A View of Arlo Technologies Inc. (ARLO) Stock’s Fundamentals and Valuations

A share price of Arlo Technologies Inc. [ARLO] is currently trading at $7.35, up up 1.10%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ARLO shares have gain 9.38% over the last week, with a monthly amount glided 20.69%, and seem to be holding up well over a long-time horizon.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored

On 1, August 2022, ARLO DEBUTS FIRST-EVER NATIONAL CAMPAIGN AIRING ACROSS LINEAR TV NETWORKS AND STREAMING PLATFORMS. In a post published today on Yahoo Finance, “Protect Your Everything” TV Spots Personify Relatable, Everyday Uncertainties and Illustrate How Arlo Smart Home Security Delivers Smarter Protection.

From an analyst’s perspective:

Arlo Technologies Inc. [NYSE: ARLO] stock has seen the most recent analyst activity on January 25, 2022, when Lake Street initiated its Buy rating and assigned the stock a price target of $14. Previously, Raymond James upgraded its rating to Outperform on July 29, 2020, and kept the price target unchanged to $6. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $4 on November 12, 2019. BofA/Merrill reiterated its recommendation of a Underperform and reduced its price target to $3.50 on August 07, 2019. Imperial Capital reiterated a Outperform rating for this stock on February 07, 2019, and downed its price target to $7.50. In a note dated February 06, 2019, BofA/Merrill downgraded an Underperform rating on this stock.

Arlo Technologies Inc. experienced fluctuations in its stock price throughout the past year between $5.50 and $11.79. Currently, Wall Street analysts expect the stock to reach $14.33 within the next 12 months. Arlo Technologies Inc. [NYSE: ARLO] shares were valued at $7.35 at the most recent close of the market. An investor can expect a potential return of 94.97% based on the average price forecast.

Analyzing the ARLO fundamentals

During the last quarter, Arlo Technologies Inc. [NYSE:ARLO] saw sales of 124.75 billion, an improvement of 51.10%. Gross Margin for this corporation currently stands at +24.80% with Operating Margin at -11.39%, Pretax Margin comes in at -12.72%, and Net Margin reading is -12.88%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.22 points at the first support level, and at 7.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.42, and for the 2nd resistance point, it is at 7.49.

Arlo Technologies Inc. [ARLO] reported earnings per share of $0.01 for its fiscal quarter that ended on 3/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.03/share, meaning a difference of $0.04 and a surprise factor of 133.30%. By comparison, the stated earnings for the previous quarter ended on 12/30/2021 were $0.04 per share as compared to estimates of -$0.03 per share, a difference of $0.07 representing a surprise of 233.30%.

Ratios To Look Out For

A current ratio of 1.50 is a noteworthy aspect of Arlo Technologies Inc. [NYSE:ARLO]. Also, the Quick Ratio is 1.26, while the Cash Ratio stands at 0.83. Considering the valuation of this stock, the price to sales ratio is 1.99, the price to book ratio is 7.86.

Transactions by insiders

We now turn our attention to insider trading, which in the past 3 months has resulted in 8 insider buyings of 180,765 shares and 0 insider sellings of 0 shares. Recent insider trading involved Mattingly Gordon, Chief Financial Officer, that happened on Aug 02 when 25000.0 shares were sold. Director, Summers Grady completed a deal on May 16 to buy 1183.0 shares. Meanwhile, Director FAISON RALPH E bought 15200.0 shares on May 16.