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 most optimistic analyst gave a price target of 95, implying potential capital gains of 13.72 percent. The most pessimistic price target was 67, implying a possible loss of -19.8 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 0.57 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.88 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.21 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.14 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
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. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ARW is 0.64.
ARW has a 52-week high of 84.21 and a 52-week low of 58.52. Currently the stock is 42.75 percent higher than its low, and 0.8 percent lower than its 52-week high. ARW has a P/E 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's next earnings release will be on 0000-00-00, which is days away.