ARRS

ARRIS International PLC

TMT


Presented:04/07/2017
Price:$26.41
Cap:$5.08B
Current Price:no data
Cap:no data

Presented

Date04/07/2017
Price$26.41
Market Cap$5.08B
Ent Value$7.00B
P/E Ratio330.12x
Book Value$16.77
Div Yield0%
Shares O/S192.40M
Ave Daily Vol2,157,702
Short IntN/A

Current

Priceno data
Market Capno data
ARRIS International Plc engages in entertainment and communications technology. It combines hardware, software, and services across the cloud, network, and home to power television and Internet for millions of people around the globe. The company operates through the following segments: Network & Cloud and Customer Premises Equipment. The company was founded on April 20, 2015 and is headquartered in Suwanee, GA.

Publicly traded companies mentioned herein: Arris International plc (ARRS), Charter Communications Inc (CHTR), Comcast Corp (CMCSA).

Highlights

The presenter is long shares of Arris (ARRS), seeing favorable dynamics from a mix-shift to higher margin verticals and holding a better-than-consensus view on near term outlook for the set-top box business. He believes headwinds are mostly understood by investors, and are overstated by bears. By his model, ARRS shares could appreciate to $35 based on a 10x multiple on $3.50 in 2018 earnings, with further upside if multiples expand.

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Idea Discussion

Commentor 1 - 2 weeks ago

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