Arlo Technologies Inc (ARLO) is predicted to post EPS of 0.09 in the upcoming quarter : This Stock is Ticking Every Box for Top Investors

Arlo Technologies Inc (NYSE: ARLO) started the day on Thursday, with a price increase of 0.38% at $10.57, before settling in for the price of $10.53 at the close. Taking a more long-term approach, ARLO posted a 52-week range of $6.18-$13.34.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Industrials Sector giants’ yearly sales growth during the last 5-year period was 2.17%. Meanwhile, its Annual Earning per share during the time was 26.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 47.71%. This publicly-traded company’s shares outstanding now amounts to $95.38 million, simultaneously with a float of $91.29 million. The organization now has a market capitalization sitting at $1.02 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.89, while the 200-day Moving Average is $10.02.

Arlo Technologies Inc (ARLO) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Building Products & Equipment Industry. Arlo Technologies Inc’s current insider ownership accounts for 5.07%, in contrast to 83.43% institutional ownership. According to the most recent insider trade that took place on Mar 13 ’24, this organization’s GENERAL COUNSEL sold 56,973 shares at the rate of 11.68, making the entire transaction reach 665,445 in total value, affecting insider ownership by 604,905. Preceding that transaction, on Mar 06 ’24, Company’s CEO sold 119,900 for 10.91, making the whole transaction’s value amount to 1,308,133. This particular insider is now the holder of 2,195,050 in total.

Arlo Technologies Inc (ARLO) Earnings and Revenue Records

Arlo Technologies Inc’s EPS increase for this current 12-month fiscal period is 47.71% and is forecasted to reach 0.58 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 1.31. The Stock has managed to achieve an average true range (ATR) of 0.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.07. Similarly, its price to free cash flow for trailing twelve months is now 28.67.

In the same vein, ARLO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.24, a figure that is expected to reach 0.09 in the next quarter, and analysts are predicting that it will be 0.58 at the market close of one year from today.

Technical Analysis of Arlo Technologies Inc (ARLO)

If we take a close look at the recent performances of Arlo Technologies Inc (NYSE: ARLO), its last 5-days Average volume was 0.76 million that shows plunge from its year to date volume of 0.99 million. During the previous 9 days, stock’s Stochastic %D was recorded 4.18% 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 44.71%, which indicates a major rise in contrast to 7.01% 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 26.05% that was lower than 46.91% volatility it exhibited in the past 100-days period.