Arrow Electronics Inc (ARW) went down -4.52% yesterday: Is this the Most Sought-After Stock Today?

As on Thursday, Arrow Electronics Inc (NYSE: ARW) started slowly as it slid -4.52% to $109.72, before settling in for the price of $114.91 at the close. Taking a more long-term approach, ARW posted a 52-week range of $108.51-$137.80.

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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 4.06%. Meanwhile, its Annual Earning per share during the time was 14.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 13.86%. This publicly-traded company’s shares outstanding now amounts to $52.59 million, simultaneously with a float of $52.20 million. The organization now has a market capitalization sitting at $5.77 billion. At the time of writing, stock’s 50-day Moving Average stood at $116.78, while the 200-day Moving Average is $124.67.

Arrow Electronics Inc (ARW) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Electronics & Computer Distribution industry. Arrow Electronics Inc’s current insider ownership accounts for 0.73%, in contrast to 104.16% institutional ownership. According to the most recent insider trade that took place on May 23 ’24, this organization’s Director sold 1,520 shares at the rate of 131.66, making the entire transaction reach 200,073 in total value, affecting insider ownership by 0. Preceding that transaction, on May 20 ’24, Company’s Director sold 2,987 for 132.59, making the whole transaction’s value amount to 396,046. This particular insider is now the holder of 102 in total.

Arrow Electronics Inc (ARW) Earnings and Revenue Records

Arrow Electronics Inc’s EPS increase for this current 12-month fiscal period is 13.86% and is forecasted to reach 17.41 in the upcoming year.

Arrow Electronics Inc (NYSE: ARW) Trading Performance Indicators

Let’s observe the current performance indicators for Arrow Electronics Inc (ARW). It’s Quick Ratio in the last reported quarter now stands at 1.09. The Stock has managed to achieve an average true range (ATR) of 3.11. Alongside those numbers, its PE Ratio stands at $12.26, and its Beta score is 1.25. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.20. Similarly, its price to free cash flow for trailing twelve months is now 5.80.

In the same vein, ARW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.95, a figure that is expected to reach 1.85 in the next quarter, and analysts are predicting that it will be 17.41 at the market close of one year from today.

Technical Analysis of Arrow Electronics Inc (ARW)

Through scrutinizing the latest numbers posted by the [Arrow Electronics Inc, ARW], it can be observed that its last 5-days Average volume of 0.71 million was better the volume of 0.48 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 30.98% While, its Average True Range was 3.37.

Raw Stochastic average of Arrow Electronics Inc (ARW) in the period of the previous 100 days is set at 14.39%, which indicates a major fall in contrast to 26.05% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 27.69% that was lower than 30.74% volatility it exhibited in the past 100-days period.