Holdings Inc. (NASDAQ:ALRM) shares hit a new 52-week high during trading on Friday . The stock traded as high as $27.50 and last traded at $27.07, with a volume of 177,743 shares traded. The stock had previously closed at $26.10.

ALRM has been the topic of several recent research reports. Bank of America Corp. reaffirmed a “buy” rating and set a $28.00 target price (up from $25.00) on shares of Holdings in a report on Friday, June 24th. BB&T Corp. initiated coverage on shares of Holdings in a report on Wednesday, June 15th. They set a “buy” rating and a $27.00 target price on the stock. Stifel Nicolaus cut shares of Holdings from a “buy” rating to a “hold” rating in a report on Friday, April 1st. Imperial Capital cut shares of Holdings from an “outperform” rating to an “in-line” rating and set a $24.50 target price on the stock. in a report on Tuesday, June 21st. Finally, William Blair reaffirmed an “outperform” rating on shares of Holdings in a report on Saturday, June 25th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $24.28.

The stock’s market cap is $1.24 billion. The stock’s 50-day moving average price is $23.21 and its 200 day moving average price is $20.49. Holdings (NASDAQ:ALRM) last announced its quarterly earnings results on Tuesday, May 10th. The company reported $0.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.01. The firm had revenue of $59 million for the quarter, compared to analysts’ expectations of $53.83 million. Holdings’s quarterly revenue was up 28.3% on a year-over-year basis. Equities analysts anticipate that Holdings Inc. will post $0.48 EPS for the current fiscal year. Holdings, Inc is a platform solution for the connected home. The Company, through its cloud-based services, makes connected home technology accessible to millions of home and business owners. The Company operates through two segments: and Other. The Company’s segment represents its cloud-based platform for the connected home and related connected home solutions.

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