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Avnet (AVT)
NASDAQ:AVT
Holding AVT?
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AVT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.67 - $55.80
Previous Close$50.74
Volume393.93K
Average Volume (3M)590.08K
Market Cap
$4.57B
Enterprise Value$7.38B
Total Cash (Recent Filing)$310.94M
Total Debt (Recent Filing)$3.13B
Price to Earnings (P/E)9.5
Beta0.94
Next Earnings
Oct 24, 2024EPS Estimate
$0.85Next Dividend Ex-Date
Sep 11, 2024Dividend Yield2.39%
Share Statistics
EPS (TTM)5.41
Shares Outstanding88,112,466
10 Day Avg. Volume552,967
30 Day Avg. Volume590,084
Standard Deviation0.09
R-Squared0.43
Alpha-0.00352
Financial Highlights & Ratios
Price to Book (P/B)1.10
Price to Sales (P/S)0.19
Price to Cash Flow (P/CF)4.20
P/FCF Ratio3.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.31
Enterprise Value/Gross Profit2.67
Enterprise Value/Ebitda7.13
Forecast
1Y Price Target
$52.25Price Target Upside2.98% Upside
Rating ConsensusHold
Number of Analyst Covering4
Avnet News
PremiumCompany Announcements
Avnet Announces New Board Members and Audit Committee Appointments
Bulls Say, Bears Say
Bulls Say
DividendsAvnet announced a 6% dividend increase and raised its share repurchase authorization to $600 million.
Financial PerformanceDespite a challenging operating environment, Avnet delivered fourth-quarter revenue of $5.6 billion, above the high end of its guidance range, and an EPS of $1.22, in line with the high end of guidance.
Growth PotentialAsia continues to be a relative bright spot with revenue up in all product groups.
Bears Say
Book-to-Bill RatioAvnet's book-to-bill ratio remains below 1.0x, indicating that current demand is not keeping up with supply, although there has been slight improvement quarter over quarter.
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.
Operating MarginOverall operating margin for F1Q25 declines about 50 basis points to under 3.0% and the Electronic Components segment is expected to remain below 4.0% until the second half of the fiscal year.
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Ownership Overview
3.31% Insiders
33.79% Mutual Funds
61.39% Other Institutional Investors
1.51% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AVT FAQ
What was Avnet’s price range in the past 12 months?
Avnet lowest stock price was $42.67 and its highest was $55.80 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 Oct 24, 2024 which is in 46 days.
How were Avnet’s earnings last quarter?
Avnet released its earnings results on Aug 08, 2024. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.947 by $0.273.
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 2.39%. See more information on Avnet dividends here
What is Avnet’s EPS estimate?
Avnet’s EPS estimate is $0.85.
How many shares outstanding does Avnet have?
Avnet has 88,112,465 shares outstanding.
What happened to Avnet’s price movement after its last earnings report?
Avnet reported an EPS of $1.22 in its last earnings report, beating expectations of $0.947. Following the earnings report the stock price went up 6.868%.
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 442M.
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Avnet Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$52.25 (2.98% Upside)
$52.25 (2.98% Upside)
Hedge Fund Trend
Decreased
By 2.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.36%
12-Months-Change
Fundamentals
Return on Equity
10.31%
Trailing 12-Months
Asset Growth
-2.18%
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
Q4 2024
0:00 / 0:00
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AVT Stock 12 Month Forecast
Average Price Target
$52.25
▲(2.98% Upside)
Technical Analysis
Best Analysts Covering AVT
1 Year
1 Year Success Rate
3/7 ratings generated profit
1 Year Average Return
-2.13%
reiterated a sell rating 20 days ago
Copying Joseph Quatrochi's trades and holding each position for 1 Year would result in 42.86% of your transactions generating a profit, with an average return of -2.13% per trade.
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