Analyst Ratings for Arrow Electronics Inc. (ARW)Updated: 2017-07-26
Arrow Electronics Inc. (NYSE:ARW) was awarded an average rating of Overweight from investment analysts following the stock. Last month, ARW received an average rating of Overweight.
Of the 11 analysts covering the stock, 5 gave it a buy rating, 0 issued an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
ARW was given price targets by several analysts. The maximum price target given was 95, implying a possible profit of 13.72 percent. The most pessimistic price target was 67, which equates to a potential downside of -19.8 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.57 percent. The average change in earnings estimates over the last 90 days is 0.88 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.21 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.14 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
ARW has an estimated earnings growth rate of 22.68 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. ARW has a PEG ratio of 0.64.
In the last 52-weeks, ARW has achieved a high of 84.21 and a low of 58.52. Today's price is 42.75 percent above the 52-week low, and below the high by 0.8 percent. ARW has a price/earnings ratio of 14.44. Investors typically compare the P/E ratio to a company's peers in the industry. The ARW value stock report compares ARW to some of its peers using value stock charts. The stock has a market capitalization of $7.45 billion. ARW's next earnings release will be on 0000-00-00, which is days away.