NYSE:ARW - Arrow Electronics Stock Price, Price Target & More

Arrow Electronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARW."

Arrow Electronics, Inc. (NYSE:ARW) announced its quarterly earnings results on Thursday, May, 3rd. The technology company reported $1.88 EPS for the quarter, topping analysts' consensus estimates of $1.82 by $0.06. The technology company earned $6.88 billion during the quarter, compared to analyst estimates of $6.66 billion. Arrow Electronics had a return on equity of 14.41% and a net margin of 1.53%. The firm's revenue was up 19.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.46 earnings per share. View Arrow Electronics' Earnings History.

Arrow Electronics is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Arrow Electronics.

Arrow Electronics issued an update on its second quarter earnings guidance on Thursday, May, 3rd. The company provided earnings per share guidance of $2.08-2.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.04. The company issued revenue guidance of $7.0-7.4 billion, compared to the consensus revenue estimate of $7.11 billion.

4 analysts have issued 1-year target prices for Arrow Electronics' stock. Their forecasts range from $77.00 to $98.00. On average, they expect Arrow Electronics' share price to reach $88.25 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price. View Analyst Ratings for Arrow Electronics.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arrow Electronics in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Arrow Electronics include Avnet (AVT), Ituran Location and Control Ltd. (US) (ITRN), TESSCO Technologies (TESS), VOXX International (VOXX), Richardson Electronics (RELL), RADA Electronic Ind. (RADA), CUI Global (CUI), EACO (EACO), Cool (IFON), Taitron Components (TAIT) and Surge Components (SPRS).

Press coverage about ARW stock has trended positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Arrow Electronics earned a media sentiment score of 0.43 on Accern's scale. They also gave media stories about the technology company an impact score of 45.66 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Arrow Electronics' stock is owned by many different of retail and institutional investors. Top institutional shareholders include DnB Asset Management AS (0.51%), Denali Advisors LLC (0.31%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%), Xact Kapitalforvaltning AB (0.03%), New England Research & Management Inc. (0.02%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Arrow Electronics stock include Gail Hamilton, Gregory Tarpinian, Gretchen Zech, Mary Catherine Morris, Matthew R Anderson, Michael J Long, Sean J Kerins and Vincent P Melvin. View Institutional Ownership Trends for Arrow Electronics.

ARW stock was bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC, DnB Asset Management AS, New England Research & Management Inc., Xact Kapitalforvaltning AB, Fjarde AP Fonden Fourth Swedish National Pension Fund, State of Alaska Department of Revenue and IFM Investors Pty Ltd. View Insider Buying and Selling for Arrow Electronics.

Shares of ARW 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.

One share of ARW stock can currently be purchased for approximately $77.54.

Arrow Electronics has a market capitalization of $6.79 billion and generates $26.81 billion in revenue each year. The technology company earns $401.96 million in net income (profit) each year or $7.56 on an earnings per share basis. Arrow Electronics employs 18,800 workers across the globe.

Arrow Electronics' mailing address is 9201 East Dry Creek Road, Centennial CO, 80112. The technology company can be reached via phone at 303-824-4000 or via email at [email protected]