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

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$26.49 -0.03 (-0.11 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$26.49
Today's Range$26.39 - $26.61
52-Week Range$22.33 - $30.00
Volume2.56 million shs
Average Volume1.05 million shs
Market Capitalization$4.78 billion
P/E Ratio10.90
Dividend YieldN/A
Beta1.25
ARRIS International logoARRIS 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
SymbolNASDAQ:ARRS
CUSIP04270V10
Phone678-473-2000

Debt

Debt-to-Equity Ratio0.67
Current Ratio1.59
Quick Ratio1.16

Price-To-Earnings

Trailing P/E Ratio10.90
Forward P/E Ratio10.23
P/E Growth1.58

Sales & Book Value

Annual Sales$6.61 billion
Price / Sales0.72
Cash Flow$5.3086 per share
Price / Cash4.99
Book Value$17.02 per share
Price / Book1.56

Profitability

EPS (Most Recent Fiscal Year)$2.43
Net Income$92.02 million
Net Margins1.83%
Return on Equity16.82%
Return on Assets7.09%

Miscellaneous

Employees8,700
Outstanding Shares180,330,000
Market Cap$4.78 billion

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 announced that its Board of Directors has authorized a stock repurchase program on Saturday, March 24th 2018, which allows the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 5.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

How were ARRIS International's earnings last quarter?

ARRIS International plc (NASDAQ:ARRS) issued its quarterly earnings data on Wednesday, August, 1st. The communications equipment provider reported $0.72 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.74 by $0.02. The communications equipment provider had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.78 billion. ARRIS International had a return on equity of 16.82% and a net margin of 1.83%. The firm's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.63 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, November, 7th 2018. View Earnings Estimates for ARRIS International.

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

ARRIS International updated its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share (EPS) guidance of $2.85-3.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.05. The company issued revenue guidance of $6.850 -7.0 billion, compared to the consensus revenue estimate of $7.15 billion.ARRIS International also updated its Q3 guidance to $0.65-0.70 EPS.

What price target have analysts set for ARRS?

8 brokerages have issued 12 month price targets for ARRIS International's stock. Their forecasts range from $23.00 to $38.00. On average, they expect ARRIS International's stock price to reach $31.25 in the next year. This suggests a possible upside of 18.0% from the stock's current price. View Analyst Price Targets for ARRIS International.

What is the consensus analysts' recommendation for ARRIS International?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARRIS International in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ARRIS International.

Are investors shorting ARRIS International?

ARRIS International saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 7,949,916 shares, an increase of 80.1% from the July 31st total of 4,413,830 shares. Based on an average daily trading volume, of 1,857,089 shares, the short-interest ratio is currently 4.3 days. Approximately 4.6% of the shares of the company are short sold. View ARRIS International's Current Options Chain.

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 retail and institutional investors. Top institutional shareholders include Strs Ohio (2.54%), Bank of New York Mellon Corp (1.06%), Bank of New York Mellon Corp (1.10%), Glenmede Trust Co. NA (0.65%), Canada Pension Plan Investment Board (0.60%) and Russell Investments Group Ltd. (0.41%). 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 major investors are selling ARRIS International stock?

ARRS stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Martingale Asset Management L P, Dupont Capital Management Corp, Summit Trail Advisors LLC, Channing Capital Management LLC, Russell Investments Group Ltd., Meadow Creek Investment Management LLC and Earnest Partners LLC. 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 major investors are buying ARRIS International stock?

ARRS stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio, Putnam Investments LLC, James Investment Research Inc., Meeder Asset Management Inc., LSV Asset Management, Systematic Financial Management LP, Glenmede Trust Co. NA and Tocqueville Asset Management L.P.. 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 $26.49.

How big of a company is ARRIS International?

ARRIS International has a market capitalization of $4.78 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:  2.9 out of 5 (star star)
Outperform Votes:  498 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  852
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 9/22/2018 by MarketBeat.com Staff

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