Avnet Company Profile (NYSE:AVT)

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: $42.14
  • 50 Day Moving Average: $41.26
  • 200 Day Moving Average: $41.23
  • 52-Week Range: $37.10 - $46.95
  • Trailing P/E Ratio: 11.09
  • Foreward P/E Ratio: 8.65
  • P/E Growth: 1.26
  • Market Cap: $5.37B
  • Outstanding Shares: 127,365,000
  • Beta: 1.27
  • Net Margins: 1.93%
  • Return on Equity: 11.99%
  • Return on Assets: 5.05%
  • Debt-to-Equity Ratio: 0.29%
  • Current Ratio: 1.82%
  • Quick Ratio: 1.24%
Additional Links:
Companies Related to Avnet:

Analyst Ratings

Consensus Ratings for Avnet (NYSE:AVT) (?)
Ratings Breakdown: 3 Sell Ratings, 5 Hold Ratings, 2 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Hold (Score: 2.09)
Consensus Price Target: $43.75 (3.82% upside)

Analysts' Ratings History for Avnet (NYSE:AVT)
DateFirmActionRatingPrice TargetDetails
10/21/2016Longbow ResearchUpgradeNeutral -> BuyView Rating Details
10/4/2016Raymond James Financial Inc.UpgradeOutperform -> Strong-Buy$52.00View Rating Details
9/22/2016Citigroup Inc.Lower Price TargetSell$37.00 -> $35.00View Rating Details
9/20/2016Credit Agricole SASet Price TargetSell$43.00View Rating Details
9/20/2016Cross ResearchDowngradeHold -> SellView Rating Details
9/20/2016Stifel NicolausDowngradeBuy -> Hold$47.00 -> $44.00View Rating Details
8/11/2016Brean CapitalReiterated RatingHoldView Rating Details
6/25/2016SunTrust Banks Inc.Reiterated RatingBuyView Rating Details
6/7/2016Goldman Sachs Group Inc.UpgradeSell -> Neutral$39.00 -> $41.00View Rating Details
4/27/2016Bank of America Corp.Initiated CoverageNeutralView Rating Details
1/31/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
(Data available from 10/28/2014 forward)


Earnings History for Avnet (NYSE:AVT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016Q117$0.90$0.91$6.10 billion$6.04 billionViewListenView Earnings Details
8/10/2016Q416$0.88$0.86$6.21 billion$6.20 billionViewListenView Earnings Details
4/28/2016Q316$0.98$1.01$6.31 billion$6.17 billionViewListenView Earnings Details
1/28/2016Q216$1.25$1.22$7.25 billion$6.85 billionViewListenView Earnings Details
10/29/2015Q1$1.03$1.12$6.74 billion$6.97 billionViewListenView Earnings Details
8/5/2015Q415$1.08$1.16$6.90 billion$6.80 billionViewN/AView Earnings Details
4/23/2015Q315$1.07$1.04$6.87 billion$6.74 billionViewN/AView Earnings Details
1/22/2015Q215$1.21$1.27$7.35 billion$7.55 billionViewN/AView Earnings Details
10/23/2014Q115$0.97$1.02$6.71 billion$6.84 billionViewListenView Earnings Details
8/6/2014Q414$1.10$1.14$6.94 billion$7.05 billionViewN/AView Earnings Details
4/24/2014Q314$1.08$1.03$6.93 billion$6.68 billionViewN/AView Earnings Details
1/22/2014Q214$1.10$1.17$6.97 billion$7.42 billionViewN/AView Earnings Details
10/24/2013Q214$0.88$0.90$6.38 billion$6.35 billionViewListenView Earnings Details
8/7/2013Q4 2013$0.96$0.98$6.48 billion$6.59 billionViewN/AView Earnings Details
4/25/2013Q3 2013$0.87$0.90$6.21 billion$6.30 billionViewListenView Earnings Details
1/24/2013Q2 2013$0.83$1.01$6.24 billion$6.70 billionViewN/AView Earnings Details
10/25/2012$0.60$0.59ViewN/AView Earnings Details
8/8/2012$1.08$0.99ViewN/AView Earnings Details
4/26/2012$0.99$1.03ViewN/AView Earnings Details
1/26/2012$1.04$1.15ViewN/AView Earnings Details
10/27/2011$0.92$0.90ViewN/AView Earnings Details
4/28/2011$0.99$1.10ViewN/AView Earnings Details
1/27/2011$1.04$1.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Avnet (NYSE:AVT)
Current Year EPS Consensus Estimate: $4.31 EPS
Next Year EPS Consensus Estimate: $4.87 EPS
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$0.89$0.91$0.90
Q2 20172$1.13$1.16$1.15
Q3 20172$0.92$1.08$1.00
Q4 20172$1.18$1.19$1.19
Q1 20181$1.05$1.05$1.05
Q2 20181$1.27$1.27$1.27
(Data provided by Zacks Investment Research)


Current Dividend Information for Avnet (NYSE:AVT)
Annual Dividend:$0.68
Dividend Yield:1.61%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:17.85% (Based on Trailing 12 Months of Earnings)
15.78% (Based on Current Year Consensus EPS Estimate)
13.96% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Avnet (NYSE:AVT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Avnet (NYSE:AVT)
Insider Ownership Percentage: 1.47%
Institutional Ownership Percentage: 94.79%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/10/2015James A LawrenceDirectorBuy46,700$42.60$1,989,420.00View SEC Filing  
9/9/2015Maryann G MillerSVPSell9,562$42.45$405,906.90View SEC Filing  
2/25/2015Steven R PhillipsSVPSell6,455$46.30$298,866.50View SEC Filing  
2/18/2015Steven R PhillipsSVPSell3,154$45.16$142,434.64View SEC Filing  
11/14/2014Steven R PhillipsSVPSell5,474$42.88$234,725.12View SEC Filing  
11/7/2014Gerard FaySVPSell2,420$43.60$105,512.00View SEC Filing  
8/11/2014James A LawrenceDirectorBuy191,000$41.43$7,913,130.00View SEC Filing  
5/6/2014Steven PhillipsSVPSell12,398$42.15$522,575.70View SEC Filing  
4/29/2014Gerard FaySVPSell3,036$42.96$130,426.56View SEC Filing  
4/7/2014Richard HamadaCEOSell9,856$46.07$454,065.92View SEC Filing  
3/4/2014Ray RobinsonDirectorSell3,800$43.38$164,844.00View SEC Filing  
1/30/2014Frank NoonanDirectorSell3,003$41.23$123,813.69View SEC Filing  
11/15/2013Harley FeldbergSVPSell11,500$42.00$483,000.00View SEC Filing  
11/12/2013Richard HamadaCEOSell15,843$40.97$649,087.71View SEC Filing  
10/31/2013Ray M RobinsonDirectorSell2,300$40.00$92,000.00View SEC Filing  
10/30/2013Harley FeldbergSVPSell12,171$40.00$486,840.00View SEC Filing  
8/28/2013Maryann MillerVPSell11,000$39.13$430,430.00View SEC Filing  
8/23/2013Gerard FayVPSell1,367$39.44$53,914.48View SEC Filing  
8/20/2013Harley FeldbergSVPSell29,000$39.72$1,151,880.00View SEC Filing  
8/19/2013Steven PhillipsSVPSell5,433$39.00$211,887.00View SEC Filing  
8/16/2013Ray RobinsonDirectorSell1,025$38.79$39,759.75View SEC Filing  
8/15/2013Philip GallagherSVPSell8,300$39.05$324,115.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Avnet (NYSE:AVT)
News IconAvnet Sales Down 13.3% in Fiscal 1Q (NYSE:AVT)
www.mdm.com - October 27 at 9:15 PM
bizjournals.com logoAvnet sees income, revenue drops as company undergoes strategic transition (NYSE:AVT)
www.bizjournals.com - October 27 at 3:55 PM
News IconAvnet Silica unveils expertise and system solutions for embedded vision applications (NYSE:AVT)
www.pressebox.com - October 27 at 8:06 AM
businesswire.com logoAvnet Reports First Quarter Fiscal Year 2017 Results (NYSE:AVT)
www.businesswire.com - October 27 at 8:06 AM
nasdaq.com logoAvnet Inc Q1 Income Declines 23% (NYSE:AVT)
www.nasdaq.com - October 27 at 8:06 AM
sg.finance.yahoo.com logoAvnet beats 1Q profit forecasts (NYSE:AVT)
sg.finance.yahoo.com - October 27 at 8:06 AM
finance.yahoo.com logoAvnet (AVT) Q1 Earnings: Will it Pull Off a Surprise? (NYSE:AVT)
finance.yahoo.com - October 25 at 3:43 PM
biz.yahoo.com logoAVNET INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits (NYSE:AVT)
biz.yahoo.com - October 25 at 8:30 AM
feeds.reuters.com logoBRIEF-Avnet entered into amendment and waiver to the senior unsecured bridge credit agreement (NYSE:AVT)
feeds.reuters.com - October 24 at 5:58 PM
News IconAvnet Helps IBM Business Partners With Analytics (NYSE:AVT)
www.lightwaveonline.com - October 24 at 3:41 PM
4-traders.com logoAvnet : to Distribute Frequency Control Products from Bliley Technologies, Inc. in the Americas (NYSE:AVT)
www.4-traders.com - October 24 at 3:41 PM
publicnow.com logoAvnet Introduces Industry Analytics Initiative for IBM Business Partners (NYSE:AVT)
www.publicnow.com - October 24 at 3:40 PM
finance.yahoo.com logoAvnet to Distribute Frequency Control Products from Bliley Technologies, Inc. in the Americas (NYSE:AVT)
finance.yahoo.com - October 24 at 8:34 AM
finance.yahoo.com logoAvnet upgraded by Longbow (NYSE:AVT)
finance.yahoo.com - October 21 at 3:40 PM
capitalcube.com logoAvnet, Inc. : AVT-US: Dividend Analysis : September 07th, 2016 (record date) : By the numbers : October 21, 2016 (NYSE:AVT)
www.capitalcube.com - October 21 at 3:40 PM
seekingalpha.com logoAvnet upgraded to Buy at Longbow Research (NYSE:AVT)
seekingalpha.com - October 21 at 10:43 AM
News IconAvnet, Inc. (NYSE:AVT) Updated Broker Price Targets - The De Soto Edge (NYSE:AVT)
www.desotoedge.com - October 20 at 4:08 PM
marketexclusive.com logoAvnet, Inc. (NYSE:AVT) Files An 8-K - Market Exclusive (NYSE:AVT)
marketexclusive.com - October 20 at 4:08 PM
streetinsider.com logoAvnet (AVT) Completes GBP 691M Acquisition of Premier Farnell (NYSE:AVT)
www.streetinsider.com - October 20 at 9:35 AM
streetinsider.com logoAvnet (AVT) Completes Acquisition of Premier Farnell (NYSE:AVT)
www.streetinsider.com - October 19 at 4:31 PM
News IconShort Interest To Observe: Avnet Incorporated (NYSE:AVT) Can't Be More Risky. Short Interest Increased - Post News (NYSE:AVT)
www.kentuckypostnews.com - October 19 at 4:31 PM
News IconAvnet, Inc. (NYSE:AVT) topped earnings-per-share estimates 75% of the time - The Independent Republic (NYSE:AVT)
theindependentrepublic.com - October 19 at 4:31 PM
biz.yahoo.com logoAVNET INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:AVT)
biz.yahoo.com - October 19 at 8:34 AM
4-traders.com logoAvnet : Completes the Acquisition of Premier Farnell plc; Significantly Expands Customer Base and Digital Footprint Worldwide (NYSE:AVT)
www.4-traders.com - October 18 at 3:41 PM
capitalcube.com logoETF’s with exposure to Avnet, Inc. : October 18, 2016 (NYSE:AVT)
www.capitalcube.com - October 18 at 3:41 PM
News IconRecently Changed Price Targets On Avnet, Inc. (NYSE:AVT) - NewsDen (NYSE:AVT)
newsden.net - October 18 at 8:31 AM
streetinsider.com logoAvnet (AVT) Completes Acquisition of Premier Farnell - StreetInsider.com (NYSE:AVT)
www.streetinsider.com - October 17 at 3:39 PM
finance.yahoo.com logoAvnet Completes the Acquisition of Premier Farnell plc (NYSE:AVT)
finance.yahoo.com - October 17 at 8:31 AM
News IconAvnet, Inc. (NYSE:AVT) Updated Broker Ratings - NewsDen (NYSE:AVT)
newsden.net - October 16 at 3:38 PM
businesswire.com logoAvnet, Inc. Schedules First Quarter Fiscal Year 2017 Earnings ... - Business Wire (press release) (NYSE:AVT)
www.businesswire.com - October 14 at 3:38 PM
News IconAvnet Inc. (AVT) Position Increased by BlackRock Advisors LLC ... - DailyQuint (NYSE:AVT)
dailyquint.com - October 14 at 3:38 PM
capitalcube.com logoAvnet, Inc. breached its 50 day moving average in a Bearish Manner : AVT-US : October 14, 2016 (NYSE:AVT)
www.capitalcube.com - October 14 at 12:07 PM
finance.yahoo.com logoAvnet, Inc. Schedules First Quarter Fiscal Year 2017 Earnings ... - Yahoo Finance (NYSE:AVT)
finance.yahoo.com - October 13 at 8:57 PM
publicnow.com logoAvnet, Inc. Schedules First Quarter Fiscal Year 2017 Earnings Announcement (NYSE:AVT)
www.publicnow.com - October 13 at 8:57 PM
finance.yahoo.com logoFPA Capital Fund 3rd Quarter Commentary (NYSE:AVT)
finance.yahoo.com - October 13 at 3:35 PM
nasdaq.com logoAVT Crosses Below Key Moving Average Level - Nasdaq (NYSE:AVT)
www.nasdaq.com - October 13 at 12:40 PM
thestreet.com logoNew Zynq Transceiver Evaluation Kit From Avnet Electronics Marketing Now Available For $649. (Photo: Business Wire) (NYSE:AVT)
www.thestreet.com - October 12 at 8:59 PM
News IconWhich way Avnet, Inc. (NYSE:AVT) earnings may go - The Voice Registrar (NYSE:AVT)
voiceregistrar.com - October 12 at 8:00 AM
finance.yahoo.com logoAvnet Releases Zynq Transceiver Evaluation Kit Globally (NYSE:AVT)
finance.yahoo.com - October 12 at 8:00 AM
News IconAvnet Inc. (AVT) Upgraded at Raymond James Financial Inc. - Daily ... - DailyQuint (NYSE:AVT)
dailyquint.com - October 11 at 3:44 PM
News IconShort Interest Buzzer: What's Propelling Avnet Incorporated (NYSE:AVT) After Higher Shorts Reported? - Post News (NYSE:AVT)
www.kentuckypostnews.com - October 10 at 3:36 PM
News IconAvnet, Inc. (NYSE:AVT) earnings expectations - The Independent Republic (NYSE:AVT)
theindependentrepublic.com - October 10 at 3:36 PM
News IconBeatable Stocks in Active Notes- Avnet, Inc. (NYSE:AVT), Transocean (RIG), Taiwan Semiconductor Manufacturing ... - Seneca Globe (NYSE:AVT)
www.senecaglobe.com - October 10 at 8:27 AM
finance.yahoo.com logoEU mergers and takeovers (Oct 10) (NYSE:AVT)
finance.yahoo.com - October 10 at 8:26 AM
News IconAvnet Silica Expands PicoZed SOM Portfolio with New Embedded Vision Carrier Card (NYSE:AVT)
www.pressebox.com - October 7 at 3:38 PM
nasdaq.com logoAvnet Inc. (AVT) Is Up Sharply Following Raymond James Upgrade (NYSE:AVT)
www.nasdaq.com - October 5 at 3:24 PM
benzinga.com logo12 Biggest Mid-Day Gainers For Tuesday - Benzinga (NYSE:AVT)
www.benzinga.com - October 5 at 8:30 AM
benzinga.com logoMid-Afternoon Market Update: Dow Drops More Than 100 Points; Summit Therapeutics Shares Spike Higher - Benzinga (NYSE:AVT)
www.benzinga.com - October 4 at 3:38 PM
News IconConsensus Take: Avnet, Inc. (NYSE:AVT) Earnings & Ratings Watch - CSZ News (NYSE:AVT)
cincysportszone.com - October 4 at 8:28 AM
finance.yahoo.com logoActifio Launches Webstore for Fully Integrated Copy Data Virtualization Solution (NYSE:AVT)
finance.yahoo.com - October 4 at 8:28 AM


Avnet (NYSE:AVT) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by MarketBeat.com Staff