(ARW) Arrow Electronics - Ratings and Ratios

Arrow Electronics Inc (NYSE:ARW) is a leading global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The companys extensive offerings cater to a diverse customer base across the Americas, Europe, the Middle East, Africa, and the Asia Pacific. With a strong presence in the technology distribution sector, Arrow Electronics operates through two primary segments: Global Components and Global Enterprise Computing Solutions.

The Global Components segment is a major player in the distribution of electronic components, including semiconductor products, interconnect, passive, and electromechanical products. This segment also provides computing and memory products, as well as other related services. Meanwhile, the Global Enterprise Computing Solutions segment delivers comprehensive computing solutions, encompassing datacenter, cloud, security, and analytics solutions, along with value-added services such as engineering and integration support, warehousing and logistics, and authorized hardware and software training.

Arrow Electronics has established itself as a trusted partner for original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. With a rich history dating back to 1935, the company has evolved to become a prominent force in the technology distribution landscape, headquartered in Centennial, Colorado. For more information, visit their website at https://www.arrow.com.

Analyzing the technical data, we observe that the stock is currently trading at $121.93, above its 20-day SMA of $119.84 and 200-day SMA of $117.71. The ATR indicates a moderate level of volatility, with a recent price movement of 2.12%. Given the current price action and technical indicators, we can anticipate a potential short-term bullish trend. Considering the fundamental data, the companys market capitalization stands at $6.22 billion, with a P/E ratio of 16.10 and a forward P/E of 4.70. The RoE of 6.64% suggests a relatively stable return on equity.

Based on the technical and fundamental analysis, our forecast suggests that Arrow Electronics Inc (NYSE:ARW) may experience a short-term price appreciation, potentially reaching $130-$135 in the near term, driven by the current bullish trend and favorable technical indicators. However, investors should remain cautious of potential risks and monitor the companys future earnings reports and industry trends to adjust their investment strategies accordingly.