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

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$30.94 +0.05 (+0.16 %)
(As of 01/16/2019 11:25 AM ET)
Previous Close$30.89
Today's Range$30.87 - $31.00
52-Week Range$21.55 - $31.06
Volume95,755 shs
Average Volume3.27 million shs
Market Capitalization$5.34 billion
P/E Ratio12.72
Dividend YieldN/A
Beta0.96
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.

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Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:ARRS
CUSIP04270V10
Phone678-473-2000

Debt

Current Ratio1.54
Quick Ratio1.15

Price-To-Earnings

Sales & Book Value

Annual Sales$6.61 billion
Price / Sales0.81
Cash Flow$5.3437 per share
Price / Cash Flow5.79
Book Value$17.02 per share
Price / Book1.82

Profitability

Net Income$92.02 million
Net Margins1.24%
Return on Assets6.77%

Miscellaneous

Employees8,700
Market Cap$5.34 billion
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 announced that its Board of Directors has approved a stock buyback plan on Saturday, March 24th 2018, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5.9% of its stock through open market purchases. Stock repurchase plans are generally an indication 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) announced its earnings results on Thursday, November, 8th. The communications equipment provider reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.01. The communications equipment provider earned $1.65 billion during the quarter, compared to the consensus estimate of $1.71 billion. ARRIS International had a net margin of 1.24% and a return on equity of 16.14%. The business's revenue was down 4.5% compared to the same quarter last year. During the same period last year, the firm earned $0.80 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, February 13th 2019. View Earnings Estimates for ARRIS International.

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

ARRIS International issued an update on its fourth quarter earnings guidance on Thursday, November, 8th. The company provided EPS guidance of $0.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.80. The company issued revenue guidance of $1.651 billion, compared to the consensus revenue estimate of $1.86 billion.

What price target have analysts set for ARRS?

9 equities research analysts have issued 12 month target prices for ARRIS International's stock. Their predictions range from $23.00 to $35.00. On average, they anticipate ARRIS International's share price to reach $30.1757 in the next year. This suggests that the stock has a possible downside of 2.4%. 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?

Media coverage about ARRS stock has trended positive on Wednesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. ARRIS International earned a news sentiment score of 2.8 on InfoTrie's scale. They also gave headlines about the communications equipment provider a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the stock's share price in the near term.

Are investors shorting ARRIS International?

ARRIS International saw a increase in short interest in December. As of December 14th, there was short interest totalling 16,643,744 shares, an increase of 23.0% from the November 30th total of 13,536,618 shares. Based on an average daily volume of 4,501,306 shares, the short-interest ratio is presently 3.7 days. Approximately 10.3% 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 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 shareholders include Cerebellum GP LLC (0.00%). 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 buying ARRIS International stock?

ARRS stock was acquired by a variety of institutional investors in the last quarter, including Cerebellum GP LLC. 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 $30.93.

How big of a company is ARRIS International?

ARRIS International has a market capitalization of $5.34 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:  2.8 out of 5 (star star)
Outperform Votes:  526 (Vote Outperform)
Underperform Votes:  403 (Vote Underperform)
Total Votes:  929
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 1/16/2019 by MarketBeat.com Staff

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