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Saturday, December 9, 2023

The Question Is Whether To Buy Or Not To Buy Arrow Electronics Inc. (NYSE: ARW)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Arrow Electronics Inc. (ARW) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.00, or -0.80%, to $123.99. The Arrow Electronics Inc. has recorded 13,020 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Arrow Electronics to Participate in Upcoming Investor Events.

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Stocks Info

Arrow Electronics Inc. is listed on the NYSE as a member of the Technology sector and is a part of the Electronics & Computer Distribution industry. At the end of the last regular session, the stock closed at $124.99 and fluctuated between $125.02 as its day high and $121.78 as its day low. The current market capitalization of Arrow Electronics Inc. is $6.77B. A total of 0.57 million shares were traded on the day, compared to an average of 429.46K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, ARW has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 4,414 shares. Over the last 12 months, there were 20 BUYs and 48 SELLs from insiders. Insiders purchased 184,521 shares during that period but sold 133,363.

In the most recent transaction, HAMILTON GAIL sold 1,419 shares of ARW for 127.81 per share on May 30. After the transaction, the Director now owns 101 company shares. In a previous transaction on May 25, Schell Kirk sold 4,130 shares at 126.03 per share. ARW shares that President, Global Components owns now total 19,549.

Among the insiders who sold shares, Zech Gretchen disposed of 4,000 shares on May 25 at a per-share price of $126.26. This resulted in the SVP, Chief Gov, Sust, HR Offr holding 27,925 shares of ARW after the transaction. In another insider transaction, Kerin Andrew Charles sold 1,419 shares at $123.09 per share on May 19. Company shares held by the Director now total 0.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for ARW in the last 3 months, the mean price target is $128.67 with high estimates of $150.00 and low estimates of $100.00. In terms of 52-week highs and lows, ARW has a high of $147.42 and a low of $101.01.

As of this writing, ARW has an earnings estimate of $3.72 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $3.87 per share and a lower estimate of $3.66. The company reported an EPS of $4.37 in the last quarter, which was 0.70% higher than expectations of $4.34.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ARW’s latest balance sheet shows that the firm has $222.19M in Cash & Short Term Investments as of fiscal 2021. There were $2.63B in debt and $11.33B in liabilities at the time. Its Book Value Per Share was $101.29, while its Total Shareholder’s Equity was $5.34B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARW is Buy with a score of 2.83.

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