Arm Holdings plc. ADR (ARM) Shares on the Rise: Short-term Analysis

Arm Holdings plc. ADR [ARM] stock is trading at $151.46, up 1.43%. An important factor to consider is whether the stock is rising or falling in short-term value. The ARM shares have gain 7.76% over the last week, with a monthly amount glided 8.82%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

On September 13, 2024, Raymond James initiated with a Outperform rating and assigned a price target of $160 on the stock. Daiwa Securities upgraded its rating to a Outperform but stick to its price target of $130 on August 08, 2024. Bernstein upgraded its rating to a Mkt Perform and raised its price target to $100 on August 07, 2024. TD Cowen reiterated a Buy rating for this stock on August 01, 2024, and upped its price target to $150. In a note dated July 29, 2024, HSBC Securities downgraded an Reduce rating on this stock.

Arm Holdings plc. ADR [ARM] stock has fluctuated between $46.50 and $188.75 over the past year. Currently, Wall Street analysts expect the stock to reach $129.54 within the next 12 months. Arm Holdings plc. ADR [NASDAQ: ARM] shares were valued at $151.46 at the most recent close of the market. An investor can expect a potential drop of -14.47% based on the average ARM price forecast.

Analyzing the ARM fundamentals

Arm Holdings plc. ADR [NASDAQ:ARM] reported sales of 3.50B for the trailing twelve months, which represents a growth of 39.11%. Gross Profit Margin for this corporation currently stands at 0.94% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.

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 149.07 points at the first support level, and at 146.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 153.07, and for the 2nd resistance point, it is at 154.69.

Ratios To Look Out For

For context, Arm Holdings plc. ADR’s Current Ratio is 3.61. On the other hand, the Quick Ratio is 3.61, and the Cash Ratio is 1.38. Considering the valuation of this stock, the price to sales ratio is 45.39, the price to book ratio is 28.03 and price to earnings (TTM) ratio is 385.10.

Transactions by insiders

Recent insider trading involved Collins Spencer, Officer, that happened on Sep 16 ’24 when 51960.0 shares were purchased. Officer, Gill Kirsty completed a deal on Sep 11 ’24 to buy 20000.0 shares. Meanwhile, Officer Gill Kirsty bought 10000.0 shares on Sep 10 ’24.

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