What Are The Chances Of Arlo Technologies Inc (NYSE: ARLO) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Arlo Reports Fourth Quarter and Full Year 2023 Results.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, ARLO falls under the Industrials sector while operating within the Building Products & Equipment industry segment. The current market capitalization of Arlo Technologies Inc is $1.12B. A total of 1.55 million shares were traded on the day, compared to an average of 1.03M shares.

In the most recent transaction, Busse Brian sold 56,973 shares of ARLO for 11.68 per share on Mar 13 ’24. After the transaction, the GENERAL COUNSEL now owns 604,905 company shares. In a previous transaction on Mar 06 ’24, MCRAE MATTHEW BLAKE sold 119,900 shares at 10.91 per share. ARLO shares that CEO owns now total 2,195,050.

Among the insiders who sold shares, BINDER KURTIS JOSEPH disposed of 18,120 shares on Mar 06 ’24 at a per-share price of $10.91. This resulted in the CHIEF FINANCIAL OFFICER holding 702,680 shares of ARLO after the transaction. In another insider transaction, MCRAE MATTHEW BLAKE sold 132,214 shares at $10.95 per share on Mar 05 ’24. Company shares held by the CEO now total 2,314,950.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, ARLO has a high of $12.11 and a low of $5.26.

As of this writing, ARLO has an earnings estimate of $0.09 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.1 per share and a lower estimate of $0.08. The company reported an EPS of $0.09 in the last quarter, which was 28.60% higher than expectations of $0.07.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ARLO’s latest balance sheet shows that the firm has $175.75M in Cash & Short Term Investments as of fiscal 2021. There were $26.08M in debt and $210.93M in liabilities at the time. Its Book Value Per Share was $1.08, while its Total Shareholder’s Equity was $112.65M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARLO is Buy with a score of 4.60.

Most Popular

Related Posts