As on March 16, 2023, Arlo Technologies Inc. (NYSE: ARLO) got off with the flyer as it spiked 2.61% to $5.89. During the day, the stock rose to $6.05 and sunk to $5.60 before settling in for the price of $5.74 at the close. Taking a more long-term approach, ARLO posted a 52-week range of $2.93-$9.76.
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The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 5.80%. Meanwhile, its Annual Earning per share during the time was -55.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.10%. This publicly-traded company’s shares outstanding now amounts to $88.66 million, simultaneously with a float of $84.24 million. The organization now has a market capitalization sitting at $553.60 million. At the time of writing, stock’s 50-day Moving Average stood at $4.18, while the 200-day Moving Average is $5.10.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 343 employees. For the Profitability, stocks gross margin was +27.74, operating margin was -11.23 and Pretax Margin of -11.35.
Arlo Technologies Inc. (ARLO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Building Products & Equipment industry. Arlo Technologies Inc.’s current insider ownership accounts for 5.10%, in contrast to 73.70% institutional ownership. According to the most recent insider trade that took place on Mar 09, this organization’s Director sold 40,000 shares at the rate of 6.00, making the entire transaction reach 240,000 in total value, affecting insider ownership by 81,642. Preceding that transaction, on Feb 15, Company’s Director bought 3,497 for 4.27, making the whole transaction’s value amount to 14,932. This particular insider is now the holder of 227,072 in total.
Arlo Technologies Inc. (ARLO) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2022, the company posted -$0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.13) by $0.08. This company achieved a net margin of -11.55 while generating a return on equity of -56.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
Arlo Technologies Inc.’s EPS increase for this current 12-month fiscal period is 4.10% and is forecasted to reach 0.29 in the upcoming year.
Arlo Technologies Inc. (NYSE: ARLO) Trading Performance Indicators
Let’s observe the current performance indicators for Arlo Technologies Inc. (ARLO). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.35. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.13.
In the same vein, ARLO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.65, a figure that is expected to reach -0.05 in the next quarter, and analysts are predicting that it will be 0.29 at the market close of one year from today.
Technical Analysis of Arlo Technologies Inc. (ARLO)
Through scrutinizing the latest numbers posted by the [Arlo Technologies Inc., ARLO], it can be observed that its last 5-days Average volume of 1.7 million was better the volume of 1.1 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 85.98% While, its Average True Range was 0.40.
Raw Stochastic average of Arlo Technologies Inc. (ARLO) in the period of the previous 100 days is set at 93.97%, which indicates a major rise in contrast to 92.99% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 177.56% that was higher than 102.25% volatility it exhibited in the past 100-days period.