AlarmCom Hldg Inc (ALRM) is Initiated by First Analysis Sec to Overweight, Price Target at $32

AlarmCom Hldg Inc (ALRM) was Initiated by First Analysis Sec to “Overweight” and the brokerage firm has set the Price Target at $32. First Analysis Sec advised their investors in a research report released on Jul 8, 2016.

Many Wall Street Analysts have commented on AlarmCom Hldg Inc. Imperial Capital Downgraded AlarmCom Hldg Inc on Jun 21, 2016 to ” In-line”, Price Target of the shares are set at $24.50.BB&T Capital Mkts Initiated AlarmCom Hldg Inc on Jun 16, 2016 to “Buy”, Price Target of the shares are set at $27.

On the company’s financial health, AlarmCom Hldg Inc reported $0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 10, 2016. Analyst had a consensus of $0.11. The company had revenue of $59.00 million for the quarter, compared to analysts expectations of $53.83 million. The company’s revenue was up 28.3% compared to the same quarter last year.

AlarmCom Hldg Inc closed down -0.14 points or -0.53% at $26.3 with 1,75,239 shares getting traded on Tuesday. Post opening the session at $26.44, the shares hit an intraday low of $25.73 and an intraday high of $26.76 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red. Holdings Inc. is a platform solution for the connected home. The Company through its cloud-based services makes connected home technology accessible to millions of home and business owners. The Company’s multi-tenant software-as-a-service (SaaS) platform enables home and business owners to secure their properties and automate and control an array of connected devices through a single intuitive user interface. The Company offers four primary solutions which include interactive security intelligent automation video monitoring and energy management. The Company offers a suite of enterprise-grade business management solutions to its service providers which include service provider portal installation and support business management and sales marketing and training. The Company is also engaged in the design and manufacturing of various types of hardware including cellular communication modules image sensor video cameras and smart thermostat.

AlarmCom Hldg Inc

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