Alarm.com Holdings, Inc. (ALRM) provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally.
The company provides interactive security solutions to control and monitor their security systems, as well as connected security devices, including door locks, motion sensors, thermostats, garage doors, and video cameras; and high definition video monitoring solutions, such as live streaming, smart clip capture, secure cloud storage, video alerts, continuous HD recording, and commercial video surveillance solutions.
It also offers intelligent automation and energy management solutions, including scenes button, which adjust multiple devices; smart thermostat schedules; responsive savings; precision comfort; energy usage and environmental monitoring; geo-services; and demand response programs.
In addition, the company provides commercial solutions, such as daily safeguards, commercial grade video, energy savings, protection for valuables and inventory, access control, operational insights, early problem identification, simple to use, professionally supported, and easy to maintain.
Further, it offers service provider solutions, including a permission-based online portal that offers account management, sales, marketing, training, and support tools; installation and support tools; business management services; and sales, marketing, and training services, as well as wellness solutions.
Shares have sold out along with the rest of the market. They are currently being supported by the stock's 200-day moving average. We expect shares to move higher from current levels.
52-Weeks Trading Range: $33.39 - $60.20
Entry Point: $44.35
Stop Loss: $42.10
Target Price: $48.78
ALRM closed at $50.61