ARB IOT Group Limited (NASDAQ:ARBB – Free Report) – Investment analysts at Maxim Group issued their FY2026 earnings estimates for shares of ARB IOT Group in a research report issued on Tuesday, June 16th. Maxim Group analyst A. Klee anticipates that the company will post earnings per share of ($4.19) for the year. Maxim Group has a “Hold” rating on the stock. Maxim Group also issued estimates for ARB IOT Group’s FY2027 earnings at ($2.45) EPS and FY2028 earnings at ($0.43) EPS.
Separately, Weiss Ratings upgraded ARB IOT Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 4th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce”.
ARB IOT Group Trading Down 6.5%
Shares of NASDAQ ARBB opened at $4.91 on Thursday. ARB IOT Group has a 12 month low of $3.71 and a 12 month high of $13.89. The stock has a 50 day moving average of $4.79 and a 200-day moving average of $5.21.
ARB IOT Group (NASDAQ:ARBB – Get Free Report) last announced its quarterly earnings results on Friday, May 8th. The company reported ($1.02) earnings per share for the quarter. The business had revenue of $18.53 million during the quarter.
About ARB IOT Group
ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services in Malaysia. It offers IoT smart home and building solutions, such as design, procurement, and provision of smart home products and devices; integration services; and electrical wire installation and home data network setup for homeowners, as well as provides smart building solutions, including design, procurement, installation, testing, pre-commissioning and commissioning of various IoT systems, solutions, and devices; and integration of automated systems for smart buildings, including installation of wire and wireless, and mechatronic works for property developers and contractors.
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