AlarmCom (ALRM) Issues FY18 Earnings Guidance

AlarmCom (NASDAQ:ALRM) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.20. The company issued revenue guidance of $407.5-409.7 million, compared to the consensus revenue estimate of $390.36 million.

Shares of AlarmCom stock traded down $2.00 during midday trading on Friday, reaching $47.65. 6,452 shares of the company’s stock traded hands, compared to its average volume of 476,621. The company has a market cap of $2.18 billion, a PE ratio of 63.04, a P/E/G ratio of 2.67 and a beta of 1.67. AlarmCom has a 12 month low of $33.39 and a 12 month high of $60.20.

AlarmCom (NASDAQ:ALRM) last announced its earnings results on Wednesday, November 7th. The software maker reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.11. The company had revenue of $111.85 million during the quarter, compared to the consensus estimate of $96.76 million. AlarmCom had a negative return on equity of 64.90% and a net margin of 9.75%. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 earnings per share. On average, equities analysts predict that AlarmCom will post 1.01 EPS for the current year.

A number of equities analysts recently commented on ALRM shares. Jefferies Financial Group upped their target price on AlarmCom to $55.00 and gave the company a buy rating in a report on Wednesday, August 8th. Stifel Nicolaus upped their target price on AlarmCom from $38.00 to $45.00 and gave the company a hold rating in a report on Wednesday, August 8th. Credit Suisse Group upped their target price on AlarmCom from $52.00 to $57.00 and gave the company an outperform rating in a report on Wednesday, August 8th. Roth Capital upped their target price on AlarmCom from $51.00 to $57.00 and gave the company a buy rating in a report on Wednesday, August 8th. Finally, ValuEngine upgraded AlarmCom from a hold rating to a buy rating in a report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company’s stock. AlarmCom presently has a consensus rating of Buy and an average price target of $55.00.

In other AlarmCom news, VP Daniel Ramos sold 70,299 shares of the stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $56.47, for a total value of $3,969,784.53. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Steve Valenzuela sold 15,000 shares of the stock in a transaction on Thursday, November 8th. The stock was sold at an average price of $48.77, for a total value of $731,550.00. Following the completion of the transaction, the chief financial officer now owns 42,774 shares of the company’s stock, valued at approximately $2,086,087.98. The disclosure for this sale can be found here. In the last quarter, insiders sold 334,245 shares of company stock valued at $18,458,406. 37.10% of the stock is owned by corporate insiders.

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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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