Arrow Electronics (NYSE:ARW) Releases Earnings Results

Arrow Electronics (NYSE:ARW) announced its quarterly earnings data on Thursday. The technology company reported $2.97 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

NYSE:ARW traded down $5.12 during mid-day trading on Thursday, hitting $109.79. 1,442,001 shares of the company’s stock traded hands, compared to its average volume of 477,295. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.09 and a current ratio of 1.46. The firm’s 50 day simple moving average is $116.51 and its 200 day simple moving average is $123.60. Arrow Electronics has a 1 year low of $105.00 and a 1 year high of $137.80. The company has a market cap of $5.77 billion, a PE ratio of 12.25 and a beta of 1.26.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ARW shares. Truist Financial decreased 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. Wells Fargo & Company reduced 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. Finally, Raymond James reduced their target price 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.

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.