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Alarm.com (ALRM) in Focus: Stock Moves 5.5% Higher

Alarm.com Holdings, Inc. ALRM was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $41.65 –$51.33 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen four negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Alarm.com currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Alarm.com Holdings, Inc. Price

Alarm.com Holdings, Inc. Price
Alarm.com Holdings, Inc. Price

Alarm.com Holdings, Inc. price | Alarm.com Holdings, Inc. Quote

A better-ranked stock in the Industrial Products sector isAxon Enterprise Inc AAXN, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Alarm.com Holdings, Inc. (ALRM) : Free Stock Analysis Report
 
Axon Enterprise, Inc (AAXN) : Free Stock Analysis Report
 
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