Arrow Electronics Inc. (NYSE:ARW) went up by 1.95% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Electronics & Computer Distribution giant went up by $67.53 to trade ended Monday trading at $66.24. This is up from the $66.24 price recorded on Friday’s trading session. Thanks to this latest performance, ARW is closer to the higher price 52-week target of $88.00 and further from the lowest price target of $65.00. Its performance from the start of the year has also been negative, with ARW down by -20.31% year-to-date.
Arrow Electronics Inc. (ARW) started the day trading at $65.82 and recorded an intraday high of $67.56. It also recorded an intraday low of $64.885 during Monday’s trading session. Arrow Electronics Inc. is a very active stock that recorded a trading volume that is less than -9.27% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 674140, which is less than -9.27 of the total average daily trading volume of 736.62K.
Arrow Electronics Inc. (NYSE:ARW) 2020 Performance Impressive
The increase in ARW’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of ARW currently stands at $85.80, which is higher than the current trading price of the stock by 21.29%. However, ARW’s current trading price is -72.05% lower than the 52-week low price of $39.25. In terms of trading volume, Arrow Electronics Inc. currently experienced healthy participation during the last trading session. 674140 shares of Arrow Electronics Inc. were traded on the stock exchange on Monday, which is less than -9.27% of the 736.62K average trading volume of the stock.
The performance of the stock has been positive over the past year. ARW’s performance over the past one year has seen it plunge by -3.18%, while the stock has gone down by -20.02% in the last six months. The quarterly performance of ARW currently stands at 48.58%, and it is up by 0.51% in the last month. The only positive figure was from the weekly performance, which currently reads 1.44%. At the time of writing ARW’s report, the company has a total market cap of $5.28B, making it one of the largest publicly-traded companies in the world.Arrow Electronics Inc. also has over 19300 employees all over the world.
ARW Insider Activities
For Arrow Electronics Inc., insiders hold 96.40% of all company shares. The insider transactions over the past six months are up by 18.80%. During that period, insiders bought 172,193 shares in 28 transactions. In that same period, insiders sold 105,204 of their shares in 53 transactions. After these transactions, insiders at Arrow Electronics Inc. now hold 878.72k shares, which is over 100.38% of the total company stocks. Institutional investors currently hold a large chunk of the ARW shares, as they control 1.12% of the company’s total stock.
ARW Fundamental Analysis
For Arrow Electronics Inc., the stock’s diluted earnings per share (EPS) stands at -3.42. In the coming year, analysts expect the EPS to be 7.56. The EPS growth will up over the next five years to 0.50% after plunging by -20.00% in the previous five years. In terms of revenue, Arrow Electronics Inc.’s quarterly sales (YOY) is growing at 1.43, which is higher than the average annual revenue of -20.00% over the past half a decade.
The Return on Investment (ROI) on Arrow Electronics Inc.’s stock currently stands at 0.00%, and it has a net profit margin of -1.00%. The operating margin of the company is -0.10%, and its gross margin is 11.20%.
ARW Analysts Prediction
Deutsche Bank and Stifel also believe that Arrow Electronics Inc.’s stock is outperforming at the moment. ARW received a positive rating from Raymond James, which set a price target of $88-$80 for the stock.
At the moment, Arrow Electronics Inc.’s Total Debt to Equity ratio stands at 0.57, and they have a long-term Debt to Equity ratio of 0.48.
ARW Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of ARW currently stands at -3.27%, while the SMA50 is 5.77%. The biggest one is the SMA200, which is currently reading -5.91% ahead of Monday’s trading session. The Relative Strength Index of this stock is 51.96.