Jefferies Group Weighs in on AlarmCom Hldg Inc’s Q1 2018 Earnings (ALRM)

AlarmCom Hldg Inc (NASDAQ:ALRM) – Analysts at Jefferies Group boosted their Q1 2018 EPS estimates for AlarmCom in a note issued to investors on Thursday. Jefferies Group analyst J. Difucci now anticipates that the software maker will earn $0.20 per share for the quarter, up from their prior estimate of $0.17. Jefferies Group currently has a “Buy” rating and a $43.00 target price on the stock. Jefferies Group also issued estimates for AlarmCom’s Q2 2018 earnings at $0.20 EPS, Q3 2018 earnings at $0.23 EPS, Q4 2018 earnings at $0.26 EPS, FY2018 earnings at $0.90 EPS, Q1 2019 earnings at $0.27 EPS, Q2 2019 earnings at $0.28 EPS, Q3 2019 earnings at $0.29 EPS, Q4 2019 earnings at $0.29 EPS and FY2019 earnings at $1.13 EPS.

Other research analysts also recently issued reports about the company. Maxim Group reiterated a “buy” rating and set a $57.00 price objective on shares of AlarmCom in a report on Tuesday, November 21st. Northland Securities set a $51.00 price objective on AlarmCom and gave the stock a “buy” rating in a report on Thursday, November 16th. Bank of America increased their price objective on AlarmCom from $46.00 to $55.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. BidaskClub downgraded AlarmCom from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $38.00 price objective (up from $34.00) on shares of AlarmCom in a report on Thursday, November 9th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $46.90.

Shares of AlarmCom (ALRM) opened at $38.73 on Monday. AlarmCom has a fifty-two week low of $26.84 and a fifty-two week high of $49.49. The stock has a market capitalization of $1,825.75, a PE ratio of 59.59, a price-to-earnings-growth ratio of 3.16 and a beta of 1.26. The company has a quick ratio of 2.88, a current ratio of 3.16 and a debt-to-equity ratio of -0.81.

AlarmCom (NASDAQ:ALRM) last announced its quarterly earnings results on Wednesday, November 8th. The software maker reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.07. AlarmCom had a negative return on equity of 42.00% and a net margin of 9.97%. The company had revenue of $90.00 million during the quarter, compared to the consensus estimate of $83.04 million. During the same period in the prior year, the company earned $0.19 earnings per share. The company’s revenue for the quarter was up 32.7% compared to the same quarter last year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in shares of AlarmCom in the third quarter valued at approximately $109,000. Macquarie Group Ltd. acquired a new stake in shares of AlarmCom in the third quarter valued at approximately $147,000. BNP Paribas Arbitrage SA lifted its position in shares of AlarmCom by 95.8% in the second quarter. BNP Paribas Arbitrage SA now owns 4,156 shares of the software maker’s stock valued at $156,000 after buying an additional 2,033 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of AlarmCom by 17.6% in the second quarter. Victory Capital Management Inc. now owns 4,215 shares of the software maker’s stock valued at $159,000 after buying an additional 632 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in shares of AlarmCom by 57.4% in the second quarter. Legal & General Group Plc now owns 4,586 shares of the software maker’s stock valued at $172,000 after buying an additional 1,673 shares during the last quarter. 83.19% of the stock is owned by institutional investors.

In related news, insider Timothy P. Mcadam sold 20,407 shares of the stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $36.78, for a total transaction of $750,569.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Daniel Ramos sold 4,800 shares of the stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of $47.15, for a total value of $226,320.00. Following the transaction, the vice president now directly owns 82,327 shares of the company’s stock, valued at $3,881,718.05. The disclosure for this sale can be found here. Insiders have sold 283,178 shares of company stock valued at $12,111,202 over the last three months. Insiders own 46.80% of the company’s stock.

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About AlarmCom

Alarm.com Holdings, Inc is a platform solution for the connected property. The Company offers a suite of cloud-based solutions for the smart home and business, including interactive security, video monitoring, intelligent automation and energy management. The Company operates through two segments: Alarm.com and Other.

Earnings History and Estimates for AlarmCom (NASDAQ:ALRM)

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