Domingo, 24 Marcha, 2019

Analysts Anticipate ARRIS International plc (ARRS) to Announce $0.32 Earnings Per Share

Today Analysts Focus on ARRIS International plc (ARRS), Twenty-First Century Fox, Inc. (FOX) Buy the stocks that will change your money multiplying rate :ARRIS International plc (ARRS)
Cris De Lacerda | 06 May, 2017, 11:56

The sales growth quarter on quarter is at 59.70% while the total number of outstanding shares are at 190.31. On average, analysts forecast that ARRIS International plc will post $2.51 earnings per share for the current fiscal year. In the previous year period, the company reported a loss of $202.57 million, or $1.06 a share. Zacks Investment Research's earnings per share averages are a mean average based on a survey of sell-side analysts that cover ARRIS International plc. Moreover, First Natl Bank Of Omaha has 0.11% invested in ARRIS International plc (NASDAQ:ARRS) for 64,640 shares. The company earned $1.48 billion during the quarter, compared to the consensus estimate of $1.47 billion. In contrast to the year ago quarter EPS was at 0.83.

ARRS has been the topic of several other reports. Jefferies Group LLC reissued a "buy" rating and set a $34.00 price target on shares of ARRIS International plc in a report on Friday. Zacks Investment Research downgraded shares of ARRIS International plc from a "buy" rating to a "strong sell" rating in a research note on Tuesday, February 28th. The expected future growth in earnings per share ("EPS") is an incredibly important factor in identifying an under-valued stock. Barclays PLC reissued a buy rating and set a $37.00 target price on shares of ARRIS International plc in a research report on Wednesday, January 11th. Finally, TheStreet upgraded shares of ARRIS International plc from a "c" rating to a "b-" rating in a research note on Wednesday, February 22nd. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. ARRIS International plc has an average rating of "Buy" and an average price target of $33.00.

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ARRIS International plc (ARRS) reported earning per shares for the quarter ending May 03 AMC at 0.79, whereas, 8 number of analysts estimated the mean EPS at 0.62. About 2.30 million shares traded or 11.11% up from the average. The company's 50-day moving average is $26.16 and its 200-day moving average is $28.06. The stock's 52-week range is $20.05 - $31.52.

Currently, the stock carries a price to earnings ratio of 314.65, a price to book ratio of 1.61, and a price to sales ratio of 0.75. EPS ratio determined by looking at last 12 month figures is 1.96. The shares were sold at an average price of $26.62, for a total value of $44,269.06.

When it comes to earning per share the company is at -84.70% for the year with a projected 19.50% earning per share for the next year. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The stock remained 1.53% volatile for the week and 1.71% for the month. Acrospire Investment Management LLC increased its position in shares of ARRIS International plc by 666.7% in the third quarter. They are one of the leading companies in the Communication Equipment in USA. Tyers Asset Management LLC bought a new position in shares of ARRIS International plc during the fourth quarter worth $162,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of ARRIS International plc by 12.0% in the third quarter. Rice Hall James & Associates LLC now owns 78,162 shares of the communications equipment provider's stock valued at $2,067,000 after buying an additional 259 shares during the last quarter. The institutional investor owned 14,199 shares of the communications equipment provider's stock after selling 11,834 shares during the period.

The Company enables service providers, including cable, telephone, and digital broadcast satellite operators, and media programmers to deliver media, voice and Internet Protocol (IP) data services to their subscribers.