The shares of Arlo Technologies, Inc. (NYSE:ARLO) has been pegged with a rating of Outperform by Imperial Capital in its latest research note that was published on February 7th, 2019. The research company has also assigned a $7.50 price target. Imperial Capital wasn’t the only research firm that published a report of Arlo Technologies, Inc., with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on February 6th, 2019, to Underperform the ARLO stock. The stock had earned Outperform rating from Imperial Capital when it published its report on January 4th, 2019. That day the Imperial Capital set price target on the stock to $29. The stock was given Buy rating by Guggenheim in its report released on August 30th, 2018, the day when the price target on the stock was placed at $26. Raymond James was of a view that ARLO is Mkt Perform in its latest report on August 28th, 2018. Imperial Capital thinks that ARLO is worth Outperform rating. This was contained in the firm’s report on August 28th, 2018 in which the stock’s price target was also moved to $39.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 2 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $20.75. The price of the stock the last time has raised by 1.66% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 21.60.
The shares of the company added by 0.55% during the trading session on Monday, reaching a low of $3.62 while ending the day at $3.68. During the trading session, a total of 4.92 million shares were traded which represents a -173.38% decline from the average session volume which is 1.80M shares. ARLO had ended its last session trading at 3.66. Arlo Technologies, Inc. currently has a market cap of $281.45M while its P/E earnings growth sits at 0.60. Arlo Technologies, Inc. debt-to-equity ratio currently stands at 0.07, while its quick ratio hovers at 1.70. ARLO 52-week low price stands at $3.62 while its 52-week high price is $23.77.
The Arlo Technologies, Inc. generated $129.26 million in revenue during the last quarter, which is slightly higher than the $128.58 million predicted by analysts. Arlo Technologies, Inc. has the potential to record -0.93 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Seaport Global Securities published a research note on January 8th, 2019 where it informed investors and clients that Union Pacific Corporation (NYSE:UNP) is now rated as Buy. Their price target on the stock stands at $165. BofA/Merrill also rated UNP as Downgrade on February 6th, 2019, with its price target of $17 suggesting that UNP could surge by 5.95% from its current share price. Even though the stock has been trading at $161.72/share, analysts expect it to surge higher by 1.63% to reach $174.75/share. It started the day trading at $164.63 and traded between $162.39 and $164.35 throughout the trading session.
A look at its technical shows that UNP’s 50-day SMA is 149.71 while its 200-day SMA stands at 148.26. The stock has a high of $165.63 for the year while the low is $121.22. The company’s P/E ratio currently sits at 20.73, while the P/B ratio is 5.87. The company’s average trading volume currently stands at 4.54M shares, which means that the short-interest ratio is just 2.75 days. Over the past seven days, the company moved, with its shift of 2.00%. Looking further, the stock has raised 7.51% over the past 90 days while it gained 10.48% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more UNP shares, decreasing its portfolio by -2.58% during the last quarter. This move now sees The Vanguard Group Inc selling -1,561,359 shares in the last quarter, thus it now holds 58,887,481 shares of UNP, with a total valuation of $8,140,016,499. BlackRock Fund Advisors meanwhile sold more UNP shares in the recently filed quarter, changing its stake to $4,278,238,267 worth of shares. SSgA Funds Management Inc followed the path by decreasing its UNP portfolio by -0.77% in the quarter. This means that SSgA Funds Management Inc sold -238,641 shares in the last quarter and now controls 30,676,983 shares of the UNP stock, with the valuation hitting $4,240,479,360.
Similarly, Fidelity Management Research Co increased its Union Pacific Corporation shares by +20.71% during the recently filed quarter. After buying 2,093,232 shares in the last quarter, the firm now controls 12,199,548 shares of Union Pacific Corporation which are valued at $1,686,343,520. In the same vein, Massachusetts Financial Services decreased its Union Pacific Corporation shares by during the most recent reported quarter. The firm sold -266,420 shares during the quarter which decreased its stakes to 11,474,894 shares and is now valued at $1,586,174,598. Following these latest developments, around 0.10% of Union Pacific Corporation stocks are owned by institutional investors and hedge funds.