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.
Several price targets were given for ARRS by the analysts covering the stock. The maximum price target given was 40, which equates to a potential upside of 43.68 percent. The minimum price target given was 24, implying a possible loss of -13.79 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of ARRS's earnings is estimated by analysts to be 135.19 percent. It's possible to gain additional insight about growth valuation of a company by looking at the 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.
In the last 52-weeks, ARRS has achieved a high of 31.52 and a low of 24.75. Today's price is 12.48 percent above the 52-week low, and 11.68 percent below the high. 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's next earnings release will be on 0000-00-00, which is days away.