Arm Holdings plc. ADR (NASDAQ:ARM) has a beta value of 4.28 and has seen 1.23 million shares traded in the recent trading session. The company, currently valued at $122.99B, closed the recent trade at $116.69 per share which meant it gained $5.2 on the day or 4.66% during that session. The ARM stock price is -61.75% off its 52-week high price of $188.75 and 26.63% above the 52-week low of $85.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.92 million shares traded. The 3-month trading volume is 6.14 million shares.
The consensus among analysts is that Arm Holdings plc. ADR (ARM) is Buy stock at the moment, with a recommendation rating of 2.10. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 11 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.53.
Arm Holdings plc. ADR (NASDAQ:ARM) trade information
Sporting 4.66% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ARM stock price touched $116.69 or saw a rise of 8.54%. Year-to-date, Arm Holdings plc. ADR shares have moved -5.41%, while the 5-day performance has seen it change -6.48%. Over the past 30 days, the shares of Arm Holdings plc. ADR (NASDAQ:ARM) have changed -27.45%. Short interest in the company has seen 14.83 million shares shorted with days to cover at 2.63.
Wall Street analysts have a consensus price target for the stock at $170, which means that the shares’ value could jump 31.36% from the levels at last check today. The projected low price target is $160.0 while the price target rests at a high of $180.0. In that case, then, we find that the latest price level in today’s session is -54.25% off the targeted high while a plunge would see the stock gain -37.12% from the levels at last check today.
Arm Holdings plc. ADR (ARM) estimates and forecasts
The company’s shares have lost -7.05% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 23.73%.
25 analysts offering their estimates for the company have set an average revenue estimate of 1.23B for the current quarter. 21 have an estimated revenue figure of 1.1B for the next ending quarter. Year-ago sales stood 928M and 939M respectively for this quarter and the next, and analysts expect sales will grow by 32.21% for the current quarter and 23.73% for the next.
Earnings growth for 2025 is a modest 27.22% while over the next 5 years, the company’s earnings are expected to increase by 27.84%.
ARM Dividends
Arm Holdings plc. ADR is expected to release its next earnings report on 2025-Feb-04 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Arm Holdings plc. ADR (NASDAQ:ARM)’s Major holders
Insiders own 87.56% of the company shares, while shares held by institutions stand at 6.73% with a share float percentage of 54.13%. Investors are also buoyed by the number of investors in a company, with Arm Holdings plc. ADR having a total of 878.0 institutions that hold shares in the company. The top two institutional holders are AUSTIN PRIVATE WEALTH, LLC with over 20.0 million shares worth more than $328.0. As of 2024-06-30, AUSTIN PRIVATE WEALTH, LLC held 1.9157% of shares outstanding.
The other major institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, with the holding of over 6.43 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.05 billion and represent 0.6156% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF and Artisan Developing World Fund. As of Dec 31, 2024, the former fund manager holds about 0.25% shares in the company for having 2.6 shares of worth $302.69 million while later fund manager owns 733.68 shares of worth $85.43 million as of Dec 31, 2024, which makes it owner of about 0.07% of company’s outstanding stock.
