On Monday, Arlo Technologies Inc (NYSE: ARLO) was -1.55% drop from the session before settling in for the closing price of $11.58. A 52-week range for ARLO has been $7.77 – $17.64.
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
During the last 5-year period, the sales growth of Industrials Sector giant was 2.17%. When this article was written, the company’s average yearly earnings per share was at 44.74%. With a float of $94.51 million, this company’s outstanding shares have now reached $95.38 million.
Let’s determine the extent of company efficiency that accounts for 363 employees. In terms of profitability, gross margin is 35.75%, operating margin of -4.66%, and the pretax margin is -4.03%.
Arlo Technologies Inc (ARLO) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arlo Technologies Inc stocks. The insider ownership of Arlo Technologies Inc is 5.43%, while institutional ownership is 89.03%. The most recent insider transaction that took place on Sep 30 ’24, was worth 84,766. In this transaction CHIEF FINANCIAL OFFICER of this company sold 7,098 shares at a rate of $11.94, taking the stock ownership to the 892,595 shares. Before that another transaction happened on Sep 30 ’24, when Company’s Officer proposed sale 7,098 for $11.83, making the entire transaction worth $83,969.
Arlo Technologies Inc (ARLO) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.09 earnings per share (EPS) during the time that was better than consensus figure (set at 0.07) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 26.70% growth over the previous five years of trading.
Arlo Technologies Inc (NYSE: ARLO) Trading Performance Indicators
You can see what Arlo Technologies Inc (ARLO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.20. Likewise, its price to free cash flow for the trailing twelve months is 28.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.22, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Arlo Technologies Inc (ARLO)
Looking closely at Arlo Technologies Inc (NYSE: ARLO), its last 5-days average volume was 0.66 million, which is a drop from its year-to-date volume of 0.95 million. As of the previous 9 days, the stock’s Stochastic %D was 73.84%. Additionally, its Average True Range was 0.46.
During the past 100 days, Arlo Technologies Inc’s (ARLO) raw stochastic average was set at 13.33%, which indicates a significant decrease from 60.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.17% in the past 14 days, which was lower than the 55.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.68, while its 200-day Moving Average is $11.92. However, in the short run, Arlo Technologies Inc’s stock first resistance to watch stands at $11.57. Second resistance stands at $11.73. The third major resistance level sits at $11.90. If the price goes on to break the first support level at $11.24, it is likely to go to the next support level at $11.07. Should the price break the second support level, the third support level stands at $10.91.
Arlo Technologies Inc (NYSE: ARLO) Key Stats
There are 97,579K outstanding shares of the company, which has a market capitalization of 1.14 billion. As of now, sales total 491,180 K while income totals -22,040 K. Its latest quarter income was 127,450 K while its last quarter net income were -11,560 K.
