ARRIS International plc (NASDAQ:ARRS) belonging to the Computer and Technology sector has declined -8.16% and closed its last trading session at $27.12.
The company is expected to report its next EPS on Oct 26 AMC. Currently, the stock has a 1 Year Price Target of $34.63.
The consensus recommendation, according to Zacks Investment research, is 1.43. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.43 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.29 and 1.29 respectively.
ARRIS International plc on 9/30/2016 reported its EPS as $0.77 with the analysts projecting the EPS of the stock as $0.76. The company beat the analyst EPS Estimate with the difference of $0.01. This shows a surprise factor of 1.3%.
Many analysts have provided their estimated foresights on ARRIS International plc Earnings, with 8 analysts believing the company would generate an Average Estimate of $0.77. Whereas they predicted High and Low Earnings Estimate as $0.82 and $0.71 respectively. While in the same Quarter Previous year, the Actual EPS was $0.62.
Analysts are also projecting an Average Revenue Estimate for ARRIS International plc as $1.71 Billion in the Current Quarter. This estimate is provided by 6 analysts. The High Revenue estimate is predicted as 1.78 Billion, while the Low Revenue Estimate prediction stands at 1.68 Billion. The company’s last year sales total was 1.1 Billion.
For the Current Quarter, the growth estimate for ARRIS International plc is 24.2%, while for the Next Quarter the stock growth estimate is 53.2%. In the past 5 years, the stock showed growth of 31.44% per annum. While for the next 5 years, the growth estimate is 20.1%.
The Company got Initiated by Morgan Stanley on 20-Sep-16 to Overweight.
Insider Trades for ARRIS International plc show that the latest trade was made on 18 Sep 2016 where Coppock (Ronald Martin JR), the Officer completed a transaction type “Sell” in which 5000 shares were traded at a price of $29.
7 Insider Sales transactions were made totaling 162406 shares traded.
8 analysts projected Price Targets for ARRIS International plc. The analysts believe that the company stock price could grow as high as $40. The Low Price target projection by analysts is $29 and the Mean Price Target is $34.63.
ARRIS International plc (NASDAQ:ARRS) has the market capitalization of $5.18 Billion. The company rocked its 52-Week High of $32.93 on Dec 4, 2015 and touched its 52-Week Low of $20.05 on Jun 28, 2016. The stock has Return on Assets (ROA) of -1 percent. Return on Equity (ROE) stands at -2.7% and Return on Investment (ROI) of 5.7 percent.
The stock is currently showing YTD performance of -11.29 Percent. The company has Beta Value of 1.28 and ATR value of 0.83. The Weekly and Monthly Volatility stands at 2.51% and 2.47%.
ARRIS International plc is an IP, video and broadband technology company. The Company offers video infrastructure, delivery networks, home and business connectivity and devices as well as related products. ARRIS International plc, formerly known as ARRIS GROUP INC, is based in Suwanee, United States.