Arlo Technologies Inc (ARLO) with a beta value of 1.63 appears to be a promising investment opportunity.

A new trading day began on November 20, 2023, with Arlo Technologies Inc (NYSE: ARLO) stock priced at $8.81, up 3.28% from the previous day of trading. During the day, the shares moved up to $9.29 and dropped to $8.78 before settling in for the closing price of $8.85. ARLO’s price has ranged from $3.07 to $11.54 over the past 52 weeks.

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Industrials Sector giant saw their annual sales surged by 7.21% over the last five years. Meanwhile, its annual earnings per share averaged 458.57%. With a float of $89.17 million, this company’s outstanding shares have now reached $94.63 million.

The firm has a total of 343 workers. Let’s measure their productivity. In terms of profitability, gross margin is +27.74, operating margin of -11.23, and the pretax margin is -11.35.

Arlo Technologies Inc (ARLO) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Building Products & Equipment Industry. The insider ownership of Arlo Technologies Inc is 5.77%, while institutional ownership is 82.20%. The most recent insider transaction that took place on Sep 01, was worth 1,842,739. In this transaction CEO of this company sold 187,623 shares at a rate of $9.82, taking the stock ownership to the 2,438,972 shares. Before that another transaction happened on Aug 31, when Company’s CEO sold 197,153 for $9.92, making the entire transaction worth $1,955,561. This insider now owns 2,626,595 shares in total.

Arlo Technologies Inc (ARLO) Recent Fiscal highlights

In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.09 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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.

According to the Wall Street analysts, stocks earnings will be around 458.57% per share during the next fiscal year.

Arlo Technologies Inc (NYSE: ARLO) Trading Performance Indicators

Here are Arlo Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.82. Likewise, its price to free cash flow for the trailing twelve months is 55.66.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.50, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.39 in one year’s time.

Technical Analysis of Arlo Technologies Inc (ARLO)

Analysing the last 5-days average volume posted by the [Arlo Technologies Inc, ARLO], we can find that recorded value of 0.9 million was lower than the volume posted last year of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 71.32%. Additionally, its Average True Range was 0.47.

During the past 100 days, Arlo Technologies Inc’s (ARLO) raw stochastic average was set at 36.34%, which indicates a significant decrease from 88.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.45% in the past 14 days, which was higher than the 52.66% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.38, while its 200-day Moving Average is $8.40. Now, the first resistance to watch is $9.36. This is followed by the second major resistance level at $9.58. The third major resistance level sits at $9.87. If the price goes on to break the first support level at $8.85, it is likely to go to the next support level at $8.56. Now, if the price goes above the second support level, the third support stands at $8.34.

Arlo Technologies Inc (NYSE: ARLO) Key Stats

With a market capitalization of 864.92 million, the company has a total of 94,629K Shares Outstanding. Currently, annual sales are 490,410 K while annual income is -56,630 K. The company’s previous quarter sales were 130,000 K while its latest quarter income was -1,120 K.


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