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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$53.07
Volume7.93M
Average Volume (3M)732.45K
Market Cap
$4.60B
Enterprise Value$7.52B
Total Cash (Recent Filing)$267.52M
Total Debt (Recent Filing)$3.19B
Price to Earnings (P/E)13.8
Beta0.90
Next Earnings
Jan 23, 2025EPS Estimate
$0.88Last Dividend Ex-Date
Dec 04, 2024Dividend Yield2.38%
Share Statistics
EPS (TTM)3.82
Shares Outstanding86,940,948
10 Day Avg. Volume1,471,869
30 Day Avg. Volume732,450
Standard Deviation0.09
R-Squared0.45
Alpha-0.00306
Financial Highlights & Ratios
Price to Book (P/B)0.92
Price to Sales (P/S)0.20
Price to Cash Flow (P/CF)10.80
P/FCF Ratio15.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.33
Enterprise Value/Gross Profit2.72
Enterprise Value/Ebitda8.90
Forecast
1Y Price Target
$53.00Price Target Upside-0.13% Downside
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 expectations and guidance, with an EPS of $0.92 that also exceeded projections.
Market DemandAsia is leading the demand recovery, showing year-over-year growth, which indicates a positive trend in market dynamics.
Strategic InitiativesAvnet is confident in achieving double-digit EBIT% through new leadership and cost optimization strategies.
Bears Say
EarningsFurther weakening of Farnell EBIT% is a negative surprise as a recovery will likely take several quarters.
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%.
Inventory ManagementInventory correction in the supply chain continues, and there is caution as the correction is expected to continue for a few more quarters.
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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 33 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 Overvalued.
Does Avnet pay dividends?
Avnet pays a Quarterly dividend of $0.33 which represents an annual dividend yield of 2.38%. 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 5.929%.
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:
$53.00 (-0.13% Downside)
$53.00 (-0.13% Downside)
Hedge Fund Trend
Decreased
By 62.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 10.8%
Last 30 Days ▲ 10.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.45%
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
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment with strong performance in Asia and better-than-expected cash flow and EPS, countered by significant challenges, particularly in EMEA and Farnell, and a decrease in gross margin. The company shows optimism for future growth in specific sectors like AI and data centers, but faces current headwinds in key markets and regions.Read More>---
AVT Stock 12 Month Forecast
Average Price Target
$53.00
▼(-0.13% Downside)
Technical Analysis
Best Analysts Covering AVT
1 Year
1 Year Success Rate
4/9 ratings generated profit
1 Year Average Return
-2.88%
reiterated a sell rating 16 days ago
Copying Joseph Quatrochi's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of -2.88% per trade.
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