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.
Investment analysts gave a few price targets for ARW. The most optimistic price target was 95, implying a possible profit of 13.72 percent. The minimum price target given was 67, implying potential capital losses of -19.8 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.57 percent. The average change in earnings estimates over the last 90 days is 0.88 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.21 percent. If we look at the last 90 days instead, we find a net average change of 1.14 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of ARW's earnings is estimated by analysts to be 22.68 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 market cap of ARW is $7.45 billion. ARW will post this quarters earnings in days, on 0000-00-00.