Arm Holdings plc. ADR (NASDAQ: ARM) is -10.14% lower on its value in year-to-date trading and has touched a low of $80.00 and a high of $188.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARM stock was last observed hovering at around $155.09 in the last trading session, with the day’s loss setting it -8.21%.
Currently trading at $146.88, the stock is -0.96% and 9.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.67 million and changing -5.29% at the moment leaves the stock 8.31% off its SMA200. ARM registered 19.07% gain for a year compared to 6-month gain of 19.07%. The firm has a 50-day simple moving average (SMA 50) of $134.1927 and a 200-day simple moving average (SMA200) of $135.6131.
The stock witnessed a 12.67% loss in the last 1 month and extending the period to 3 months gives it a 50.31%, and is -11.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.98% over the week and 3.93% over the month.
Arm Holdings plc. ADR (ARM) has around 8330 employees, a market worth around $155.25B and $4.01B in sales. Current P/E ratio is 197.13 and Fwd P/E is 61.70. Profit margin for the company is 19.77%. Distance from 52-week low is 83.60% and -22.18% from its 52-week high. The company has generated returns on investments over the last 12 months (11.07%).
The EPS is expected to grow by 9.53% this year.
Arm Holdings plc. ADR (ARM) Top Institutional Holders
889.0 institutions hold shares in Arm Holdings plc. ADR (ARM), with institutional investors hold 95.27% of the company’s shares. The shares outstanding are 1.06B, and float is at 1.05B with Short Float at 1.66%. Institutions hold 95.12% of the Float.
The top institutional shareholder in the company is AUSTIN PRIVATE WEALTH, LLC with over 20.0 million shares valued at $328.0. The investor’s holdings represent 1.9157% of the ARM Shares outstanding. As of 2024-06-30, the second largest holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP with 6.43 million shares valued at $1.05 billion to account for 0.6156 of the shares outstanding. The other top investors are BANK OF AMERICA CORP /DE/ which holds 5.97 million shares representing 0.5718% and valued at over $976.83 million, while CITADEL ADVISORS LLC holds 0.4875 of the shares totaling 5.09 million with a market value of $832.83 million.
