Arrow Electronics (NYSE:ARW) Posts Earnings Results, Beats Expectations By $0.17 EPS

Arrow Electronics (NYSE:ARW) posted its quarterly earnings data on Thursday. The technology company reported $2.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.80 by $0.17, Zacks reports. Arrow Electronics had a net margin of 1.71% and a return on equity of 10.71%. Arrow Electronics updated its Q1 2025 guidance to 1.300-1.500 EPS.

Arrow Electronics Price Performance

ARW stock traded down $5.12 during trading on Thursday, hitting $109.79. The company had a trading volume of 1,442,001 shares, compared to its average volume of 477,295. The firm has a market capitalization of $5.77 billion, a price-to-earnings ratio of 12.25 and a beta of 1.26. The business has a 50 day moving average of $116.51 and a 200 day moving average of $123.60. Arrow Electronics has a fifty-two week low of $105.00 and a fifty-two week high of $137.80. The company has a current ratio of 1.46, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39.

Analysts Set New Price Targets

A number of analysts recently issued reports on ARW shares. Truist Financial dropped their price target on shares of Arrow Electronics from $141.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, November 1st. Raymond James dropped their price target on shares of Arrow Electronics from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Finally, Wells Fargo & Company lowered their target price on shares of Arrow Electronics from $105.00 to $100.00 and set an “underweight” rating for the company in a research note on Monday, January 13th.

About Arrow Electronics

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.