Avnet Company Profile (NYSE:AVT)

Analyst Ratings

Consensus Ratings for Avnet (NYSE:AVT) (?)
Ratings Breakdown: 2 Sell Rating(s), 5 Hold Rating(s), 1 Buy Rating(s)
Consensus Rating:Hold (Score: 1.88)
Consensus Price Target: $45.17 (10.62% upside)

Analysts' Ratings History for Avnet (NYSE:AVT)
Show:
DateFirmActionRatingPrice TargetActions
7/11/2016Longbow ResearchDowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/25/2016SunTrust Banks Inc.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/7/2016Goldman Sachs Group Inc.UpgradeSell -> Neutral$39.00 -> $41.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/2/2016Citigroup Inc.DowngradeBuy -> SellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/29/2016Brean CapitalDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/28/2016Credit Agricole SADowngradeOutperform -> UnderperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/27/2016Bank of America Corp.Initiated CoverageNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/31/2016Deutsche Bank AGReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/29/2016Stifel NicolausLower Price Target$48.00 -> $46.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/24/2015Cross ResearchUpgradeHold -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/23/2014 forward)

Earnings

Earnings History for Avnet (NYSE:AVT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/3/2016        
4/28/2016Q316$0.98$1.01$6.31 billion$6.17 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/28/2016Q216$1.25$1.22$7.25 billion$6.85 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/29/2015Q1$1.03$1.12$6.74 billion$6.97 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/5/2015Q415$1.08$1.16$6.90 billion$6.80 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2015Q315$1.07$1.04$6.87 billion$6.74 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2015Q215$1.21$1.27$7.35 billion$7.55 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2014Q115$0.97$1.02$6.71 billion$6.84 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2014Q414$1.10$1.14$6.94 billion$7.05 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2014Q314$1.08$1.03$6.93 billion$6.68 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2014Q214$1.10$1.17$6.97 billion$7.42 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/24/2013Q214$0.88$0.90$6.38 billion$6.35 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/7/2013Q4 2013$0.96$0.98$6.48 billion$6.59 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/25/2013Q3 2013$0.87$0.90$6.21 billion$6.30 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/24/2013Q2 2013$0.83$1.01$6.24 billion$6.70 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/25/2012$0.60$0.59ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/8/2012$1.08$0.99ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/26/2012$0.99$1.03ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/26/2012$1.04$1.15ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/27/2011$0.92$0.90ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/28/2011$0.99$1.10ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/27/2011$1.04$1.07ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Avnet (NYSE:AVT)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.98$0.98$0.98
Q2 20161$1.29$1.29$1.29
Q3 20161$1.03$1.03$1.03
Q4 20162$0.83$0.83$0.83
Q1 20172$0.81$0.84$0.83
Q2 20172$1.22$1.29$1.26
Q3 20172$1.05$1.09$1.07
Q4 20172$1.19$1.36$1.28
Q1 20181$1.05$1.05$1.05
Q2 20181$1.24$1.24$1.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Avnet (NYSE:AVT)
Annual Dividend:$0.68
Dividend Yield:1.67%
Payout Ratio:16.15% (Based on Trailing 12 Months of Earnings)
15.93% (Based on Current Year Consensus EPS Estimate)
15.45% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Avnet (NYSE:AVT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/13/2016quarterly$0.171.72%6/3/20166/7/20166/20/2016Tweet This Announcement  Share This Announcement on StockTwits
2/12/2016quarterly$0.171.7%2/26/20163/1/20163/14/2016Tweet This Announcement  Share This Announcement on StockTwits
11/13/2015quarterly$0.171.51%11/27/201512/1/201512/14/2015Tweet This Announcement  Share This Announcement on StockTwits
8/14/2015quarterly$0.171.58%9/4/20159/9/20159/18/2015Tweet This Announcement  Share This Announcement on StockTwits
5/15/2015quarterly$0.161.4%5/29/20156/2/20156/15/2015Tweet This Announcement  Share This Announcement on StockTwits
2/13/2015quarterly$0.161.41%2/27/20153/3/20153/16/2015Tweet This Announcement  Share This Announcement on StockTwits
11/7/2014quarterly$0.161.47%11/28/201412/2/201412/15/2014Tweet This Announcement  Share This Announcement on StockTwits
8/8/2014quarterly$0.161.56%9/4/20149/8/20149/19/2014Tweet This Announcement  Share This Announcement on StockTwits
5/12/2014quarterly$0.151.4%5/30/20146/3/20146/16/2014Tweet This Announcement  Share This Announcement on StockTwits
2/14/2014quarterly$0.151.37%2/28/20143/4/20143/17/2014Tweet This Announcement  Share This Announcement on StockTwits
11/7/2013quarterly$0.151.49%11/29/201312/3/201312/16/2013Tweet This Announcement  Share This Announcement on StockTwits
8/12/2013quarterly$0.159/10/20139/20/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Avnet (NYSE:AVT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
9/10/2015James A LawrenceDirectorBuy46,700$42.60$1,989,420.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/9/2015Maryann G MillerSVPSell9,562$42.45$405,906.90View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/25/2015Steven R PhillipsSVPSell6,455$46.30$298,866.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/18/2015Steven R PhillipsSVPSell3,154$45.16$142,434.64View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/14/2014Steven R PhillipsSVPSell5,474$42.88$234,725.12View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/7/2014Gerard FaySVPSell2,420$43.60$105,512.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/11/2014James A LawrenceDirectorBuy191,000$41.43$7,913,130.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/6/2014Steven PhillipsSVPSell12,398$42.15$522,575.70View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/29/2014Gerard FaySVPSell3,036$42.96$130,426.56View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/7/2014Richard HamadaCEOSell9,856$46.07$454,065.92View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/4/2014Ray RobinsonDirectorSell3,800$43.38$164,844.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/30/2014Frank NoonanDirectorSell3,003$41.23$123,813.69View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/15/2013Harley FeldbergSVPSell11,500$42.00$483,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/12/2013Richard HamadaCEOSell15,843$40.97$649,087.71View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/31/2013Ray M RobinsonDirectorSell2,300$40.00$92,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/30/2013Harley FeldbergSVPSell12,171$40.00$486,840.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/28/2013Maryann MillerVPSell11,000$39.13$430,430.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/23/2013Gerard FayVPSell1,367$39.44$53,914.48View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/20/2013Harley FeldbergSVPSell29,000$39.72$1,151,880.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/19/2013Steven PhillipsSVPSell5,433$39.00$211,887.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/16/2013Ray RobinsonDirectorSell1,025$38.79$39,759.75View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/15/2013Philip GallagherSVPSell8,300$39.05$324,115.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Avnet (NYSE:AVT)
DateHeadline
07/23/16 04:40 AMFriday Session Wrap-up for Avnet, Inc. (NYSE:AVT) - Engelwood Daily
07/22/16 02:39 PMBrokers Issue Average Price Target Of 42.80 On Avnet, Inc. (NYSE:AVT) - Fiscal Standard
07/22/16 10:53 AMAvnet Inc.: Avnet Silica develops partnerships to provide full range of edge-to-enterprise IOT connectivity solutions
07/22/16 09:48 AMAvnet Silica develops partnerships to provide full range of edge-to-enterprise IOT connectivity solutions - [at noodls] - Poing, Germany - Avnet Silica, an Avnet, Inc. (NYSE: AVT) company, today announces partnerships with Arkessa, a leading M2M managed services provider; Spica Technologies Ltd, who offer cloud based service ...
07/22/16 07:18 AMAvnet, Inc. Schedules Fourth Quarter and Fiscal Year 2016 Earnings Announcement - [at noodls] - PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (NYSE:AVT), a global technology distributor, announced today that its fourth quarter fiscal year 2016 earnings announcement is scheduled to be webcast live via the ...
07/21/16 02:41 PMAvnet, Inc. (NYSE:AVT): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily
07/21/16 08:00 AMCree Expands LED Components Distribution Network with Avnet - [Business Wire] - Cree, Inc. and Avnet, Inc. , a leading global technology distributor, announced a strategic agreement that expands coverage in the Americas for the distribution of Cree's comprehensive portfolio of innovative LED components including high-power, Chip-on-Board, high brightness and LED modules.
07/20/16 03:53 PMNew Broker Ratings For Avnet, Inc. (NYSE:AVT) - FTSE News
07/20/16 03:53 PMEarnings Focus and Crowd Sourced Sentiment Review for Avnet, Inc. (NYSE:AVT) - TGP
07/20/16 10:45 AMShares Lower on the Year Avnet, Inc. (NYSE:AVT) - Press Telegraph
07/20/16 10:45 AMStock Strength in Focus for Avnet, Inc. (NYSE:AVT) - Press Telegraph
07/20/16 10:45 AMHow Many Avnet, Inc. (NYSE:AVT)'s Analysts Are Bearish? - Consumer Eagle
07/20/16 10:00 AMAvnet Introduces Mobility Solutions Framework Based on EMC Hyper-Converged Infrastructure Appliance and Microsoft Enterprise Mobility Suite - [Business Wire] - Avnet, Inc. , a leading global technology distributor, today introduced its offering of the VCE® VxRail™ Appliance Microsoft® Enterprise Mobility Suite™ Mobility Solutions Framework, a new solution for the mid-market that links private cloud, public cloud and mobile device functionality.
07/19/16 02:42 PMEquity Roundup: Stock Performance Focus on Avnet, Inc. (NYSE:AVT) - Press Telegraph
07/19/16 02:21 PMBRIEF-Dialog Semiconductor takes distribution agreement global with Avnet - * Dialog Semiconductor takes distribution agreement global with avnet (news with additional features)
07/19/16 08:51 AMDGAP-News: Dialog Semiconductor Plc.: Dialog Semiconductor Takes Distribution Agreement Global with Avnet (news with additional features)
07/19/16 08:51 AMDialog Semiconductor Plc.: Dialog Semiconductor Takes Distribution Agreement Global with Avnet (news with additional features)
07/19/16 08:51 AMDialog Semiconductor Expands Distribution Deal With Avnet Globally
07/18/16 02:44 PMAvnet, Inc. (NYSE:AVT) Broker Price Targets For The Coming Week - Fiscal Standard
07/18/16 07:33 AMStrong Sell Calls For Avnet, Inc. (NYSE:AVT) At 0 - Investor Newswire
07/17/16 07:24 AMShares Moving Down on the Week: Avnet, Inc. (NYSE:AVT) - Engelwood Daily
07/17/16 07:24 AMShare Performance Summary for: Avnet, Inc. (NYSE:AVT) - Press Telegraph
07/15/16 06:56 PM3 Stocks in Focus: Avnet, Inc. (AVT), Juniper Networks, Inc. (JNPR), The Western Union Company (WU) - iStreetWire
07/15/16 06:56 PMAvnet Inc. (AVT) is Trading Higher on Unusual Volume for July 14 - Equities.com
07/14/16 02:42 PMAvnet, Inc. (NYSE:AVT) Earnings Concentration and Analyst Target Watch - Engelwood Daily
07/14/16 02:42 PMAvnet Inc. (AVT) is Trading Higher on Unusual Volume for July 12 - Equities.com
07/13/16 08:07 PMAvnet Inc. (AVT) is Trading Higher on Unusual Volume for July 12
07/13/16 11:28 AMSimpliVity Signs Distributor Agreement with Avnet to Deliver Hyperconverged Infrastructure in the US and Latin America - [at noodls] - WESTBOROUGH, Mass. and PHOENIX - SimpliVity, a leader in hyperconverged infrastructure that's revolutionizing enterprise IT, and Avnet, a leading global technology distributor, today announced an agreement ...
07/12/16 08:08 PMAvnet Names William Amelio Interim CEO, Cuts Outlook For Q4
07/12/16 08:08 PMAvnet Board: Change in Leadership Needed Following Plunging Quarterly Revenues
07/12/16 08:08 PMAvnet (AVT) CEO Hamada Resigns; Interim CEO Named; Q4 Outlook Trimmed
07/12/16 02:44 PMNYSE Losers: Leidos Holdings, Inc. (NYSE:LDOS), Avnet, Inc. (NYSE:AVT), Sanchez Energy Corporation (NYSE:SN ... - KC Register
07/12/16 02:44 PMServices Sector Losers: Avnet, Inc. (NYSE:AVT), Birks Group Inc. (NYSEMKT:BGI), Commercial Vehicle Group Inc ... - KC Register
07/12/16 02:44 PMActive Runners in Thrust- Avnet, Inc. (NYSE:AVT), Canadian Solar (NASDAQ:CSIQ), Kratos Defense & Security ... - Seneca Globe
07/12/16 02:44 PMCharles Schwab (NYSE:SCHW) & Avnet, Inc. (NYSE:AVT) Traders Recap - Money News (press release)
07/12/16 02:44 PMPerformance to see: Avnet, Inc. (NYSE:AVT) - News Oracle
07/12/16 05:29 AMTrading Performance and Target Watch for Avnet, Inc. (NYSE:AVT) - Press Telegraph
07/12/16 05:29 AMStock Down on the Year Avnet, Inc. (NYSE:AVT) - Press Telegraph
07/11/16 07:42 PMAvnet, Inc. (NYSE:AVT) Wall Street Analyst Recommendation Outlook - Telanagana Press
07/11/16 02:39 PMStock Volatility Focus for: Avnet, Inc. (NYSE:AVT) - Engelwood Daily
07/11/16 01:54 PMBREAKING: Avnet's Hamada out as CEO, interim chief executive named -
07/11/16 08:45 AMAvnet Appoints William Amelio Interim CEO, Cuts Q4 outlook - Avnet, Inc. (NYSE: AVT) revealed that it appointed a member of its Board of Director, William Amelio, as interim CEO effective immediately. Amelio would replace Rick Hamada, who resigned his position from both the CEO, as well as the Director. The company also slashed its forecast for the fourth quarter that ended July 2. Avnet said it expects its adjusted earnings between $0.80 and $0.86 a share, down from the earlier projection of $0.95-$1.05 a share. Similarly, the company also reduced its sales forecast to $6.15-$6.25 billion from the previous guidance of $6.25 billion. Street analysts are looking for earnings ...Full story available on Benzinga.com
07/11/16 08:36 AMAvnet, Inc. breached its 50 day moving average in a Bullish Manner : AVT-US : July 11, 2016 -
07/11/16 08:24 AMAvnet downgraded by Longbow -
07/11/16 07:29 AMAvnet (AVT) CEO Hamada Resigns; Interim CEO Named; Q4 Outlook Trimmed - StreetInsider.com
07/11/16 07:29 AMCompany Stock Focus for Avnet, Inc. (NYSE:AVT): Which Way Will Shares Head? - Press Telegraph
07/11/16 07:29 AMIs $48 Within Reach For Avnet, Inc. (NYSE:AVT)? - Investor Newswire
07/11/16 06:23 AMAvnet names interim CEO, lowers fourth-quarter outlook -
07/11/16 06:13 AMAvnet Names William Amelio Interim CEO - [at noodls] - Company Issues Revised Guidance for Q4 2016 PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (NYSE: AVT), a leading global technology distributor, announced today that William ('Bill') J. Amelio, a member of Avnet's ...
07/11/16 06:02 AM7:02 am Avnet CEO Rick Hamada steps down; co appoints William Amelio as Interim CEO -

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About Avnet

Avnet logoAvnet, Inc. distributes electronic components, enterprise computer and storage products, information technology solutions and services, and embedded subsystems. The Company operates in two segments: Electronics Marketing (EM) and Technology Solutions (TS). Both operating groups have operations in each of the three economic regions of the world: the Americas; Europe, the Middle East and Africa; and Asia/Pacific, consisting of Asia, Australia and New Zealand. The EM segment markets and sells semiconductors and interconnect, passive and electromechanical devices, and embedded products to a diverse customer base serving many end-markets. The TS segment focuses on the distribution of enterprise computing servers and systems, software, storage, services and complex solutions from the technology manufacturers. The TS segment also provides hard disk drives, microprocessor, motherboard and dynamic random-access memory module technologies to manufacturers of computers and system builders.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Electronics Wholesale
  • Sub-Industry: Technology Distributors
  • Exchange: NYSE
  • Symbol: AVT
  • CUSIP: 05380710
Key Metrics:
  • Previous Close: $40.77
  • 50 Day Moving Average: $40.99
  • 200 Day Moving Average: $41.26
  • P/E Ratio: 9.71
  • P/E Growth: 3.99
  • Market Cap: $5.25B
  • Beta: 1.23
  • Current Year EPS Consensus Estimate: $4.27 EPS
  • Next Year EPS Consensus Estimate: $4.4 EPS
Additional Links:
Avnet (NYSE:AVT) Chart for Saturday, July, 23, 2016