Alert: Major Price Advance (11/8/24)-Alarm.com Holdings Inc (NASDAQ: ALRM).

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Alarm.com Holdings Inc (NASDAQ: ALRM) stock enjoyed a major increase of 11.1% on 11/8/24. The shares closed at $63.51. Moreover, trading volume in this advance was exceptionally high at 216% of normal. The stock has been weak relative to the market over the last nine months but has risen 19.1% during the last week.

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Current PriceTarget Research Rating

ALRM’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Alarm.com Holdings has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Alarm.com Holdings has a slightly negative Appreciation Score of 34 and a poor Power Rating of 18, leading to the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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