ARRIS International PLC Company Profile (NASDAQ:ARRS)

About ARRIS International PLC (NASDAQ:ARRS)

ARRIS International PLC logoARRIS International plc is a media entertainment and data communications solutions provider. The Company operates in two segments: Customer Premises Equipment (CPE), and Network & Cloud (N&C). The Company enables service providers, including cable, telephone, and digital broadcast satellite operators, and media programmers to deliver media, voice and Internet Protocol (IP) data services to their subscribers. It is engaged in offering set-tops, digital video and IP television (IPTV) distribution systems, broadband access infrastructure platforms, and associated data and voice CPE, which it also sells directly to consumers through retail channels. Its solutions are complemented by an array of services, including technical support, repair and refurbishment, and system design and integration. The CPE segment consists of CPE Products-Video and CPE Products-Broadband. The N&C segment consists of Infrastructure Products, Cloud Software and Global Services.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communications & Networking
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:ARRS
  • CUSIP: 04270V10
  • Web: www.arrisi.com
Capitalization:
  • Market Cap: $5.22663 billion
  • Outstanding Shares: 187,536,000
Average Prices:
  • 50 Day Moving Avg: $27.96
  • 200 Day Moving Avg: $27.67
  • 52 Week Range: $24.75 - $31.52
P/E:
  • Trailing P/E Ratio: 42.10
  • Foreward P/E Ratio: 10.52
  • P/E Growth: 0.56
Sales & Book Value:
  • Annual Revenue: $6.63 billion
  • Price / Sales: 0.79
  • Book Value: $16.63 per share
  • Price / Book: 1.68
Profitability:
  • EBITDA: $732.01 million
  • Net Margins: 1.90%
  • Return on Equity: 13.97%
  • Return on Assets: 5.79%
Debt:
  • Debt-to-Equity Ratio: 0.68%
  • Current Ratio: 1.79%
  • Quick Ratio: 1.44%
Misc:
  • Average Volume: 955,337 shs.
  • Beta: 1.33
  • Short Ratio: 6.09
 

Frequently Asked Questions for ARRIS International PLC (NASDAQ:ARRS)

What is ARRIS International PLC's stock symbol?

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

How were ARRIS International PLC's earnings last quarter?

ARRIS International PLC (NASDAQ:ARRS) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.06. The company earned $1.67 billion during the quarter, compared to the consensus estimate of $1.66 billion. ARRIS International PLC had a net margin of 1.90% and a return on equity of 13.97%. The firm's quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.84 earnings per share. View ARRIS International PLC's Earnings History.

When will ARRIS International PLC make its next earnings announcement?

ARRIS International PLC is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for ARRIS International PLC.

Where is ARRIS International PLC's stock going? Where will ARRIS International PLC's stock price be in 2017?

7 analysts have issued 12 month price objectives for ARRIS International PLC's stock. Their predictions range from $25.00 to $38.00. On average, they anticipate ARRIS International PLC's share price to reach $33.57 in the next twelve months. View Analyst Ratings for ARRIS International PLC.

What are analysts saying about ARRIS International PLC stock?

Here are some recent quotes from research analysts about ARRIS International PLC stock:

  • 1. According to Zacks Investment Research, "ARRIS reported better than expected earnings in the second quarter of 2017. We expect the company to perform well on the bottom line front in the third quarter too driven by its strong product portfolio. The company  expects earnings (adjusted) in the band of $0.66–$0.71 in the third quarter of 2017. ARRIS has recenty inked several deals to broaden its product portfolio. In Feb 2017, ARRIS entered into a deal with Broadcom to purchase Brocade Communication's Ruckus Wireless and ICX Switch units. The deal is expected to close by year-end. However, the company reported lower-than-expected revenues in the second quarter. Moreover, the company’s international operations are significantly exposed to foreign currency exchange rate risk. ARRIS is also a highly leveraged company. Shares of the company have underperformed its industry so far this year." (8/8/2017)
  • 2. Needham & Company LLC analysts commented, "ARRS' 4Q call was at best a mixed bag. Positively, the company reported upside 4Q results and announced the speculated-upon acquisition of Brocade's Ruckus Wireless and campus switching products, which we estimate could be ~$0.30 accretive in C2018. Negatively, 1Q17 guidance was well below consensus, and guidance for all of '17 called for 100-200bps of potential GM pressure from supply chain cost pressures. Combined, these drive a C'17 outlook materially lower than we had previously been expecting. While disappointing, we expect ARRS results to improve as '17 progresses and mix improves, and we believe the closure of the BRCD deal with drive solid accretion in '18. As such, we maintain our Buy rating; PT to $32 (was $35), or ~11x our preliminary post-acquisition C2018 NG EPS estimate." (2/23/2017)

Who are some of ARRIS International PLC's key competitors?

Who are ARRIS International PLC's key executives?

ARRIS International PLC's management team includes the folowing people:

  • Robert J. Stanzione, Executive Chairman of the Board
  • Bruce William McClelland, Chief Executive Officer, Director
  • David B. Potts, Chief Financial Officer, Executive Vice President
  • Stephen McCaffery, President, International Sales & Managing Director, International Business Operations Group
  • Timothy O'Loughlin, President, North American Sales
  • Lawrence Robinson, President, Customer Premises Equipment
  • Daniel T. Whalen, President, Network & Cloud
  • Philip C. Baldock, Senior Vice President, Chief Information Officer
  • Patrick W. Macken, Senior Vice President, General Counsel, Secretary
  • Victoria P. Brewster, Senior Vice President - Human Resources

Who owns ARRIS International PLC stock?

ARRIS International PLC's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include EMINENCE CAPITAL, LP (5.30%) and Meeder Asset Management Inc. (0.02%). Company insiders that own ARRIS International PLC stock include Bruce William Mcclelland, David A Woodle, David Potts, J Timothy Bryan, James R Brennan, Jeong H Kim, Patrick W Macken, Philip Charles Baldock, Robert J Stanzione, Ronald Coppock, Stephen J Mccaffery and Timothy R O'loughlin. View Institutional Ownership Trends for ARRIS International PLC.

Who bought ARRIS International PLC stock? Who is buying ARRIS International PLC stock?

ARRIS International PLC's stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc.. Company insiders that have bought ARRIS International PLC stock in the last two years include Bruce William Mcclelland, David A Woodle, J Timothy Bryan, Jeong H Kim and Robert J Stanzione. View Insider Buying and Selling for ARRIS International PLC.

How do I buy ARRIS International PLC stock?

Shares of ARRIS International PLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ARRIS International PLC's stock price today?

One share of ARRIS International PLC stock can currently be purchased for approximately $27.87.


MarketBeat Community Rating for ARRIS International PLC (NASDAQ ARRS)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  376 (Vote Outperform)
Underperform Votes:  203 (Vote Underperform)
Total Votes:  579
MarketBeat's community ratings are surveys of what our community members think about ARRIS International PLC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for ARRIS International PLC (NASDAQ:ARRS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $33.57 (20.46% upside)
Consensus Price Target History for ARRIS International PLC (NASDAQ:ARRS)
Price Target History for ARRIS International PLC (NASDAQ:ARRS)
Analysts' Ratings History for ARRIS International PLC (NASDAQ:ARRS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/16/2017Northland SecuritiesSet Price TargetHold$25.00N/AView Rating Details
10/4/2017Jefferies Group LLCSet Price TargetBuy$34.00 -> $38.00LowView Rating Details
6/15/2017BTIG ResearchInitiated CoverageBuy -> Buy$38.00MediumView Rating Details
5/2/2017Royal Bank Of CanadaReiterated RatingBuyLowView Rating Details
3/24/2017Needham & Company LLCReiterated RatingIn-Line$32.00LowView Rating Details
3/14/2017Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$29.00 -> $32.00HighView Rating Details
1/11/2017Barclays PLCReiterated RatingBuy$37.00N/AView Rating Details
9/29/2016Stifel NicolausReiterated RatingPositive$33.00N/AView Rating Details
9/20/2016Morgan StanleyInitiated CoverageOverweight$34.00N/AView Rating Details
2/18/2016Raymond James Financial, Inc.Lower Price Target$38.00 -> $34.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for ARRIS International PLC (NASDAQ:ARRS)
Earnings by Quarter for ARRIS International PLC (NASDAQ:ARRS)
Earnings History by Quarter for ARRIS International PLC (NASDAQ ARRS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.62N/AView Earnings Details
10/24/2017$0.72N/AView Earnings Details
8/2/2017Q2 2017$0.57$0.63$1.66 billion$1.67 billionViewListenView Earnings Details
5/3/2017Q1 2017$0.32$0.33$1.47 billion$1.48 billionViewListenView Earnings Details
2/22/2017Q416$0.70$0.79$1.70 billion$1.78 billionViewListenView Earnings Details
10/26/2016Q316$0.70$0.77$1.74 billion$1.73 billionViewListenView Earnings Details
7/27/2016Q216$0.65$0.84$1.70 billion$1.73 billionViewListenView Earnings Details
5/4/2016Q116$0.40$0.47$1.58 billion$1.62 billionViewListenView Earnings Details
2/17/2016Q415$0.47$0.62$1.13 billion$1.10 billionViewListenView Earnings Details
10/28/2015Q315$0.56$0.56$1.24 billion$1.22 billionViewListenView Earnings Details
7/29/2015Q215$0.53$0.53$1.26 billion$1.26 billionViewListenView Earnings Details
4/29/2015Q115$0.44$0.44$1.22 billion$1.22 billionViewListenView Earnings Details
2/18/2015Q414$0.61$0.78$1.26 billion$1.26 billionViewListenView Earnings Details
10/29/2014Q314$0.72$0.81$1.40 billion$1.41 billionViewListenView Earnings Details
7/31/2014Q214$0.68$0.70$1.40 billion$1.43 billionViewListenView Earnings Details
5/6/2014Q114$0.45$0.47$1.18 billion$1.23 billionViewListenView Earnings Details
2/19/2014Q413$0.45$0.54$1.16 billion$1.20 billionViewListenView Earnings Details
10/30/2013Q313$0.34$0.39$1.06 billion$1.07 billionViewListenView Earnings Details
8/7/2013Q2 2013$0.26$0.46$975.57 million$1,000.00 millionViewListenView Earnings Details
4/24/2013Q1 2013$0.24$0.25$355.88 million$353.70 millionViewListenView Earnings Details
2/6/2013Q4 2012$0.28$0.28$354.29 million$344.00 millionViewListenView Earnings Details
10/24/2012$0.21$0.22ViewN/AView Earnings Details
7/25/2012$0.22$0.25ViewN/AView Earnings Details
4/25/2012$0.15$0.19ViewN/AView Earnings Details
10/26/2011$0.21$0.21ViewN/AView Earnings Details
7/27/2011$0.17$0.24ViewN/AView Earnings Details
4/27/2011$0.17$0.16ViewN/AView Earnings Details
2/9/2011$0.17$0.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ARRIS International PLC (NASDAQ:ARRS)
2017 EPS Consensus Estimate: $2.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.64$0.64$0.64
Q2 20171$0.62$0.62$0.62
Q3 20171$0.65$0.65$0.65
Q4 20171$0.69$0.69$0.69
Q1 20181$0.62$0.62$0.62
Q4 20181$0.71$0.71$0.71
(Data provided by Zacks Investment Research)

Dividends

Dividend History for ARRIS International PLC (NASDAQ:ARRS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for ARRIS International PLC (NASDAQ:ARRS)
Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 86.76%
Insider Trades by Quarter for ARRIS International PLC (NASDAQ:ARRS)
Institutional Ownership by Quarter for ARRIS International PLC (NASDAQ:ARRS)
Insider Trades by Quarter for ARRIS International PLC (NASDAQ:ARRS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/3/2017Stephen J MccafferyInsiderSell12,609$30.00$378,270.00View SEC Filing  
7/14/2017David PottsEVPSell8,144$28.13$229,090.72View SEC Filing  
7/11/2017David PottsEVPSell2,502$27.67$69,230.34View SEC Filing  
4/3/2017David PottsEVPSell1,566$26.51$41,514.66View SEC Filing  
3/31/2017David PottsEVPSell1,477$26.22$38,726.94View SEC Filing  
3/29/2017David PottsEVPSell1,663$26.62$44,269.06View SEC Filing  
2/2/2017David PottsEVPSell8,378$28.92$242,291.76View SEC Filing  
12/16/2016Robert J StanzioneInsiderSell50,000$31.00$1,550,000.00View SEC Filing  
12/8/2016Robert J StanzioneInsiderSell30,000$30.15$904,500.00View SEC Filing  
9/19/2016Ronald CoppockInsiderSell5,000$29.00$145,000.00View SEC Filing  
9/6/2016Ronald CoppockInsiderSell10,000$28.50$285,000.00View SEC Filing  
8/26/2016Bruce William McclellandInsiderBuy5,000$27.15$135,750.00View SEC Filing  
8/25/2016Patrick W MackenSVPSell750$27.04$20,280.00View SEC Filing  
5/5/2016James R BrennanSVPSell8,500$25.88$219,980.00View SEC Filing  
5/5/2016Ronald CoppockInsiderSell5,000$25.25$126,250.00View SEC Filing  
3/10/2016Jeong H KimDirectorBuy10,000$23.30$233,000.00View SEC Filing  
3/8/2016David A WoodleDirectorBuy2,000$23.67$47,340.00View SEC Filing  
2/23/2016Robert J StanzioneCEOBuy10,000$22.40$224,000.00View SEC Filing  
2/19/2016J Timothy BryanDirectorBuy4,500$21.76$97,920.00View SEC Filing  
1/6/2016Philip Charles BaldockSVPSell54,687$29.07$1,589,751.09View SEC Filing  
1/6/2016Timothy R. O'loughlinInsiderSell119,567$29.78$3,560,705.26View SEC Filing  
12/29/2015David PottsCFOSell53,413$30.25$1,615,743.25View SEC Filing  
7/13/2015David PottsCFOSell8,144$31.18$253,929.92View SEC Filing  
7/13/2015Ronald CoppockInsiderSell4,863$31.22$151,822.86View SEC Filing  
7/7/2015Ronald CoppockInsiderSell14,563$29.89$435,288.07View SEC Filing  
4/23/2015Bruce William McclellandInsiderSell30,000$36.29$1,088,700.00View SEC Filing  
4/1/2015David PottsCFOSell14,349$28.67$411,385.83View SEC Filing  
2/23/2015Ronald CoppockInsiderSell20,000$28.56$571,200.00View SEC Filing  
2/20/2015Matthew B KearneyDirectorSell10,000$28.61$286,100.00View SEC Filing  
2/3/2015David PottsCFOSell40,871$26.18$1,070,002.78View SEC Filing  
12/10/2014James R BrennanSVPSell3,869$28.55$110,459.95View SEC Filing  
7/30/2014Bruce William McclellandInsiderSell10,000$35.00$350,000.00View SEC Filing  
7/15/2014David PottsCFOSell8,144$31.80$258,979.20View SEC Filing  
5/28/2014Bruce William McclellandInsiderSell10,000$32.50$325,000.00View SEC Filing  
4/15/2014Ronald CoppockInsiderSell40,000$24.91$996,400.00View SEC Filing  
4/1/2014David PottsCFOSell6,620$28.17$186,485.40View SEC Filing  
3/31/2014David PottsCFOSell4,428$27.91$123,585.48View SEC Filing  
3/26/2014David PottsCFOSell3,932$28.20$110,882.40View SEC Filing  
2/3/2014David PottsCFOSell29,196$25.52$745,081.92View SEC Filing  
12/4/2013Ronald CoppockInsiderSell20,000$20.91$418,200.00View SEC Filing  
11/29/2013Robert StanzioneCEOSell40,000$20.45$818,000.00View SEC Filing  
11/26/2013Bruce William McclellandInsiderSell17,348$20.00$346,960.00View SEC Filing  
11/26/2013David WoodleDirectorSell71,960$20.00$1,439,200.00View SEC Filing  
11/26/2013Marc GeraciTreasurerSell3,000$20.00$60,000.00View SEC Filing  
11/20/2013Lawrence MargolisEVPSell106,653$18.95$2,021,074.35View SEC Filing  
11/19/2013Bruce William McclellandInsiderSell20,000$18.28$365,600.00View SEC Filing  
11/19/2013Marc GeraciTreasurerSell3,000$18.50$55,500.00View SEC Filing  
11/19/2013Robert StanzioneCEOSell35,655$18.45$657,834.75View SEC Filing  
8/19/2013Marc GeraciTreasurerSell2,054$16.56$34,014.24View SEC Filing  
8/14/2013Marc GeraciTreasurerSell3,000$16.92$50,760.00View SEC Filing  
5/8/2013Marc S GeraciTreasurerSell6,196$16.62$102,977.52View SEC Filing  
5/8/2013Ronald CoppockInsiderSell51,753$16.70$864,275.10View SEC Filing  
9/5/2012Robert J StanzioneCEOSell8,700$13.75$119,625.00View SEC Filing  
8/14/2012Debora J WilsonDirectorBuy3,500$13.58$47,530.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for ARRIS International PLC (NASDAQ:ARRS)
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ARRIS International PLC (ARRS) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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