Arlo Technologies Inc. (NYSE:ARLO) went down by -0.12% from its latest closing price compared to the recent 1-year high of $10.49. The company’s stock price has collected 1.35% of gains in the last five trading sessions. Press Release reported on 11/16/21 that Arlo Technologies Announces Inducement Awards Under NYSE Rule 303A.08
Is It Worth Investing in Arlo Technologies Inc. (NYSE :ARLO) Right Now?
Opinions of the stock are interesting as 1 analysts out of 5 who provided ratings for Arlo Technologies Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $10.50, which is $2.24 above the current price. ARLO currently public float of 83.65M and currently shorts hold a 4.30% ratio of that float. Today, the average trading volume of ARLO was 676.78K shares.
ARLO’s Market Performance
ARLO stocks went up by 1.35% for the week, with a monthly jump of 24.40% and a quarterly performance of 39.53%, while its annual performance rate touched 55.85%. The volatility ratio for the week stands at 3.76% while the volatility levels for the past 30 days are set at 4.22% for Arlo Technologies Inc.. The simple moving average for the period of the last 20 days is 11.83% for ARLO stocks with a simple moving average of 23.93% for the last 200 days.
Analysts’ Opinion of ARLO
Many brokerage firms have already submitted their reports for ARLO stocks, with Raymond James repeating the rating for ARLO by listing it as a “Outperform.” The predicted price for ARLO in the upcoming period, according to Raymond James is $6 based on the research report published on July 29th of the previous year 2020.
Deutsche Bank, on the other hand, stated in their research note that they expect to see ARLO reach a price target of $4. The rating they have provided for ARLO stocks is “Buy” according to the report published on November 12th, 2019.
Deutsche Bank gave a rating of “Buy” to ARLO, setting the target price at $4 in the report published on November 12th of the previous year.
ARLO Trading at 21.11% from the 50-Day Moving Average
After a stumble in the market that brought ARLO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.26% of loss for the given period.
Volatility was left at 4.22%, however, over the last 30 days, the volatility rate increased by 3.76%, as shares surge +24.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.70% upper at present.
During the last 5 trading sessions, ARLO rose by +1.35%, which changed the moving average for the period of 200-days by +1.85% in comparison to the 20-day moving average, which settled at $7.47. In addition, Arlo Technologies Inc. saw 6.03% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ARLO starting from Summers Grady, who purchase 1,033 shares at the price of $7.80 back on Nov 15. After this action, Summers Grady now owns 159,100 shares of Arlo Technologies Inc., valued at $8,057 using the latest closing price.
CARTER MILLER JOYCELYN, the Director of Arlo Technologies Inc., sale 30,000 shares at $7.00 during a trade that took place back on Nov 05, which means that CARTER MILLER JOYCELYN is holding 111,986 shares at $210,000 based on the most recent closing price.
Stock Fundamentals for ARLO
Current profitability levels for the company are sitting at:
- -29.36 for the present operating margin
- +15.52 for the gross margin
The net margin for Arlo Technologies Inc. stands at -28.35. The total capital return value is set at -52.51, while invested capital returns managed to touch -51.77. Equity return is now at value -51.90, with -18.10 for asset returns.
Based on Arlo Technologies Inc. (ARLO), the company’s capital structure generated 22.00 points at debt to equity in total, while total debt to capital is 18.03. Total debt to assets is 6.00, with long-term debt to equity ratio resting at 18.71. Finally, the long-term debt to capital ratio is 15.34.
When we switch over and look at the enterprise to sales, we see a ratio of 1.28, with the company’s debt to enterprise value settled at 0.07. The receivables turnover for the company is 3.49 and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.