Analyst Ratings for ARRIS International PLC (ARRS)

Updated: 2017-07-28

ARRIS International PLC (NASDAQ:ARRS) was awarded an average rating of Buy from investment analysts following the stock. About 30 days ago, ARRS was issued an average rating of Buy.

A buy rating was issued by 8 analysts, 1 issued an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for ARRS. The most optimistic price target was 40, implying a possible profit of 43.68 percent. The most pessimistic analyst gave a price target of 24, implying potential capital losses of -13.79 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -5.01 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.2 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1.32 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

ARRS has an estimated earnings growth rate of 135.19 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. ARRS has a PEG ratio of 0.22.

ARRS has traded between a high of 31.52 and a low of 24.75 over the past year. Today's price is 12.48 percent above the 52-week low, and below the high by 11.68 percent. ARRS has a price/earnings ratio of 29.94. Investors typically compare the P/E ratio to a company's peers in the industry. The ARRS value stock report compares ARRS to some of its peers using value stock charts. The stock has a market capitalization of $5.23 billion. ARRS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.