About ARRIS International PLC (NASDAQ:ARRS)
ARRIS 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
- Market Cap: $5.22663 billion
- Outstanding Shares: 187,536,000
- 50 Day Moving Avg: $27.96
- 200 Day Moving Avg: $27.67
- 52 Week Range: $24.75 - $31.52
Sales & Book Value:
- Trailing P/E Ratio: 42.10
- Foreward P/E Ratio: 10.52
- P/E Growth: 0.56
- Annual Revenue: $6.63 billion
- Price / Sales: 0.79
- Book Value: $16.63 per share
- Price / Book: 1.68
- EBITDA: $732.01 million
- Net Margins: 1.90%
- Return on Equity: 13.97%
- Return on Assets: 5.79%
- Debt-to-Equity Ratio: 0.68%
- Current Ratio: 1.79%
- Quick Ratio: 1.44%
- 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?
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?
Some companies that are related to ARRIS International PLC include Alcatel Lucent SA (ALU), CommScope Holding Company (COMM), EchoStar Corporation (SATS), Brocade Communications Systems (BRCD), ViaSat (VSAT), Belden (BDC), Lumentum Holdings (LITE), Ciena Corporation (CIEN), Finisar Corporation (FNSR), InterDigital (IDCC), Viavi Solutions (VIAV), West Corp (WSTC), Acacia Communications (ACIA), Plantronics (PLT), Oclaro (OCLR), Infinera Corporation (INFN), ADTRAN (ADTN) and Vocera Communications (VCRA).
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?
MarketBeat Community Rating for ARRIS International PLC (NASDAQ ARRS)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.
One share of ARRIS International PLC stock can currently be purchased for approximately $27.87.
Consensus Ratings for ARRIS International PLC (NASDAQ:ARRS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for ARRIS International PLC (NASDAQ:ARRS)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Northland Securities||Set Price Target||Hold||$25.00||N/A|
|10/4/2017||Jefferies Group LLC||Set Price Target||Buy||$34.00 -> $38.00||Low|
|6/15/2017||BTIG Research||Initiated Coverage||Buy -> Buy||$38.00||Medium|
|5/2/2017||Royal Bank Of Canada||Reiterated Rating||Buy||Low|
|3/24/2017||Needham & Company LLC||Reiterated Rating||In-Line||$32.00||Low|
|3/14/2017||Goldman Sachs Group, Inc. (The)||Upgrade||Neutral -> Buy||$29.00 -> $32.00||High|
|1/11/2017||Barclays PLC||Reiterated Rating||Buy||$37.00||N/A|
|9/29/2016||Stifel Nicolaus||Reiterated Rating||Positive||$33.00||N/A|
|9/20/2016||Morgan Stanley||Initiated Coverage||Overweight||$34.00||N/A|
|2/18/2016||Raymond James Financial, Inc.||Lower Price Target||$38.00 -> $34.00||N/A|
Earnings History for ARRIS International PLC (NASDAQ:ARRS)Earnings History by Quarter for ARRIS International PLC (NASDAQ ARRS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.57||$0.63||$1.66 billion||$1.67 billion||View||Listen|
|5/3/2017||Q1 2017||$0.32||$0.33||$1.47 billion||$1.48 billion||View||Listen|
|2/22/2017||Q416||$0.70||$0.79||$1.70 billion||$1.78 billion||View||Listen|
|10/26/2016||Q316||$0.70||$0.77||$1.74 billion||$1.73 billion||View||Listen|
|7/27/2016||Q216||$0.65||$0.84||$1.70 billion||$1.73 billion||View||Listen|
|5/4/2016||Q116||$0.40||$0.47||$1.58 billion||$1.62 billion||View||Listen|
|2/17/2016||Q415||$0.47||$0.62||$1.13 billion||$1.10 billion||View||Listen|
|10/28/2015||Q315||$0.56||$0.56||$1.24 billion||$1.22 billion||View||Listen|
|7/29/2015||Q215||$0.53||$0.53||$1.26 billion||$1.26 billion||View||Listen|
|4/29/2015||Q115||$0.44||$0.44||$1.22 billion||$1.22 billion||View||Listen|
|2/18/2015||Q414||$0.61||$0.78||$1.26 billion||$1.26 billion||View||Listen|
|10/29/2014||Q314||$0.72||$0.81||$1.40 billion||$1.41 billion||View||Listen|
|7/31/2014||Q214||$0.68||$0.70||$1.40 billion||$1.43 billion||View||Listen|
|5/6/2014||Q114||$0.45||$0.47||$1.18 billion||$1.23 billion||View||Listen|
|2/19/2014||Q413||$0.45||$0.54||$1.16 billion||$1.20 billion||View||Listen|
|10/30/2013||Q313||$0.34||$0.39||$1.06 billion||$1.07 billion||View||Listen|
|8/7/2013||Q2 2013||$0.26||$0.46||$975.57 million||$1,000.00 million||View||Listen|
|4/24/2013||Q1 2013||$0.24||$0.25||$355.88 million||$353.70 million||View||Listen|
|2/6/2013||Q4 2012||$0.28||$0.28||$354.29 million||$344.00 million||View||Listen|
Earnings Estimates for ARRIS International PLC (NASDAQ:ARRS)
2017 EPS Consensus Estimate: $2.60
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for ARRIS International PLC (NASDAQ:ARRS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for ARRIS International PLC (NASDAQ:ARRS)
Insider Ownership Percentage: 0.90%Insider Trades by Quarter for ARRIS International PLC (NASDAQ:ARRS)
Institutional Ownership Percentage: 86.76%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/3/2017||Stephen J Mccaffery||Insider||Sell||12,609||$30.00||$378,270.00|| |
|7/14/2017||David Potts||EVP||Sell||8,144||$28.13||$229,090.72|| |
|7/11/2017||David Potts||EVP||Sell||2,502||$27.67||$69,230.34|| |
|4/3/2017||David Potts||EVP||Sell||1,566||$26.51||$41,514.66|| |
|3/31/2017||David Potts||EVP||Sell||1,477||$26.22||$38,726.94|| |
|3/29/2017||David Potts||EVP||Sell||1,663||$26.62||$44,269.06|| |
|2/2/2017||David Potts||EVP||Sell||8,378||$28.92||$242,291.76|| |
|12/16/2016||Robert J Stanzione||Insider||Sell||50,000||$31.00||$1,550,000.00|| |
|12/8/2016||Robert J Stanzione||Insider||Sell||30,000||$30.15||$904,500.00|| |
|9/19/2016||Ronald Coppock||Insider||Sell||5,000||$29.00||$145,000.00|| |
|9/6/2016||Ronald Coppock||Insider||Sell||10,000||$28.50||$285,000.00|| |
|8/26/2016||Bruce William Mcclelland||Insider||Buy||5,000||$27.15||$135,750.00|| |
|8/25/2016||Patrick W Macken||SVP||Sell||750||$27.04||$20,280.00|| |
|5/5/2016||James R Brennan||SVP||Sell||8,500||$25.88||$219,980.00|| |
|5/5/2016||Ronald Coppock||Insider||Sell||5,000||$25.25||$126,250.00|| |
|3/10/2016||Jeong H Kim||Director||Buy||10,000||$23.30||$233,000.00|| |
|3/8/2016||David A Woodle||Director||Buy||2,000||$23.67||$47,340.00|| |
|2/23/2016||Robert J Stanzione||CEO||Buy||10,000||$22.40||$224,000.00|| |
|2/19/2016||J Timothy Bryan||Director||Buy||4,500||$21.76||$97,920.00|| |
|1/6/2016||Philip Charles Baldock||SVP||Sell||54,687||$29.07||$1,589,751.09|| |
|1/6/2016||Timothy R. O'loughlin||Insider||Sell||119,567||$29.78||$3,560,705.26|| |
|12/29/2015||David Potts||CFO||Sell||53,413||$30.25||$1,615,743.25|| |
|7/13/2015||David Potts||CFO||Sell||8,144||$31.18||$253,929.92|| |
|7/13/2015||Ronald Coppock||Insider||Sell||4,863||$31.22||$151,822.86|| |
|7/7/2015||Ronald Coppock||Insider||Sell||14,563||$29.89||$435,288.07|| |
|4/23/2015||Bruce William Mcclelland||Insider||Sell||30,000||$36.29||$1,088,700.00|| |
|4/1/2015||David Potts||CFO||Sell||14,349||$28.67||$411,385.83|| |
|2/23/2015||Ronald Coppock||Insider||Sell||20,000||$28.56||$571,200.00|| |
|2/20/2015||Matthew B Kearney||Director||Sell||10,000||$28.61||$286,100.00|| |
|2/3/2015||David Potts||CFO||Sell||40,871||$26.18||$1,070,002.78|| |
|12/10/2014||James R Brennan||SVP||Sell||3,869||$28.55||$110,459.95|| |
|7/30/2014||Bruce William Mcclelland||Insider||Sell||10,000||$35.00||$350,000.00|| |
|7/15/2014||David Potts||CFO||Sell||8,144||$31.80||$258,979.20|| |
|5/28/2014||Bruce William Mcclelland||Insider||Sell||10,000||$32.50||$325,000.00|| |
|4/15/2014||Ronald Coppock||Insider||Sell||40,000||$24.91||$996,400.00|| |
|4/1/2014||David Potts||CFO||Sell||6,620||$28.17||$186,485.40|| |
|3/31/2014||David Potts||CFO||Sell||4,428||$27.91||$123,585.48|| |
|3/26/2014||David Potts||CFO||Sell||3,932||$28.20||$110,882.40|| |
|2/3/2014||David Potts||CFO||Sell||29,196||$25.52||$745,081.92|| |
|12/4/2013||Ronald Coppock||Insider||Sell||20,000||$20.91||$418,200.00|| |
|11/29/2013||Robert Stanzione||CEO||Sell||40,000||$20.45||$818,000.00|| |
|11/26/2013||Bruce William Mcclelland||Insider||Sell||17,348||$20.00||$346,960.00|| |
|11/26/2013||David Woodle||Director||Sell||71,960||$20.00||$1,439,200.00|| |
|11/26/2013||Marc Geraci||Treasurer||Sell||3,000||$20.00||$60,000.00|| |
|11/20/2013||Lawrence Margolis||EVP||Sell||106,653||$18.95||$2,021,074.35|| |
|11/19/2013||Bruce William Mcclelland||Insider||Sell||20,000||$18.28||$365,600.00|| |
|11/19/2013||Marc Geraci||Treasurer||Sell||3,000||$18.50||$55,500.00|| |
|11/19/2013||Robert Stanzione||CEO||Sell||35,655||$18.45||$657,834.75|| |
|8/19/2013||Marc Geraci||Treasurer||Sell||2,054||$16.56||$34,014.24|| |
|8/14/2013||Marc Geraci||Treasurer||Sell||3,000||$16.92||$50,760.00|| |
|5/8/2013||Marc S Geraci||Treasurer||Sell||6,196||$16.62||$102,977.52|| |
|5/8/2013||Ronald Coppock||Insider||Sell||51,753||$16.70||$864,275.10|| |
|9/5/2012||Robert J Stanzione||CEO||Sell||8,700||$13.75||$119,625.00|| |
|8/14/2012||Debora J Wilson||Director||Buy||3,500||$13.58||$47,530.00|| |
Headline Trends for ARRIS International PLC (NASDAQ:ARRS)
Latest Headlines for ARRIS International PLC (NASDAQ:ARRS)
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ARRIS International PLC (ARRS) Chart for Monday, October, 23, 2017