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) issued its quarterly earnings results on Thursday, May, 3rd. The technology company reported $1.88 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.82 by $0.06. The technology company had revenue of $6.88 billion for the quarter, compared to analysts' expectations 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 for the quarter was up 19.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.46 EPS. 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 updated its second quarter earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $2.08-2.20 for the period, compared to the Thomson Reuters consensus EPS 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.

5 brokers have issued 1 year target prices for Arrow Electronics' stock. Their forecasts range from $77.00 to $98.00. On average, they anticipate Arrow Electronics' stock price to reach $88.60 in the next year. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Ratings for Arrow Electronics.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arrow Electronics in the last year. There are currently 1 hold rating, 3 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).

News coverage about ARW stock has trended somewhat positive on Wednesday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Arrow Electronics earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news headlines about the technology company an impact score of 46.50 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Arrow Electronics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.75%), DnB Asset Management AS (0.51%), Denali Advisors LLC (0.31%), Bank of Montreal Can (0.09%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%) and Xact Kapitalforvaltning AB (0.03%). 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 sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. Company insiders that have sold Arrow Electronics company stock in the last year include Gail Hamilton, Mary Catherine Morris, Matthew R Anderson, Michael J Long, Sean J Kerins 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 Assenagon Asset Management S.A., Denali Advisors LLC, DnB Asset Management AS, New England Research & Management Inc., Fox Run Management L.L.C., Xact Kapitalforvaltning AB, Fjarde AP Fonden Fourth Swedish National Pension Fund 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 $77.73.

Arrow Electronics has a market capitalization of $6.75 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]