15.48 % to Target, Credit Suisse Keeps ‘Outperform’ Rating on Alarm.com Holdings (NASDAQ:ALRM) Shares Today

August 9, 2018 - By Jason Dias

Alarm.com Holdings, Inc. (NASDAQ:ALRM) Logo

Alarm.com Holdings (NASDAQ:ALRM) Rating Reaffirmed

In a report sent to clients and investors on Wednesday morning, The Outperform rating of Alarm.com Holdings (NASDAQ:ALRM) shares was reiterated at Credit Suisse, who now has a $57 PT on the stock. Credit Suisse’s PT would indicate a possible upside of 15.48 % from the last close price of the company.

Alarm.com Holdings, Inc. (NASDAQ:ALRM) Ratings Coverage

Among 8 analysts covering Alarmcom (NASDAQ:ALRM), 6 have Buy rating, 1 Sell and 1 Hold. Therefore 75% are positive. Alarmcom has $59.0 highest and $3700 lowest target. $49.25’s average target is -0.22% below currents $49.36 stock price. Alarmcom had 10 analyst reports since February 16, 2018 according to SRatingsIntel. The company was downgraded on Wednesday, June 20 by Goldman Sachs. The stock of Alarm.com Holdings, Inc. (NASDAQ:ALRM) has “Buy” rating given on Monday, June 25 by Raymond James. The firm has “Buy” rating by Maxim Group given on Thursday, March 22. Raymond James maintained Alarm.com Holdings, Inc. (NASDAQ:ALRM) rating on Monday, March 19. Raymond James has “Outperform” rating and $48 target. The company was maintained on Wednesday, February 28 by Roth Capital. As per Wednesday, August 8, the company rating was maintained by Credit Suisse. Stifel Nicolaus maintained Alarm.com Holdings, Inc. (NASDAQ:ALRM) on Wednesday, August 8 with “Hold” rating. On Friday, February 16 the stock rating was upgraded by Imperial Capital to “Buy”. As per Friday, May 4, the company rating was maintained by Maxim Group.

The stock increased 2.32% or $1.12 during the last trading session, reaching $49.36. About 247,395 shares traded. Alarm.com Holdings, Inc. (NASDAQ:ALRM) has risen 32.63% since August 9, 2017 and is uptrending. It has outperformed by 20.06% the S&P500.

Alarm.com Holdings, Inc. provides cloud software platform solutions for the smart homes and businesses in the United States and internationally. The company has market cap of $2.33 billion. The firm provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions. It has a 66.7 P/E ratio. It also offers intelligent automation and energy management solutions, including smart thermostat schedules, responsive savings, precision comfort, geo-services, demand response programs, and energy usage and environmental monitoring solutions.

More notable recent Alarm.com Holdings, Inc. (NASDAQ:ALRM) news were published by: Globenewswire.com which released: “Alarm.com Reports Second Quarter 2018 Results” on August 07, 2018, also Benzinga.com with their article: “68 Stocks Moving In Wednesday’s Mid-Day Session” published on August 08, 2018, Nasdaq.com published: “Detailed Research: Economic Perspectives on South State, Curtiss-Wright, Alarm, Actuant, Cass Information, and …” on August 02, 2018. More interesting news about Alarm.com Holdings, Inc. (NASDAQ:ALRM) were released by: Globenewswire.com and their article: “Alarm.com Announces Partnership with Aviva” published on August 02, 2018 as well as Seekingalpha.com‘s news article titled: “Alarm.com +9% on Q2 beats, SaaS and licenses growth, upside FY guide” with publication date: August 07, 2018.

Alarm.com Holdings, Inc. (NASDAQ:ALRM) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.