Arrow Electronics Inc (NYSE: ARW) kicked off on Friday, up 1.46% from the previous trading day, before settling in for the closing price of $114.97. Over the past 52 weeks, ARW has traded in a range of $108.51-$137.80.
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Annual sales at Technology sector company grew by 4.06% over the past five years. While this was happening, its average annual earnings per share was recorded -40.67%. With a float of $52.20 million, this company’s outstanding shares have now reached $52.59 million.
Let’s look at the performance matrix of the company that is accounted for 22100 employees. In terms of profitability, gross margin is 11.78%, operating margin of 3.43%, and the pretax margin is 2.14%.
Arrow Electronics Inc (ARW) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Electronics & Computer Distribution Industry. The insider ownership of Arrow Electronics Inc is 0.73%, while institutional ownership is 104.89%. The most recent insider transaction that took place on May 23 ’24, was worth 200,073. In this transaction Director of this company sold 1,520 shares at a rate of $131.66, taking the stock ownership to the 0 shares. Before that another transaction happened on May 20 ’24, when Company’s Director sold 2,987 for $132.59, making the entire transaction worth $396,046. This insider now owns 102 shares in total.
Arrow Electronics Inc (ARW) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -40.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.99% during the next five years compared to 14.36% growth over the previous five years of trading.
Arrow Electronics Inc (NYSE: ARW) Trading Performance Indicators
Take a look at Arrow Electronics Inc’s (ARW) current performance indicators. Last quarter, stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22. Likewise, its price to free cash flow for the trailing twelve months is 6.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.95, a number that is poised to hit 2.67 in the next quarter and is forecasted to reach 12.44 in one year’s time.
Technical Analysis of Arrow Electronics Inc (ARW)
Arrow Electronics Inc (NYSE: ARW) saw its 5-day average volume 0.4 million, a positive change from its year-to-date volume of 0.39 million. As of the previous 9 days, the stock’s Stochastic %D was 79.01%. Additionally, its Average True Range was 2.56.
During the past 100 days, Arrow Electronics Inc’s (ARW) raw stochastic average was set at 22.50%, which indicates a significant decrease from 98.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.61% in the past 14 days, which was lower than the 30.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $117.00, while its 200-day Moving Average is $125.26. Nevertheless, the first resistance level for the watch stands at $117.16 in the near term. At $117.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $118.61. If the price goes on to break the first support level at $115.71, it is likely to go to the next support level at $114.78. The third support level lies at $114.26 if the price breaches the second support level.
Arrow Electronics Inc (NYSE: ARW) Key Stats
The company with the Market Capitalisation of 6.13 billion has total of 52,590K Shares Outstanding. Its annual sales at the moment are 33,107 M in contrast with the sum of 903,510 K annual income. Company’s last quarter sales were recorded 6,823 M and last quarter income was 100,570 K.
