ARRIS International (ARRS) Receives News Impact Score of 0.07

Headlines about ARRIS International (NASDAQ:ARRS) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ARRIS International earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave headlines about the communications equipment provider an impact score of 46.0132300856101 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

ARRIS International (NASDAQ ARRS) traded down $0.02 during midday trading on Monday, reaching $25.49. The company’s stock had a trading volume of 1,275,900 shares, compared to its average volume of 1,265,989. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.65. ARRIS International has a 12-month low of $24.75 and a 12-month high of $30.79. The company has a market capitalization of $4,770.00, a PE ratio of 29.30, a PEG ratio of 0.97 and a beta of 1.40.

ARRIS International (NASDAQ:ARRS) last released its earnings results on Wednesday, November 1st. The communications equipment provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.18. ARRIS International had a return on equity of 14.02% and a net margin of 2.51%. The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period in the prior year, the company earned $0.77 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. equities research analysts expect that ARRIS International will post 2.32 earnings per share for the current year.

Several research firms recently issued reports on ARRS. Zacks Investment Research upgraded ARRIS International from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a report on Tuesday, November 7th. Morgan Stanley lowered ARRIS International from an “overweight” rating to an “equal weight” rating and set a $31.00 price objective on the stock. in a research note on Tuesday, December 19th. BidaskClub lowered ARRIS International from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. Raymond James Financial set a $38.00 price objective on ARRIS International and gave the company a “buy” rating in a research note on Monday, December 4th. Finally, ValuEngine raised ARRIS International from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $33.00.

In other ARRIS International news, SVP Patrick W. Macken sold 1,250 shares of the stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $29.26, for a total transaction of $36,575.00. Following the completion of the sale, the senior vice president now directly owns 4,556 shares in the company, valued at approximately $133,308.56. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Philip Charles Baldock sold 4,930 shares of the stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $26.11, for a total value of $128,722.30. Following the sale, the senior vice president now owns 13,529 shares of the company’s stock, valued at $353,242.19. The disclosure for this sale can be found here. Insiders sold a total of 10,347 shares of company stock valued at $290,307 over the last quarter. 0.90% of the stock is owned by corporate insiders.

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ARRIS International Company Profile

ARRIS International plc is a media entertainment and data communications solutions provider. The Company operates in two segments: Customer Premises Equipment (CPE), and Network & Cloud (N&C). 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.

Insider Buying and Selling by Quarter for ARRIS International (NASDAQ:ARRS)

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