Jefferies Group Weighs in on Alarm.com Holdings, Inc.’s FY2017 Earnings (ALRM)

Alarm.com Holdings, Inc. (NASDAQ:ALRM) – Jefferies Group dropped their FY2017 earnings estimates for Alarm.com Holdings in a report released on Thursday. Jefferies Group analyst J. Difucci now expects that the software maker will earn $0.77 per share for the year, down from their previous estimate of $0.87. Jefferies Group currently has a “Hold” rating and a $43.00 target price on the stock. Jefferies Group also issued estimates for Alarm.com Holdings’ Q1 2018 earnings at $0.17 EPS, Q2 2018 earnings at $0.17 EPS, Q3 2018 earnings at $0.19 EPS, Q4 2018 earnings at $0.20 EPS, Q1 2019 earnings at $0.22 EPS, Q2 2019 earnings at $0.22 EPS and Q3 2019 earnings at $0.23 EPS.

Alarm.com Holdings (NASDAQ:ALRM) last issued its earnings results on Wednesday, November 8th. The software maker reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.07. Alarm.com Holdings had a negative return on equity of 42.00% and a net margin of 9.97%. The business had revenue of $90.00 million during the quarter, compared to analysts’ expectations of $83.04 million. During the same quarter in the previous year, the business earned $0.19 EPS. The company’s revenue for the quarter was up 32.7% on a year-over-year basis.

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A number of other analysts have also recently issued reports on ALRM. Northland Securities set a $41.00 target price on Alarm.com Holdings and gave the stock a “buy” rating in a report on Wednesday, July 19th. Stifel Nicolaus reiterated a “hold” rating and set a $29.00 target price on shares of Alarm.com Holdings in a report on Tuesday, July 25th. Maxim Group boosted their price target on Alarm.com Holdings from $42.00 to $44.00 and gave the stock a “buy” rating in a research report on Wednesday, July 26th. Credit Suisse Group reissued an “outperform” rating and set a $46.00 price target (up from $37.00) on shares of Alarm.com Holdings in a research report on Wednesday, August 9th. Finally, Roth Capital boosted their price target on Alarm.com Holdings from $43.50 to $48.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Alarm.com Holdings has a consensus rating of “Buy” and a consensus price target of $45.60.

Shares of Alarm.com Holdings (NASDAQ:ALRM) opened at $40.81 on Monday. The company has a current ratio of 3.16, a quick ratio of 2.88 and a debt-to-equity ratio of -0.81. Alarm.com Holdings has a fifty-two week low of $26.68 and a fifty-two week high of $49.49. The stock has a market capitalization of $1,920.00 and a PE ratio of 45.10.

In other Alarm.com Holdings news, VP Daniel Ramos sold 10,063 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $47.02, for a total value of $473,162.26. Following the transaction, the vice president now directly owns 57,127 shares of the company’s stock, valued at approximately $2,686,111.54. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider David Hutz sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $43.82, for a total value of $153,370.00. Following the completion of the transaction, the insider now directly owns 90,522 shares in the company, valued at $3,966,674.04. The disclosure for this sale can be found here. Insiders have sold a total of 310,214 shares of company stock worth $13,887,962 over the last three months. 46.80% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in ALRM. Parametric Portfolio Associates LLC raised its position in shares of Alarm.com Holdings by 15.3% in the 1st quarter. Parametric Portfolio Associates LLC now owns 32,269 shares of the software maker’s stock valued at $992,000 after purchasing an additional 4,276 shares in the last quarter. American International Group Inc. raised its position in shares of Alarm.com Holdings by 7.1% in the 1st quarter. American International Group Inc. now owns 6,353 shares of the software maker’s stock valued at $195,000 after purchasing an additional 422 shares in the last quarter. FMR LLC raised its position in shares of Alarm.com Holdings by 141.5% in the 1st quarter. FMR LLC now owns 66,905 shares of the software maker’s stock valued at $2,056,000 after purchasing an additional 39,205 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Alarm.com Holdings by 14.2% in the 1st quarter. Vanguard Group Inc. now owns 638,182 shares of the software maker’s stock valued at $19,618,000 after purchasing an additional 79,291 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Alarm.com Holdings by 22.8% in the 1st quarter. Geode Capital Management LLC now owns 125,603 shares of the software maker’s stock valued at $3,861,000 after purchasing an additional 23,299 shares in the last quarter. 84.92% of the stock is currently owned by institutional investors.

Alarm.com Holdings Company Profile

Alarm.com Holdings, Inc is a platform solution for the connected property. The Company offers a suite of cloud-based solutions for the smart home and business, including interactive security, video monitoring, intelligent automation and energy management. The Company operates through two segments: Alarm.com and Other.

Earnings History and Estimates for Alarm.com Holdings (NASDAQ:ALRM)

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