ARRS

ARRIS Group Inc.

TMT


Presented:02/12/2015
Price:$26.69
Cap:$3.86B
Current Price:no data
Cap:no data

Presented

Date02/12/2015
Price$26.69
Market Cap$3.86B
Ent Value$4.83B
P/E Ratio31.09x
Book Value$10.29
Div YieldN/A
Shares O/S144.78M
Ave Daily Vol1,360,000
Short Int7.69%

Current

Priceno data
Market Capno data
ARRIS Group, Inc. provides media entertainment and data communications solutions in the United States and internationally. The company operates in two segments, Customer Premises Equipment and Network & Cloud. The Customer Premises Equipment segment offers various product solutions, including set-top boxes, gateways, digital subscriber lines and cable modems, and embedded multimedia terminal adapters and voice/data modems that enable service providers to offer voice, video, and high-speed data services to residential and business subscribers. The Network & Cloud segment provides hybrid fiber coax equipment, edge routers, metro Wi-Fi, video management, storage, and distribution equipment for cable providers; and fiber-based and copper-based broadband transmission equipment for telco providers. This segment also offers video headend management system for legacy moving picture experts group/digital video broadcasting systems, as well as full Internet protocol video systems; support for multi-screen video management, protection, monetization, and delivery; and various products for performance management, configuration, and surveillance. ARRIS Group, Inc. was founded in 1969 and is headquartered in Suwanee, Georgia.

Publicly traded companies mentioned herein: ARRIS Group Inc (ARRS), AT&T Inc (T), Comcast Corporation (CMCSA), DIRECTV (DTV), Google Inc (GOOG), Pace PLC (PIC LN), Time Warner Cable (TWC)

Highlights

The presenter is long shares of ARRIS Group (ARRS) and believes the short thesis has some valid points that could impact results near-term; however, in his view management has been transparent about the current risks (principally that capex has “ground to a halt” due to M&A) and “everyone knows” the set top box business is competitive and declining. With risks largely priced into the stock at current levels (~$26) and an upgrade cycle coming, his longer term view is decidedly more optimistic.

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Idea Discussion

Commentor 1 - 2 weeks ago

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