×
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:AVT

Avnet Stock Forecast, Price & News

$42.68
+1.20 (+2.89%)
(As of 06/24/2022 04:00 PM ET)
Add
Compare
Today's Range
$41.71
$43.00
50-Day Range
$37.72
$49.07
52-Week Range
$35.71
$50.19
Volume
1.29 million shs
Average Volume
757,667 shs
Market Capitalization
$4.17 billion
P/E Ratio
8.07
Dividend Yield
2.44%
Price Target
$47.20
30 days | 90 days | 365 days | Advanced Chart

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.

AVT Stock Forecast (MarketRank)

Overall MarketRank

2.54 out of 5 stars

Computer And Technology Sector

183rd out of 922 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

2nd out of 12 stocks

Analyst Opinion: 2.2Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -
Avnet logo

About Avnet (NASDAQ:AVT)

Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; 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 integrated solutions, such as technical design, integration, and assembly of embedded products, and systems and solutions primarily for industrial applications, as well as for intelligent embedded and innovative embedded display solutions comprising touch and passive displays. Further, it 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 the Asia Pacific. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

AVT Stock News Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Electronic parts & equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:AVT
CIK
8858
Employees
14,500
Year Founded
N/A

Company Calendar

Last Earnings
4/27/2022
Ex-Dividend for 6/22 Dividend
6/07/2022
Dividend Payable
6/22/2022
Today
6/26/2022
Fiscal Year End
6/30/2022
Next Earnings (Estimated)
8/10/2022

Price Target and Rating

Average Stock Price Forecast
$47.20
High Stock Price Forecast
$57.00
Low Stock Price Forecast
$41.00
Forecasted Upside/Downside
+10.6%
Consensus Rating
Hold
Rating Score (0-4)
2.4
Research Coverage
5 Analysts

Profitability

Net Income
$193.11 million
Pretax Margin
2.92%

Debt

Sales & Book Value

Annual Sales
$19.53 billion
Cash Flow
$4.77 per share
Book Value
$41.05 per share

Miscellaneous

Free Float
96,607,000
Market Cap
$4.17 billion
Optionable
Optionable
Beta
1.27














Avnet Frequently Asked Questions

Should I buy or sell Avnet stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Avnet in the last year. There are currently 4 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Avnet stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AVT, but not buy additional shares or sell existing shares.
View analyst ratings for Avnet
or view top-rated stocks.

What is Avnet's stock price forecast for 2022?

5 brokerages have issued 1 year price targets for Avnet's shares. Their AVT stock forecasts range from $41.00 to $57.00. On average, they predict Avnet's share price to reach $47.20 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
View analysts' price targets for Avnet
or view top-rated stocks among Wall Street analysts.

How has Avnet's stock price performed in 2022?

Avnet's stock was trading at $41.23 at the start of the year. Since then, AVT shares have increased by 3.5% and is now trading at $42.68.
View the best growth stocks for 2022 here
.

When is Avnet's next earnings date?

Avnet is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our earnings forecast for Avnet
.

How were Avnet's earnings last quarter?

Avnet, Inc. (NASDAQ:AVT) announced its quarterly earnings data on Wednesday, April, 27th. The company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.63. The company had revenue of $6.49 billion for the quarter, compared to analyst estimates of $5.71 billion. Avnet had a net margin of 2.29% and a trailing twelve-month return on equity of 14.40%. Avnet's revenue was up 32.0% on a year-over-year basis. During the same quarter last year, the business posted $0.74 EPS.
View Avnet's earnings history
.

How often does Avnet pay dividends? What is the dividend yield for Avnet?

Avnet announced a quarterly dividend on Tuesday, May 24th. Stockholders of record on Wednesday, June 8th will be given a dividend of $0.26 per share on Wednesday, June 22nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend is Tuesday, June 7th.
View Avnet's dividend history
.

Is Avnet a good dividend stock?

Avnet(NASDAQ:AVT) pays an annual dividend of $1.04 per share and currently has a dividend yield of 2.44%. Avnet has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Avnet is 19.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Avnet will have a dividend payout ratio of 14.90% next year. This indicates that Avnet will be able to sustain or increase its dividend.
View Avnet's dividend history.

What guidance has Avnet issued on next quarter's earnings?

Avnet updated its fourth quarter earnings guidance on Wednesday, April, 27th. The company provided earnings per share guidance of $1.90-$2.00 for the period, compared to the consensus EPS estimate of $1.50. The company issued revenue guidance of $6.0-$6.4 billion, compared to the consensus revenue estimate of $5.78 billion.

Who are Avnet's key executives?

Avnet's management team includes the following people:

What is Avnet's stock symbol?

Avnet trades on the NASDAQ under the ticker symbol "AVT."

Who are Avnet's major shareholders?

Avnet's stock is owned by a variety of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (12.33%), Vanguard Group Inc. (11.07%), BlackRock Inc. (9.62%), Dimensional Fund Advisors LP (4.78%), State Street Corp (3.95%) and American Century Companies Inc. (3.28%). Company insiders that own Avnet stock include Dayna Badhorn, Elizabeth Mcmullen, James A Lawrence, Ken E Arnold, Kenneth A Jacobson, Leng Jin Chan, Maryann G Miller, Oleg Khaykin, Philip R Gallagher, Philip R Gallagher, Thomas Liguori and William H Schumann.
View institutional ownership trends for Avnet
.

Which major investors are selling Avnet stock?

AVT stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State Street Corp, Royce & Associates LP, Jupiter Asset Management Ltd., BlackRock Inc., Pzena Investment Management LLC, South Dakota Investment Council, and Mondrian Investment Partners LTD. Company insiders that have sold Avnet company stock in the last two years include Elizabeth Mcmullen, Ken E Arnold, Kenneth A Jacobson, Leng Jin Chan, Philip R Gallagher, Thomas Liguori, and William H Schumann.
View insider buying and selling activity for Avnet
or view top insider-selling stocks.

Which major investors are buying Avnet stock?

AVT stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Los Angeles Capital Management LLC, Fuller & Thaler Asset Management Inc., Victory Capital Management Inc., ARGA Investment Management LP, Citigroup Inc., Bank of America Corp DE, and LSV Asset Management. Company insiders that have bought Avnet stock in the last two years include Dayna Badhorn, and Oleg Khaykin.
View insider buying and selling activity for Avnet
or or view top insider-buying stocks.

How do I buy shares of Avnet?

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

What is Avnet's stock price today?

One share of AVT stock can currently be purchased for approximately $42.68.

How much money does Avnet make?

Avnet (NASDAQ:AVT) has a market capitalization of $4.17 billion and generates $19.53 billion in revenue each year. The company earns $193.11 million in net income (profit) each year or $5.289990 on an earnings per share basis.

How many employees does Avnet have?

Avnet employs 14,500 workers across the globe.

How can I contact Avnet?

Avnet's mailing address is 2211 SOUTH 47TH STREET, PHOENIX AZ, 85034. The official website for Avnet is www.avnet.com. The company can be reached via phone at (480) 643-2000, via email at [email protected], or via fax at 480-643-7370.

This page (NASDAQ:AVT) was last updated on 6/27/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.