Arrow Electronics, Inc. (ARW) Analysts See $2.29 EPS; Cott Has 1.42 Sentiment

January 14, 2018 - By Richard Conner

Cott Corporation, together with its subsidiaries, produces and sells beverages on behalf of retailers, brand owners, and distributors worldwide. The company has market cap of $2.30 billion. The firm operates through four divisions: Water & Coffee Solutions, Cott North America, Cott United Kingdom, and All Other. It currently has negative earnings. The Company’s product lines include carbonated soft drinks, juice and juice products, energy drinks and shots, sports drinks, new age beverages, ready-to-drink teas, liquid enhancers, freezables, ready-to-drink alcoholic beverages, hot chocolate, malt drinks, creamers/whiteners, cereals, and beverage concentrates, as well as clear, still, and sparkling flavored waters.

Analysts expect Arrow Electronics, Inc. (NYSE:ARW) to report $2.29 EPS on February, 6.They anticipate $0.29 EPS change or 14.50% from last quarter’s $2 EPS. ARW’s profit would be $201.47M giving it 9.13 P/E if the $2.29 EPS is correct. After having $1.82 EPS previously, Arrow Electronics, Inc.’s analysts see 25.82% EPS growth. The stock increased 0.46% or $0.38 during the last trading session, reaching $83.67. About 359,618 shares traded. Arrow Electronics, Inc. (NYSE:ARW) has risen 21.10% since January 14, 2017 and is uptrending. It has outperformed by 4.40% the S&P500.

Among 10 analysts covering Arrow Electronics Inc. (NYSE:ARW), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Arrow Electronics Inc. had 17 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, September 20. The rating was downgraded by Suntrust Robinson to “Hold” on Tuesday, January 3. The stock has “Buy” rating by Goldman Sachs on Monday, March 14. The company was maintained on Monday, May 9 by Goldman Sachs. As per Monday, May 2, the company rating was downgraded by Citigroup. The company was upgraded on Wednesday, July 29 by Credit Agricole. The firm has “Outperform” rating by Credit Agricole given on Thursday, October 29. On Sunday, September 10 the stock rating was maintained by Stifel Nicolaus with “Buy”. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, October 4 report. The rating was downgraded by SunTrust to “Hold” on Tuesday, January 3.

Investors sentiment increased to 1.15 in 2017 Q3. Its up 0.23, from 0.92 in 2017Q2. It improved, as 23 investors sold Arrow Electronics, Inc. shares while 110 reduced holdings. 49 funds opened positions while 104 raised stakes. 80.16 million shares or 1.84% less from 81.66 million shares in 2017Q2 were reported. Hancock Holding, a Mississippi-based fund reported 186,714 shares. Alyeska Investment Group Inc L P, Illinois-based fund reported 995,914 shares. Meeder Asset Management reported 5,710 shares. State Of Tennessee Treasury Department owns 107,600 shares. 46,409 are owned by Verition Fund Mgmt Ltd Co. Nordea Invest Mgmt reported 0% in Arrow Electronics, Inc. (NYSE:ARW). Qs Investors Lc owns 13 shares or 0% of their US portfolio. The California-based Fdx Advisors has invested 0.05% in Arrow Electronics, Inc. (NYSE:ARW). Teachers Retirement Sys Of The State Of Kentucky accumulated 18,380 shares. Brant Point Invest Mgmt Ltd Limited Liability Company invested in 1.09% or 130,150 shares. State Teachers Retirement Systems holds 0.03% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW) for 151,858 shares. Goldman Sachs Inc holds 1.50 million shares. Citigroup holds 0% in Arrow Electronics, Inc. (NYSE:ARW) or 56,574 shares. Brown Advisory holds 0% or 18,308 shares in its portfolio. Toronto Dominion Bankshares invested in 0% or 3,752 shares.

Since August 10, 2017, it had 0 buys, and 2 selling transactions for $1.93 million activity. The insider Kerins Sean J sold 4,477 shares worth $345,445. Shares for $1.59M were sold by LONG MICHAEL J on Thursday, August 10.

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. The company has market cap of $7.36 billion. The firm operates in two divisions, Global Components and Global Enterprise Computing Solutions. It has a 14.7 P/E ratio. The Global Components segment markets and distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products consisting primarily of capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other services and products.

Since January 1, 0001, it had 0 insider purchases, and 2 selling transactions for $219,115 activity.

The stock increased 0.36% or $0.06 during the last trading session, reaching $16.75. About 545,044 shares traded. Cott Corporation (COT) has declined 10.50% since January 14, 2017 and is downtrending. It has underperformed by 27.20% the S&P500.

Analysts await Cott Corporation (NYSE:COT) to report earnings on February, 22. They expect $0.02 EPS, up 100.00% or $0.01 from last year’s $0.01 per share. COT’s profit will be $2.75 million for 209.38 P/E if the $0.02 EPS becomes a reality. After $0.06 actual EPS reported by Cott Corporation for the previous quarter, Wall Street now forecasts -66.67% negative EPS growth.

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