NYSE:ARWArrow Electronics Stock Price, Forecast & News

$76.62

+2.83 (+3.84 %)

(As of 06/5/2020 02:10 PM ET)

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Today's Range

$76.35

Now: $76.62▼

$77.22

50-Day Range

$50.87

MA: $62.19▼

$73.53

52-Week Range

$39.25

Now: $76.62▼

$85.80

Volume16,223 shs

Average Volume700,018 shs

Market Capitalization$6.05 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.48

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products consisting primarily of 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, including data-center, cloud, security, and analytics solutions. This segment 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.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
Arrow Electronics has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $74.13, Arrow Electronics has a potential downside of 3.3% from its current price of $76.62.
Amount of Analyst Coverage
Arrow Electronics has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Arrow Electronics has received 409 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Arrow Electronics has received 334 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Arrow Electronics has received 55.05% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Arrow Electronics and other stocks. Vote “Outperform” if you believe ARW will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ARW will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Arrow Electronics does not currently pay a dividend.
Dividend Growth
Arrow Electronics does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Arrow Electronics insiders have sold 4,582.50% more of their company's stock than they have bought. Specifically, they have bought $24,975.00 in company stock and sold $1,169,454.00 in company stock.
Percentage Held by Insiders
Only 1.60% of the stock of Arrow Electronics is held by insiders.
Percentage Held by Institutions
93.46% of the stock of Arrow Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Arrow Electronics are expected to grow by 26.13% in the coming year, from $5.97 to $7.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Arrow Electronics is -22.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Arrow Electronics is -22.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Arrow Electronics has a PEG Ratio of 1.59. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Arrow Electronics has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.43 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electronic parts & equipment, not elsewhere classified

Sub-IndustryTechnology Distributors

SectorComputer and Technology

Current SymbolNYSE:ARW

Previous Symbol

CUSIP04273510

CIK7536

Webwww.arrow.com

Phone303-824-4000

Debt

Debt-to-Equity Ratio0.48

Current Ratio1.46

Quick Ratio1.04

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio12.83

P/E Growth1.59

Sales & Book Value

Annual Sales$28.92 billion

Price / Sales0.21

Cash Flow$11.10 per share

Price / Cash Flow6.90

Book Value$59.75 per share

Price / Book1.28

Profitability

EPS (Most Recent Fiscal Year)$7.55

Net Income$-204,090,000.00

Net Margins-1.05%

Return on Equity11.57%

Return on Assets3.48%

Miscellaneous

Employees19,300

Outstanding Shares78,900,000

Market Cap$6.05 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Arrow Electronics (NYSE:ARW) Frequently Asked Questions

How has Arrow Electronics' stock been impacted by COVID-19 (Coronavirus)?

Arrow Electronics' stock was trading at $58.17 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ARW stock has increased by 31.7% and is now trading at $76.62. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Arrow Electronics?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arrow Electronics in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Arrow Electronics.

When is Arrow Electronics' next earnings date?

Arrow Electronics is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Arrow Electronics.

How were Arrow Electronics' earnings last quarter?

Arrow Electronics, Inc. (NYSE:ARW) released its quarterly earnings data on Thursday, April, 30th. The technology company reported $0.97 EPS for the quarter, missing the Zacks' consensus estimate of $1.09 by $0.12. The technology company earned $6.38 billion during the quarter, compared to analyst estimates of $6.07 billion. Arrow Electronics had a positive return on equity of 11.57% and a negative net margin of 1.05%. The business's quarterly revenue was down 10.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.90 earnings per share. View Arrow Electronics' earnings history.

How will Arrow Electronics' stock buyback program work?

Arrow Electronics announced that its Board of Directors has approved a share buyback program on Wednesday, December 12th 2018, which permits the company to buyback $600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

What guidance has Arrow Electronics issued on next quarter's earnings?

Arrow Electronics issued an update on its second quarter earnings guidance on Thursday, April, 30th. The company provided EPS guidance of $1.38-1.54 for the period, compared to the Thomson Reuters consensus estimate of $1.18. The company issued revenue guidance of $6.075-6.675 billion, compared to the consensus revenue estimate of $6.13 billion.

What price target have analysts set for ARW?

9 brokerages have issued 1 year price objectives for Arrow Electronics' shares. Their forecasts range from $65.00 to $87.00. On average, they anticipate Arrow Electronics' stock price to reach $74.13 in the next twelve months. This suggests that the stock has a possible downside of 3.3%. View analysts' price targets for Arrow Electronics.

Has Arrow Electronics been receiving favorable news coverage?

News headlines about ARW stock have been trending extremely negative this week, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Arrow Electronics earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutArrow Electronics.

Are investors shorting Arrow Electronics?

Arrow Electronics saw a increase in short interest in April. As of April 30th, there was short interest totaling 1,340,000 shares, an increase of 7.2% from the April 15th total of 1,250,000 shares. Based on an average daily volume of 720,200 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.7% of the company's shares are short sold. View Arrow Electronics' Current Options Chain.

Who are some of Arrow Electronics' key competitors?

Some companies that are related to Arrow Electronics include SYNNEX (SNX), Tech Data (TECD), Anixter International (AXE), Avnet (AVT), Insight Enterprises (NSIT), PC Connection (CNXN), ScanSource (SCSC), Agilysys (AGYS) and Richardson Electronics (RELL). View all competitors.

What other stocks do shareholders of Arrow Electronics own?

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

Who are Arrow Electronics' key executives?

Arrow Electronics' management team includes the following people:

Mr. Michael J. Long, Chairman, Pres & CEO (Age 60)
Mr. Christopher David Stansbury, Sr. VP & CFO (Age 54)
Ms. Mary Catherine Morris, Sr. VP & Chief Strategy Officer (Age 60)
Mr. Sean J. Kerins, Pres of Global Enterprise Computing Solutions (Age 56)
Mr. Andrew D. King, Pres of Global Components (Age 55)

What is Arrow Electronics' stock symbol?

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

Who are Arrow Electronics' major shareholders?

Arrow Electronics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.76%), Longview Partners Guernsey LTD (4.65%), State Street Corp (4.57%), AQR Capital Management LLC (4.34%), JPMorgan Chase & Co. (3.97%) and DNB Asset Management AS (3.13%). Company insiders that own Arrow Electronics stock include Andrew Charles Kerin, Charles Kostalnick II, Christopher Stansbury, Gail Hamilton, Gretchen Zech, Mary Catherine Morris, Michael J Long, Sean J Kerins and Vincent P Melvin. View institutional ownership trends for Arrow Electronics.

Which institutional investors are selling Arrow Electronics stock?

ARW stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, JPMorgan Chase & Co., Lyrical Asset Management LP, BlackRock Inc., Wells Fargo & Company MN, Schroder Investment Management Group, Principal Financial Group Inc., and UBS Group AG. Company insiders that have sold Arrow Electronics company stock in the last year include Charles Kostalnick II, Christopher Stansbury, Gail Hamilton, Gretchen Zech, Mary Catherine Morris, Michael J Long, and Vincent P Melvin. View insider buying and selling activity for Arrow Electronics.

Which institutional investors are buying Arrow Electronics stock?

ARW stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, FDx Advisors Inc., FDx Advisors Inc., AQR Capital Management LLC, Janus Henderson Group PLC, Sumitomo Mitsui Trust Holdings Inc., AJO LP, and Fiduciary Management Inc. WI. View insider buying and selling activity for Arrow Electronics.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Arrow Electronics' stock price today?

One share of ARW stock can currently be purchased for approximately $76.62.

How big of a company is Arrow Electronics?

Arrow Electronics has a market capitalization of $6.05 billion and generates $28.92 billion in revenue each year. The technology company earns $-204,090,000.00 in net income (profit) each year or $7.55 on an earnings per share basis. Arrow Electronics employs 19,300 workers across the globe.

What is Arrow Electronics' official website?

The official website for Arrow Electronics is www.arrow.com.

How can I contact Arrow Electronics?

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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff