Rating Worth Watching: Is Alarm.com (NASDAQ:ALRM) a Stock to Watch After Maxim Group …

December 1, 2016 – By Clifton Ray

Why Maxim Group Gives Alarm.com (NASDAQ:ALRM) $37.0 Price Target

Maxim Group sent to clients and investors in an analyst note that it has started coverage on Alarm.com (NASDAQ:ALRM) stock, with a “Buy” rating and a $37.0 price target.

AlarmCom Hldg Inc (NASDAQ:ALRM) Ratings Coverage

Out of 10 analysts covering Alarm.com Holdings (NASDAQ:ALRM), 7 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 70% are positive. $33.50 is the highest target while $18 is the lowest. The $28.11 average target is -5.10% below today’s ($29.62) stock price. Alarm.com Holdings has been the topic of 18 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of AlarmCom Hldg Inc (NASDAQ:ALRM) has “Buy” rating given on Tuesday, July 21 by Stifel Nicolaus. As per Monday, October 3, the company rating was initiated by TH Capital. The stock of AlarmCom Hldg Inc (NASDAQ:ALRM) has “Outperform” rating given on Thursday, June 16 by Imperial Capital. The stock has “Neutral” rating given by Stifel Nicolaus on Friday, April 1. Goldman Sachs initiated AlarmCom Hldg Inc (NASDAQ:ALRM) on Tuesday, July 21 with “Neutral” rating. The stock has “Buy” rating given by Bank of America on Friday, June 24. The rating was maintained by Stifel Nicolaus on Friday, February 26 with “Buy”. Raymond James initiated AlarmCom Hldg Inc (NASDAQ:ALRM) rating on Tuesday, July 21. Raymond James has “Outperform” rating and $21 price target. The company was maintained on Monday, March 14 by Imperial Capital. On Tuesday, August 16 the stock rating was downgraded by Raymond James to “Market Perform”.

The stock decreased 0.94% or $0.28 during the last trading session, hitting $29.62. AlarmCom Hldg Inc (NASDAQ:ALRM) has risen 29.01% since April 28, 2016 and is uptrending. It has outperformed by 23.08% the S&P500.

Analysts await AlarmCom Hldg Inc (NASDAQ:ALRM) to report earnings on February, 23. They expect $0.11 EPS, down 15.38% or $0.02 from last year’s $0.13 per share. ALRM’s profit will be $4.90 million for 67.32 P/E if the $0.11 EPS becomes a reality. After $0.16 actual EPS reported by AlarmCom Hldg Inc for the previous quarter, Wall Street now forecasts -31.25% negative EPS growth.

Alarm.com Holdings, Inc. is a platform solution for the connected home. The company has a market cap of $1.32 billion. The Company, through its cloud services, makes connected home technology accessible to millions of home and business owners. It has a 137.16 P/E ratio. The Firm operates through two divisions: Alarm.com and Other.

According to Zacks Investment Research, “Alarm.com Holdings, Inc. offers interactive security solutions for home and business owners. The Company offers security systems which include image sensor, crash and smash protection, web control, mobile access and video monitoring. Alarm.com Holdings, Inc. is based in VIENNA, United States.”

ALRM Company Profile

Alarm.com Holdings, Inc., incorporated on January 27, 2009, is a platform solution for the connected home. The Company, through its cloud services, makes connected home technology accessible to millions of home and business owners. The Firm operates through two divisions: Alarm.com and Other. The Company’s Alarm.com segment represents its cloud platform for the connected home and related connected home solutions. The Company’s Alarm.com segment also includes the results of Horizon Analog, which is a research firm that focuses on collection and analysis of data relating energy usage and consumer behavior and energy disaggregation; Secure-i, which is a commercial video as a service provider, and SecurityTrax, which provides software-as-a-service (SaaS) customer relationship management software tailored for security system dealers. The Company’s Other segment is focused on researching and developing home and commercial automation and energy management services and products in adjacent markets. The Company’s multi-tenant SaaS platform enables home and business owners to secure their properties and automate and control an array of connected devices through a single, intuitive user interface. The Firm offers over four primary solutions, which are used individually or combined and integrated within a single user interface accessible through the Web and mobile applications, including interactive security, intelligent automation, video monitoring and energy management.

More notable recent AlarmCom Hldg Inc (NASDAQ:ALRM) news were published by: Fool.com which released: “Why Alarm.com Holdings, Inc. Stock Jumped 12.8%” on June 23, 2016, also Marketwatch.com with their article: “/quotes/zigman/3870025/realtime” published on May 30, 2015, Fool.com published: “Why Alarm.com Holdings Inc. Stock Jumped 17% On Wednesday” on November 11, 2015. More interesting news about AlarmCom Hldg Inc (NASDAQ:ALRM) were released by: Quotes.Wsj.com and their article: “News Alarm.Com Holdings Inc.ALRM” published on June 20, 2015 as well as Equitiesfocus.com‘s news article titled: “AlarmCom Hldg Inc (NASDAQ:ALRM) Quarterly EPS Estimate At $0.13” with publication date: December 01, 2016.

By Clifton Ray