A new trading day began on Friday, with Arm Holdings plc. ADR (NASDAQ: ARM) stock price up 4.56% from the previous day of trading, before settling in for the closing price of $129.72. ARM’s price has ranged from $46.50 to $188.75 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 17.71%. Meanwhile, its annual earnings per share averaged 23.14%. With a float of $1.08 billion, this company’s outstanding shares have now reached $1.09 billion.
The extent of productivity of a business whose workforce counts for 7096 workers is very important to gauge. In terms of profitability, gross margin is 93.77%, operating margin of 5.2%, and the pretax margin is 9.41%.
Arm Holdings plc. ADR (ARM) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Arm Holdings plc. ADR is 0.54%, while institutional ownership is 5.10%.
Arm Holdings plc. ADR (ARM) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.36 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). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.14% per share during the next fiscal year.
Arm Holdings plc. ADR (NASDAQ: ARM) Trading Performance Indicators
Here are Arm Holdings plc. ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 42.20. Likewise, its price to free cash flow for the trailing twelve months is 181.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.39, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 2.06 in one year’s time.
Technical Analysis of Arm Holdings plc. ADR (ARM)
The latest stats from [Arm Holdings plc. ADR, ARM] show that its last 5-days average volume of 6.08 million was inferior to 12.5 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 79.02%. Additionally, its Average True Range was 8.84.
During the past 100 days, Arm Holdings plc. ADR’s (ARM) raw stochastic average was set at 48.50%, which indicates a significant decrease from 92.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.08% in the past 14 days, which was lower than the 79.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $149.90, while its 200-day Moving Average is $111.77. Now, the first resistance to watch is $139.21. This is followed by the second major resistance level at $142.78. The third major resistance level sits at $147.52. If the price goes on to break the first support level at $130.90, it is likely to go to the next support level at $126.16. The third support level lies at $122.59 if the price breaches the second support level.
Arm Holdings plc. ADR (NASDAQ: ARM) Key Stats
With a market capitalization of 147.57 billion, the company has a total of 1,047,835K Shares Outstanding. Currently, annual sales are 3,233 M while annual income is 306,000 K. The company’s previous quarter sales were 939,000 K while its latest quarter income was 223,000 K.
