Arrow Electronics Sees 11.3% Earnings Estimate Hike, Trades at 10.6 P/E

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Arrow Electronics holds a Zacks Rank #1 with its current-year earnings estimate rising 11.3% over the past 60 days. The stock trades at a 10.56 P/E versus 21.50 for its industry and carries a Value Score of A.

1. Zacks Rank #1 and Earnings Estimate Growth

Arrow Electronics holds a Zacks Rank #1 designation and its consensus estimate for current-year earnings has increased by 11.3% over the past 60 days, reflecting improved analyst outlook.

2. Attractive Valuation versus Industry

The shares trade at a price-to-earnings ratio of 10.56 compared with an industry average of 21.50, indicating a significant valuation discount.

3. Value Score A Highlights Strong Value

With a Value Score of A, Arrow Electronics demonstrates strong value characteristics based on metrics such as low relative P/E and positive earnings revisions.

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