ARRIS International plc (ARRS) Insiders Have A Mixed Trading Record

The insider sell/buy ratio of ARRIS International plc (NASDAQ:ARRS) is recorded at 0, pointing to bullish feelings about the stock among corporate executives and directors. ARRS recorded 0 sales on the open market in the last three months. They sold nearly zero shares while purchases amounted to 261 shares that period. Looking even further back to 12 months, corporate insiders offloaded 70,537 shares when buyers snapped up 34,426 shares. The 12-month’s totals signify about a 2.05-to-1 sell/buy ratio.

Woodle David A gathered a total of 1 thousand shares of ARRIS International plc (ARRS) at average share price of $23.83. This insider trade in the company took place on 08/15/2018. The total for the purchase was set at $23.83 thousand. After this transaction, the Director account balance stood at 28.35 thousand shares. The stock grew 30 percent since that insider purchase. On 08/15/2018, Woodle David A, Director, purchased 1 thousand shares at a price per share of $23.84. This added 23.84 thousand shares to the insider’s fortune and the stock saw a 29.95 percent rally in value since the news became public. This transaction left 28.35 thousand shares in the Director account.

On 08/14/2018, Director Wilson Debora J performed a purchase transaction worth $97.4 thousand. This purchase at $24.35 each has added 4 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded 27.23 percent increase since the transaction was reported. The insider now is left with 50.75 thousand shares remaining in the account. Bryan J Timothy, who performs the Director job, bought 1 thousand shares for $24.3 thousand. The acquisition occurred on 08/14/2018 was priced at $24.3 per share. The share price soared 27.49 percent since the reporting date. Bryan J Timothy now left with a stake of 18.2 thousand ARRS stock worth $563.84 thousand after the insider buying.

The 12-month median price target for ARRIS International plc (ARRS) assigned by the analysts stands at $31.75, which represents a return potential of 2.49 percent when compared to the closing price of the stock of $30.98 on Thursday, December 06. The lowest price target for the stock is $30.5 — slightly more than -1.55 percent from ARRS’s current share price. The stock will probably climb -1.36 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $32-month high price target. This represents a whopping 3.29 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 74.58 on daily chart, which may remain a cause for concern. If the price breaks below $30.74 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $31.04 mark may result into a pull-back move towards $31.1 level. The stock is currently hovering around the first support level of $30.86. Below this, the next support is placed in the zone of $30.74. Till the time, the ARRS stock trades above this level, bulls have nothing to fear.

Shares of ARRIS International plc (ARRS) are trading at a P/E ratio of 93.86 times earnings reported for the past 12 months. The industry ARRS operates in has an average P/E of 12.45. Its P/E ratio went as low as 13.68X and as high as 319.92 over the 5-year span. Further, it is sporting a 0.8 on the Price-to-Sales ratio. Compare this with the industry average P/S of 3.35. 28.9 percent is the gross profit margin for ARRIS International plc and operating margin sits at 1.5 percent. Along with this, the net profit margin is 1.2 percent.

On 6th of December, ARRIS International plc (NASDAQ:ARRS) shares ended higher after a volatile session. The shares accumulated 0.12 points or 0.39 percent at $30.98 with a heavy trade volume of 4.945 million shares. After opening the session at $30.82, the shares went as high as $30.98 and as low as $30.8, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $5.37 billion and now has 173.33 million shares outstanding. ARRIS International plc (ARRS) stock has gained 24.92 percent of market value in 21 trading days.

In last reported earnings results, ARRS earned $0.68 per share, better than the $0.67, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $1.65B, worse than the $1.71B analysts expected. Earnings are estimated to increase by 289.3 percent this year, 5.21 percent next year and continue to increase by 9.4 percent annually for the next 5 years. Investors will get their next glimpse of ARRS’s Q4 earnings on February 13. Analysts are forecasting revenue to climb 4.3 percent to $1.81B in the next fiscal quarter, while earnings are seen soaring by nearly -11.36 percent to $0.78 per share. History has shown that shares in ARRIS International plc have gone up on 20 different earnings reaction days and are predicted to add 0.06 percent when the company reports upcoming earnings.

ARRS stock has a trailing 3-year beta of 1.13, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $0.33 a share in the trailing twelve months. The stock’s value has surged 20.59 percent year to date (YTD) against a rise of 5.59 percent in 12 month’s time. The company’s shares still trade -0.24 percent away from its 1-year high of $31.06 and 43.76 percent up from 52-week low of $21.55. The average consensus rating on the company is 3, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a hold.