Arris Group, Inc. (ARRS) Remains Attractive For Value-Oriented Investors

CL King & Associates has released an update on Arris Group, Inc. (NASDAQ: ARRS). The company is scheduled to report results for the fourth-quarter on February 10, 2010.

According to CL King, the company remains attractive for value-oriented investors. The company is currently trading at a multiple of 9x the FY10 EPS estimate of $1.03. CL King & Associates estimates the company to report EPS of $0.30 for the fourth-quarter on revenue of $297 million. The consensus EPS estimate is of $0.28 on revenue of $295 million.

According to CL King & Associates, the company’s sales in the international market are accelerating. CL King & Associates has an Accumulate rating for Arris Group, Inc., with a price target of $14.