Analysts See $1.82 EPS for Arrow Electronics, Inc. (ARW); Key Group Holdings Cayman LTD Cut Eqt (EQT) Stake

April 21, 2018 - By Michael Collier

Arrow Electronics, Inc. (NYSE:ARW) Logo

Analysts expect Arrow Electronics, Inc. (NYSE:ARW) to report $1.82 EPS on May, 3.They anticipate $0.36 EPS change or 24.66% from last quarter’s $1.46 EPS. ARW’s profit would be $159.49M giving it 10.69 P/E if the $1.82 EPS is correct. After having $2.51 EPS previously, Arrow Electronics, Inc.’s analysts see -27.49% EPS growth. The stock decreased 0.64% or $0.5 during the last trading session, reaching $77.85. About 787,711 shares traded or 48.86% up from the average. Arrow Electronics, Inc. (NYSE:ARW) has risen 4.15% since April 21, 2017 and is uptrending. It has underperformed by 7.40% the S&P500.

Key Group Holdings Cayman Ltd decreased Eqt Corp (EQT) stake by 24.05% reported in 2017Q4 SEC filing. Key Group Holdings Cayman Ltd sold 288,606 shares as Eqt Corp (EQT)’s stock declined 13.36%. The Key Group Holdings Cayman Ltd holds 911,394 shares with $51.88 million value, down from 1.20M last quarter. Eqt Corp now has $12.53 billion valuation. The stock decreased 1.78% or $0.86 during the last trading session, reaching $47.36. About 3.41 million shares traded. EQT Corporation (NYSE:EQT) has declined 19.22% since April 21, 2017 and is downtrending. It has underperformed by 30.77% the S&P500.

Among 21 analysts covering EQT Corporation (NYSE:EQT), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. EQT Corporation had 84 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained EQT Corporation (NYSE:EQT) rating on Tuesday, October 10. BMO Capital Markets has “Buy” rating and $75.0 target. BMO Capital Markets upgraded the shares of EQT in report on Tuesday, June 20 to “Outperform” rating. As per Wednesday, October 18, the company rating was maintained by Morgan Stanley. Seaport Global downgraded EQT Corporation (NYSE:EQT) on Friday, December 9 to “Neutral” rating. The rating was initiated by Cowen & Co on Tuesday, July 21 with “Outperform”. The firm has “Hold” rating given on Monday, June 19 by Jefferies. The stock of EQT Corporation (NYSE:EQT) earned “Hold” rating by RBC Capital Markets on Friday, October 6. The firm has “Equal-Weight” rating given on Thursday, August 17 by Morgan Stanley. The firm has “Outperform” rating by Credit Suisse given on Monday, October 24. As per Friday, August 14, the company rating was upgraded by Global Hunter Securities.

Investors sentiment increased to 2.45 in Q4 2017. Its up 1.37, from 1.08 in 2017Q3. It improved, as 39 investors sold EQT shares while 88 reduced holdings. 92 funds opened positions while 219 raised stakes. 227.29 million shares or 22.97% more from 184.83 million shares in 2017Q3 were reported. Thrivent For Lutherans owns 527,026 shares or 0.1% of their US portfolio. 6,060 are owned by Axa. Cushing Asset Management LP reported 140,850 shares stake. Norinchukin Commercial Bank The reported 19,575 shares. Panagora Asset Mgmt, Massachusetts-based fund reported 30,820 shares. Susquehanna Gru Llp accumulated 11,391 shares or 0% of the stock. Janney Montgomery Scott Ltd Liability holds 0.01% or 11,135 shares in its portfolio. Allen Invest Mgmt Ltd owns 12,712 shares or 0.03% of their US portfolio. Intact Mgmt reported 0.01% of its portfolio in EQT Corporation (NYSE:EQT). Sit Invest Associates Inc holds 0.01% of its portfolio in EQT Corporation (NYSE:EQT) for 6,200 shares. Advisory Services Net reported 228 shares or 0% of all its holdings. Huntington State Bank holds 12,370 shares or 0.01% of its portfolio. Virtus Investment Advisers reported 8,097 shares. Tokio Marine Asset Com Limited has invested 0.09% in EQT Corporation (NYSE:EQT). Key Grp Hldg (Cayman) stated it has 4.15% of its portfolio in EQT Corporation (NYSE:EQT).

Key Group Holdings Cayman Ltd increased Antero Res Corp (NYSE:AR) stake by 2.36M shares to 3.06M valued at $58.16 million in 2017Q4. It also upped Patterson Uti Energy Inc (NASDAQ:PTEN) stake by 411,751 shares and now owns 1.70M shares. Basic Energy Svcs Inc New was raised too.

Analysts await EQT Corporation (NYSE:EQT) to report earnings on April, 26 before the open. They expect $0.90 earnings per share, up 104.55% or $0.46 from last year’s $0.44 per share. EQT’s profit will be $238.02 million for 13.16 P/E if the $0.90 EPS becomes a reality. After $0.76 actual earnings per share reported by EQT Corporation for the previous quarter, Wall Street now forecasts 18.42% EPS growth.

Since January 1, 2018, it had 4 insider buys, and 0 sales for $88,104 activity. On Monday, January 1 Szydlowski Norman J bought $8,595 worth of EQT Corporation (NYSE:EQT) or 151 shares. $31,761 worth of stock was bought by Cary A. Bray Jr. on Monday, January 1.

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. The company has market cap of $6.82 billion. The firm operates in two divisions, Global Components and Global Enterprise Computing Solutions. It has a 17.38 P/E ratio. The Global Components segment markets and distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products consisting primarily of capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other services and products.

Among 12 analysts covering Arrow Electronics Inc. (NYSE:ARW), 8 have Buy rating, 1 Sell and 3 Hold. Therefore 67% are positive. Arrow Electronics Inc. had 20 analyst reports since July 29, 2015 according to SRatingsIntel. Citigroup downgraded the shares of ARW in report on Monday, May 2 to “Sell” rating. On Thursday, October 29 the stock rating was downgraded by Credit Agricole to “Outperform”. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, October 4. The rating was maintained by Goldman Sachs with “Buy” on Monday, May 9. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, September 20. On Tuesday, January 3 the stock rating was downgraded by Suntrust Robinson to “Hold”. The firm has “Hold” rating by Zacks given on Monday, August 31. Goldman Sachs upgraded the shares of ARW in report on Monday, March 14 to “Buy” rating. As per Thursday, January 18, the company rating was maintained by Stifel Nicolaus. Credit Agricole upgraded Arrow Electronics, Inc. (NYSE:ARW) on Wednesday, July 29 to “Buy” rating.

Arrow Electronics, Inc. (NYSE:ARW) Institutional Positions Chart

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