Arrow Electronics Sees 11.3% Earnings Estimate Upgrade and PEG Ratio of 0.70
Arrow Electronics holds a Zacks Rank #1 and has seen its consensus earnings estimate rise by 11.3% over the past 60 days. The distributor features a PEG ratio of 0.70 versus the 1.09 industry average and carries a Growth Score of B.
1. Strong Earnings Estimate Trend
Arrow Electronics has achieved a significant upward revision in its consensus earnings forecast, with analysts boosting current-year estimates by 11.3% over the last 60 days. This revision underpins its placement as a top-ranked growth stock and signals improving profitability expectations.
2. Attractive Valuation Metrics
The company’s PEG ratio stands at 0.70, well below the 1.09 industry average, indicating potentially undervalued growth prospects. Additionally, Arrow holds a Growth Score of B, reflecting solid momentum in sales and earnings growth compared with peers.