AlarmCom Hldg Inc (NASDAQ:ALRM) Expected to Post Earnings of $0.31 Per Share

Equities research analysts expect AlarmCom Hldg Inc (NASDAQ:ALRM) to post $0.31 earnings per share for the current quarter, according to Zacks. Six analysts have made estimates for AlarmCom’s earnings, with the highest EPS estimate coming in at $0.41 and the lowest estimate coming in at $0.26. AlarmCom posted earnings of $0.40 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 22.5%. The business is scheduled to report its next earnings report on Thursday, August 13th.

On average, analysts expect that AlarmCom will report full-year earnings of $1.40 per share for the current fiscal year, with EPS estimates ranging from $1.36 to $1.50. For the next year, analysts expect that the company will post earnings of $1.58 per share, with EPS estimates ranging from $1.46 to $1.68. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover AlarmCom.

AlarmCom (NASDAQ:ALRM) last posted its earnings results on Thursday, May 7th. The software maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.34 by $0.08. AlarmCom had a return on equity of 18.82% and a net margin of 9.84%. The company had revenue of $151.90 million for the quarter, compared to the consensus estimate of $125.13 million. During the same quarter in the prior year, the business earned $0.34 earnings per share. The firm’s revenue for the quarter was up 35.3% on a year-over-year basis.

Several equities analysts have recently commented on ALRM shares. Maxim Group reaffirmed a “buy” rating and issued a $79.00 target price on shares of AlarmCom in a research report on Saturday, May 9th. Zacks Investment Research downgraded AlarmCom from a “hold” rating to a “sell” rating in a research report on Monday, June 8th. BidaskClub raised AlarmCom from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Raymond James reduced their price target on AlarmCom from $65.00 to $55.00 and set a “strong-buy” rating on the stock in a research report on Wednesday, May 6th. Finally, Northland Securities reissued a “buy” rating and set a $65.00 price target on shares of AlarmCom in a research report on Monday, April 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and three have assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $62.38.

In other AlarmCom news, VP Daniel Ramos sold 2,834 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $62.17, for a total transaction of $176,189.78. Following the completion of the sale, the vice president now directly owns 39,769 shares in the company, valued at $2,472,438.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Stephen Trundle sold 4,752 shares of the company’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $37.12, for a total value of $176,394.24. Following the sale, the chief executive officer now owns 272,493 shares of the company’s stock, valued at $10,114,940.16. The disclosure for this sale can be found here. Insiders have sold 5,706,103 shares of company stock valued at $268,652,579 over the last 90 days. Corporate insiders own 26.00% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Alliancebernstein L.P. lifted its stake in shares of AlarmCom by 0.4% in the 4th quarter. Alliancebernstein L.P. now owns 58,890 shares of the software maker’s stock valued at $2,531,000 after acquiring an additional 250 shares during the last quarter. Mutual of America Capital Management LLC lifted its stake in shares of AlarmCom by 24.2% in the 1st quarter. Mutual of America Capital Management LLC now owns 1,601 shares of the software maker’s stock valued at $62,000 after acquiring an additional 312 shares during the last quarter. Amalgamated Bank lifted its stake in shares of AlarmCom by 4.6% in the 4th quarter. Amalgamated Bank now owns 7,110 shares of the software maker’s stock valued at $306,000 after acquiring an additional 313 shares during the last quarter. Mason Street Advisors LLC lifted its stake in shares of AlarmCom by 2.8% in the 4th quarter. Mason Street Advisors LLC now owns 12,688 shares of the software maker’s stock valued at $545,000 after acquiring an additional 340 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in shares of AlarmCom by 3.7% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 9,652 shares of the software maker’s stock valued at $376,000 after acquiring an additional 344 shares during the last quarter. Institutional investors own 97.36% of the company’s stock.

Shares of AlarmCom stock traded down $1.37 on Friday, hitting $63.54. The stock had a trading volume of 1,066,400 shares, compared to its average volume of 604,708. AlarmCom has a twelve month low of $32.00 and a twelve month high of $65.02. The business’s 50 day moving average is $54.08 and its two-hundred day moving average is $45.98. The company has a quick ratio of 3.51, a current ratio of 3.98 and a debt-to-equity ratio of 0.42. The stock has a market cap of $3.09 billion, a price-to-earnings ratio of 59.94, a price-to-earnings-growth ratio of 5.30 and a beta of 1.15.

AlarmCom Company Profile

Alarm.com Holdings, Inc provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.

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Earnings History and Estimates for AlarmCom (NASDAQ:ALRM)

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