Arrow Electronics (ARW) Stock Price, News & Analysis

Company Overview

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes electronic components comprising semiconductor products and related services; interconnect, passive, and electromechanical products, including capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, such as datacenter, cloud, security, and analytics solutions. This segment also provides access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.

Key Stats

• Today's Range: $116.95 to $119.32
• 50-Day Range: $113.72 to $137.14
• 52-Week Range: $108.51 to $137.80
• Volume: 519,831 shs
• Average Volume: 464,205 shs
• Market Capitalization: $6.27 billion
• P/E Ratio: 13.31
• Dividend Yield: N/A
• Price Target: $124.25
• Consensus Rating: Hold

Arrow Electronics Stock Analysis - MarketRank™

Arrow Electronics scored higher than 56% of companies evaluated by MarketBeat, and ranked 359th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Arrow Electronics has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Arrow Electronics has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 25.27%

Earnings Growth

Earnings for Arrow Electronics are expected to grow by 25.27% in the coming year, from $10.29 to $12.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Arrow Electronics is 13.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Arrow Electronics is 13.31, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 249.93.

Price to Book Value per Share Ratio

Arrow Electronics has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.08% of the float of Arrow Electronics has been sold short.

Short Interest Ratio / Days to Cover

Arrow Electronics has a short interest ratio ("days to cover") of 7.1.

Change versus previous month

Short interest in Arrow Electronics has recently increased by 7.72%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Arrow Electronics does not currently pay a dividend.

Dividend Growth

Arrow Electronics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 1.1 / 5
• Environmental Score: -1.29

Percentage of Shares Shorted

5.08% of the float of Arrow Electronics has been sold short.

Short Interest Ratio / Days to Cover

Arrow Electronics has a short interest ratio ("days to cover") of 7.1.

Change versus previous month

Short interest in Arrow Electronics has recently increased by 7.72%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.32

News Sentiment

Arrow Electronics has a news sentiment score of 1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Arrow Electronics this week, compared to 5 articles on an average week.

MarketBeat Follows

1 people have added Arrow Electronics to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Arrow Electronics insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Arrow Electronics is held by insiders.

Percentage Held by Institutions

99.34% of the stock of Arrow Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ARW Stock Analysis - Frequently Asked Questions

How have ARW shares performed this year?

Arrow Electronics' stock was trading at $122.25 at the start of the year. Since then, ARW shares have decreased by 2.5% and is now trading at $119.2450.
View the best growth stocks for 2024 here.

How were Arrow Electronics' earnings last quarter?

Arrow Electronics, Inc. (NYSE:ARW) posted its quarterly earnings data on Thursday, October, 31st. The technology company reported $2.38 EPS for the quarter, beating analysts' consensus estimates of $2.23 by $0.15. Arrow Electronics's quarterly revenue was down 14.8% on a year-over-year basis.

Does Arrow Electronics have any subsidiaries?

Arrow Electronics subsidiaries include these companies: eInfochips, UBM Tech Electronics Network, Arrow ECS Australia, ATM Electronic, immixGroup, United Technical Publishing Division - Hearst Business Media, RDC Aqualines, and more.

Who are Arrow Electronics' major shareholders?

Top institutional shareholders of Arrow Electronics include Pacer Advisors Inc. (3.98%), Greenhaven Associates Inc. (3.54%), State Street Corp (3.21%) and Geode Capital Management LLC (1.76%). Insiders that own company stock include Michael J Long, Gretchen Zech, Vincent P Melvin, Carine Lamercie Jean-Claude, Kristin Diana Russell, David Alan West, Richard John Marano, Yun Sung Cho, Gail Hamilton, Sean J Kerins, Christopher Stansbury and Andrew Charles Kerin.
View institutional ownership trends.

How do I buy shares of Arrow Electronics?

Shares of ARW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Arrow Electronics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Arrow Electronics investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Home Depot (HD).

Company Calendar

• Last Earnings: 10/31/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/13/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Electronic parts & equipment, not elsewhere classified
• Sub-Industry: Technology Distributors
• Current Symbol: NYSE:ARW
• CUSIP: 04273510
• CIK: 7536
• Web: www.arrow.com
• Phone: (303) 824-4000
• Fax: 631-847-2222
• Employees: 22,100
• Year Founded: 1935

Price Target and Rating

• Average Stock Price Target: $124.25
• High Stock Price Target: $135.00
• Low Stock Price Target: $110.00
• Potential Upside/Downside: +4.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.96
• Trailing P/E Ratio: 13.31
• Forward P/E Ratio: 11.59
• P/E Growth: N/A
• Net Income: $903.51 million
• Net Margins: 1.71%
• Pretax Margin: 2.14%
• Return on Equity: 10.71%
• Return on Assets: 3.03%

Debt

• Debt-to-Equity Ratio: 0.39
• Current Ratio: 1.46
• Quick Ratio: 1.09

Sales & Book Value

• Annual Sales: $33.11 billion
• Price / Sales: 0.19
• Cash Flow: $23.20 per share
• Price / Cash Flow: 5.14
• Book Value: $114.78 per share
• Price / Book: 1.04

Miscellaneous

• Outstanding Shares: 52,590,000
• Free Float: 52,064,000
• Market Cap: $6.27 billion
• Optionable: Optionable
• Beta: 1.27