Arlo Technologies Inc [ARLO] stock prices are up 3.13% to $11.87 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ARLO shares have gain 6.08% over the last week, with a monthly amount drifted -6.68%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Arlo Technologies Inc [NYSE: ARLO] stock has seen the most recent analyst activity on November 08, 2024, when Craig Hallum reiterated its Buy rating and also revised its price target to $15 from $17. Previously, ROTH MKM started tracking the stock with Buy rating on October 31, 2023, and set its price target to $13. On June 29, 2023, Craig Hallum initiated with a Buy rating and assigned a price target of $17 on the stock. Lake Street started tracking the stock assigning a Buy rating and suggested a price target of $14 on January 25, 2022. Raymond James upgraded its rating to a Outperform but $6 remained the price target by the analyst firm on July 29, 2020. In a note dated November 12, 2019, Deutsche Bank initiated an Buy rating and provided a target price of $4 on this stock.
The stock price of Arlo Technologies Inc [ARLO] has been fluctuating between $8.33 and $17.64 over the past year. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Arlo Technologies Inc [NYSE: ARLO] shares were valued at $11.87 at the most recent close of the market. An investor can expect a potential return of 43.22% based on the average ARLO price forecast.
Analyzing the ARLO fundamentals
The Arlo Technologies Inc [NYSE:ARLO] reported sales of 524.41M for trailing twelve months, representing a surge of 5.90%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.25 and Total Capital is -0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.15.
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 11.46 points at the first support level, and at 11.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.11, and for the 2nd resistance point, it is at 12.34.
Ratios To Look Out For
It’s worth pointing out that Arlo Technologies Inc [NYSE:ARLO]’s Current Ratio is 1.42. On the other hand, the Quick Ratio is 1.15, and the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 2.27, the price to book ratio is 12.29.
Transactions by insiders
Recent insider trading involved BINDER KURTIS JOSEPH, CHIEF FINANCIAL OFFICER, that happened on Dec 16 ’24 when 63882.0 shares were sold. Officer, KURTIS BINDER completed a deal on Dec 16 ’24 to buy 63882.0 shares. Meanwhile, CEO MCRAE MATTHEW BLAKE sold 0.32 million shares on Dec 02 ’24.
