With 3.4 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.29 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $148.25 whereas the lowest price it dropped to was $142.23. The 52-week range on ARM shows that it touched its highest point at $188.75 and its lowest point at $66.66 during that stretch. It currently has a 1-year price target of $148.81. Beta for the stock currently stands at 4.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARM was up-trending over the past week, with a rise of 17.70%, but this was up by 3.06% over a month. Three-month performance surged to 1.11% while six-month performance fell -22.13%. The stock gained 99.34% in the past year, while it has gained 17.70% so far this year. A look at the trailing 12-month EPS for ARM yields 0.60 with Next year EPS estimates of 2.06. For the next quarter, that number is 0.34. This implies an EPS growth rate of 22.92% for this year and 31.70% for next year.
Float and Shares Shorts:
At present, 1.05 billion ARM shares are outstanding with a float of 1.05 billion shares on hand for trading. On 2024-12-13, short shares totaled 12.44 million, which was 117.999995 higher than short shares on 1731628800. In addition to Mr. Rene Haas as the firm’s CEO & Director, Mr. Jason E. Child serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.063769996 of ARM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ARM reported revenue of $844000000.0 and operating income of $64000000.0. The EBITDA in the recently reported quarter was $118000000.0 and diluted EPS was $0.1.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARM since 11 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ARM analysts setting a high price target of 200.0 and a low target of 66.0, the average target price over the next 12 months is 145.2794. Based on these targets, ARM could surge 37.74% to reach the target high and fall by -54.55% to reach the target low. Reaching the average price target will result in a growth of 0.05% from current levels.
Analysts have provided yearly estimates in a range of $1.222 being high and $1.18226 being low. For ARM, this leads to a yearly average estimate of $1.20213.
