ARRIS International plc (ARRS) Analysts See $0.51 EPS

July 17, 2017 - By Peter Erickson

 ARRIS International plc (ARRS) Analysts See $0.51 EPS
Investors sentiment increased to 1.5 in 2016 Q4. Its up 1.17, from 0.33 in 2016Q3. It is positive, as 1 investors sold ARRIS International plc shares while 1 reduced holdings. 2 funds opened positions while 1 raised stakes. 557,538 shares or 14.36% more from 487,535 shares in 2016Q3 were reported.
Baxter Bros owns 1.65% invested in ARRIS International plc (NASDAQ:ARRS) for 169,830 shares. Vantage Invest Advisors Limited Liability holds 2,251 shares. Gemmer Asset Mgmt holds 137 shares or 0% of its portfolio. 10,680 were accumulated by Toth Advisory Corp. Schwartz Investment Counsel Inc holds 0.65% or 310,000 shares. First Retail Bank Of Omaha holds 64,640 shares.

Wall Street await ARRIS International plc (NASDAQ:ARRS) to release earnings on July, 26. Analysts forecast earnings per share of $0.51, down exactly $0.30 or 37.04 % from 2014’s $0.81 EPS. The expected ARRS’s profit could reach $93.36M giving the stock 13.55 P/E in the case that $0.51 earnings per share is reported. After posting $0.33 EPS for the previous quarter, ARRIS International plc’s analysts now forecast 54.55 % EPS growth. About 1.59M shares traded or 31.40% up from the average. ARRIS International plc (NASDAQ:ARRS) has risen 22.70% since July 18, 2016 and is uptrending. It has outperformed by 6.00% the S&P500.

ARRIS International plc (NASDAQ:ARRS) Ratings Coverage

Among 12 analysts covering Arris Group Inc. (NASDAQ:ARRS), 10 have Buy rating, 1 Sell and 1 Hold. Therefore 83% are positive. Arris Group Inc. had 26 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Goldman Sachs to “Neutral” on Monday, March 14. Needham maintained ARRIS International plc (NASDAQ:ARRS) rating on Thursday, February 23. Needham has “Buy” rating and $32 target. The rating was maintained by Jefferies with “Buy” on Tuesday, June 6. As per Thursday, February 23, the company rating was maintained by RBC Capital Markets. The stock of ARRIS International plc (NASDAQ:ARRS) has “Buy” rating given on Friday, June 10 by Jefferies. UBS upgraded ARRIS International plc (NASDAQ:ARRS) on Wednesday, September 9 to “Buy” rating. The stock of ARRIS International plc (NASDAQ:ARRS) earned “Sell” rating by Zacks on Monday, September 21. On Friday, July 24 the stock rating was initiated by Drexel Hamilton with “Buy”. Jefferies maintained the shares of ARRS in report on Friday, July 29 with “Buy” rating. The company was initiated on Tuesday, September 20 by Morgan Stanley.

ARRIS International plc is a media entertainment and data communications solutions provider. The company has market cap of $5.06 billion. The Firm operates in two divisions: Customer Premises Equipment , and Network & Cloud (N&C). It has a 29.45 P/E ratio. The Firm 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.

More notable recent ARRIS International plc (NASDAQ:ARRS) news were published by: Seekingalpha.com which released: “ARRIS International Still Looks Like A Value Trap” on December 13, 2016, also Seekingalpha.com with their article: “The Future Of Arris” published on December 30, 2016, Seekingalpha.com published: “ARRIS International Plc (ARRS) Q3 2016 Results – Earnings Call Transcript” on October 27, 2016. More interesting news about ARRIS International plc (NASDAQ:ARRS) were released by: Reuters.com and their article: “BRIEF-Arris to acquire Ruckus Wireless and ICX switch business for $800 …” published on February 22, 2017 as well as Natlawreview.com‘s news article titled: “Upcoming/New CFIUS Filing: ARRIS International plc, Brocade Communications …” with publication date: March 04, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.