Last Updated: 14 Nov 2024
Executive Summary
Alarum Technologies Ltd. (ALAR) is a cybersecurity and privacy solutions provider with a market capitalization of $102.35 million. The company has been experiencing steady growth in revenue and earnings, with a quarterly revenue growth rate of 0.272% year-over-year. The stock is currently trading at $15.38, below its 52-week high of $46.69. Our analysis suggests that ALAR is undervalued and has the potential for significant upside.
Company Overview
Alarum Technologies provides a range of cybersecurity and privacy solutions to consumers and enterprises. The company's products include endpoint security, network security, cloud security, and data privacy solutions. Alarum Technologies has a strong customer base in Israel, the United States, Hong Kong, the Asia Pacific, and internationally.
Fundamental Analysis
Alarum Technologies has been reporting strong financial performance in recent quarters. The company's revenue for the latest quarter was $31.12 million, up 0.272% year-over-year. Diluted EPS for the quarter was $1.30, up from $1.29 in the same quarter last year. The company's profit margin is 12.7%, and its operating margin is 34.7%. Alarum Technologies has a strong balance sheet with $10.13 million in cash and equivalents and no debt.
Technical Analysis
The technical analysis of ALAR's stock price shows that the stock is currently trading below its 50-day and 200-day moving averages. The stock has been in a downtrend since reaching a high of $46.69 in November 2021. However, the stock has recently shown signs of bottoming out, and we believe that it is now in a position to rally.
Short Term Outlook
We believe that ALAR's stock is undervalued and has the potential for significant upside in the short term. The company is reporting strong financial performance, and its stock is trading below its historical averages. We believe that the stock could rally to $20 in the next 6-12 months.
Long Term Outlook
We believe that ALAR's stock has the potential to continue to grow in the long term. The company is a leader in the cybersecurity and privacy market, and we believe that the demand for its products will continue to grow in the years to come. We believe that the stock could reach $30 in the next 3-5 years.
Analyst Recommendations
We recommend that investors consider buying ALAR's stock at current levels. We believe that the stock is undervalued and has the potential for significant upside in the short and long term.
