Alarm.com (ALRM) Expected to Announce Quarterly Earnings on Thursday

Alarm.com (NASDAQ:ALRM - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $237.44 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Alarm.com Trading Down 1.3 %

NASDAQ:ALRM traded down $0.85 during trading hours on Friday, hitting $62.97. 467,512 shares of the company were exchanged, compared to its average volume of 237,826. The stock has a market capitalization of $3.11 billion, a price-to-earnings ratio of 27.26, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. The company has a current ratio of 8.66, a quick ratio of 8.20 and a debt-to-equity ratio of 1.42. Alarm.com has a one year low of $51.87 and a one year high of $77.29. The company has a fifty day simple moving average of $62.57 and a 200 day simple moving average of $59.74.

Analyst Ratings Changes

ALRM has been the subject of several analyst reports. Jefferies Financial Group initiated coverage on Alarm.com in a research report on Tuesday, November 5th. They set a "buy" rating and a $65.00 target price for the company. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $50.00 price objective (down from $65.00) on shares of Alarm.com in a research report on Monday, November 11th. The Goldman Sachs Group lifted their price objective on Alarm.com from $64.00 to $67.00 and gave the stock a "neutral" rating in a research report on Friday, November 8th. Barclays lifted their price objective on Alarm.com from $60.00 to $67.00 and gave the stock an "equal weight" rating in a research report on Friday, November 8th. Finally, StockNews.com raised Alarm.com from a "hold" rating to a "buy" rating in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $64.40.

Insider Activity at Alarm.com

In other Alarm.com news, CEO Stephen Trundle sold 47,500 shares of Alarm.com stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $68.18, for a total transaction of $3,238,550.00. Following the completion of the transaction, the chief executive officer now owns 252,682 shares in the company, valued at approximately $17,227,858.76. The trade was a 15.82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen C. Evans sold 2,625 shares of Alarm.com stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $59.67, for a total value of $156,633.75. Following the transaction, the director now owns 5,767 shares of the company's stock, valued at $344,116.89. This trade represents a 31.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 82,976 shares of company stock valued at $5,576,490 in the last three months. Corporate insiders own 5.60% of the company's stock.

Alarm.com Company Profile

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.