Does Earnings Surprise History Hold Any Clue for Alarm.com (NASDAQ:ALRM)

Earnings results for Alarm.com (NASDAQ:ALRM)

Alarm.com Holdings, Inc. is expected* to report earnings on 05/04/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.25. The reported EPS for the same quarter last year was $0.32.

Alarm.com last posted its quarterly earnings data on February 24th, 2021. The software maker reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.18. The firm had revenue of $165.58 million for the quarter, compared to analyst estimates of $145.64 million. Alarm.com has generated $1.35 earnings per share over the last year and currently has a price-to-earnings ratio of 60.2. Alarm.com has confirmed that its next quarterly earnings report will be published on Tuesday, May 4th, 2021. Alarm.com will be holding an earnings conference call on Tuesday, May 4th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Alarm.com (NASDAQ:ALRM)

9 Wall Street analysts have issued ratings and price targets for Alarm.com in the last 12 months. Their average twelve-month price target is $93.00, predicting that the stock has a possible upside of 3.61%. The high price target for ALRM is $120.00 and the low price target for ALRM is $55.00. There are currently 3 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of “Buy.”

Alarm.com has received a consensus rating of Buy. The company’s average rating score is 2.78, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings. According to analysts’ consensus price target of $93.00, Alarm.com has a forecasted upside of 3.6% from its current price of $89.76. Alarm.com has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: Alarm.com (NASDAQ:ALRM)

Alarm.com does not currently pay a dividend. Alarm.com does not have a long track record of dividend growth.

Insiders buying/selling: Alarm.com (NASDAQ:ALRM)

In the past three months, Alarm.com insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,230,676.00 in company stock. Only 20.80% of the stock of Alarm.com is held by insiders. 93.36% of the stock of Alarm.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Alarm.com (NASDAQ:ALRM

Earnings for Alarm.com are expected to grow by 0.89% in the coming year, from $1.12 to $1.13 per share. The P/E ratio of Alarm.com is 60.24, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.08. The P/E ratio of Alarm.com is 60.24, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 49.79. Alarm.com has a PEG Ratio of 4.75. PEG Ratios above 1 indicate that a company could be overvalued. Alarm.com has a P/B Ratio of 12.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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