Arrow Electronics Inc (NYSE: ARW) stock closed at $118.67 on 10/31/24 after a major decline of -12.6%. Moreover, trading volume in this decline was exceptionally high at 313% of normal. Relative to the market the stock has been strong over the last nine months but has declined -10.3% during the last week.
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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Arrow Electronics has a slightly positive Power Rating of 70 and a very high Appreciation Score of 88, triggering the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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