The stock of AlarmCom Hldg Inc (NASDAQ:ALRM) reached all time high today, Nov, 15 and still has $46.78 target or 60.00% above today’s $29.24 share price. This indicates more upside for the $1.41B company. This technical setup was reported by Barchart.com. If the $46.78 PT is reached, the company will be worth $846.00M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 507,107 shares traded hands or 184.39% up from the average. AlarmCom Hldg Inc (NASDAQ:ALRM) has risen 44.83% since April 13, 2016 and is uptrending. It has outperformed by 40.91% the S&P500.
AlarmCom Hldg Inc (NASDAQ:ALRM) Ratings Coverage
Out of 10 analysts covering Alarm.com Holdings (NASDAQ:ALRM), 7 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 70% are positive. $33.50 is the highest target while $18 is the lowest. The $28.11 average target is -3.86% below today’s ($29.24) stock price. Alarm.com Holdings has been the topic of 18 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Raymond James downgraded the shares of ALRM in a report on Tuesday, August 16 to “Market Perform” rating. The stock has “Buy” rating given by Bank of America on Tuesday, July 21. The company was maintained on Friday, June 24 by Bank of America. The stock of AlarmCom Hldg Inc (NASDAQ:ALRM) earned “Buy” rating by Roth Capital on Monday, October 3. The firm earned “Overweight” rating on Friday, July 8 by First Analysis. Imperial Capital initiated the stock with “Outperform” rating in Wednesday, July 22 report. TH Capital initiated AlarmCom Hldg Inc (NASDAQ:ALRM) rating on Monday, October 3. TH Capital has “Buy” rating and $33.50 price target. The rating was initiated by William Blair with “Outperform” on Tuesday, July 21. Credit Suisse initiated the stock with “Outperform” rating in Tuesday, July 21 report. The company was maintained on Tuesday, August 16 by Goldman Sachs.
According to Zacks Investment Research, “Alarm.com Holdings, Inc. offers interactive security solutions for home and business owners. The Company offers security systems which include image sensor, crash and smash protection, web control, mobile access and video monitoring. Alarm.com Holdings, Inc. is based in VIENNA, United States.”
More notable recent AlarmCom Hldg Inc (NASDAQ:ALRM) news were published by: Streetinsider.com which released: “Alarm.com Holdings, Inc. (ALRM) Appoints Steve Valenzuela CFO” on November 14, 2016, also Fool.com with their article: “Why Alarm.com Holdings, Inc. Stock Jumped 12.8%” published on June 23, 2016, Marketwatch.com published: “Plus the latest data from Realtor.com on 21 home markets across the US” on May 30, 2015. More interesting news about AlarmCom Hldg Inc (NASDAQ:ALRM) were released by: Fool.com and their article: “Why Alarm.com Holdings Inc. Stock Jumped 17% On Wednesday” published on November 11, 2015 as well as Equitiesfocus.com‘s news article titled: “AlarmCom Hldg Inc (NASDAQ:ALRM) Reports Basic Consolidated EPS At $0.4881” with publication date: November 13, 2016.
ALRM Company Profile
Alarm.com Holdings, Inc., incorporated on January 27, 2009, is a platform solution for the connected home. The Company, through its cloud services, makes connected home technology accessible to millions of home and business owners. The Firm operates through two divisions: Alarm.com and Other. The Company’s Alarm.com segment represents its cloud platform for the connected home and related connected home solutions. The Company’s Alarm.com segment also includes the results of Horizon Analog, which is a research firm that focuses on collection and analysis of data relating energy usage and consumer behavior and energy disaggregation; Secure-i, which is a commercial video as a service provider, and SecurityTrax, which provides software-as-a-service (SaaS) customer relationship management software tailored for security system dealers. The Company’s Other segment is focused on researching and developing home and commercial automation and energy management services and products in adjacent markets. The Company’s multi-tenant SaaS platform enables home and business owners to secure their properties and automate and control an array of connected devices through a single, intuitive user interface. The Firm offers over four primary solutions, which are used individually or combined and integrated within a single user interface accessible through the Web and mobile applications, including interactive security, intelligent automation, video monitoring and energy management.
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