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Avnet (AVT)
NASDAQ:AVT
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AVT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.62 - $59.24
Previous Close$52.92
Volume52.18K
Average Volume (3M)599.50K
Market Cap
$4.58B
Enterprise Value$7.46B
Total Cash (Recent Filing)$267.52M
Total Debt (Recent Filing)$3.19B
Price to Earnings (P/E)13.7
Beta0.91
Next Earnings
Jan 23, 2025EPS Estimate
$0.88Last Dividend Ex-Date
Sep 11, 2024Dividend Yield2.41%
Share Statistics
EPS (TTM)3.82
Shares Outstanding86,940,948
10 Day Avg. Volume634,119
30 Day Avg. Volume599,501
Standard Deviation0.09
R-Squared0.45
Alpha-0.00247
Financial Highlights & Ratios
Price to Book (P/B)0.91
Price to Sales (P/S)0.20
Price to Cash Flow (P/CF)10.70
P/FCF Ratio15.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.32
Enterprise Value/Gross Profit2.70
Enterprise Value/Ebitda8.83
Forecast
1Y Price Target
$54.00Price Target Upside1.18% Upside
Rating ConsensusHold
Number of Analyst Covering4
Avnet News
PremiumCompany Announcements
Avnet’s 2025 Q1 Earnings: Sales and Growth Insights
PremiumPre-Earnings
Avnet (AVT) Q1 Earnings Cheat SheetBulls Say, Bears Say
Bulls Say
Financial PerformanceAVT delivered F1Q revenue of $5.6 billion, surpassing both its guidance range and market expectations, with an EPS also exceeding projections.
Market DemandAsia leads in demand recovery with year-over-year growth, highlighting a regional resurgence in all product groups.
Strategic InitiativesAvnet announced a 6% dividend increase and expanded its share repurchase authorization to $600 million, aligning with its capital allocation strategy.
Bears Say
Earnings GuidanceGuidance for F1Q was lower than Street estimates and calls for greater-than-seasonal sales declines in the Western regions and below-seasonal sales growth in Asia.
Financial PerformanceFarnell's catalog business has much weaker margins than expected, with operating margin at 0.5% versus an expectation for flat at 4.0%.
Market DemandDemand in Western regions remains choppy, with EMEA bookings particularly weak in the industrial sector.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
AVT FAQ
What was Avnet’s price range in the past 12 months?
Avnet lowest stock price was $43.62 and its highest was $59.24 in the past 12 months.
What is Avnet’s market cap?
Currently, no data Available
When is Avnet’s upcoming earnings report date?
Avnet’s upcoming earnings report date is Jan 23, 2025 which is in 63 days.
How were Avnet’s earnings last quarter?
Avnet released its earnings results on Oct 30, 2024. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.858 by $0.062.
Is Avnet overvalued?
According to Wall Street analysts Avnet’s price is currently Undervalued.
Does Avnet pay dividends?
Avnet pays a Quarterly dividend of $0.33 which represents an annual dividend yield of 2.41%. See more information on Avnet dividends here
What is Avnet’s EPS estimate?
Avnet’s EPS estimate is $0.88.
How many shares outstanding does Avnet have?
Avnet has 86,940,950 shares outstanding.
What happened to Avnet’s price movement after its last earnings report?
Avnet reported an EPS of $0.92 in its last earnings report, beating expectations of $0.858. Following the earnings report the stock price went up 5.931%.
Which hedge fund is a major shareholder of Avnet?
Among the largest hedge funds holding Avnet’s share is Pzena Investment Management LLC. It holds Avnet’s shares valued at 449M.
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Avnet Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$54.00 (1.18% Upside)
$54.00 (1.18% Upside)
Hedge Fund Trend
Decreased
By 62.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $199.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.14%
12-Months-Change
Fundamentals
Return on Equity
7.07%
Trailing 12-Months
Asset Growth
-0.39%
Trailing 12-Months
Company Description
Avnet
Avnet, Inc. engages in the distribution and sale of electronic components. It operates through the Electronics Components and Farnell segments. The Electronics Components segment markets and sells semiconductors, interconnect, passive and electromechanical devices, and integrated components. The Farnell segment involves in the distribution of electronic components and related products to the electronic system design community utilizing multi-channel sales and marketing resources. The company was founded by Charles Avnet in 1921 and is headquartered in Phoenix, AZ.
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AVT Company Deck
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AVT Earnings Call
Q1 2024
0:00 / 0:00
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AVT Stock 12 Month Forecast
Average Price Target
$54.00
▲(1.18% Upside)
Technical Analysis
Best Analysts Covering AVT
1 Year
1 Year Success Rate
4/8 ratings generated profit
1 Year Average Return
-2.84%
reiterated a sell rating 23 days ago
Copying Joseph Quatrochi's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -2.84% per trade.
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