Arrow Electronics Inc. (ARW) is trading at $121.96 at press time: False Bounce or Growth Revival?

Arrow Electronics Inc. (NYSE:ARW) Relative Strength Index (RSI) is 60.77, with weekly volatility at 1.55% and ATR at 2.69. The ARW stock’s 52-week price range has touched low of $63.28 and a $124.76 high. Intraday shares traded counted 0.56 million, which was -15.64% lower than its 30-day average trading volume of 481.96K. Its shares traded lower over the last trading session, losing -0.09% on 05/26/21. The shares fell to a low of $121.52 before closing at $121.96. ARW’s previous close was $122.07 while the outstanding shares total 74.88M. The firm has a beta of 1.55, a 12-month trailing P/E ratio of 12.70, and a growth ratio of 0.63.

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Investors have identified the Electronics & Computer Distribution company Arrow Electronics Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $8.96 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Arrow Electronics Inc. (ARW) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For ARW, the company has in raw cash 227.7 million on their books with 361.33 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 12.37 billion total, with 8.39 billion as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 12.64 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ARW sounds very interesting.

Is the stock of ARW attractive?

In related news, Chairman, President & CEO, LONG MICHAEL J sold 55,638 shares of the company’s stock in a transaction that recorded on May 20. The sale was performed at an average price of 120.59, for a total value of 6,709,219. As the sale deal closes, the Chief Information Officer, Melvin Vincent P now sold 7,368 shares of the company’s stock, valued at 884,307. Also, Chief Operating Officer, Kerins Sean J sold 128 shares of the company’s stock in a deal that was recorded on May 17. The shares were price at an average price of 120.93 per share, with a total market value of 15,438. Following this completion of acquisition, the Chief Supply Chain Officer, Kostalnick Charles II now holds 1,500 shares of the company’s stock, valued at 174,424. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.