Arrow Electronics, Inc. with ticker code (ARW) have now 6 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 150 and 100 suggesting an average Analsyt target price of $128.67. Given that the stocks previous close was at $119.24 this would imply there is now a potential upside of 7.9%. The 50 day moving average now sits at $120.87 and the 200 moving average now moves to $110.67. The company has a market cap of $6,861m. Company Website: https://www.arrow.com
The potential market cap would be $7,403m based on the market consensus.
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 semiconductor products and related services; passive, electro-mechanical, and interconnect 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 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.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 5.47, revenue per share of 572.57 and a 6.28% return on assets.
