Company’s 36-month beta value is 1.81.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for ARLO is 94.89M, and currently, short sellers hold a 6.80% ratio of that floaft. The average trading volume of ARLO on November 14, 2024 was 796.99K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
ARLO) stock’s latest price update
Arlo Technologies Inc (NYSE: ARLO)’s stock price has decreased by -2.22 compared to its previous closing price of 11.72. However, the company has seen a -2.63% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-07 that Arlo Technologies, Inc. (NYSE:ARLO ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Tahmin Clarke – Investor Relations Matthew McRae – CEO Kurt Binder – COO and CFO Conference Call Participants Jacob Stephan – Lake Street Mark Cash – Raymond James Hamed Khorsand – BWS Financial Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.
ARLO’s Market Performance
Arlo Technologies Inc (ARLO) has experienced a -2.63% fall in stock performance for the past week, with a -1.88% drop in the past month, and a -5.68% drop in the past quarter. The volatility ratio for the week is 8.29%, and the volatility levels for the past 30 days are at 4.77% for ARLO. The simple moving average for the last 20 days is 2.10% for ARLO stock, with a simple moving average of -5.29% for the last 200 days.
Analysts’ Opinion of ARLO
Many brokerage firms have already submitted their reports for ARLO stocks, with Craig Hallum repeating the rating for ARLO by listing it as a “Buy.” The predicted price for ARLO in the upcoming period, according to Craig Hallum is $15 based on the research report published on November 08, 2024 of the current year 2024.
ROTH MKM, on the other hand, stated in their research note that they expect to see ARLO reach a price target of $13. The rating they have provided for ARLO stocks is “Buy” according to the report published on October 31st, 2023.
Craig Hallum gave a rating of “Buy” to ARLO, setting the target price at $17 in the report published on June 29th of the previous year.
ARLO Trading at 0.72% 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 -35.03% of loss for the given period.
Volatility was left at 4.77%, however, over the last 30 days, the volatility rate increased by 8.29%, as shares sank -3.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.06% upper at present.
During the last 5 trading sessions, ARLO fell by -2.63%, which changed the moving average for the period of 200-days by +27.47% in comparison to the 20-day moving average, which settled at $11.22. In addition, Arlo Technologies Inc saw 20.38% 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 ARLO starting from BINDER KURTIS JOSEPH, who sale 7,098 shares at the price of $11.94 back on Sep 30 ’24. After this action, BINDER KURTIS JOSEPH now owns 892,595 shares of Arlo Technologies Inc, valued at $84,766 using the latest closing price.
KURTIS BINDER, the Officer of Arlo Technologies Inc, proposed sale 7,098 shares at $11.83 during a trade that took place back on Sep 30 ’24, which means that KURTIS BINDER is holding shares at $83,969 based on the most recent closing price.
Stock Fundamentals for ARLO
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.36 for the gross margin
The net margin for Arlo Technologies Inc stands at -0.05. The total capital return value is set at -0.24. Equity return is now at value -26.67, with -8.18 for asset returns.
Based on Arlo Technologies Inc (ARLO), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 3.63.
Currently, EBITDA for the company is -19.55 million with net debt to EBITDA at 2.34. When we switch over and look at the enterprise to sales, we see a ratio of 2.07. The receivables turnover for the company is 7.65for trailing twelve months and the total asset turnover is 1.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.
Conclusion
In a nutshell, Arlo Technologies Inc (ARLO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
