Press coverage about AlarmCom (NASDAQ:ALRM) has been trending somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AlarmCom earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 47.4084486966002 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
Several research analysts recently weighed in on the stock. Northland Securities reissued a “buy” rating and set a $51.00 price objective on shares of AlarmCom in a research note on Friday, October 13th. Bank of America raised their target price on shares of AlarmCom from $46.00 to $55.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. Zacks Investment Research downgraded shares of AlarmCom from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 10th. Jefferies Group started coverage on shares of AlarmCom in a report on Friday, October 6th. They set a “hold” rating and a $43.00 target price on the stock. Finally, Credit Suisse Group restated an “outperform” rating and set a $52.00 target price (up from $46.00) on shares of AlarmCom in a report on Thursday, November 9th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. AlarmCom has an average rating of “Buy” and an average price target of $46.80.
Shares of AlarmCom (NASDAQ:ALRM) opened at $36.58 on Friday. The company has a debt-to-equity ratio of -0.81, a quick ratio of 2.88 and a current ratio of 3.16. The company has a market cap of $1,720.00 and a P/E ratio of 56.28. AlarmCom has a fifty-two week low of $26.91 and a fifty-two week high of $49.49.
AlarmCom (NASDAQ:ALRM) last announced its earnings results on Wednesday, November 8th. The software maker reported $0.27 EPS for the quarter, topping the consensus estimate of $0.20 by $0.07. The firm had revenue of $90.00 million for the quarter, compared to the consensus estimate of $83.04 million. AlarmCom had a net margin of 9.97% and a negative return on equity of 42.00%. The business’s quarterly revenue was up 32.7% on a year-over-year basis. During the same period last year, the company posted $0.19 EPS. equities analysts anticipate that AlarmCom will post 0.82 earnings per share for the current fiscal year.
In other news, insider Vii Lp Tcv sold 121,885 shares of AlarmCom stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $42.40, for a total value of $5,167,924.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Timothy P. Mcadam sold 20,407 shares of AlarmCom stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $36.78, for a total transaction of $750,569.46. The disclosure for this sale can be found here. Insiders sold 258,469 shares of company stock worth $10,948,163 over the last quarter. 78.50% of the stock is owned by corporate insiders.
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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.
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