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ARM Holdings plc (NASDAQ:ARMH)‘s stock had its “overweight” rating reiterated by analysts at Barclays in a research report issued to clients and investors on Tuesday.

ARMH has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of ARM Holdings plc in a research note on Monday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of ARM Holdings plc in a research note on Tuesday, June 24th. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of ARM Holdings plc in a research note on Monday, June 16th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seventeen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $49.08.

Shares of ARM Holdings plc (NASDAQ:ARMH) traded down 1.95% during mid-day trading on Tuesday, hitting $45.35. 795,985 shares of the company’s stock traded hands. ARM Holdings plc has a one year low of $37.96 and a one year high of $55.26. The stock’s 50-day moving average is $45.49 and its 200-day moving average is $47.82. The company has a market cap of $21.299 billion and a price-to-earnings ratio of 110.91.

ARM Holdings plc (NASDAQ:ARMH) last released its earnings data on Wednesday, April 23rd. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.06 by $0.01. The company had revenue of $186.70 million for the quarter, compared to the consensus estimate of $185.65 million. During the same quarter in the prior year, the company posted $0.05 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. Analysts expect that ARM Holdings plc will post $1.20 EPS for the current fiscal year.

ARM Holdings plc (NASDAQ:ARMH) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.

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