What analysts say
- Buy, sell, or hold?: Analysts strongly back Arrow Electronics, with eight of nine rating it a buy and the remainder rating it a hold. Analysts like Arrow Electronics better than competitor Avnet overall. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $5.74 billion in revenue this quarter. That would represent a rise of 24.5% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $1.36 per share. Estimates range from $1.35 to $1.37.
What our community says
CAPS All Stars are solidly backing the stock with 98.5% awarding it an outperform rating. The community at large agrees with the All-Stars with 95.5% granting it a rating of outperform. Fools are gung-ho about Arrow Electronics, though the message boards have been quiet lately with only 62 posts in the past 30 days. Even with a robust four out of five stars, Arrow Electronics' CAPS rating falls a little short of the community's upbeat outlook.
Arrow Electronics' profit has risen year over year by an average of more than fourfold.
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Is Arrow Electronics Destined for Greatness?
Let's see what the numbers say about Arrow.