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NYSE:ARW

Arrow Electronics (ARW) Stock Price, News & Analysis

$122.69
+2.47 (+2.05%)
(As of 07/26/2024 ET)
Today's Range
$121.70
$123.30
50-Day Range
$117.26
$133.64
52-Week Range
$108.51
$143.41
Volume
230,407 shs
Average Volume
500,021 shs
Market Capitalization
$6.53 billion
P/E Ratio
9.65
Dividend Yield
N/A
Price Target
$134.67

Arrow Electronics MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.8% Upside
$134.67 Price Target
Short Interest
Healthy
3.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.29
Upright™ Environmental Score
News Sentiment
1.23mentions of Arrow Electronics in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$788,183 Sold Last Quarter
Proj. Earnings Growth
39.46%
From $10.34 to $14.42 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.66 out of 5 stars

Computer And Technology Sector

234th out of 612 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

3rd out of 7 stocks

ARW stock logo

About Arrow Electronics Stock (NYSE:ARW)

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes electronic components comprising semiconductor products and related services; interconnect, passive, and electromechanical products, including capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, such as datacenter, cloud, security, and analytics solutions. This segment also provides access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.

ARW Stock Price History

ARW Stock News Headlines

Arrow Electronics (ARW) to Release Quarterly Earnings on Thursday
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic parts & equipment, not elsewhere classified
Sub-Industry
Technology Distributors
CUSIP
04273510
CIK
7536
Employees
22,100
Year Founded
1935

Price Target and Rating

Average Stock Price Target
$134.67
High Stock Price Target
$148.00
Low Stock Price Target
$124.00
Potential Upside/Downside
+9.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$903.51 million
Pretax Margin
2.93%

Debt

Sales & Book Value

Annual Sales
$33.11 billion
Cash Flow
$22.55 per share
Book Value
$108.52 per share

Miscellaneous

Free Float
52,698,000
Market Cap
$6.53 billion
Optionable
Optionable
Beta
1.27

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ARW Stock Analysis - Frequently Asked Questions

How have ARW shares performed this year?

Arrow Electronics' stock was trading at $122.25 on January 1st, 2024. Since then, ARW shares have increased by 0.4% and is now trading at $122.69.
View the best growth stocks for 2024 here
.

How were Arrow Electronics' earnings last quarter?

Arrow Electronics, Inc. (NYSE:ARW) issued its earnings results on Tuesday, May, 7th. The technology company reported $2.41 EPS for the quarter, topping the consensus estimate of $2.37 by $0.04. Arrow Electronics's revenue for the quarter was down 20.7% compared to the same quarter last year.

How will Arrow Electronics' stock buyback program work?

Arrow Electronics' Board of Directors initiated a share buyback plan on Thursday, September 15th 2022, which allows the company to buy back $600,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 9.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

What is Mike Long's approval rating as Arrow Electronics' CEO?

587 employees have rated Arrow Electronics Chief Executive Officer Mike Long on Glassdoor.com. Mike Long has an approval rating of 53% among the company's employees. This puts Mike Long in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Does Arrow Electronics have any subsidiaries?

The following companies are subsidiaries of Arrow Electronics: eInfochips, UBM Tech Electronics Network, Arrow ECS Australia, ATM Electronic, immixGroup, United Technical Publishing Division - Hearst Business Media, RDC Aqualines, and more.

Who are Arrow Electronics' major shareholders?

Top institutional investors of Arrow Electronics include Greenhaven Associates Inc. (3.54%), Lind Value II ApS (1.12%), Bank of New York Mellon Corp (1.07%) and Assenagon Asset Management S.A. (1.05%). Insiders that own company stock include Michael J Long, Gretchen Zech, Vincent P Melvin, Carine Lamercie Jean-Claude, Kristin Diana Russell, David Alan West, Richard John Marano, Yun Sung Cho, Gail Hamilton, Sean J Kerins, Christopher Stansbury, Charles Kostalnick II and Andrew Charles Kerin.
View institutional ownership trends
.

How do I buy shares of Arrow Electronics?

Shares of ARW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Arrow Electronics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Arrow Electronics investors own include Intel (INTC), Gilead Sciences (GILD), Micron Technology (MU), Bank of America (BAC), NVIDIA (NVDA), Alibaba Group (BABA) and UnitedHealth Group (UNH).

This page (NYSE:ARW) was last updated on 7/26/2024 by MarketBeat.com Staff

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