Free Trial
NASDAQ:AVT

Avnet (AVT) Stock Price, News & Analysis

$52.84
+1.00 (+1.93%)
(As of 07/26/2024 ET)
Today's Range
$52.19
$53.25
50-Day Range
$50.56
$54.95
52-Week Range
$42.67
$55.46
Volume
486,420 shs
Average Volume
604,706 shs
Market Capitalization
$4.78 billion
P/E Ratio
8.55
Dividend Yield
2.35%
Price Target
$45.00

Avnet MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
14.8% Downside
$45.00 Price Target
Short Interest
Bearish
3.80% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.12
Upright™ Environmental Score
News Sentiment
0.25mentions of Avnet in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$3.54 M Sold Last Quarter
Proj. Earnings Growth
2.37%
From $5.06 to $5.18 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.62 out of 5 stars

Computer And Technology Sector

239th out of 612 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

5th out of 7 stocks

AVT stock logo

About Avnet Stock (NASDAQ:AVT)

Avnet, Inc., distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions primarily for industrial applications, as well as embedded display solutions comprising touch and passive displays; and develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and Asia. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

AVT Stock Price History

AVT Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Avnet Launches Tria
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Avnet Names Rebeca Obregon New President of Farnell
Escape the Downturn: 3 Must-Sell Stocks Before July
Wells Fargo Reaffirms Their Sell Rating on Avnet (AVT)
Avnet declares $0.31 dividend
See More Headlines
Receive AVT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Avnet and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 6/18 Dividend
6/05/2024
Dividend Payable
6/18/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Electronic parts & equipment, not elsewhere classified
Sub-Industry
Wholesale
Current Symbol
NASDAQ:AVT
CIK
8858
Employees
15,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$45.00
High Stock Price Target
$50.00
Low Stock Price Target
$40.00
Potential Upside/Downside
-14.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
4 Analysts

Profitability

Net Income
$770.83 million
Pretax Margin
2.91%

Debt

Sales & Book Value

Annual Sales
$24.75 billion
Cash Flow
$9.95 per share
Book Value
$51.99 per share

Miscellaneous

Free Float
89,205,000
Market Cap
$4.78 billion
Optionable
Optionable
Beta
1.16
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives


AVT Stock Analysis - Frequently Asked Questions

How have AVT shares performed this year?

Avnet's stock was trading at $50.40 on January 1st, 2024. Since then, AVT shares have increased by 4.8% and is now trading at $52.84.
View the best growth stocks for 2024 here
.

How were Avnet's earnings last quarter?

Avnet, Inc. (NASDAQ:AVT) posted its quarterly earnings data on Wednesday, May, 1st. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by $0.01. Avnet's quarterly revenue was down 13.2% on a year-over-year basis.

Who are Avnet's major shareholders?

Avnet's top institutional investors include Greenhaven Associates Inc. (4.34%), Lind Value II ApS (1.34%), Bank of New York Mellon Corp (1.27%) and Raymond James & Associates (0.62%). Insiders that own company stock include Philip R Gallagher, Thomas Liguori, Ken E Arnold, Carlo Bozotti, James A Lawrence, William H Schumann and Elizabeth Mcmullen.
View institutional ownership trends
.

How do I buy shares of Avnet?

Shares of AVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AVT) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners