NYSE:ARW - Arrow Electronics Stock Price, News, & Analysis

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

Arrow Electronics declared that its Board of Directors has authorized a stock buyback program on Wednesday, December 12th 2018, which allows the company to repurchase $600,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 9.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Arrow Electronics, Inc. (NYSE:ARW) posted its earnings results on Thursday, November, 1st. The technology company reported $2.18 EPS for the quarter, beating analysts' consensus estimates of $2.16 by $0.02. The technology company earned $7.49 billion during the quarter, compared to analysts' expectations of $7.40 billion. Arrow Electronics had a return on equity of 15.12% and a net margin of 1.84%. The company's revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.82 earnings per share. View Arrow Electronics' Earnings History.

Arrow Electronics is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Arrow Electronics.

Arrow Electronics issued an update on its FY 2018 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $8.80-8.80 for the period, compared to the Thomson Reuters consensus estimate of $8.86. The company issued revenue guidance of $29.66-29.66 billion, compared to the consensus revenue estimate of $29.54 billion.Arrow Electronics also updated its Q4 guidance to $2.46-2.62 EPS.

6 brokerages have issued 12-month price targets for Arrow Electronics' shares. Their forecasts range from $73.00 to $98.00. On average, they expect Arrow Electronics' share price to reach $86.00 in the next year. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Price Targets for Arrow Electronics.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arrow Electronics in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arrow Electronics.

News stories about ARW stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Arrow Electronics earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the next several days.

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

Arrow Electronics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (0.77%), Denali Advisors LLC (0.27%), Louisiana State Employees Retirement System (0.03%), New England Research & Management Inc. (0.01%), State of Alaska Department of Revenue (0.01%) and Meeder Asset Management Inc. (0.01%). Company insiders that own Arrow Electronics stock include Charles Kostalnick II, Gail Hamilton, 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 sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Coastline Trust Co, New England Research & Management Inc., Louisiana State Employees Retirement System and Alpha Windward LLC. Company insiders that have sold Arrow Electronics company stock in the last year include Charles Kostalnick II, Gretchen Zech, Mary Catherine Morris, Matthew R Anderson, Michael J Long and Vincent P Melvin. View Insider Buying and Selling for Arrow Electronics.

ARW stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Meeder Asset Management Inc., Daiwa SB Investments Ltd. and State of Alaska Department of Revenue. 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 $75.31.

Arrow Electronics has a market capitalization of $6.47 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.

The official website for Arrow Electronics is http://www.arrow.com.

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]