NASDAQ:ARRS - ARRIS International Stock Price, Price Target & More

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$26.22 -0.13 (-0.49 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$26.35
Today's Range$26.01 - $26.33
52-Week Range$22.60 - $30.38
Volume501,800 shs
Average Volume1.46 million shs
Market Capitalization$4.92 billion
P/E Ratio10.84
Dividend YieldN/A
Beta1.18
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 Ratio0.66
Current Ratio1.65
Quick Ratio1.16

Price-To-Earnings

Trailing P/E Ratio10.84
Forward P/E Ratio9.75
P/E Growth0.98

Sales & Book Value

Annual Sales$6.61 billion
Price / Sales0.74
Cash Flow$5.2757 per share
Price / Cash4.97
Book Value$17.02 per share
Price / Book1.54

Profitability

EPS (Most Recent Fiscal Year)$2.43
Net Income$92.02 million
Net Margins1.77%
Return on Equity16.38%
Return on Assets6.90%

Miscellaneous

Employees8,700
Outstanding Shares186,260,000
Market Cap$4,919.21

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 initiated a share buyback plan on Saturday, March 24th 2018, which permits the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 5.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its shares are undervalued.

How were ARRIS International's earnings last quarter?

ARRIS International plc (NASDAQ:ARRS) posted its earnings results on Tuesday, May, 1st. The communications equipment provider reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.20. The communications equipment provider had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.61 billion. ARRIS International had a return on equity of 16.38% and a net margin of 1.77%. The company's revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.40 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, August, 1st 2018. View Earnings Estimates for ARRIS International.

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

ARRIS International updated its second quarter earnings guidance on Tuesday, May, 1st. The company provided earnings per share guidance of $0.72-0.77 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.72. The company issued revenue guidance of $1.76-1.81 billion, compared to the consensus revenue estimate of $1.79 billion.

What price target have analysts set for ARRS?

8 Wall Street analysts have issued twelve-month price targets for ARRIS International's shares. Their predictions range from $24.00 to $38.00. On average, they anticipate ARRIS International's stock price to reach $31.50 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Ratings 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."

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)
  • Mr. Philip Charles Baldock, Sr. VP & Chief Information Officer (Age 42)

Has ARRIS International been receiving favorable news coverage?

News coverage about ARRS stock has been trending somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ARRIS International earned a news impact score of 0.06 on Accern's scale. They also gave media headlines about the communications equipment provider an impact score of 46.78 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are ARRIS International's major shareholders?

ARRIS International's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Channing Capital Management LLC (0.23%), Kirr Marbach & Co. LLC IN (0.23%), James Investment Research Inc. (0.04%), Municipal Employees Retirement System of Michigan (0.02%), Hartford Investment Management Co. (0.01%) and Cerebellum GP LLC (0.00%). Company insiders that own ARRIS International stock include Bruce William Mcclelland, David Potts, Debora J Wilson, James R Brennan, Lawrence Robinson, Patrick W Macken, Philip Charles Baldock, Robert J Stanzione, Ronald Coppock 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 Channing Capital Management LLC, Municipal Employees Retirement System of Michigan and Kirr Marbach & Co. LLC IN. Company insiders that have sold ARRIS International company stock in the last year include David Potts, James R Brennan, Lawrence Robinson, Patrick W Macken, Philip Charles Baldock and Stephen J Mccaffery. View Insider Buying and Selling for ARRIS International.

Which major investors are buying ARRIS International stock?

ARRS stock was bought by a variety of institutional investors in the last quarter, including James Investment Research Inc., Hartford Investment Management Co. and Cerebellum GP LLC. Company insiders that have bought ARRIS International stock in the last two years include Bruce William Mcclelland, Debora J Wilson 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 $26.22.

How big of a company is ARRIS International?

ARRIS International has a market capitalization of $4.92 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.

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:  3.0 out of 5 (star star star)
Outperform Votes:  462 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  772
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 7/20/2018 by MarketBeat.com Staff

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