.05K shares per day and 657030 over the past ten days. A total of 95.38M shares are outstanding, with a floating share count of 94.29M. Insiders hold about 5.65% of the company’s shares, while institutions hold 89.93% stake in the company. Shares short for ARLO as of 1723680000 were 5783145 with a Short Ratio of 6.18, compared to 1721001600 on 4922827. Therefore, it implies a Short% of Shares Outstanding of 5783145 and a Short% of Float of 7.0199996.
