Alarm.com (NASDAQ:ALRM – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.280-2.290 for the period, compared to the consensus EPS estimate of 2.270. The company issued revenue guidance of $978.2 million-$980.8 million, compared to the consensus revenue estimate of $977.9 million.
Analysts Set New Price Targets
Several brokerages recently commented on ALRM. The Goldman Sachs Group upped their price target on shares of Alarm.com from $64.00 to $67.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Jefferies Financial Group initiated coverage on shares of Alarm.com in a research note on Tuesday, November 5th. They set a “buy” rating and a $65.00 price objective for the company. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $50.00 price objective (down from $65.00) on shares of Alarm.com in a research note on Monday, November 11th. StockNews.com upgraded shares of Alarm.com from a “hold” rating to a “buy” rating in a research note on Wednesday, December 18th. Finally, Barclays boosted their price objective on shares of Alarm.com from $60.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Friday, November 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Alarm.com presently has an average rating of “Hold” and an average target price of $64.40.
Alarm.com Price Performance
Alarm.com (NASDAQ:ALRM – Get Free Report) last announced its earnings results on Thursday, February 20th. The software maker reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.06). Alarm.com had a net margin of 13.54% and a return on equity of 13.78%. Equities research analysts anticipate that Alarm.com will post 1.65 earnings per share for the current fiscal year.
Insider Buying and Selling at Alarm.com
In other Alarm.com news, insider Daniel Kerzner sold 32,851 shares of the stock in a transaction on Friday, December 13th. The shares were sold at an average price of $66.40, for a total transaction of $2,181,306.40. Following the transaction, the insider now directly owns 59,668 shares in the company, valued at $3,961,955.20. This represents a 35.51 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Stephen Trundle sold 47,500 shares of the stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $68.18, for a total transaction of $3,238,550.00. Following the transaction, the chief executive officer now owns 252,682 shares in the company, valued at $17,227,858.76. This trade represents a 15.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by insiders.
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.
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