Arrow Electronics, Inc.
) recently entered into a distribution agreement with Altia, Inc.
This will introduce Altia's wide range of user interface
development techniques to Arrow's distribution channel database
catering to the needs of its comprehensive clientele in North
The venture undertaken is to directly distribute Altia's
advanced and customized graphical user interfaces with the help
of the company's key silicon partners. By adding these solutions
to its offerings, Arrow will be engaged in supporting various
companies, which use less costly or high power graphics.
Management expressed its enthusiasm about the partnership by
stating that this agreement would allow Arrow to provide
best-in-class graphical interface services in the area of
medical, building control, automation and industrial control, and
retail and information kiosks. These solutions would easily cater
to the needs of Arrow's clients.
Recently Arrow's operating unit, Arrow Enterprise Computing
Solutions (ECS), signed a distribution agreement with Emerson
Network Power. With this contract, the company will distribute
Emerson's wide range of enterprise data center infrastructure
management (DCIM) services to its comprehensive clientele in the
United States. We believe that this latest agreement would
further enhance the company's performance moving ahead.
it should be noted that the company's domestic and foreign
operations are subject to significant competitive pressures from
the likes of
Richardson Electronics Ltd.
). Avnet's operating unit, Avnet Electronics Marketing Americas,
recently entered into a distribution contract with
Measurement Specialties, Inc.
). Hence, to compete successfully, Arrow must excel in terms of
product quality and innovation, customer service, technical and
computing capabilities and price competitiveness.
The current Zacks Consensus Estimates for Arrow are $1.09 and
$4.27 for the fourth quarter of 2012 and for 2012, respectively.
The estimates represent a year-over-year growth of (21.34%) for
the fourth quarter and (17.78%) for 2012. The company currently
retains a Zacks #4 Rank, which translates into a short-term
'Sell' rating. We also maintain a long-term 'Neutral'
recommendation on the stock.
ARROW ELECTRONI (ARW): Free Stock Analysis
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