Home News Stock in the Spotlight: Arrow Electronics (NYSE: ARW)

Stock in the Spotlight: Arrow Electronics (NYSE: ARW)

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Arrow Electronics is part of the technology sector and trades as part of the computer hardware industry. The company CEO is Michael J. Long. Arrow Electronics Inc is a value-added distributor of electronic components, software, and data center infrastructure hardware. The company primarily sells semiconductors, software, storage, and servers to electronic equipment manufacturers and resellers.

Previous Intraday Trading Performance:

The ARW stock showed a previous change of 0.34% with an open at 79.51 and a close of 79.51. It reached an intraday high of 80.05 and a low of 79.30.

Business Wire:  Arrow Electronics Celebrates the 40th Anniversary of Listing on the New York Stock Exchange

Liquidity:

The stock has a market cap of $6.8b with 84.9m shares outstanding, of which the float is 83.7m shares. Trading volume reached 659,225 shares compared to its average volume of 496,869 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Arrow Electronics shares returned 4.15% and in the past 30 trading days it returned 16.52%. Over three months, it changed 9.10%. In one year it has changed 2.01% and within that year its 52-week high was 83.71 and its 52-week low was 62.69. ARW stock is 26.83% above its 52 Week Low.

Our calculations show a 200 day moving average of 74.55 and a 50 day moving average of 72.90. Currently ARW stock is trading 6.66% above its 200 day moving average.

Business Wire:  Arrow Electronics Celebrates the 40th Anniversary of Listing on the New York Stock Exchange

Earnings:

The last annual fiscal EPS for the company was reported at 8.83 that ended on 31st of December 2018, which according to the previous close, that is a PE of 17.75. Based on 5 analyst estimates, the consensus EPS for the next quarter is 2.56. The TTM EPS is 8.83, which comes to a TTM PE of 9.00. Historically, the PE high was 17.75 and the PE low was 7.90. If the stock reached its PE low, that would represent a price of 69.79, which is a decrease of -12.22%.

The following are the last four quarter reported earnings per share:
12-31-2018:  2.57
09-30-2018:  2.18
06-30-2018:  2.20
03-31-2018:  1.88

Base on our calculations, the intrinsic value per share is 86.96, which means it is possibly undervalued and has a margin of safety of 8.57%

Indicators to Watch:

Based on the latest filings, there is 1.40% of insider ownership and 136.10% of institutional ownership. Short-interest is 2,796,168, which is 3.29% of shares outstanding. The short-interest ratio or days-to-cover ratio is 5.57. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.12

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.94%, return on assets is 4.18%, profit margin is 2.43%, price-to-sales is 0.23 and price-to-book is 1.26.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 4  :Past Performance Score
 3  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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