Arrow Electronics (ARW) Set to Announce Earnings on Wednesday
Arrow Electronics (NYSE:ARW) is scheduled to release its earnings data on Wednesday, February 5th. Parties interested in participating in the company’s conference call can do so using this link.
Arrow Electronics (NYSE:ARW) opened at 48.82 on Tuesday. Arrow Electronics has a 52 week low of $36.11 and a 52 week high of $54.77. The stock has a 50-day moving average of $52.83 and a 200-day moving average of $49.50. The company has a market cap of $4.918 billion and a P/E ratio of 12.33.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Arrow Electronics in a research note to investors on Friday, January 3rd. They now have a $55.00 price target on the stock. On the ratings front, analysts at Ned Davis Research upgraded shares of Arrow Electronics from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 30th. Finally, analysts at Stifel Nicolaus raised their price target on shares of Arrow Electronics from $55.00 to $58.00 in a research note to investors on Wednesday, November 13th. They now have a “buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $53.14.
Arrow Electronics, Inc (NYSE:ARW) is a provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions.
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