Arrow Electronics Earns Zacks Rank #1, Forecasts 15.2% Five-Year Earnings Growth
Arrow Electronics was included among four low-PEG selections after screening for PEG ratios below industry median, market caps above $1 billion and average 20-day volumes over 50,000 shares. It holds a Zacks Rank #1, Value Score B and a five-year expected earnings growth rate of 15.2%.
1. Value Investment Screening
Zacks Investment Research applied a PEG-driven screening process requiring PEG ratios below industry medians, F1 P/E ratios below industry medians, Zacks Ranks #1 or #2, market capitalizations above $1 billion, average 20-day volumes above 50,000 shares, four-week earnings estimate revisions above 5% and Value Scores of A or B.
2. Arrow Electronics Qualification
Arrow Electronics, a New York-based global distributor of electronic components and enterprise computing products, qualified with a PEG ratio beneath its industry median. The company holds a Zacks Rank #1, Value Score B, five-year expected earnings growth of 15.2%, a market cap exceeding $1 billion and average daily trading volume above 50,000 shares.
3. Year-to-Date Performance Comparison
The report also assessed ARW’s year-to-date performance relative to the broader computer and technology sector, though specific relative return figures were not disclosed.