The stock of ARMOUR Residential REIT Inc (ARR) has gone down by -0.36% for the week, with a -7.59% drop in the past month and a 4.64% rise in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are 2.47% for ARR. The simple moving average for the past 20 days is -2.53% for ARR’s stock, with a 5.36% simple moving average for the past 200 days.
Is It Worth Investing in ARMOUR Residential REIT Inc (NYSE: ARR) Right Now?
The stock has a 36-month beta value of 1.49. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 2 as “sell.”
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The public float for ARR is 48.47M, and at present, short sellers hold a 8.82% of that float. On August 14, 2024, the average trading volume of ARR was 1.03M shares.
ARR) stock’s latest price update
ARMOUR Residential REIT Inc (NYSE: ARR) has experienced a rise in its stock price by 0.14 compared to its previous closing price of 19.97. However, the company has seen a fall of -0.36% in its stock price over the last five trading days. globenewswire.com reported 2024-08-08 that Q2 2024 Financial Highlights Revenue (in $ millions) SaaS Subscription Recurring Total Reported Y/Y growth Reported Y/Y growth Reported Y/Y growth $7.3 16.6% $10.8 11.5% $17.4 4.5% SaaS ARR up 17% Y/Y to $29.4 million; Total ARR up 11% Y/Y to $43.6 million; SaaS NRR of 109%; Bookings up 112% Y/Y and 42% Q/Q to $12.9 million; Adjusted EBITDA margin of 26.0% or $4.5 million; Gross profit margin of 60%; RPO of $27.8 million; Revenue per Employee up 7% Y/Y to $338k; Repurchase of 85,700 shares for $0.78 million, at an average price of $9.13. CALGARY, Alberta, Aug. 08, 2024 (GLOBE NEWSWIRE) — Sylogist Ltd.
Analysts’ Opinion of ARR
Many brokerage firms have already submitted their reports for ARR stocks, with Janney repeating the rating for ARR by listing it as a “Neutral.” The predicted price for ARR in the upcoming period, according to Janney is $20 based on the research report published on June 06, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see ARR reach a price target of $18.50. The rating they have provided for ARR stocks is “Neutral” according to the report published on December 06th, 2023.
B. Riley Securities gave a rating of “Neutral” to ARR, setting the target price at $9.50 in the report published on February 22nd of the previous year.
ARR Trading at -0.11% from the 50-Day Moving Average
After a stumble in the market that brought ARR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.27% of loss for the given period.
Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares sank -7.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.25% upper at present.
During the last 5 trading sessions, ARR fell by -0.40%, which changed the moving average for the period of 200-days by +43.71% in comparison to the 20-day moving average, which settled at $20.43. In addition, ARMOUR Residential REIT Inc saw 3.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ARR starting from Macauley Desmond, who purchase 1,000 shares at the price of $19.02 back on May 30 ’24. After this action, Macauley Desmond now owns 1,000 shares of ARMOUR Residential REIT Inc, valued at $19,020 using the latest closing price.
STATON DANIEL C, the Chairman of the Board of ARMOUR Residential REIT Inc, sale 61,682 shares at $19.46 during a trade that took place back on Dec 29 ’23, which means that STATON DANIEL C is holding 10,500 shares at $1,200,141 based on the most recent closing price.
Stock Fundamentals for ARR
Current profitability levels for the company are sitting at:
- 2.34 for the present operating margin
- -0.64 for the gross margin
The net margin for ARMOUR Residential REIT Inc stands at -0.91. The total capital return value is set at 0.19. Equity return is now at value -9.28, with -1.00 for asset returns.
Based on ARMOUR Residential REIT Inc (ARR), the company’s capital structure generated 0.86 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 6.09. The interest coverage ratio of the stock is 0.68.
Currently, EBITDA for the company is 457.87 million with net debt to EBITDA at 23.69. When we switch over and look at the enterprise to sales, we see a ratio of 63.19. The receivables turnover for the company is 3.36for trailing twelve months and the total asset turnover is 0.01.
Conclusion
To sum up, ARMOUR Residential REIT Inc (ARR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
