News headlines about Arrow Electronics (NYSE: ARW) have had some positive results this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a positive scale of negative one to positive one, with scores closest to one being the most favorable. Arrow Electronics earned a coverage optimism score of 0.18 on Accern’s scale. Accelerated by the company of an impact of 46.4721532598536 out of 100, meaning that recent news coverage is unlikely to have an effect on the future.
These are some of the stories that may have impacted Accern’s scoring:
Arrow Electronics ( NYSE ARW traded up $ 0.38 during trading hours on Friday, reaching $ 83.67. 359,618 shares of the company, compared to its average volume of 391,916. The company has a market capitalization of $ 7,327.27, a PE ratio of 14.73, a P / E / G ratio of 0.88 and a beta of 1.18. Arrow Electronics has a low month of $ 68.55 and a high month of $ 84.60. The company has a current ratio of 1.58, a quick ratio of 1.13 and a debt-to-equity ratio of 0.57.
Arrow Electronics (NYSE: ARW) last released its quarterly earnings on Thursday, November 2nd. The technology company reported $ 1.82 per share for the quarter, meeting the consensus estimate of $ 1.82. The business had revenue of $ 6.95 billion for the quarter, compared to analysts’ expectations of $ 6.58 billion. Arrow Electronics had a net margin of 2.00% and a return on equity of 13.63%. The firm’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the previous year, the business posted $ 1.56 earnings per share. analysts predict that Arrow Electronics will post 7.35 earnings per share for the current fiscal year.
separately, Zacks Investment Research Cut shares of Arrow Electronics from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd.
In other Arrow Electronics news, insider Sean Kerins sold 3,816 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $ 78.87, for a total transaction of $ 300,967.92. Following the completion of the transaction, the insider now owns 25,552 shares of the company’s stock, valued at $ 2,015,286.24. The sale has been disclosed in the Securities and Exchange Commission, which is accessible through this link . Also, Director Gail Hamilton sold 4,800 shares of the firm’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $ 78.33, for a total value of $ 375,984.00. Following the transaction, the director now directly owns 91 shares of the company’s stock, valued at approximately $ 7,128.03. The disclosure for this sale can be found here . In the last quarter, insiders sold 10,032 shares of company stock worth $ 788,816. 1.20% of the stock is currently owned by the company insiders.
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Arrow Electronics Company Profile
Arrow Electronics, Inc. is a provider of products, services and solutions for industrial and commercial users of electronic components and enterprise computing solutions. The Company has a portfolio of product offerings from various electronic components and enterprise computing solutions suppliers.
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