Alarm.com (NASDAQ:ALRM) Releases Quarterly Earnings Results, Beats Expectations By $0.14 EPS

Alarm.com (NASDAQ:ALRM) posted its earnings results on Thursday. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.14, FiscalAI reports. The business had revenue of $256.40 million for the quarter, compared to analyst estimates of $251.14 million. Alarm.com had a net margin of 13.27% and a return on equity of 13.84%. Alarm.com’s revenue was up 6.6% compared to the same quarter last year. During the same period last year, the business posted $0.62 EPS. Alarm.com updated its FY 2025 guidance to 2.530-2.530 EPS.

Alarm.com Price Performance

NASDAQ ALRM traded up $2.73 on Friday, hitting $49.86. 482,592 shares of the company were exchanged, compared to its average volume of 360,915. Alarm.com has a 1-year low of $46.65 and a 1-year high of $70.06. The firm has a 50 day moving average of $52.78 and a two-hundred day moving average of $55.06. The company has a current ratio of 1.95, a quick ratio of 1.82 and a debt-to-equity ratio of 0.61. The company has a market cap of $2.49 billion, a P/E ratio of 20.95, a P/E/G ratio of 2.37 and a beta of 1.06.

Institutional Trading of Alarm.com

Several hedge funds have recently modified their holdings of ALRM. California State Teachers Retirement System raised its position in Alarm.com by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 43,287 shares of the software maker’s stock worth $2,449,000 after purchasing an additional 226 shares during the last quarter. Strs Ohio bought a new position in Alarm.com in the first quarter valued at about $56,000. Amundi increased its position in Alarm.com by 6.8% in the first quarter. Amundi now owns 17,532 shares of the software maker’s stock worth $920,000 after purchasing an additional 1,113 shares during the period. Quantinno Capital Management LP raised its holdings in Alarm.com by 16.6% during the 2nd quarter. Quantinno Capital Management LP now owns 10,006 shares of the software maker’s stock worth $566,000 after purchasing an additional 1,427 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its position in Alarm.com by 95.3% during the 2nd quarter. Osaic Holdings Inc. now owns 3,172 shares of the software maker’s stock valued at $179,000 after purchasing an additional 1,548 shares during the period. 91.74% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Alarm.com in a research note on Thursday, October 30th. Zacks Research lowered shares of Alarm.com from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Finally, Barclays dropped their target price on Alarm.com from $60.00 to $56.00 and set an “equal weight” rating for the company in a report on Friday. One analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $61.00.

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.