Arrow Electronics Inc (NYSE: ARW). Extremely significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.
Arrow Electronics Inc (NYSE: ARW) suffers from meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration 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 neutral Power Rating of 58 but a very high Appreciation Score of 86, triggering the Positive Value Trend Rating.
Recent Price Action
Arrow Electronics Inc (NYSE: ARW) stock closed at $131.64 on 9/20/24 after a modest decline of -1.7%. Moreover, exceptionally high trading volume at 412% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months and has risen 7.1% during the last week.
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