Is Alarmcom Holdings Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NASDAQ: ALRM) stock is to Strong Buy ALRM stock.
Out of 4 analysts, 2 (50%) are recommending ALRM as a Strong Buy, 1 (25%) are recommending ALRM as a Buy, 1 (25%) are recommending ALRM as a Hold, 0 (0%) are recommending ALRM as a Sell, and 0 (0%) are recommending ALRM as a Strong Sell.
What is ALRM's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: ALRM) forecast ROE is 9.22%, which is considered weak.
What is ALRM's Price Target?
According to 4 Wall Street analysts that have issued a 1 year ALRM price target, the average ALRM price target is $65.50, with the highest ALRM stock price forecast at $70.00 and the lowest ALRM stock price forecast at $61.00.
On average, Wall Street analysts predict that Alarmcom Holdings's share price could reach $65.50 by Sep 19, 2024. The average Alarmcom Holdings stock price prediction forecasts a potential upside of 5.61% from the current ALRM share price of $62.02.
What is ALRM's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: ALRM) forecast ROA is 4.3%, which is higher than the forecast US Software - Application industry average of 3%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.