ALRM Stock Summary and Trading Ideas (Alarm.com Holdings | NASDAQ:ALRM)

Alarm.com Holdings Inc has two reportable segments: Alarm.com & Other. The Alarm.com segment represents the cloud-based Software platforms for intelligently connected property & related solutions. The other segment is focused on researching, developing & offering residential & commercial automation solutions & energy management products & services in adjacent markets. The majority of revenue is from the Alarm.com segment. The platform allows home & business owners to secure their properties and automate & control an array of connected devices. SaaS & license fees from service providers, who resell these services & pay Alarm.com a monthly subscription, are the sources of revenue for the firm. The majority of revenue is generated in the United States & Canada.

Alarm.com Holdings trades on the NASDAQ stock market under the symbol ALRM.

As of April 19, 2024, ALRM stock price climbed to $64.54 with 42,070 million shares trading.

ALRM has a beta of 0.97, meaning it tends to be less sensitive to market movements. ALRM has a correlation of 0.13 to the broad based SPY ETF.

ALRM has a market cap of $3.23 billion. This is considered a Mid Cap stock.

Last quarter Alarm.com Holdings reported $226 million in Revenue and $.62 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.15.

In the last 3 years, ALRM stock traded as high as $95.83 and as low as $44.92.

The top ETF exchange traded funds that ALRM belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.

ALRM has outperformed the market in the last year with a return of +32.8%, while the SPY ETF gained +21.6%. In the last 3 month period, ALRM beat the market returning +6.7%, while SPY returned +4.7%. However, in the most recent 2 weeks ALRM has underperformed the stock market by returning -7.6%, while SPY returned -3.1%.

ALRM support price is $63.28 and resistance is $65.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALRM stock will trade within this expected range on the day.