Zacks Research Predicts Lower Earnings for Arrow Electronics

Arrow Electronics, Inc. (NYSE:ARW) – Equities research analysts at Zacks Research cut their FY2024 earnings per share estimates for shares of Arrow Electronics in a report released on Thursday, November 21st. Zacks Research analyst R. Department now anticipates that the technology company will post earnings per share of $10.21 for the year, down from their prior estimate of $10.51. The consensus estimate for Arrow Electronics’ current full-year earnings is $10.23 per share. Zacks Research also issued estimates for Arrow Electronics’ Q2 2025 earnings at $3.00 EPS, Q3 2025 earnings at $2.87 EPS, Q1 2026 earnings at $2.00 EPS, Q2 2026 earnings at $4.03 EPS, Q3 2026 earnings at $2.38 EPS and FY2026 earnings at $11.90 EPS.

Other analysts also recently issued reports about the stock. Wells Fargo & Company raised their price objective on shares of Arrow Electronics from $100.00 to $110.00 and gave the company an “underweight” rating in a research report on Friday, August 2nd. Raymond James decreased their price target on Arrow Electronics from $140.00 to $135.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Finally, Truist Financial dropped their price objective on Arrow Electronics from $141.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, November 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $124.25.

Arrow Electronics Price Performance

NYSE ARW opened at $121.68 on Monday. The company has a current ratio of 1.46, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39. Arrow Electronics has a 12 month low of $108.51 and a 12 month high of $137.80. The stock has a market cap of $6.40 billion, a price-to-earnings ratio of 13.58 and a beta of 1.27. The company’s 50 day moving average is $127.74 and its two-hundred day moving average is $127.35.

Arrow Electronics (NYSE:ARW) last posted its quarterly earnings data on Thursday, October 31st. The technology company reported $2.38 EPS for the quarter, topping the consensus estimate of $2.23 by $0.15. The firm had revenue of $6.82 billion for the quarter, compared to the consensus estimate of $6.73 billion. Arrow Electronics had a return on equity of 10.71% and a net margin of 1.71%. The business’s revenue for the quarter was down 14.8% compared to the same quarter last year. During the same quarter last year, the company earned $4.14 earnings per share.

Institutional Trading of Arrow Electronics

Hedge funds have recently bought and sold shares of the stock. True Wealth Design LLC purchased a new position in shares of Arrow Electronics during the third quarter valued at about $31,000. Versant Capital Management Inc raised its holdings in shares of Arrow Electronics by 794.6% during the 2nd quarter. Versant Capital Management Inc now owns 331 shares of the technology company’s stock worth $40,000 after acquiring an additional 294 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of Arrow Electronics during the 3rd quarter valued at approximately $40,000. Capital Performance Advisors LLP purchased a new position in shares of Arrow Electronics in the third quarter valued at $73,000. Finally, DekaBank Deutsche Girozentrale purchased a new position in shares of Arrow Electronics in the 3rd quarter worth $78,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Arrow Electronics Company Profile

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.