Alarm.com Holdings, Inc.’s ALRM business unit, Building36, recently unveiled the next-gen Smart Thermostat HQ. Built for contractors, the Thermostat HQ is the simplest and most reliable way to connect with homeowners.
Based in Massachusetts, Building36 provides smart thermostats, sensors and connected home solutions. These solutions improve comfort for homeowners and strengthen Heating, Ventilation and Air Conditioning (HVAC) dealer partnerships.
The Smart Thermostat HQ is designed for easy installation, featuring an integrated cellular hub that ensures instant connectivity without Wi-Fi issues. With automatic wire detection, contractors can mount the unit, connect existing wires and let the thermostat configure itself.
This comprehensive solution simplifies installation and will boost customer satisfaction. It will also create new business opportunities for HVAC professionals.
ALRM’s Zacks Rank and Price Performance
Alarm.com currently carries a Zacks Rank #4 (Sell). In the year-to-date period, the company’s shares have lost 12.4% against the industry’s 42.4% growth.
Image Source: Zacks Investment Research
Stocks to Consider
Some better-ranked companies from the same space are discussed below.
Clear Secure, Inc. YOU currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
YOU delivered a trailing four-quarter average earnings surprise of 56.7%. In the past 60 days, the Zacks Consensus Estimate for Clear Secure’s 2024 earnings has increased 18.4%.
Brady Corporation BRC currently sports a Zacks Rank of 1. BRC delivered a trailing four-quarter average earnings surprise of 4.6%.
In the past 60 days, the consensus estimate for Brady’s fiscal 2025 earnings has increased 4.6%.
Allegion plc ALLE presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter average earnings surprise of 10.3%.
In the past 60 days, the Zacks Consensus Estimate for ALLE’s 2024 earnings has increased 1.4%.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>Allegion PLC (ALLE) : Free Stock Analysis Report
Brady Corporation (BRC) : Free Stock Analysis Report
Alarm.com Holdings, Inc. (ALRM) : Free Stock Analysis Report
CLEAR Secure, Inc. (YOU) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
