Arris Group, Inc. (ARRS) shares are down 4.71% to $26.50 in extended trading Wednesday following the company’s fourth quarter earnings results.
The independent natural gas and oil firm reported earnings of $0.66 per share on revenues of $1.26 billion, up 5.4% from a year ago. Analysts were expecting EPS of $0.61 on revenues of $1.25 billion. For the full year 2014, revenues were $3.62 billion.
For Q1’15, ARRS provided EPS guidance of $0.40-0.45 versus consensus of $0.56 per share. The company also issued revenue projection of $1.20-$1.24 billion, compared to the consensus revenue estimate of $1.23 billion.
On valuation measures, Arris Group Inc. shares, which currently have an average 3-month trading volume of 1.38 million shares, trade at a trailing-12 P/E of 30.93, a forward P/E of 9.92 and a P/E to growth ratio of 0.51. The median Wall Street price target on the name is $35.00 with a high target of $40.00. Currently ticker boasts 6 ‘Buy’ endorsements, compared to 3 ’Holds’ and no ‘Sell’.
Profitability-wise, ARRS has a t-12 profit and operating margin of 2.50% and 6.59%, respectively. The $4.03B market cap company reported $593.82M in cash vs. $1.56B in debt in its most recent quarter.
ARRS currently prints a one year loss of 5.06%, and a year-to-date loss of 12.36%.
The chart below shows where the equity has traded over the last 52 weeks.
Arris Group Inc. provides media entertainment and data communications solutions in the United States and internationally. The company was founded in 1969 and is headquartered in Suwanee, Georgia.