Price Don’t Lie: After Today’s Big Increase, Is AlarmCom Hldg Inc’s Near-Term Analysis Positive?

Price Don't Lie: After Today's Big Increase, Is AlarmCom Hldg Inc's Near Term Analysis Positive?

The stock of AlarmCom Hldg Inc (NASDAQ:ALRM) is a huge mover today! The stock increased 4.09% or $1.21 on November 22, hitting $30.78. About 269,000 shares traded hands or 8.21% up from the average. AlarmCom Hldg Inc (NASDAQ:ALRM) has risen 28.29% since April 20, 2016 and is uptrending. It has outperformed by 23.73% the S&P500.
The move comes after 6 months positive chart setup for the $1.41B company. It was reported on Nov, 22 by Barchart.com. We have $32.01 PT which if reached, will make NASDAQ:ALRM worth $56.40M more.

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. Alarm.com Holdings has been the topic of 18 analyst reports since July 21, 2015 according to StockzIntelligence Inc. On Tuesday, August 16 the stock rating was downgraded by Raymond James to “Market Perform”. Bank of America initiated it with “Buy” rating and $21 target price in Tuesday, July 21 report. The company was initiated on Wednesday, July 22 by Imperial Capital. The stock has “Buy” rating given by Goldman Sachs on Tuesday, August 16. Credit Suisse initiated AlarmCom Hldg Inc (NASDAQ:ALRM) rating on Tuesday, July 21. Credit Suisse has “Outperform” rating and $22 price target. The firm has “Buy” rating given on Monday, October 3 by Roth Capital. As per Tuesday, July 21, the company rating was initiated by William Blair. Stifel Nicolaus downgraded AlarmCom Hldg Inc (NASDAQ:ALRM) on Friday, April 1 to “Neutral” rating. On Tuesday, July 21 the stock rating was initiated by Stifel Nicolaus with “Buy”. On Tuesday, July 21 the stock rating was initiated by Raymond James with “Outperform”.

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 important recent AlarmCom Hldg Inc (NASDAQ:ALRM) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on May 30, 2015, also Fool.com published article titled: “Why Alarm.com Holdings Inc. Stock Jumped 17% On Wednesday”, Fool.com published: “Why Alarm.com Holdings, Inc. Stock Jumped 12.8%” on June 23, 2016. More interesting news about AlarmCom Hldg Inc (NASDAQ:ALRM) was released by: Streetinsider.com and their article: “Alarm.com Holdings, Inc. (ALRM) Appoints Steve Valenzuela CFO” with publication date: November 14, 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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