Arlo Technologies Inc (NYSE: ARLO) on Tuesday, soared 5.78% from the previous trading day, before settling in for the closing price of $10.56. Within the past 52 weeks, ARLO’s price has moved between $7.77 and $17.64.
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A company in the Industrials sector has jumped its sales by 2.17% annually for the last half of the decade. The company achieved an average annual earnings per share of 44.74%. With a float of $94.51 million, this company’s outstanding shares have now reached $95.38 million.
In an organization with 363 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Observing investor behavior towards Building Products & Equipment industry stocks is more important than anything else. The insider ownership of Arlo Technologies Inc is 5.43%, while institutional ownership is 88.99%. 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) Latest Financial update
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
Arlo Technologies Inc (ARLO) is currently performing well based on its current performance indicators. A quick ratio of 1.23 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.16. Likewise, its price to free cash flow for the trailing twelve months is 27.82.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.86 million. That was inferior than the volume of 0.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 52.79%. Additionally, its Average True Range was 0.44.
During the past 100 days, Arlo Technologies Inc’s (ARLO) raw stochastic average was set at 15.20%, which indicates a significant decrease from 57.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.44% in the past 14 days, which was lower than the 56.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.38, while its 200-day Moving Average is $12.01. However, in the short run, Arlo Technologies Inc’s stock first resistance to watch stands at $11.43. Second resistance stands at $11.70. The third major resistance level sits at $12.16. If the price goes on to break the first support level at $10.70, it is likely to go to the next support level at $10.24. The third support level lies at $9.97 if the price breaches the second support level.
Arlo Technologies Inc (NYSE: ARLO) Key Stats
Market capitalization of the company is 1.12 billion based on 99,936K outstanding shares. Right now, sales total 491,180 K and income totals -22,040 K. The company made 127,450 K in profit during its latest quarter, and -11,560 K in sales during its previous quarter.
