$0.19 EPS Expected for Alarm.com Holdings, Inc. (ALRM) This Quarter

Brokerages expect that Alarm.com Holdings, Inc. (NASDAQ:ALRM) will report earnings per share (EPS) of $0.19 for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have made estimates for Alarm.com Holdings’ earnings, with the lowest EPS estimate coming in at $0.18 and the highest estimate coming in at $0.20. Alarm.com Holdings also reported earnings per share of $0.19 in the same quarter last year. The business is expected to report its next quarterly earnings results after the market closes on Wednesday, November 8th.

According to Zacks, analysts expect that Alarm.com Holdings will report full year earnings of $0.97 per share for the current fiscal year, with EPS estimates ranging from $0.97 to $0.98. For the next year, analysts anticipate that the business will post earnings of $0.98 per share, with EPS estimates ranging from $0.84 to $1.11. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that that provide coverage for Alarm.com Holdings.

Alarm.com Holdings (NASDAQ:ALRM) last announced its quarterly earnings data on Tuesday, August 8th. The software maker reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.14. Alarm.com Holdings had a negative return on equity of 35.68% and a net margin of 6.50%. The business had revenue of $86.00 million during the quarter, compared to analyst estimates of $81.05 million. During the same period last year, the company earned $0.15 earnings per share. Alarm.com Holdings’s quarterly revenue was up 33.5% compared to the same quarter last year.

Several equities research analysts recently commented on the stock. Bank of America Corporation boosted their price objective on shares of Alarm.com Holdings from $39.00 to $46.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. Maxim Group reaffirmed a “buy” rating and issued a $44.00 price objective on shares of Alarm.com Holdings in a research report on Wednesday, August 9th. Zacks Investment Research raised shares of Alarm.com Holdings from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research report on Monday, August 14th. Imperial Capital cut shares of Alarm.com Holdings from an “outperform” rating to an “in-line” rating and boosted their price objective for the company from $40.00 to $45.00 in a research report on Thursday, August 10th. Finally, BidaskClub raised shares of Alarm.com Holdings from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 9th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $43.70.

In other news, insider Vii Lp Tcv sold 58,898 shares of the company’s stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $43.93, for a total value of $2,587,389.14. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Daniel Kerzner sold 18,500 shares of the company’s stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $37.04, for a total transaction of $685,240.00. Following the completion of the sale, the insider now directly owns 11,065 shares in the company, valued at $409,847.60. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 370,942 shares of company stock worth $15,995,942. 78.50% of the stock is owned by insiders.

Several hedge funds have recently modified their holdings of the company. Koch Industries Inc. bought a new stake in shares of Alarm.com Holdings in the 2nd quarter valued at about $485,000. 1st Global Advisors Inc. bought a new stake in shares of Alarm.com Holdings in the 2nd quarter valued at about $275,000. California State Teachers Retirement System raised its holdings in shares of Alarm.com Holdings by 77.2% in the 2nd quarter. California State Teachers Retirement System now owns 36,031 shares of the software maker’s stock valued at $1,356,000 after purchasing an additional 15,700 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Alarm.com Holdings by 88.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,761 shares of the software maker’s stock valued at $630,000 after purchasing an additional 7,877 shares during the period. Finally, Osterweis Capital Management Inc. bought a new stake in shares of Alarm.com Holdings in the 2nd quarter valued at about $1,295,000. 84.05% of the stock is currently owned by institutional investors.

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Shares of Alarm.com Holdings (ALRM) traded up 0.84% during mid-day trading on Monday, hitting $47.91. The company had a trading volume of 186,022 shares. Alarm.com Holdings has a one year low of $26.68 and a one year high of $48.98. The company has a market capitalization of $2.24 billion, a P/E ratio of 122.53 and a beta of 1.45. The firm’s 50-day moving average price is $46.12 and its 200 day moving average price is $46.12.

Alarm.com Holdings Company Profile

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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Earnings History and Estimates for Alarm.com Holdings (NASDAQ:ALRM)

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