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

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$30.69 -0.12 (-0.39 %)
(As of 12/16/2018 12:26 PM ET)
Previous Close$30.69
Today's Range$30.68 - $30.84
52-Week Range$21.55 - $31.06
Volume2.56 million shs
Average Volume4.59 million shs
Market Capitalization$5.32 billion
P/E Ratio12.63
Dividend YieldN/A
Beta1.16
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

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

Debt

Debt-to-Equity Ratio0.70
Current Ratio1.54
Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio12.63
Forward P/E Ratio11.49
P/E Growth1.77

Sales & Book Value

Annual Sales$6.61 billion
Price / Sales0.80
Cash Flow$5.3189 per share
Price / Cash Flow5.77
Book Value$17.02 per share
Price / Book1.80

Profitability

EPS (Most Recent Fiscal Year)$2.43
Net Income$92.02 million
Net Margins1.24%
Return on Equity16.14%
Return on Assets6.77%

Miscellaneous

Employees8,700
Outstanding Shares173,330,000
Market Cap$5.32 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 declared that its board has approved a stock buyback program on Saturday, March 24th 2018, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 5.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

How were ARRIS International's earnings last quarter?

ARRIS International plc (NASDAQ:ARRS) issued its quarterly earnings results on Thursday, November, 8th. The communications equipment provider reported $0.68 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.01. The communications equipment provider had revenue of $1.65 billion for the quarter, compared to analysts' expectations of $1.71 billion. ARRIS International had a return on equity of 16.14% and a net margin of 1.24%. The company's revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.80 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, February 13th 2019. View Earnings Estimates for ARRIS International.

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

ARRIS International updated its fourth quarter earnings guidance on Thursday, November, 8th. The company provided earnings per share (EPS) guidance of $0.68 for the period, compared to the Thomson Reuters consensus earnings per share 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?

10 equities research analysts have issued twelve-month price targets for ARRIS International's stock. Their forecasts range from $23.00 to $35.00. On average, they expect ARRIS International's share price to reach $30.2788 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for ARRIS International.

What is the consensus analysts' recommendation for ARRIS International?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARRIS International in the last year. There are currently 9 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 recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ARRIS International earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave news headlines about the communications equipment provider a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the stock's share price in the next few days.

Are investors shorting ARRIS International?

ARRIS International saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 13,536,618 shares, an increase of 89.9% from the November 15th total of 7,128,193 shares. Based on an average trading volume of 5,391,902 shares, the days-to-cover ratio is presently 2.5 days. Approximately 8.3% of the company's stock are sold short. 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 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)
  • Ms. Karen K. Renner, Chief Information Officer (Age 56)

Who are ARRIS International's major shareholders?

ARRIS International's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Lyrical Asset Management LP (3.27%), Strs Ohio (2.78%), Neuberger Berman Group LLC (2.26%), Bank of New York Mellon Corp (1.08%), Glenmede Trust Co. NA (0.99%) and First Pacific Advisors LP (0.91%). 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 Panagora Asset Management Inc., Canada Pension Plan Investment Board, Teachers Advisors LLC, First Pacific Advisors LP, Meeder Asset Management Inc., Channing Capital Management LLC, Bank of New York Mellon Corp and Hallmark Capital Management 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 purchased by a variety of institutional investors in the last quarter, including Glenmede Trust Co. NA, Nordea Investment Management AB, Strs Ohio, Marshall Wace LLP, Neuberger Berman Group LLC, TIAA CREF Investment Management LLC, Russell Investments Group Ltd. and Ancora Advisors 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 $30.69.

How big of a company is ARRIS International?

ARRIS International has a market capitalization of $5.32 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:  517 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  915
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 12/16/2018 by MarketBeat.com Staff

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