NASDAQ:ARRS - ARRIS International Stock Price, News, & Analysis

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$30.67 -0.08 (-0.26 %)
(As of 11/18/2018 04:43 AM ET)
Previous Close$30.67
Today's Range$30.56 - $30.72
52-Week Range$21.55 - $30.96
Volume10.50 million shs
Average Volume7.79 million shs
Market Capitalization$5.32 billion
P/E Ratio12.62
Dividend YieldN/A
Beta1.16
ARRIS International plc, together with its subsidiaries, provides entertainment, communications, and networking technology and solutions worldwide. It operates through three segments: Customer Premises Equipment, Network & Cloud, and Enterprise Networks. The Customer Premises Equipment segment offers digital subscriber lines and cable modems, broadband gateways, set-top boxes, and video gateways. The Network & Cloud segment provides cable modem termination system, converged cable access platform, passive optical network, service provider and programmer equipment, Ad insertion technologies, and equipment in the ground or on transmission poles, as well as equipment used to initiate the distribution of content-carrying signals. This segment also offers technical support and professional services; software products that enable providers to deliver content and advertising services; network management products that collect information from the broadband network; and customer experience management solutions, as well as network surveillance and issue correlation software and services. The Enterprise Networks segment provides wired Ethernet switches; and indoor, outdoor, and special-purpose Wi-Fi access points, as well as accessories, such as antennas. This segment also offers SmartCell Insight, a big data Wi-Fi analytics and reporting platform; ZonePlanner, a Wi-Fi planning and modeling software; Smart Positioning Technology, a cloud-based smart Wi-Fi location-based services platform; Cloudpath Wi-Fi device; mobile apps for controllers, cloud Wi-Fi, location, and performance testing; Ruckus Cloud Wi-Fi, a wireless local area network management-as-a-service; and ZoneDirector, a smart Wi-Fi controller. The company was formerly known as ARRIS Group, Inc. and changed its name to ARRIS International plc in January 2016. ARRIS International plc was founded in 1969 and is headquartered in Suwanee, Georgia.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:ARRS
Previous Symbol
CUSIP04270V10
Phone678-473-2000

Debt

Debt-to-Equity Ratio0.70
Current Ratio1.54
Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio12.62
Forward P/E Ratio11.66
P/E Growth1.79

Sales & Book Value

Annual Sales$6.61 billion
Price / Sales0.80
Cash Flow$5.3062 per share
Price / Cash5.78
Book Value$17.04 per share
Price / Book1.80

Profitability

EPS (Most Recent Fiscal Year)$2.43
Net Income$92.02 million
Net Margins1.24%
Return on Equity16.14%
Return on Assets6.77%

Miscellaneous

Employees8,700
Outstanding Shares173,330,000
Market Cap$5.32 billion
OptionableOptionable

ARRIS International (NASDAQ:ARRS) Frequently Asked Questions

What is ARRIS International's stock symbol?

ARRIS International trades on the NASDAQ under the ticker symbol "ARRS."

How will ARRIS International's stock buyback program work?

ARRIS International declared that its Board of Directors has approved a share repurchase program on Saturday, March 24th 2018, which allows the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 5.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

How were ARRIS International's earnings last quarter?

ARRIS International plc (NASDAQ:ARRS) announced its earnings results on Thursday, November, 8th. The communications equipment provider reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.01. The communications equipment provider earned $1.65 billion during the quarter, compared to the consensus estimate of $1.71 billion. ARRIS International had a net margin of 1.24% and a return on equity of 16.14%. The firm's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.80 earnings per share. View ARRIS International's Earnings History.

When is ARRIS International's next earnings date?

ARRIS International is scheduled to release their next quarterly earnings announcement on Wednesday, February 13th 2019. View Earnings Estimates for ARRIS International.

What guidance has ARRIS International issued on next quarter's earnings?

ARRIS International issued an update on its fourth quarter earnings guidance on Thursday, November, 8th. The company provided EPS guidance of $0.68 for the period, compared to the Thomson Reuters consensus estimate of $0.80. The company issued revenue guidance of $1.651 billion, compared to the consensus revenue estimate of $1.86 billion.

What price target have analysts set for ARRS?

9 brokers have issued twelve-month price objectives for ARRIS International's shares. Their predictions range from $23.00 to $35.00. On average, they anticipate ARRIS International's stock price to reach $30.2143 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for ARRIS International.

What is the consensus analysts' recommendation for ARRIS International?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARRIS International in the last year. There are currently 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ARRIS International.

Has ARRIS International been receiving favorable news coverage?

Media stories about ARRS stock have trended somewhat positive recently, according to InfoTrie. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. ARRIS International earned a media sentiment score of 1.6 on InfoTrie's scale. They also gave media stories about the communications equipment provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the near future.

Who are some of ARRIS International's key competitors?

Who are ARRIS International's key executives?

ARRIS International's management team includes the folowing people:
  • Mr. Bruce W. McClelland, CEO & Director (Age 51)
  • Mr. David B. Potts, Exec. VP & CFO (Age 60)
  • Mr. Lawrence Robinson, Pres of Customer Premises Equipment (Age 50)
  • Mr. Timothy R. O'Loughlin, Pres of US Sales, Global Marketing & Operations (Age 44)
  • Ms. Karen K. Renner, Chief Information Officer (Age 56)

Who are ARRIS International's major shareholders?

ARRIS International's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Lyrical Asset Management LP (3.27%), Strs Ohio (2.78%), Neuberger Berman Group LLC (2.26%), Bank of New York Mellon Corp (1.08%), Glenmede Trust Co. NA (0.99%) and First Pacific Advisors LP (0.91%). Company insiders that own ARRIS International stock include Bruce William Mcclelland, David A Woodle, David Potts, Debora J Wilson, Doreen A Toben, James R Brennan, Lawrence Robinson, Patrick W Macken, Philip Charles Baldock, Robert J Stanzione and Stephen J Mccaffery. View Institutional Ownership Trends for ARRIS International.

Which institutional investors are selling ARRIS International stock?

ARRS stock was sold by a variety of institutional investors in the last quarter, including Panagora Asset Management Inc., Canada Pension Plan Investment Board, Teachers Advisors LLC, First Pacific Advisors LP, Meeder Asset Management Inc., Channing Capital Management LLC, Bank of New York Mellon Corp and Hallmark Capital Management Inc.. Company insiders that have sold ARRIS International company stock in the last year include David Potts, James R Brennan, Lawrence Robinson, Patrick W Macken and Philip Charles Baldock. View Insider Buying and Selling for ARRIS International.

Which institutional investors are buying ARRIS International stock?

ARRS stock was purchased by a variety of institutional investors in the last quarter, including Glenmede Trust Co. NA, Nordea Investment Management AB, Strs Ohio, Neuberger Berman Group LLC, TIAA CREF Investment Management LLC, Russell Investments Group Ltd., Ancora Advisors LLC and Lyrical Asset Management LP. Company insiders that have bought ARRIS International stock in the last two years include Bruce William Mcclelland, David A Woodle, Debora J Wilson, Doreen A Toben and Robert J Stanzione. View Insider Buying and Selling for ARRIS International.

How do I buy shares of ARRIS International?

Shares of ARRS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ARRIS International's stock price today?

One share of ARRS stock can currently be purchased for approximately $30.67.

How big of a company is ARRIS International?

ARRIS International has a market capitalization of $5.32 billion and generates $6.61 billion in revenue each year. The communications equipment provider earns $92.02 million in net income (profit) each year or $2.43 on an earnings per share basis. ARRIS International employs 8,700 workers across the globe.

What is ARRIS International's official website?

The official website for ARRIS International is http://www.arrisi.com.

How can I contact ARRIS International?

ARRIS International's mailing address is 3871 LAKEFIELD DRIVE, SUWANEE GA, 30024. The communications equipment provider can be reached via phone at 678-473-2000 or via email at [email protected]


MarketBeat Community Rating for ARRIS International (NASDAQ ARRS)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  513 (Vote Outperform)
Underperform Votes:  393 (Vote Underperform)
Total Votes:  906
MarketBeat's community ratings are surveys of what our community members think about ARRIS International and other stocks. Vote "Outperform" if you believe ARRS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARRS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2018 by MarketBeat.com Staff

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