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.
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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