Arlo Technologies Inc [ARLO] stock is trading at $11.17, up 5.78%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ARLO shares have gain 2.48% over the last week, with a monthly amount glided 0.27%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Arlo Technologies Inc [NYSE: ARLO] stock has seen the most recent analyst activity on October 31, 2023, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $13. Previously, Craig Hallum started tracking the stock with Buy rating on June 29, 2023, and set its price target to $17. On January 25, 2022, Lake Street initiated with a Buy rating and assigned a price target of $14 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $6 on July 29, 2020. Deutsche Bank started tracking with a Buy rating for this stock on November 12, 2019, and assigned it a price target of $4. In a note dated August 07, 2019, BofA/Merrill reiterated an Underperform rating on this stock and revised its target price from $5 to $3.50.
Arlo Technologies Inc [ARLO] stock has fluctuated between $7.77 and $17.64 over the past year. Currently, Wall Street analysts expect the stock to reach $15.5 within the next 12 months. Arlo Technologies Inc [NYSE: ARLO] shares were valued at $11.17 at the most recent close of the market. An investor can expect a potential return of 38.76% based on the average ARLO price forecast.
Analyzing the ARLO fundamentals
Arlo Technologies Inc [NYSE:ARLO] reported sales of 516.74M for the trailing twelve months, which represents a growth of 10.75%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.22 and Total Capital is -0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.19.
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 10.70 points at the first support level, and at 10.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.43, and for the 2nd resistance point, it is at 11.70.
Ratios To Look Out For
For context, Arlo Technologies Inc’s Current Ratio is 1.48. In addition, the Quick Ratio stands at 1.23 and the Cash Ratio stands at 0.35. Considering the valuation of this stock, the price to sales ratio is 2.16, the price to book ratio is 11.06.
Transactions by insiders
Recent insider trading involved BINDER KURTIS JOSEPH, CHIEF FINANCIAL OFFICER, that happened on Sep 30 ’24 when 7098.0 shares were sold. Officer, KURTIS BINDER completed a deal on Sep 30 ’24 to buy 7098.0 shares. Meanwhile, Director FAISON RALPH E bought 8842.0 shares on Aug 12 ’24.
