Recent extremely meaningful negative changes in investment behavior have impacted Arrow Electronics Inc (NYSE: ARW): the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
Arrow Electronics Inc (NYSE: ARW) has recently experienced important negative changes in fundamentals. Negative developments: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, ARW is expected to continue to be an important Value Builder.
Arrow Electronics has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Arrow Electronics has a very high Appreciation Score of 86 but a neutral Power Rating of 41, resulting in the Positive Value Trend Rating.
Recent Price Action
Arrow Electronics Inc (NYSE: ARW) stock declined modestly by -1.2% on 7/1/24. The stock closed at $119.27. However, this decline was accompanied by unusually low trading volume at 66% of normal. The stock has performed in line with the market over the last nine months and has declined -5.9% during the last week.
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