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 has authorized a stock repurchase 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 often an indication that the company's board believes its stock is undervalued.

Arrow Electronics, Inc. (NYSE:ARW) issued its quarterly earnings data on Thursday, February, 7th. The technology company reported $2.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.56 by $0.01. The technology company earned $7.92 billion during the quarter, compared to analysts' expectations of $7.94 billion. Arrow Electronics had a net margin of 2.41% and a return on equity of 14.88%. The business's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the company posted $2.49 EPS. View Arrow Electronics' Earnings History.

Arrow Electronics is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Arrow Electronics.

Arrow Electronics updated its first quarter earnings guidance on Thursday, February, 7th. The company provided earnings per share (EPS) guidance of $1.84-1.96 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.88. The company issued revenue guidance of $6.775-7.175 billion, compared to the consensus revenue estimate of $7.03 billion.

6 brokers have issued 12-month price objectives for Arrow Electronics' stock. Their predictions range from $73.00 to $98.00. On average, they anticipate Arrow Electronics' share price to reach $82.8883 in the next twelve months. This suggests a possible upside of 8.1% 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 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Arrow Electronics.

Media stories about ARW stock have been trending positive on Sunday, InfoTrie reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 2.1 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Arrow Electronics investors own include Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), NVIDIA (NVDA), Gilead Sciences (GILD), Bank of America (BAC), QUALCOMM (QCOM), Applied Materials (AMAT), Celgene (CELG) and General Electric (GE).

Arrow Electronics' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.93%), Oregon Public Employees Retirement Fund (5.57%), Dimensional Fund Advisors LP (4.08%), Boston Partners (3.67%), Longview Partners Guernsey LTD (3.38%) and LSV Asset Management (2.37%). Company insiders that own Arrow Electronics stock include Andrew Charles Kerin, 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 Boston Partners, Prudential Financial Inc., Assenagon Asset Management S.A., Kiltearn Partners LLP, James Investment Research Inc., LSV Asset Management, PGGM Investments and Bank of America Corp DE. Company insiders that have sold Arrow Electronics company stock in the last year include Andrew Charles Kerin, Charles Kostalnick II, Gail Hamilton, Gretchen Zech, 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 bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, MUFG Securities EMEA plc, MUFG Securities EMEA plc, DNB Asset Management AS, Geode Capital Management LLC, Geode Capital Management LLC and Citigroup Inc.. 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 $76.66.

Arrow Electronics has a market capitalization of $6.51 billion and generates $29.68 billion in revenue each year. The technology company earns $716.19 million in net income (profit) each year or $8.83 on an earnings per share basis. Arrow Electronics employs 20,100 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]