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.
Industry, Sector and Symbol
Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Phone678-473-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.74 billion
Profitability
Miscellaneous
Employees8,700
Next Earnings Date5/7/2019 (Estimated)
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 initiated a share repurchase 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 repurchase up to 5.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.
How were ARRIS International's earnings last quarter?
ARRIS International plc (NASDAQ:ARRS) released its quarterly earnings results on Thursday, February, 21st. The communications equipment provider reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.01. The communications equipment provider earned $1.79 billion during the quarter, compared to analysts' expectations of $1.78 billion. ARRIS International had a net margin of 1.69% and a return on equity of 15.06%. The company's quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.88 EPS. View ARRIS International's Earnings History.
When is ARRIS International's next earnings date?
What guidance has ARRIS International issued on next quarter's earnings?
ARRIS International issued an update on its FY 2018 earnings guidance on Monday, January, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $6.73-6.755 billion, compared to the consensus revenue estimate of $6.74 billion.ARRIS International also updated its Q4 2018 guidance to EPS.
What price target have analysts set for ARRS?
9 analysts have issued 12-month price objectives for ARRIS International's shares. Their forecasts range from $23.00 to $32.00. On average, they anticipate ARRIS International's share price to reach $29.3717 in the next year. This suggests that the stock has a possible downside of 7.2%. 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?
Press coverage about ARRS stock has trended neutral recently, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ARRIS International earned a coverage optimism score of 0.1 on InfoTrie's scale. They also assigned news stories about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of ARRIS International's key competitors?
Some companies that are related to ARRIS International include L3 Technologies (LLL), Ubiquiti Networks (UBNT), Commscope (COMM), ViaSat (VSAT), Echostar (SATS), Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), Casa Systems (CASA), Comtech Telecomm. (CMTL), CalAmp (CAMP), Gilat Satellite Networks (GILT), Harmonic (HLIT), Sierra Wireless (SWIR), Maxar Technologies (MAXR) and Ceragon Networks (CRNT).
What other stocks do shareholders of ARRIS International own?
Who are ARRIS International's key executives?
ARRIS International's management team includes the folowing people:
- Mr. Bruce W. McClelland, CEO & Director (Age 52)
- Mr. David B. Potts, Exec. VP & CFO (Age 61)
- Mr. Lawrence Robinson, Pres of Customer Premises Equipment (Age 51)
- Mr. Timothy R. O'Loughlin, Pres of US Sales, Global Marketing & Operations (Age 45)
- Ms. Karen K. Renner, Chief Information Officer (Age 57)
Who are ARRIS International's major shareholders?
ARRIS International's stock is owned by many different of retail and institutional investors. Top institutional investors include Millennium Management LLC (2.38%), Oregon Public Employees Retirement Fund (1.19%), Strs Ohio (1.08%), Geode Capital Management LLC (1.06%), Bank of New York Mellon Corp (0.96%) and Gardner Lewis Asset Management L P (0.79%). 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 Strs Ohio, New York State Common Retirement Fund, Geode Capital Management LLC, Channing Capital Management LLC, Canada Pension Plan Investment Board, Bank of New York Mellon Corp, Ancora Advisors LLC and James Investment Research Inc.. Company insiders that have sold ARRIS International company stock in the last year include David Potts, James R Brennan and Philip Charles Baldock. View Insider Buying and Selling for ARRIS International.
Which institutional investors are buying ARRIS International stock?
ARRS stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Oregon Public Employees Retirement Fund, Gardner Lewis Asset Management L P, Gabelli Funds LLC, GABELLI & Co INVESTMENT ADVISERS INC., LMR Partners LLP, Dupont Capital Management Corp and Rhumbline Advisers. 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 $31.64.
How big of a company is ARRIS International?
ARRIS International has a market capitalization of $5.48 billion and generates $6.74 billion in revenue each year. The communications equipment provider earns $92.02 million in net income (profit) each year or $2.53 on an earnings per share basis. ARRIS International employs 8,700 workers across the globe.
What is ARRIS International's official website?
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)
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.
