Stock To Watch: ARM Holdings plc (ADR) (NASDAQ:ARMH)


The leading market experts have placed a mean price target of $58.62 on ARM Holdings plc (ADR) (NASDAQ:ARMH) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $10.56 a share for the upcoming quarter and $1.49 for the current fiscal.

Technical View

The technical analysis of ARM Holdings plc plainly substantiates that the 50-day moving average of ARM Holdings plc is $56.44, and stock is trading $8.64 points away or +15.30% from its 50-day moving average of $56.44. Further it is trading $19.52 or +42.83% away its 200-day moving average of $45.56. ARM Holdings plc (ADR) (NASDAQ:ARMH) 52-week high is $67.49 and the 52-week low is $36.68.

This explains if the stock moves $-2.41, it will post a 52-week high. In event of +77.43% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of ARM Holdings plc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, ARM Holdings plc (ADR) (NASDAQ:ARMH) ratio came in at 64.56.

The stock last ended the trading session at $65.08 and registered a market cap of $30.54B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. ARM Holdings plc (ADR) (NASDAQ:ARMH) PEG ratio is at 3.46.

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