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

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$25.50 +0.02 (+0.08 %)
(As of 06/21/2018 04:12 AM ET)
Previous Close$25.50
Today's Range$25.34 - $25.68
52-Week Range$22.60 - $30.38
Volume2.37 million shs
Average Volume1.44 million shs
Market Capitalization$4.79 billion
P/E Ratio10.49
Dividend YieldN/A
Beta1.2
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

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 Ratio10.49
Forward P/E Ratio9.48
P/E Growth0.95

Sales & Book Value

Annual Sales$6.61 billion
Price / Sales0.72
Cash Flow$5.2795 per share
Price / Cash4.83
Book Value$17.02 per share
Price / Book1.50

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

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 has initiated a stock repurchase program on Saturday, March 24th 2018, which authorizes the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 5.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its stock is undervalued.

How were ARRIS International's earnings last quarter?

ARRIS International plc (NASDAQ:ARRS) issued its quarterly 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 earned $1.58 billion during 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%. ARRIS International's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $0.40 EPS. 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 issued an update on its second quarter earnings guidance on Tuesday, May, 1st. The company provided EPS guidance of $0.72-0.77 for the period, compared to the Thomson Reuters consensus earnings per share 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?

7 analysts have issued 12 month price targets for ARRIS International's shares. Their forecasts range from $25.00 to $38.00. On average, they anticipate ARRIS International's share price to reach $32.6667 in the next twelve months. View Analyst Ratings for ARRIS International.

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 on Thursday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ARRIS International earned a media sentiment score of 0.07 on Accern's scale. They also assigned media stories about the communications equipment provider an impact score of 45.67 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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 BlackRock Inc. (8.06%), Dimensional Fund Advisors LP (2.57%), Victory Capital Management Inc. (2.50%), Thompson Siegel & Walmsley LLC (2.28%), Wells Fargo & Company MN (1.77%) and Pinnacle Associates Ltd. (1.18%). 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 institutional investors are selling ARRIS International stock?

ARRS stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, JPMorgan Chase & Co., Clinton Group Inc., Foresters Investment Management Company Inc., Victory Capital Management Inc., Prudential Financial Inc., Pinnacle Associates Ltd. and Dupont Capital Management Corp. 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 institutional investors are buying ARRIS International stock?

ARRS stock was acquired by a variety of institutional investors in the last quarter, including Scopia Capital Management LP, BlackRock Inc., Schwab Charles Investment Management Inc., Schroder Investment Management Group, First Pacific Advisors LLC, Thompson Siegel & Walmsley LLC, New York State Common Retirement Fund and Rock Point Advisors 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 $25.50.

How big of a company is ARRIS International?

ARRIS International has a market capitalization of $4.79 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 (ARRS)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  446 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  738
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 6/21/2018 by MarketBeat.com Staff

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