Home News Present Trend: Arrow Electronics (NYSE: ARW)

Present Trend: Arrow Electronics (NYSE: ARW)

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Arrow Electronics trades as part of the technology sector and is 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 -0.93% with an open at 76.38 and a close of 75.95. It reached an intraday high of 76.49 and a low of 75.14.

Business Wire:  Arrow Electronics and Freelancer.com Launch World’s Largest Electronics & Electrical Engineering Services Marketplace, Revolutionizing How Hardware Products Get Designed & Manufactured

Liquidity:

The stock has a market cap of $6.4b with 84.9m shares outstanding, of which the float is 83.7m shares. Trading volume reached 311,940 shares compared to its average volume of 604,605 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 -2.99% and in the past 30 trading days it returned -4.48%. Over three months, it changed 13.51%. In one year it has changed -0.68% and within that year its 52-week high was 83.03 and its 52-week low was 62.69. ARW stock is 21.15% above its 52 Week Low.

Our calculations show a 200 day moving average of 75.16 and a 50 day moving average of 77.73. Currently ARW stock is trading 1.05% above its 200 day moving average and may be a good opportunity to buy.

Business Wire:  Inseego Announces Go-to-Market Collaboration with Arrow Electronics on IoT Device-to-Cloud Solutions

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 9.38. 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 8.60. Historically, the PE high was 19.50 and the PE low was 8.60. ARW stock has set a new PE low record!

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 105.59, which means it is possibly undervalued and has a margin of safety of 28.07%

Indicators to Watch:

Based on the latest filings, there is 1.40% of insider ownership and 140.90% of institutional ownership. Short-interest is 2,308,568, which is 2.72% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.71. 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 1.13

Business Wire:  Inseego Announces Go-to-Market Collaboration with Arrow Electronics on IoT Device-to-Cloud Solutions

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 0.22 and price-to-book is 1.22.

Company Scores:

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