About ARRIS International (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
Industry Communications & Networking
Trailing P/E Ratio51.8775510204082
Forward P/E Ratio9.70
Sales & Book Value
Annual Sales$6.61 billion
Price / Sales0.72
Cash Flow$4.93 per share
Price / Cash5.16
Book Value$17.03 per share
Price / Book1.49
Net Income$18.10 million
Return on Equity14.69%
Return on Assets6.18%
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 were ARRIS International's earnings last quarter?
ARRIS International plc (NASDAQ:ARRS) issued its quarterly earnings data on Wednesday, February, 14th. The communications equipment provider reported $0.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.76 by $0.12. The communications equipment provider earned $1.74 billion during the quarter, compared to the consensus estimate of $1.74 billion. ARRIS International had a net margin of 1.41% and a return on equity of 14.69%. The business's revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period last year, the business posted $0.79 earnings per share. View ARRIS International's Earnings History.
When will ARRIS International make its next earnings announcement?
What guidance has ARRIS International issued on next quarter's earnings?
ARRIS International issued an update on its FY18 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of $2.80-3.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.92. The company issued revenue guidance of $7.1-7.35 billion, compared to the consensus revenue estimate of $7.26 billion.ARRIS International also updated its Q1 guidance to $0.50-0.55 EPS.
Where is ARRIS International's stock going? Where will ARRIS International's stock price be in 2018?
9 brokerages have issued 1-year price objectives for ARRIS International's stock. Their forecasts range from $25.00 to $38.00. On average, they anticipate ARRIS International's share price to reach $33.33 in the next year. View Analyst Ratings for ARRIS International.
What are Wall Street analysts saying about ARRIS International stock?
Here are some recent quotes from research analysts about ARRIS International stock:
- 1. According to Zacks Investment Research, "Shares of ARRIS have underperformed its industry in 2017 due to multiple headwinds. The company's revenue related woes are concerning. It anticipates revenues in the range of $1,675-$1,750 million for the fourth quarter. Customer concentration remains high for ARRIS with few customers accounting for a significant portion of its top-line. Moreover, at the investor day, ARRIS stated that 2017 earnings (adjusted) are expected in the band of $2.40–$2.60, way below the 2016 figure. The negativity surrounding the stock is evident from the Zacks Consensus Estimate for the fourth quarter being revised downward 6.1% in the last 90 days. Detailed results will be out on Feb 14. However, we are impressed by the company's acquisition of Ruckus Wireless and ICX Switch units from Broadcom in December 2017. The acquisition is expected to be value accretive to its earnings in the first year." (1/31/2018)
- 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's key competitors?
Some companies that are related to ARRIS International include Commscope (COMM), Echostar (SATS), Brocade Communications Systems (BRCD), ViaSat (VSAT), Lumentum (LITE), Ciena (CIEN), Riverbed Technology (RVBD), Belden (BDC), InterDigital (IDCC), Viavi Solutions (VIAV), Finisar (FNSR), West (WSTC), Plantronics (PLT), Polycom (PLCM), Ixia (XXIA), Acacia Communications (ACIA), Infinera (INFN) and Casa Systems (CASA).
Who are ARRIS International's key executives?
ARRIS International's management team includes the folowing people:
- Robert J. Stanzione, Executive Chairman of the Board (Age 69)
- Bruce William McClelland, Chief Executive Officer, Director (Age 50)
- David B. Potts, Chief Financial Officer, Executive Vice President (Age 59)
- Stephen McCaffery, President, International Sales & Managing Director, International Business Operations Group (Age 50)
- Timothy O'Loughlin, President, North American Sales (Age 43)
- Lawrence Robinson, President, Customer Premises Equipment (Age 49)
- Daniel T. Whalen, President, Network & Cloud (Age 49)
- Philip C. Baldock, Senior Vice President, Chief Information Officer (Age 41)
- Patrick W. Macken, Senior Vice President, General Counsel, Secretary (Age 43)
- Victoria P. Brewster, Senior Vice President - Human Resources (Age 54)
Who owns ARRIS International stock?
ARRIS International's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Lyrical Asset Management LP (2.79%), Strs Ohio (1.77%), Bank of New York Mellon Corp (1.06%), Geode Capital Management LLC (0.91%), Glenmede Trust Co. NA (0.60%) and TIAA CREF Investment Management LLC (0.58%). Company insiders that own ARRIS International stock include Bruce William Mcclelland, David A Woodle, David Potts, J Timothy Bryan, James R Brennan, Jeong H Kim, Lawrence Robinson, Patrick W Macken, Philip Charles Baldock, Robert J Stanzione, Ronald Coppock and Stephen J Mccaffery. View Institutional Ownership Trends for ARRIS International.
Who sold ARRIS International stock? Who is selling ARRIS International stock?
ARRIS International's stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Hallmark Capital Management Inc., TIAA CREF Investment Management LLC, Earnest Partners LLC, Bank of New York Mellon Corp, Rhumbline Advisers, Glenmede Trust Co. NA and Teachers Advisors LLC. Company insiders that have sold ARRIS International company stock in the last year include David Potts, Lawrence Robinson, Patrick W Macken, Philip Charles Baldock and Stephen J Mccaffery. View Insider Buying and Selling for ARRIS International.
Who bought ARRIS International stock? Who is buying ARRIS International stock?
ARRIS International's stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio, Channing Capital Management LLC, Lyrical Asset Management LP, Cornerstone Capital Management Holdings LLC., Cerebellum GP LLC, Geode Capital Management LLC, Alambic Investment Management L.P. and Martingale Asset Management L P. Company insiders that have bought ARRIS International 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.
How do I buy ARRIS International stock?
Shares of ARRIS International 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 ARRIS International stock can currently be purchased for approximately $25.42.
How big of a company is ARRIS International?
ARRIS International has a market capitalization of $4.66 billion and generates $6.61 billion in revenue each year. The communications equipment provider earns $18.10 million in net income (profit) each year or $0.49 on an earnings per share basis. ARRIS International employs 7,020 workers across the globe.
How can I contact ARRIS International?
ARRIS International's mailing address is 3871 Lakefield Dr, SUWANEE, GA 30024-1292, United States. The communications equipment provider can be reached via phone at +1-678-4732000 or via email at [email protected]
MarketBeat Community Rating for ARRIS International (ARRS)MarketBeat's community ratings are surveys of what our community members think about ARRIS International 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.
ARRIS International (NASDAQ:ARRS) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.67||2.63||2.71||2.78|
|Ratings Breakdown: ||0 Sell Rating(s)|
3 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$33.33||$33.13||$33.57||$33.00|
|Price Target Upside: ||33.12% upside||28.64% upside||22.12% upside||19.00% upside|
ARRIS International (NASDAQ:ARRS) Consensus Price Target History
ARRIS International (NASDAQ:ARRS) Analyst Ratings History
(Data available from 2/17/2016 forward)
ARRIS International (NASDAQ:ARRS) Earnings History and Estimates Chart
ARRIS International (NASDAQ ARRS) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/14/2018||Q4 2017||$0.76||$0.88||$1.74 billion||$1.74 billion||View||Listen|
|11/1/2017||Q3 2017||$0.62||$0.80||$1.77 billion||$1.73 billion||View||N/A|
|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|
ARRIS International (NASDAQ:ARRS) Earnings Estimates
2018 EPS Consensus Estimate: $2.58
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for ARRIS International (NASDAQ:ARRS)
No dividend announcements for this company have been tracked by MarketBeat.com
ARRIS International (NASDAQ ARRS) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 86.77%
ARRIS International (NASDAQ ARRS) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/4/2018||Philip Charles Baldock||SVP||Sell||4,930||$26.11||$128,722.30||13,529|| |
|11/30/2017||Lawrence Robinson||Insider||Sell||4,167||$30.00||$125,010.00||71,721|| |
|11/20/2017||Patrick W Macken||SVP||Sell||1,250||$29.26||$36,575.00||4,556|| |
|8/7/2017||Lawrence Robinson||Insider||Sell||9,000||$28.54||$256,860.00||73,867|| |
|8/3/2017||Stephen J Mccaffery||Insider||Sell||12,609||$30.00||$378,270.00||9,127|| |
|7/14/2017||David Potts||EVP||Sell||8,144||$28.13||$229,090.72||96,234|| |
|7/11/2017||David Potts||EVP||Sell||2,502||$27.67||$69,230.34||90,592|| |
|4/3/2017||David Potts||EVP||Sell||1,566||$26.51||$41,514.66||85,588|| |
|3/31/2017||David Potts||EVP||Sell||1,477||$26.22||$38,726.94||85,499|| |
|3/29/2017||David Potts||EVP||Sell||1,663||$26.62||$44,269.06||84,207|| |
|2/2/2017||David Potts||EVP||Sell||8,378||$28.92||$242,291.76||89,258|| |
|12/16/2016||Robert J Stanzione||Insider||Sell||50,000||$31.00||$1,550,000.00||798,856|| |
|12/8/2016||Robert J Stanzione||Insider||Sell||30,000||$30.15||$904,500.00||848,856|| |
|9/19/2016||Ronald Coppock||Insider||Sell||5,000||$29.00||$145,000.00||19,750|| |
|9/6/2016||Ronald Coppock||Insider||Sell||10,000||$28.50||$285,000.00||24,750|| |
|8/26/2016||Bruce William Mcclelland||Insider||Buy||5,000||$27.15||$135,750.00||174,288|| |
|8/25/2016||Patrick W Macken||SVP||Sell||750||$27.04||$20,280.00||1,256|| |
|5/5/2016||James R Brennan||SVP||Sell||8,500||$25.88||$219,980.00||35,221|| |
|5/5/2016||Ronald Coppock||Insider||Sell||5,000||$25.25||$126,250.00||48,750|| |
|3/10/2016||Jeong H Kim||Director||Buy||10,000||$23.30||$233,000.00||10,000|| |
|3/8/2016||David A Woodle||Director||Buy||2,000||$23.67||$47,340.00||2,000|| |
|2/23/2016||Robert J Stanzione||CEO||Buy||10,000||$22.40||$224,000.00||862,610|| |
|2/19/2016||J Timothy Bryan||Director||Buy||4,500||$21.76||$97,920.00||4,500|| |
|1/6/2016||Philip Charles Baldock||SVP||Sell||54,687||$29.07||$1,589,751.09||732|| |
|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||48,140|| |
|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||39,880|| |
|4/1/2014||David Potts||CFO||Sell||6,620||$28.17||$186,485.40||50,760|| |
|3/31/2014||David Potts||CFO||Sell||4,428||$27.91||$123,585.48||15,000|| |
|3/26/2014||David Potts||CFO||Sell||3,932||$28.20||$110,882.40||15,000|| |
|2/3/2014||David Potts||CFO||Sell||29,196||$25.52||$745,081.92||15,000|| |
|12/4/2013||Ronald Coppock||Insider||Sell||20,000||$20.91||$418,200.00||37,370|| |
|11/29/2013||Robert Stanzione||CEO||Sell||40,000||$20.45||$818,000.00||96,770|| |
|11/26/2013||Bruce William Mcclelland||Insider||Sell||17,348||$20.00||$346,960.00||5,810|| |
|11/26/2013||David Woodle||Director||Sell||71,960||$20.00||$1,439,200.00||47,800|| |
|11/26/2013||Marc Geraci||Treasurer||Sell||3,000||$20.00||$60,000.00||19,350|| |
|11/20/2013||Lawrence Margolis||EVP||Sell||106,653||$18.95||$2,021,074.35||6,450|| |
|11/19/2013||Bruce William Mcclelland||Insider||Sell||20,000||$18.28||$365,600.00||5,810|| |
|11/19/2013||Marc Geraci||Treasurer||Sell||3,000||$18.50||$55,500.00||19,350|| |
|11/19/2013||Robert Stanzione||CEO||Sell||35,655||$18.45||$657,834.75||96,770|| |
|8/19/2013||Marc Geraci||Treasurer||Sell||2,054||$16.56||$34,014.24||19,350|| |
|8/14/2013||Marc Geraci||Treasurer||Sell||3,000||$16.92||$50,760.00||19,350|| |
|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|| |
ARRIS International (NASDAQ ARRS) News Headlines
ARRIS International (NASDAQ:ARRS) SEC Filings
This page is loading this company's SEC Filings. Please wait...
ARRIS International (NASDAQ:ARRS) Income Statement, Balance Sheet and Cash Flow Statement
ARRIS International (NASDAQ ARRS) Stock Chart for Saturday, February, 17, 2018