During the last session, Arm Holdings plc. ADR (NASDAQ:ARM)’s traded shares were 5.81 million, with the beta value of the company hitting 4.22. At the end of the trading day, the stock’s price was $135.54, reflecting an intraday gain of 1.18% or $1.58. The 52-week high for the ARM share is $188.75, that puts it down -39.26 from that peak though still a striking 40.98% gain since the share price plummeted to a 52-week low of $80.00. The company’s market capitalization is $143.27B, and the average trade volume was 5.45 million shares over the past three months.
Arm Holdings plc. ADR (ARM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.92. ARM has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.35.
Arm Holdings plc. ADR (NASDAQ:ARM) trade information
Arm Holdings plc. ADR (ARM) registered a 1.18% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.18% in intraday trading to $135.54, hitting a weekly high. The stock’s 5-day price performance is 3.43%, and it has moved by 20.93% in 30 days. Based on these gigs, the overall price performance for the year is 20.45%.
The consensus price target of analysts on Wall Street is $144.5, which implies an increase of 6.2% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $60 and $190 respectively. As a result, ARM is trading at a discount of -40.18% off the target high and 55.73% off the low.
Arm Holdings plc. ADR (ARM) estimates and forecasts
In the rating firms’ projections, revenue will increase 19.22% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.06B as predicted by 23 analyst(s). Meanwhile, a consensus of 22 analyst(s) estimates revenue growth to 1.07B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 939M and 844M respectively. In this case, analysts expect current quarter sales to grow by 13.07% and then jump by 26.73% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 18.47%. While earnings are projected to return 9.42% in 2025, the next five years will return 21.90% per annum.
ARM Dividends
Arm Holdings plc. ADR is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Arm Holdings plc. ADR (NASDAQ:ARM)’s Major holders
The next largest institutional holding, with 6.43 million shares, is of SUSQUEHANNA INTERNATIONAL GROUP, LLP’s that is approximately 0.6156% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.05 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Arm Holdings plc. ADR (ARM) shares are Goldman Sachs TRT II-Goldman Sachs GQG Part. Intl Opportunities Fd. and GROWTH FUND OF AMERICA. Data provided on Jan 31, 2025 indicates that Goldman Sachs TRT II-Goldman Sachs GQG Part. Intl Opportunities Fd. owns about 3.2 shares. This amounts to just over 0.31 percent of the company’s overall shares, with a $434.12 million market value. The same data shows that the other fund manager holds slightly less at 3.11, or about 0.30% of the stock, which is worth about $421.54 million.
