Alarm.com Holdings, Inc. (NASDAQ:ALRM) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Alarm.com Holdings, Inc. (NASDAQ:ALRM) have earned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $64.3333.

ALRM has been the topic of several research reports. Zacks Research raised Alarm.com from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Alarm.com in a report on Saturday, September 27th.

Hedge Funds Weigh In On Alarm.com

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Yousif Capital Management LLC grew its holdings in shares of Alarm.com by 1.1% during the second quarter. Yousif Capital Management LLC now owns 18,455 shares of the software maker’s stock worth $1,044,000 after buying an additional 199 shares during the last quarter. KBC Group NV grew its holdings in shares of Alarm.com by 10.8% during the first quarter. KBC Group NV now owns 2,128 shares of the software maker’s stock worth $118,000 after buying an additional 208 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Alarm.com by 0.5% during the second quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker’s stock worth $2,449,000 after buying an additional 226 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of Alarm.com by 1.7% during the first quarter. Avantax Advisory Services Inc. now owns 13,865 shares of the software maker’s stock worth $772,000 after buying an additional 232 shares during the last quarter. Finally, Blair William & Co. IL grew its holdings in shares of Alarm.com by 2.3% during the second quarter. Blair William & Co. IL now owns 12,762 shares of the software maker’s stock worth $722,000 after buying an additional 290 shares during the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Alarm.com Stock Performance

NASDAQ:ALRM opened at $52.20 on Wednesday. The firm has a market capitalization of $2.60 billion, a PE ratio of 21.93, a price-to-earnings-growth ratio of 2.60 and a beta of 1.04. The business’s fifty day moving average price is $55.62 and its 200 day moving average price is $55.58. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.95 and a quick ratio of 1.82. Alarm.com has a 12 month low of $48.23 and a 12 month high of $70.06.

Alarm.com (NASDAQ:ALRM) last posted its earnings results on Thursday, August 7th. The software maker reported $0.60 EPS for the quarter, beating the consensus estimate of $0.52 by $0.08. The firm had revenue of $254.31 million for the quarter, compared to analyst estimates of $243.96 million. Alarm.com had a return on equity of 13.84% and a net margin of 13.27%.Alarm.com’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.58 earnings per share. Alarm.com has set its FY 2025 guidance at 2.400-2.400 EPS. On average, sell-side analysts anticipate that Alarm.com will post 1.64 earnings per share for the current fiscal year.

About Alarm.com

Alarm.com Holdings, Inc provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.