Stocks of Arm Holdings plc. ADR (NASDAQ:ARM) traded higher last session on Wall Street, up 6.51% to $112.01.
ARM stock price is now -5.88% away from the 50-day moving average and -18.06% away from the 200-day moving average. The market capitalization of the company currently stands at $118.06B.
With the price target of $160, UBS recently initiated with Buy rating for Arm Holdings plc. ADR (NASDAQ: ARM). On November 22, 2024, Wells Fargo recently initiated its ‘Overweight’ rating on the stock quoting a target price of $155, while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, Child Jason, Officer bought 9,220 shares of the company’s stock on Feb 20 ’25. The stock was bought for $1,412,504 at an average price of $153.20. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 22 ’25, Officer Child Jason bought 10,080 shares of the business’s stock. A total of $1,764,000 was incurred on buying the stock at an average price of $175.00. A total of 0.45% of the company’s stock is owned by insiders.
During the past 12 months, Arm Holdings plc. ADR has had a low of $80.00 and a high of $188.75. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 4.96, and a quick ratio of 4.96. According to the stock market information, the enterprise value for the company is $115658539008, which is based on a 147.79 price-to-earnings ratio, a 5.39 price-to-earnings-growth ratio, and a beta of 4.15. The fifty day moving average price for ARM is $119.0044 and a two-hundred day moving average price translates $136.69258 for the stock.
The latest earnings results from Arm Holdings plc. ADR (NASDAQ: ARM) was released for 2024-12-31. The net profit margin was 21.82% and return on equity was 14.11% for ARM. The company reported revenue of $983.0 million for the quarter, compared to $824.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.3 percent. For the current quarter, analysts expect ARM to generate $1.23B in revenue.
