Stock To Watch: ARRIS Group, Inc. (NASDAQ:ARRS)


The leading market experts have placed a mean price target of $34.43 on ARRIS Group, Inc. (NASDAQ:ARRS) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.77 a share for the upcoming quarter and $2.82 for the current fiscal. Technical View The technical analysis of ARRIS International plc plainly substantiates that the 50-day moving average of ARRIS International plc is $24.09, and stock is hovering 3.10 or +12.85% distant from $24.09. It is noted that the 200-day MA is $23.50, and ARRIS International plc stock is $3.69 or +15.68% off from this point. ARRIS Group, Inc. (NASDAQ:ARRS) 52-week high is $32.93 and the 52-week low is $20.05. This explains if the stock moves $-5.74, it will post a 52-week high. In event of $+35.61% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of ARRIS International plc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, ARRIS Group, Inc. (NASDAQ:ARRS) ratio came in at N/A. The stock last ended the trading session at $27.19 and registered a market cap of $5.18B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. ARRIS Group, Inc. (NASDAQ:ARRS) PEG ratio is at 0.48.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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