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Arrow Electronics Inc
Buy, Hold or Sell?

Let's analyse Arrow together

PenkeI guess you are interested in Arrow Electronics Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Arrow Electronics Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Arrow (30 sec.)










What can you expect buying and holding a share of Arrow? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€100.97
Expected worth in 1 year
€114.38
How sure are you?
85.7%

+ What do you gain per year?

Total Gains per Share
€13.41
Return On Investment
11.3%

For what price can you sell your share?

Current Price per Share
€119.00
Expected price per share
€113.00 - €124.00
How sure are you?
50%

1. Valuation of Arrow (5 min.)




Live pricePrice per Share (EOD)

€119.00

Intrinsic Value Per Share

€147.95 - €176.27

Total Value Per Share

€248.91 - €277.24

2. Growth of Arrow (5 min.)




Is Arrow growing?

Current yearPrevious yearGrowGrow %
How rich?$5.8b$5.4b$236m4.2%

How much money is Arrow making?

Current yearPrevious yearGrowGrow %
Making money$225.8m$356.7m-$130.8m-57.9%
Net Profit Margin2.7%3.8%--

How much money comes from the company's main activities?

3. Financial Health of Arrow (5 min.)




4. Comparing to competitors in the Electronics & Computer Distribution industry (5 min.)




  Industry Rankings (Electronics & Computer Distribution)  


Richest
#3 / 119

Most Revenue
#5 / 119

Most Profit
#2 / 119

What can you expect buying and holding a share of Arrow? (5 min.)

Welcome investor! Arrow's management wants to use your money to grow the business. In return you get a share of Arrow.

What can you expect buying and holding a share of Arrow?

First you should know what it really means to hold a share of Arrow. And how you can make/lose money.

Speculation

The Price per Share of Arrow is €119.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Arrow.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Arrow, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €100.97. Based on the TTM, the Book Value Change Per Share is €3.35 per quarter. Based on the YOY, the Book Value Change Per Share is €3.75 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Arrow.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps3.623.0%3.923.3%5.664.8%2.862.4%2.792.3%
Usd Book Value Change Per Share6.675.6%3.633.0%4.063.4%0.470.4%3.903.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share6.675.6%3.633.0%4.063.4%0.470.4%3.903.3%
Usd Price Per Share120.07-128.18-109.66-98.22-90.31-
Price to Earnings Ratio8.30-8.19-4.85-7.88-7.96-
Price-to-Total Gains Ratio18.01-57.00-41.19-29.69-35.29-
Price to Book Ratio1.10-1.25-1.28-1.20-1.08-
Price-to-Total Gains Ratio18.01-57.00-41.19-29.69-35.29-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share128.7223
Number of shares7
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share3.630.47
Usd Total Gains Per Share3.630.47
Gains per Quarter (7 shares)25.393.26
Gains per Year (7 shares)101.5613.03
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10102920133
2020319402616
3030529603929
4040639805242
5050850006555
6060960207868
7071170409181
80812806010494
909149080117107
100101610100130120

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%27.01.00.096.4%27.01.00.096.4%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%16.04.00.080.0%24.04.00.085.7%24.04.00.085.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.028.00.0%0.00.028.00.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%16.04.00.080.0%24.04.00.085.7%24.04.00.085.7%

Fundamentals of Arrow

About Arrow Electronics Inc

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes electronic components comprising semiconductor products and related services; interconnect, passive, and electromechanical products, including capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, such as datacenter, cloud, security, and analytics solutions. This segment also provides access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.

Fundamental data was last updated by Penke on 2024-03-27 15:53:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Arrow Electronics Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Arrow earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Arrow to the Electronics & Computer Distribution industry mean.
  • A Net Profit Margin of 2.5% means that €0.02 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Arrow Electronics Inc:

  • The MRQ is 2.5%. The company is making a profit. +1
  • The TTM is 2.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.5%TTM2.7%-0.2%
TTM2.7%YOY3.8%-1.1%
TTM2.7%5Y2.2%+0.5%
5Y2.2%10Y2.1%+0.1%
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%1.7%+0.8%
TTM2.7%1.8%+0.9%
YOY3.8%2.7%+1.1%
5Y2.2%2.2%+0.0%
10Y2.1%2.0%+0.1%
1.1.2. Return on Assets

Shows how efficient Arrow is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Arrow to the Electronics & Computer Distribution industry mean.
  • 0.9% Return on Assets means that Arrow generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Arrow Electronics Inc:

  • The MRQ is 0.9%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.9%TTM1.1%-0.2%
TTM1.1%YOY1.8%-0.7%
TTM1.1%5Y1.0%+0.1%
5Y1.0%10Y1.0%+0.0%
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%1.0%-0.1%
TTM1.1%0.9%+0.2%
YOY1.8%1.6%+0.2%
5Y1.0%1.4%-0.4%
10Y1.0%1.3%-0.3%
1.1.3. Return on Equity

Shows how efficient Arrow is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Arrow to the Electronics & Computer Distribution industry mean.
  • 3.4% Return on Equity means Arrow generated €0.03 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Arrow Electronics Inc:

  • The MRQ is 3.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.4%TTM4.0%-0.7%
TTM4.0%YOY6.6%-2.6%
TTM4.0%5Y3.6%+0.5%
5Y3.6%10Y3.3%+0.2%
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4%2.3%+1.1%
TTM4.0%2.5%+1.5%
YOY6.6%4.6%+2.0%
5Y3.6%3.6%0.0%
10Y3.3%3.3%+0.0%

1.2. Operating Efficiency of Arrow Electronics Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Arrow is operating .

  • Measures how much profit Arrow makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Arrow to the Electronics & Computer Distribution industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Arrow Electronics Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.0%-2.0%
TTM2.0%YOY5.6%-3.5%
TTM2.0%5Y3.3%-1.2%
5Y3.3%10Y3.5%-0.2%
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.6%-2.6%
TTM2.0%2.1%-0.1%
YOY5.6%3.6%+2.0%
5Y3.3%3.0%+0.3%
10Y3.5%2.6%+0.9%
1.2.2. Operating Ratio

Measures how efficient Arrow is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electronics & Computer Distribution industry mean).
  • An Operation Ratio of 1.83 means that the operating costs are €1.83 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Arrow Electronics Inc:

  • The MRQ is 1.829. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.828. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.829TTM1.828+0.001
TTM1.828YOY1.814+0.014
TTM1.8285Y1.837-0.009
5Y1.83710Y1.802+0.035
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8291.775+0.054
TTM1.8281.733+0.095
YOY1.8141.703+0.111
5Y1.8371.586+0.251
10Y1.8021.341+0.461

1.3. Liquidity of Arrow Electronics Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Arrow is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electronics & Computer Distribution industry mean).
  • A Current Ratio of 1.39 means the company has €1.39 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Arrow Electronics Inc:

  • The MRQ is 1.390. The company is just able to pay all its short-term debts.
  • The TTM is 1.517. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.390TTM1.517-0.127
TTM1.517YOY1.491+0.026
TTM1.5175Y1.506+0.011
5Y1.50610Y1.535-0.028
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3901.637-0.247
TTM1.5171.609-0.092
YOY1.4911.573-0.082
5Y1.5061.558-0.052
10Y1.5351.519+0.016
1.3.2. Quick Ratio

Measures if Arrow is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Arrow to the Electronics & Computer Distribution industry mean.
  • A Quick Ratio of 0.93 means the company can pay off €0.93 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Arrow Electronics Inc:

  • The MRQ is 0.928. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.970. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.928TTM0.970-0.042
TTM0.970YOY0.989-0.019
TTM0.9705Y1.003-0.033
5Y1.00310Y1.011-0.008
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9280.811+0.117
TTM0.9700.839+0.131
YOY0.9890.859+0.130
5Y1.0030.906+0.097
10Y1.0110.926+0.085

1.4. Solvency of Arrow Electronics Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Arrow assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Arrow to Electronics & Computer Distribution industry mean.
  • A Debt to Asset Ratio of 0.73 means that Arrow assets are financed with 72.9% credit (debt) and the remaining percentage (100% - 72.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Arrow Electronics Inc:

  • The MRQ is 0.729. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.727. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.729TTM0.727+0.002
TTM0.727YOY0.734-0.006
TTM0.7275Y0.709+0.018
5Y0.70910Y0.702+0.008
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7290.576+0.153
TTM0.7270.581+0.146
YOY0.7340.570+0.164
5Y0.7090.574+0.135
10Y0.7020.551+0.151
1.4.2. Debt to Equity Ratio

Measures if Arrow is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Arrow to the Electronics & Computer Distribution industry mean.
  • A Debt to Equity ratio of 273.0% means that company has €2.73 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Arrow Electronics Inc:

  • The MRQ is 2.730. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.699. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.730TTM2.699+0.031
TTM2.699YOY2.787-0.087
TTM2.6995Y2.487+0.212
5Y2.48710Y2.396+0.091
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7301.383+1.347
TTM2.6991.378+1.321
YOY2.7871.371+1.416
5Y2.4871.442+1.045
10Y2.3961.507+0.889

2. Market Valuation of Arrow Electronics Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Arrow generates.

  • Above 15 is considered overpriced but always compare Arrow to the Electronics & Computer Distribution industry mean.
  • A PE ratio of 8.30 means the investor is paying €8.30 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Arrow Electronics Inc:

  • The EOD is 8.902. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.303. Based on the earnings, the company is underpriced. +1
  • The TTM is 8.191. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD8.902MRQ8.303+0.598
MRQ8.303TTM8.191+0.112
TTM8.191YOY4.849+3.342
TTM8.1915Y7.880+0.312
5Y7.88010Y7.959-0.079
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD8.9029.634-0.732
MRQ8.3039.237-0.934
TTM8.1919.658-1.467
YOY4.8499.412-4.563
5Y7.88010.643-2.763
10Y7.95912.787-4.828
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Arrow Electronics Inc:

  • The EOD is 6.629. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 6.183. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.709. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.629MRQ6.183+0.446
MRQ6.183TTM1.709+4.474
TTM1.709YOY1.043+0.666
TTM1.7095Y14.614-12.905
5Y14.61410Y10.439+4.176
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD6.6291.756+4.873
MRQ6.1831.873+4.310
TTM1.7091.099+0.610
YOY1.0430.920+0.123
5Y14.6140.831+13.783
10Y10.4391.242+9.197
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Arrow is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Electronics & Computer Distribution industry mean).
  • A PB ratio of 1.10 means the investor is paying €1.10 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Arrow Electronics Inc:

  • The EOD is 1.179. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.099. Based on the equity, the company is underpriced. +1
  • The TTM is 1.248. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.179MRQ1.099+0.079
MRQ1.099TTM1.248-0.149
TTM1.248YOY1.276-0.028
TTM1.2485Y1.201+0.047
5Y1.20110Y1.075+0.126
Compared to industry (Electronics & Computer Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD1.1791.334-0.155
MRQ1.0991.274-0.175
TTM1.2481.295-0.047
YOY1.2761.425-0.149
5Y1.2011.459-0.258
10Y1.0751.516-0.441
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Arrow Electronics Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--6.1643.353+84%3.754+64%0.430+1333%3.606+71%
Book Value Per Share--100.97095.131+6%79.824+26%76.107+33%79.019+28%
Current Ratio--1.3901.517-8%1.491-7%1.506-8%1.535-9%
Debt To Asset Ratio--0.7290.727+0%0.734-1%0.709+3%0.702+4%
Debt To Equity Ratio--2.7302.699+1%2.787-2%2.487+10%2.396+14%
Dividend Per Share----0%-0%-0%-0%
Eps--3.3423.625-8%5.231-36%2.646+26%2.576+30%
Free Cash Flow Per Share--4.4882.636+70%-0.334+107%1.772+153%1.772+153%
Free Cash Flow To Equity Per Share---3.2681.283-355%-0.065-98%0.216-1616%0.216-1616%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--176.274--------
Intrinsic Value_10Y_min--147.945--------
Intrinsic Value_1Y_max--6.432--------
Intrinsic Value_1Y_min--6.311--------
Intrinsic Value_3Y_max--27.886--------
Intrinsic Value_3Y_min--26.449--------
Intrinsic Value_5Y_max--59.659--------
Intrinsic Value_5Y_min--54.638--------
Market Cap6403854100.000+7%5973342900.0006538281725.000-9%6407525875.000-7%5845297147.150+2%5177936256.289+15%
Net Profit Margin--0.0250.027-9%0.038-36%0.022+12%0.021+16%
Operating Margin---0.020-100%0.056-100%0.033-100%0.035-100%
Operating Ratio--1.8291.828+0%1.814+1%1.8370%1.802+1%
Pb Ratio1.179+7%1.0991.248-12%1.276-14%1.201-8%1.075+2%
Pe Ratio8.902+7%8.3038.191+1%4.849+71%7.880+5%7.959+4%
Price Per Share119.000+7%111.000118.500-6%101.375+9%90.799+22%83.489+33%
Price To Free Cash Flow Ratio6.629+7%6.1831.709+262%1.043+493%14.614-58%10.439-41%
Price To Total Gains Ratio19.305+7%18.00756.999-68%41.192-56%29.690-39%35.292-49%
Quick Ratio--0.9280.970-4%0.989-6%1.003-8%1.011-8%
Return On Assets--0.0090.011-18%0.018-49%0.010-10%0.010-7%
Return On Equity--0.0340.040-17%0.066-50%0.036-6%0.033+0%
Total Gains Per Share--6.1643.353+84%3.754+64%0.430+1333%3.606+71%
Usd Book Value--5877493016.7675671538498.512+4%5435473277.285+8%5238419190.720+12%5177020311.793+14%
Usd Book Value Change Per Share--6.6683.627+84%4.061+64%0.465+1333%3.901+71%
Usd Book Value Per Share--109.219102.904+6%86.346+26%82.325+33%85.475+28%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--3.6153.921-8%5.659-36%2.862+26%2.786+30%
Usd Free Cash Flow--261240267.993155545922.873+68%-27979135.512+111%104089694.335+151%74349781.668+251%
Usd Free Cash Flow Per Share--4.8552.851+70%-0.361+107%1.917+153%1.917+153%
Usd Free Cash Flow To Equity Per Share---3.5351.387-355%-0.071-98%0.233-1616%0.233-1616%
Usd Market Cap6927048979.970+7%6461365014.9307072459341.933-9%6931020738.988-7%6322857924.072+2%5600973648.428+15%
Usd Price Per Share128.722+7%120.069128.181-6%109.657+9%98.217+22%90.310+33%
Usd Profit--194543157.096225883398.983-14%356732290.220-45%190952893.468+2%176330366.394+10%
Usd Revenue--7849405425.8198277041960.087-5%9281399246.989-15%8115195337.804-3%7814106094.345+0%
Usd Total Gains Per Share--6.6683.627+84%4.061+64%0.465+1333%3.901+71%
 EOD+4 -4MRQTTM+12 -21YOY+14 -195Y+20 -1310Y+20 -13

3.2. Fundamental Score

Let's check the fundamental score of Arrow Electronics Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.902
Price to Book Ratio (EOD)Between0-11.179
Net Profit Margin (MRQ)Greater than00.025
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.928
Current Ratio (MRQ)Greater than11.390
Debt to Asset Ratio (MRQ)Less than10.729
Debt to Equity Ratio (MRQ)Less than12.730
Return on Equity (MRQ)Greater than0.150.034
Return on Assets (MRQ)Greater than0.050.009
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Arrow Electronics Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5073.769
Ma 20Greater thanMa 50111.550
Ma 50Greater thanMa 100107.160
Ma 100Greater thanMa 200108.140
OpenGreater thanClose120.000
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets21,726,168
Total Liabilities15,848,861
Total Stockholder Equity5,805,464
 As reported
Total Liabilities 15,848,861
Total Stockholder Equity+ 5,805,464
Total Assets = 21,726,168

Assets

Total Assets21,726,168
Total Current Assets18,327,477
Long-term Assets3,398,691
Total Current Assets
Cash And Cash Equivalents 218,053
Net Receivables 12,238,073
Inventory 5,187,225
Other Current Assets 684,126
Total Current Assets  (as reported)18,327,477
Total Current Assets  (calculated)18,327,477
+/-0
Long-term Assets
Property Plant Equipment 530,740
Goodwill 2,050,426
Long Term Investments 62,741
Intangible Assets 127,440
Long-term Assets Other 627,344
Long-term Assets  (as reported)3,398,691
Long-term Assets  (calculated)3,398,691
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities13,187,884
Long-term Liabilities2,660,977
Total Stockholder Equity5,805,464
Total Current Liabilities
Short Long Term Debt 1,653,954
Accounts payable 10,070,015
Total Current Liabilities  (as reported)13,187,884
Total Current Liabilities  (calculated)11,723,969
+/- 1,463,915
Long-term Liabilities
Long term Debt 2,153,553
Long-term Liabilities Other 507,424
Long-term Liabilities  (as reported)2,660,977
Long-term Liabilities  (calculated)2,660,977
+/-0
Total Stockholder Equity
Retained Earnings 5,790,217
Total Stockholder Equity (as reported)5,805,464
Total Stockholder Equity (calculated)5,790,217
+/- 15,247
Other
Capital Stock57,691
Common Stock Shares Outstanding 53,811
Net Debt 3,589,454
Net Invested Capital 9,612,971
Net Working Capital 5,139,593
Property Plant and Equipment Gross 1,833,876



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-31
> Total Assets 
13,419,375
14,200,025
15,056,966
16,462,809
16,124,805
16,748,808
16,978,025
17,784,445
16,830,752
16,024,369
15,689,711
16,400,796
15,391,460
15,604,461
15,496,633
17,053,911
16,173,560
16,842,773
17,430,460
19,535,540
19,512,853
19,894,450
20,505,729
21,763,182
20,276,532
20,535,899
20,638,360
21,726,168
21,726,16820,638,36020,535,89920,276,53221,763,18220,505,72919,894,45019,512,85319,535,54017,430,46016,842,77316,173,56017,053,91115,496,63315,604,46115,391,46016,400,79615,689,71116,024,36916,830,75217,784,44516,978,02516,748,80816,124,80516,462,80915,056,96614,200,02513,419,375
   > Total Current Assets 
9,484,503
10,223,162
11,039,168
12,417,759
11,767,213
12,462,294
12,719,431
13,608,300
12,253,884
12,110,356
11,839,648
12,526,159
11,588,058
11,793,968
11,659,899
13,152,899
12,367,068
13,082,624
13,725,664
15,893,323
15,941,484
16,424,432
17,131,119
18,340,340
16,866,849
17,131,207
17,305,960
18,327,477
18,327,47717,305,96017,131,20716,866,84918,340,34017,131,11916,424,43215,941,48415,893,32313,725,66413,082,62412,367,06813,152,89911,659,89911,793,96811,588,05812,526,15911,839,64812,110,35612,253,88413,608,30012,719,43112,462,29411,767,21312,417,75911,039,16810,223,1629,484,503
       Cash And Cash Equivalents 
521,562
419,918
584,339
730,083
548,644
330,519
474,191
509,327
351,899
269,989
262,254
300,103
200,998
205,828
227,019
373,615
227,701
244,070
215,932
222,194
242,791
225,596
333,985
176,915
205,554
240,382
333,294
218,053
218,053333,294240,382205,554176,915333,985225,596242,791222,194215,932244,070227,701373,615227,019205,828200,998300,103262,254269,989351,899509,327474,191330,519548,644730,083584,339419,918521,562
       Net Receivables 
5,867,182
6,531,452
7,070,629
8,171,092
7,378,453
8,076,896
8,229,791
8,945,463
7,902,516
7,976,603
7,841,851
8,482,687
7,817,019
7,954,038
7,958,675
9,205,343
8,503,010
8,846,715
9,329,427
11,123,946
10,621,942
10,851,466
11,218,611
12,322,717
10,655,863
11,035,898
10,663,164
12,238,073
12,238,07310,663,16411,035,89810,655,86312,322,71711,218,61110,851,46610,621,94211,123,9469,329,4278,846,7158,503,0109,205,3437,958,6757,954,0387,817,0198,482,6877,841,8517,976,6037,902,5168,945,4638,229,7918,076,8967,378,4538,171,0927,070,6296,531,4525,867,182
       Inventory 
2,905,502
3,045,377
3,168,769
3,302,518
3,572,714
3,775,884
3,722,808
3,878,678
3,734,905
3,596,613
3,503,481
3,477,120
3,334,298
3,420,912
3,235,802
3,287,308
3,275,389
3,636,082
3,834,988
4,201,965
4,645,116
4,886,562
5,083,378
5,319,369
5,525,782
5,452,198
5,805,520
5,187,225
5,187,2255,805,5205,452,1985,525,7825,319,3695,083,3784,886,5624,645,1164,201,9653,834,9883,636,0823,275,3893,287,3083,235,8023,420,9123,334,2983,477,1203,503,4813,596,6133,734,9053,878,6783,722,8083,775,8843,572,7143,302,5183,168,7693,045,3772,905,502
       Other Current Assets 
190,257
226,415
215,431
214,066
267,402
278,995
292,641
274,832
264,564
267,151
232,062
266,249
235,743
213,190
238,403
286,633
360,968
355,757
345,317
345,218
431,635
460,808
495,145
521,339
479,650
402,729
503,982
684,126
684,126503,982402,729479,650521,339495,145460,808431,635345,218345,317355,757360,968286,633238,403213,190235,743266,249232,062267,151264,564274,832292,641278,995267,402214,066215,431226,415190,257
   > Long-term Assets 
0
0
0
0
0
0
0
0
4,576,868
3,914,013
3,850,063
3,874,637
3,803,402
3,810,493
3,836,734
3,901,012
3,806,492
3,760,149
3,704,796
3,642,217
3,571,369
3,470,018
3,374,610
3,422,842
3,409,683
3,404,692
3,332,400
3,398,691
3,398,6913,332,4003,404,6923,409,6833,422,8423,374,6103,470,0183,571,3693,642,2173,704,7963,760,1493,806,4923,901,0123,836,7343,810,4933,803,4023,874,6373,850,0633,914,0134,576,86800000000
       Property Plant Equipment 
786,596
789,934
815,379
838,475
849,867
835,801
838,563
824,700
1,168,681
1,126,892
1,099,986
1,081,063
803,422
798,190
793,855
1,105,714
747,538
727,411
705,395
950,814
658,199
625,587
595,867
596,456
579,451
558,219
536,204
530,740
530,740536,204558,219579,451596,456595,867625,587658,199950,814705,395727,411747,5381,105,714793,855798,190803,4221,081,0631,099,9861,126,8921,168,681824,700838,563835,801849,867838,475815,379789,934786,596
       Goodwill 
2,405,160
2,446,864
2,470,576
2,470,047
2,703,542
2,673,117
2,659,335
2,624,690
2,632,451
2,067,499
2,041,073
2,061,322
2,044,898
2,052,128
2,074,282
2,115,469
2,101,938
2,106,182
2,090,248
2,080,371
2,067,249
2,020,574
1,979,233
2,027,626
2,036,077
2,044,214
2,021,987
2,050,426
2,050,4262,021,9872,044,2142,036,0772,027,6261,979,2332,020,5742,067,2492,080,3712,090,2482,106,1822,101,9382,115,4692,074,2822,052,1282,044,8982,061,3222,041,0732,067,4992,632,4512,624,6902,659,3352,673,1172,703,5422,470,0472,470,5762,446,8642,405,160
       Long Term Investments 
88,376
130,152
131,918
141,030
138,245
131,869
129,243
121,738
85,296
86,157
85,399
86,942
80,337
80,756
76,355
76,358
77,330
68,937
69,022
63,695
65,239
65,732
66,358
65,112
59,682
62,138
63,049
62,741
62,74163,04962,13859,68265,11266,35865,73265,23963,69569,02268,93777,33076,35876,35580,75680,33786,94285,39986,15785,296121,738129,243131,869138,245141,030131,918130,15288,376
       Intangible Assets 
325,920
317,435
307,385
286,215
348,378
328,964
313,472
372,644
369,291
290,236
277,720
271,903
260,955
249,528
241,293
233,819
223,848
214,261
204,458
195,029
185,753
175,854
166,388
159,137
151,221
142,917
134,811
127,440
127,440134,811142,917151,221159,137166,388175,854185,753195,029204,458214,261223,848233,819241,293249,528260,955271,903277,720290,236369,291372,644313,472328,964348,378286,215307,385317,435325,920
       Long-term Assets Other 
0
0
0
0
0
0
0
0
670,226
656,204
640,607
651,360
613,790
629,891
650,949
675,761
655,838
643,358
635,673
620,311
594,929
582,271
566,764
574,511
583,252
597,204
576,349
627,344
627,344576,349597,204583,252574,511566,764582,271594,929620,311635,673643,358655,838675,761650,949629,891613,790651,360640,607656,204670,22600000000
> Total Liabilities 
8,903,363
9,449,169
10,131,674
11,462,585
10,975,991
11,581,501
11,675,983
12,408,079
11,329,342
11,201,654
10,945,464
11,534,403
10,741,851
10,854,513
10,658,861
11,904,959
10,959,114
11,618,312
12,192,832
14,194,694
14,083,970
14,496,167
15,203,043
16,151,829
14,676,352
14,881,425
15,084,885
15,848,861
15,848,86115,084,88514,881,42514,676,35216,151,82915,203,04314,496,16714,083,97014,194,69412,192,83211,618,31210,959,11411,904,95910,658,86110,854,51310,741,85111,534,40310,945,46411,201,65411,329,34212,408,07911,675,98311,581,50110,975,99111,462,58510,131,6749,449,1698,903,363
   > Total Current Liabilities 
6,033,288
6,439,430
6,978,997
7,956,569
6,955,094
7,393,403
7,841,458
8,790,428
7,034,125
7,377,961
7,371,641
8,258,159
7,913,178
8,132,432
7,914,706
9,130,883
8,393,014
9,072,696
9,501,875
11,326,089
10,671,643
11,033,087
11,418,067
12,389,604
10,390,096
10,669,304
11,936,031
13,187,884
13,187,88411,936,03110,669,30410,390,09612,389,60411,418,06711,033,08710,671,64311,326,0899,501,8759,072,6968,393,0149,130,8837,914,7068,132,4327,913,1788,258,1597,371,6417,377,9617,034,1258,790,4287,841,4587,393,4036,955,0947,956,5696,978,9976,439,4306,033,288
       Short-term Debt 
471,753
3,069,076
3,183,168
3,290,000
3,571,915
3,805,914
0
0
138,686
279,158
356,843
331,431
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000331,431356,843279,158138,686003,805,9143,571,9153,290,0003,183,1683,069,076471,753
       Short Long Term Debt 
471,753
3,069,076
3,183,168
3,290,000
3,571,915
3,805,914
0
0
138,686
279,158
356,843
331,431
377,177
244,323
166,128
158,633
361,327
356,986
353,915
382,619
317,399
626,048
604,521
589,883
144,264
488,168
1,588,662
1,653,954
1,653,9541,588,662488,168144,264589,883604,521626,048317,399382,619353,915356,986361,327158,633166,128244,323377,177331,431356,843279,158138,686003,805,9143,571,9153,290,0003,183,1683,069,076471,753
       Accounts payable 
5,561,535
5,270,311
5,799,723
6,756,830
6,110,752
6,487,686
6,886,217
7,631,879
6,034,457
6,245,068
6,181,408
7,046,221
6,662,333
6,967,180
6,849,252
7,937,889
7,045,759
7,625,844
8,005,207
9,617,084
9,110,391
9,162,534
9,540,449
10,460,419
8,976,296
8,981,212
9,090,554
10,070,015
10,070,0159,090,5548,981,2128,976,29610,460,4199,540,4499,162,5349,110,3919,617,0848,005,2077,625,8447,045,7597,937,8896,849,2526,967,1806,662,3337,046,2216,181,4086,245,0686,034,4577,631,8796,886,2176,487,6866,110,7526,756,8305,799,7235,270,3115,561,535
       Other Current Liabilities 
4,751
8,714
9,833
11,757
6,490
5,567
2,955
2,384
998
2,950
1,431
2,132
7,398
2,595
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000002,5957,3982,1321,4312,9509982,3842,9555,5676,49011,7579,8338,7144,751
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
4,295,217
3,823,693
3,573,823
3,276,244
2,828,673
2,722,081
2,744,155
2,774,076
2,566,100
2,545,616
2,690,957
2,868,605
3,412,327
3,463,080
3,784,976
3,762,225
4,286,256
4,212,121
3,148,854
2,660,977
2,660,9773,148,8544,212,1214,286,2563,762,2253,784,9763,463,0803,412,3272,868,6052,690,9572,545,6162,566,1002,774,0762,744,1552,722,0812,828,6733,276,2443,573,8233,823,6934,295,21700000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
719,326
666,419
631,530
636,115
605,884
623,712
646,414
676,136
662,252
661,223
651,196
624,162
621,508
606,590
597,951
579,261
567,200
539,293
533,853
507,424
507,424533,853539,293567,200579,261597,951606,590621,508624,162651,196661,223662,252676,136646,414623,712605,884636,115631,530666,419719,32600000000
> Total Stockholder Equity
4,516,012
4,706,675
4,879,068
4,951,539
5,099,608
5,118,791
5,252,027
5,324,990
5,449,003
4,768,725
4,690,819
4,811,919
4,595,125
4,694,821
4,781,064
5,089,319
5,155,759
5,164,922
5,178,478
5,282,295
5,369,954
5,340,466
5,245,747
5,546,357
5,530,532
5,586,345
5,485,261
5,805,464
5,805,4645,485,2615,586,3455,530,5325,546,3575,245,7475,340,4665,369,9545,282,2955,178,4785,164,9225,155,7595,089,3194,781,0644,694,8214,595,1254,811,9194,690,8194,768,7255,449,0035,324,9905,252,0275,118,7915,099,6084,951,5394,879,0684,706,6754,516,012
   Common Stock
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
125,424
0
125,424
125,424
0
0125,424125,4240125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424125,424
   Retained Earnings 
5,310,998
5,410,677
5,545,307
5,599,192
5,758,234
5,928,149
6,104,682
6,335,335
6,476,070
5,927,104
6,019,235
6,131,248
6,144,816
6,277,620
6,443,680
6,679,751
6,886,072
7,126,713
7,416,740
7,787,948
8,152,697
8,523,031
8,865,430
9,214,832
9,488,582
9,725,141
9,923,800
5,790,217
5,790,2179,923,8009,725,1419,488,5829,214,8328,865,4308,523,0318,152,6977,787,9487,416,7407,126,7136,886,0726,679,7516,443,6806,277,6206,144,8166,131,2486,019,2355,927,1046,476,0706,335,3356,104,6825,928,1495,758,2345,599,1925,545,3075,410,6775,310,998
   Capital Surplus 0000000000000000000000000000
   Treasury Stock0000000000000000000000000000
   Other Stockholders Equity 0-462,310-359,0960-365,262-607,878-426,014-232,969-191,657-165,711-128,201-123,461-104,885-255,313-317,489-349,484-262,211-359,786-280,709-288,267-299,449-283,051-245,809-101,505-125,005-159,315-212,818-345,355



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue33,107,120
Cost of Revenue-28,958,102
Gross Profit4,149,0184,149,018
 
Operating Income (+$)
Gross Profit4,149,018
Operating Expense-31,555,817
Operating Income1,551,303-27,406,799
 
Operating Expense (+$)
Research Development-
Selling General Administrative2,416,599
Selling And Marketing Expenses-
Operating Expense31,555,8172,416,599
 
Net Interest Income (+$)
Interest Income-
Interest Expense-328,724
Other Finance Cost-0
Net Interest Income-328,724
 
Pretax Income (+$)
Operating Income1,551,303
Net Interest Income-328,724
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,164,3541,609,528
EBIT - interestExpense = -328,724
903,505
1,232,229
Interest Expense328,724
Earnings Before Interest and Taxes (EBIT)-1,493,078
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax1,164,354
Tax Provision-254,991
Net Income From Continuing Ops909,363909,363
Net Income903,505
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-58,225328,724
 

Technical Analysis of Arrow
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Arrow. The general trend of Arrow is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Arrow's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Arrow Electronics Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 122.00 < 122.00 < 124.00.

The bearish price targets are: 116.00 > 113.00 > 113.00.

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Arrow Electronics Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Arrow Electronics Inc. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Arrow Electronics Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Arrow Electronics Inc. The current macd is 2.75631045.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Arrow price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Arrow. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Arrow price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Arrow Electronics Inc Daily Moving Average Convergence/Divergence (MACD) ChartArrow Electronics Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Arrow Electronics Inc. The current adx is 22.96.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Arrow shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Arrow Electronics Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Arrow Electronics Inc. The current sar is 108.91.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Arrow Electronics Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Arrow Electronics Inc. The current rsi is 73.77. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending down: The RSI is trending down. -1
Arrow Electronics Inc Daily Relative Strength Index (RSI) ChartArrow Electronics Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Arrow Electronics Inc. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Arrow price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Arrow Electronics Inc Daily Stochastic Oscillator ChartArrow Electronics Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Arrow Electronics Inc. The current cci is 217.42.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Arrow Electronics Inc Daily Commodity Channel Index (CCI) ChartArrow Electronics Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Arrow Electronics Inc. The current cmo is 54.86.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Arrow Electronics Inc Daily Chande Momentum Oscillator (CMO) ChartArrow Electronics Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Arrow Electronics Inc. The current willr is -7.69230769.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Arrow Electronics Inc Daily Williams %R ChartArrow Electronics Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Arrow Electronics Inc.

Arrow Electronics Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Arrow Electronics Inc. The current atr is 1.81395934.

Arrow Electronics Inc Daily Average True Range (ATR) ChartArrow Electronics Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Arrow Electronics Inc. The current obv is 1,478.

Arrow Electronics Inc Daily On-Balance Volume (OBV) ChartArrow Electronics Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Arrow Electronics Inc. The current mfi is 70.01.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Arrow Electronics Inc Daily Money Flow Index (MFI) ChartArrow Electronics Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Arrow Electronics Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-09 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-21 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-27 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-28 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-29 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-04 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-22 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-07 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-08 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-18 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-25 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Arrow Electronics Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Arrow Electronics Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5073.769
Ma 20Greater thanMa 50111.550
Ma 50Greater thanMa 100107.160
Ma 100Greater thanMa 200108.140
OpenGreater thanClose120.000
Total3/5 (60.0%)
Penke

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