Analysts See $0.51 EPS for ARRIS International plc (ARRS)

July 17, 2017 - By test

 Analysts See $0.51 EPS for ARRIS International plc (ARRS)
Investors sentiment increased to 1.5 in Q4 2016. Its up 1.17, from 0.33 in 2016Q3. It improved, 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.
Schwartz Investment Counsel Incorporated reported 310,000 shares. Toth Fin Advisory stated it has 10,680 shares. Gemmer Asset Management Limited Com, a California-based fund reported 137 shares. Baxter Bros invested in 1.65% or 169,830 shares. The Pennsylvania-based Vantage Inv Llc has invested 0.03% in ARRIS International plc (NASDAQ:ARRS). First National Bank Of Omaha stated it has 0.11% of its portfolio in ARRIS International plc (NASDAQ:ARRS).

Analysts await ARRIS International plc (NASDAQ:ARRS) to report earnings on July, 26. They expect $0.51 earnings per share, down 37.04 % or $0.30 from last year’s $0.81 per share. ARRS’s profit will be $93.36M for 13.55 P/E if the $0.51 EPS becomes a reality. After $0.33 actual earnings per share reported by ARRIS International plc for the previous quarter, Wall Street now forecasts 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 company was initiated on Tuesday, February 21 by Northland Capital. The stock has “Buy” rating by Jefferies on Friday, July 29. The firm has “Buy” rating given on Wednesday, September 9 by UBS. The rating was upgraded by Goldman Sachs to “Buy” on Tuesday, March 14. The stock has “Overweight” rating by Morgan Stanley on Tuesday, September 20. On Thursday, February 18 the stock rating was maintained by Needham with “Buy”. The stock of ARRIS International plc (NASDAQ:ARRS) earned “Buy” rating by Needham on Thursday, July 30. Barclays Capital maintained ARRIS International plc (NASDAQ:ARRS) rating on Thursday, February 18. Barclays Capital has “Overweight” rating and $37 target. Goldman Sachs downgraded ARRIS International plc (NASDAQ:ARRS) rating on Monday, March 14. Goldman Sachs has “Neutral” rating and $26 target. As per Thursday, February 23, the company rating was maintained by Needham.

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: “The Future Of Arris” on December 30, 2016, also Seekingalpha.com with their article: “ARRIS International Still Looks Like A Value Trap” published on December 13, 2016, Natlawreview.com published: “Upcoming/New CFIUS Filing: ARRIS International plc, Brocade Communications …” on March 04, 2017. 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 Multichannel.com‘s news article titled: “ARRIS Launches First Gateway with ARRIS Secure Home Internet by McAfee …” with publication date: July 17, 2017.

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