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: $41.54
  • 50 Day Moving Average: $40.6864
  • 200 Day Moving Average: $41.5517
  • Trailing P/E Ratio: 10.8737
  • Foreward P/E Ratio: 8.84
  • P/E Growth: 3.3300
  • Market Cap: $5.26B
  • Outstanding Shares: 127,365,000
  • Beta: 1.2
Additional Links:
Companies Related to Avnet:

Analyst Ratings

Consensus Ratings for Avnet (NYSE:AVT) (?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.88)
Consensus Price Target: $43.17 (3.92% upside)

Analysts' Ratings History for Avnet (NYSE:AVT)
Show:
DateFirmActionRatingPrice TargetDetails
8/11/2016Brean CapitalReiterated RatingHoldView Rating Details
8/11/2016Citigroup Inc.Boost Price TargetSell$31.00 -> $37.00View Rating Details
7/11/2016Longbow ResearchDowngradeBuy -> NeutralView 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
4/28/2016Credit Agricole SADowngradeOutperform -> UnderperformView Rating Details
4/27/2016Bank of America Corp.Initiated CoverageNeutralView Rating Details
1/31/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
1/29/2016Stifel NicolausLower Price Target$48.00 -> $46.00View Rating Details
6/24/2015Cross ResearchUpgradeHold -> BuyView Rating Details
(Data available from 8/24/2014 forward)

Earnings

Earnings History for Avnet (NYSE:AVT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
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)

Estimates

Earnings Estimates for Avnet (NYSE:AVT)
Current Year EPS Consensus Estimate: $4.32 EPS
Next Year EPS Consensus Estimate: $4.7 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)

Dividends

Current Dividend Information for Avnet (NYSE:AVT)
Annual Dividend:$0.68
Dividend Yield:1.64%
Payout Ratio:17.85% (Based on Trailing 12 Months of Earnings)
15.74% (Based on Current Year Consensus EPS Estimate)
14.47% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Avnet (NYSE:AVT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/12/2016quarterly$0.171.63%9/2/20169/7/20169/16/2016
5/13/2016quarterly$0.171.72%6/3/20166/7/20166/20/2016
2/12/2016quarterly$0.171.7%2/26/20163/1/20163/14/2016
11/13/2015quarterly$0.171.51%11/27/201512/1/201512/14/2015
8/14/2015quarterly$0.171.58%9/4/20159/9/20159/18/2015
5/15/2015quarterly$0.161.4%5/29/20156/2/20156/15/2015
2/13/2015quarterly$0.161.41%2/27/20153/3/20153/16/2015
11/7/2014quarterly$0.161.47%11/28/201412/2/201412/15/2014
8/8/2014quarterly$0.161.56%9/4/20149/8/20149/19/2014
5/12/2014quarterly$0.151.4%5/30/20146/3/20146/16/2014
2/14/2014quarterly$0.151.37%2/28/20143/4/20143/17/2014
11/7/2013quarterly$0.151.49%11/29/201312/3/201312/16/2013
8/12/2013quarterly$0.159/10/20139/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Avnet (NYSE:AVT)
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)

Headlines

Latest Headlines for Avnet (NYSE:AVT)
DateHeadline
thestreet.com logoNew PicoZed Embedded Vision Kit From Avnet Electronics Marketing. (Photo: Business Wire) (NYSE:AVT)
www.thestreet.com - August 24 at 11:54 AM
publicnow.com logoAvnet Expands PicoZed SOM Portfolio with New Embedded Vision Carrier Card (NYSE:AVT)
www.publicnow.com - August 24 at 11:54 AM
News IconAvnet Launches EMC Reach Partner Programme in the UK (NYSE:AVT)
pressreleases.responsesource.com - August 23 at 3:42 PM
capitalcube.com logoETF’s with exposure to Avnet, Inc. : August 23, 2016 (NYSE:AVT)
www.capitalcube.com - August 23 at 3:42 PM
capitalcube.com logoAvnet, Inc. :AVT-US: Earnings Analysis: 2016 By the Numbers : August 22, 2016 (NYSE:AVT)
www.capitalcube.com - August 22 at 3:44 PM
capitalcube.com logoAvnet, Inc. :AVT-US: Earnings Analysis: 2016 By the Numbers : August 22, 2016 (NYSE:AVT)
www.capitalcube.com - August 22 at 3:44 PM
investornewswire.com logoWill Avnet, Inc. (NYSE:AVT) Hit $47 Price Target? - Investor Newswire (NYSE:AVT)
www.investornewswire.com - August 22 at 8:29 AM
News IconMonitoring the Consensus for Avnet, Inc. (NYSE:AVT) - Post News (NYSE:AVT)
www.kentuckypostnews.com - August 21 at 8:26 AM
News IconPrice Target Update on Avnet, Inc. (NYSE:AVT) - Post News (NYSE:AVT)
www.kentuckypostnews.com - August 19 at 4:18 PM
finance.yahoo.com logoAVNET INC Financials (NYSE:AVT)
finance.yahoo.com - August 19 at 4:18 PM
biz.yahoo.com logoAVNET INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation o (NYSE:AVT)
biz.yahoo.com - August 19 at 12:04 PM
feeds.reuters.com logoBRIEF-Avnet says its receivables purchase agreement amended (NYSE:AVT)
feeds.reuters.com - August 19 at 6:51 AM
feeds.reuters.com logoUPDATE 2-Daetwyler backs away from bidding war for UK Raspberry Pi maker (NYSE:AVT)
feeds.reuters.com - August 18 at 8:16 AM
feeds.reuters.com logoUPDATE 1-Daetwyler resigns from higher bid for Premier Farnell (NYSE:AVT)
feeds.reuters.com - August 18 at 4:12 AM
forbes.com logoChange Can Be a Good Thing (NYSE:AVT)
www.forbes.com - August 17 at 3:45 PM
nasdaq.com logoAvnet Breaks Above 200-Day Moving Average - Bullish for AVT (NYSE:AVT)
www.nasdaq.com - August 15 at 3:45 PM
News IconWhat Do Analysts Think Of California Resources Corp (NYSE:CRC)? (NYSE:AVT)
myhealthbowl.com - August 12 at 9:07 PM
biz.yahoo.com logoAVNET INC Files SEC form 10-K, Annual Report (NYSE:AVT)
biz.yahoo.com - August 12 at 9:07 PM
publicnow.com logoAvnet, Inc. Declares Regular Quarterly Dividend (NYSE:AVT)
www.publicnow.com - August 12 at 12:17 PM
News IconNews Highlights- Top Ships (NASDAQ:TOPS), Avnet, Inc. (NYSE:AVT), Murphy Oil (NYSE:MUR) - Seneca Globe (NYSE:AVT)
www.senecaglobe.com - August 11 at 3:44 PM
fidaily.com logoAvnet, Inc. Common Stock (AVT) Holdings Decreased by Artisan Partners Limited Partnership - Finance Daily (NYSE:AVT)
www.fidaily.com - August 11 at 12:55 PM
News IconAvnet Inc. (NYSE: AVT) makes quarterly earnings announcement - BNB Daily (blog) (NYSE:AVT)
www.baseball-news-blog.com - August 11 at 12:55 PM
finance.yahoo.com logoEdited Transcript of AVT earnings conference call or presentation 10-Aug-16 3:00pm GMT (NYSE:AVT)
finance.yahoo.com - August 11 at 12:55 PM
finance.yahoo.com logoAvnet (AVT) Beats on Q4 Earnings & Revenues, Offers View (NYSE:AVT)
finance.yahoo.com - August 11 at 12:55 PM
capitalcube.com logoAvnet, Inc. :AVT-US: Earnings Analysis: Q4, 2016 By the Numbers : August 11, 2016 (NYSE:AVT)
www.capitalcube.com - August 11 at 12:55 PM
bizjournals.com logoAvnet reports sales, income drop in latest quarter (NYSE:AVT)
www.bizjournals.com - August 10 at 4:04 PM
capitalcube.com logoETF’s with exposure to Avnet, Inc. : August 10, 2016 (NYSE:AVT)
www.capitalcube.com - August 10 at 4:04 PM
rttnews.com logoAvnet Q4 Profit Misses Estimates, Sales Beat; Initiates Q1 View - Quick Facts (NYSE:AVT)
www.rttnews.com - August 10 at 8:45 AM
nasdaq.com logoAvnet Inc Reports 30% Drop In Q4 Profit (NYSE:AVT)
www.nasdaq.com - August 10 at 8:45 AM
sg.finance.yahoo.com logoAvnet meets 4Q profit forecasts (NYSE:AVT)
sg.finance.yahoo.com - August 10 at 8:45 AM
publicnow.com logoAvnet Reports Fourth Quarter and Fiscal Year 2016 Results (NYSE:AVT)
www.publicnow.com - August 10 at 8:45 AM
News IconDemonstrating its continued dominance in developing and managing strategic supply chain solutions, Avnet, Inc (NYSE:AVT)
www.ad-hoc-news.de - August 9 at 10:17 PM
publicnow.com logoAvnet Celebrates Supply Chain Recognitions from Gartner and APEX (NYSE:AVT)
www.publicnow.com - August 9 at 10:17 PM
investornewswire.com logoStrong Sell Calls For Avnet, Inc. (NYSE:AVT) At 0 - Investor Newswire (NYSE:AVT)
www.investornewswire.com - August 9 at 12:32 PM
capitalcube.com logoAvnet, Inc. breached its 50 day moving average in a Bullish Manner : AVT-US : August 9, 2016 (NYSE:AVT)
www.capitalcube.com - August 9 at 12:32 PM
finance.yahoo.com logoElectronics Stock Earnings Slated for Aug 10: AVT & IEC (NYSE:AVT)
finance.yahoo.com - August 9 at 12:32 PM
News IconAvnet Adds SiTimes MEMS Timing Solutions to Line Cards in Americas and Asia (NYSE:AVT)
www.cbs58.com - August 8 at 9:07 PM
finance.yahoo.com logoAvnet (AVT) Q4 Earnings: What's in the Cards this Time? (NYSE:AVT)
finance.yahoo.com - August 8 at 3:43 PM
publicnow.com logoAvnet Adds SiTime’s MEMS Timing Solutions to Line Cards in Americas and Asia (NYSE:AVT)
www.publicnow.com - August 8 at 8:28 AM
News IconAvnet, Inc. (NYSE:AVT) To Report June 2016 Results - The Voice Registrar (NYSE:AVT)
voiceregistrar.com - August 5 at 3:42 PM
News IconDistribution Watch: Avnet’s Summer of Controversy Continues with Offer for U.K. Distributor Premier Farnell (NYSE:AVT)
thevarguy.com - August 2 at 3:41 PM
twst.com logoAvnet Inc.: Avnet Expands Global Franchise with Cypress to Include Newly Acquired IOT Products (NYSE:AVT)
www.twst.com - August 2 at 3:41 PM
feeds.reuters.com logoBRIEF-Fitch says Avnet's ratings unaffected by potential Premier Farnell deal (NYSE:AVT)
feeds.reuters.com - August 2 at 10:37 AM
News IconWill Valeant Pharmaceuticals Intl Inc Short Squeeze Soon? (NYSE:AVT)
bolsafinanzas.com - August 2 at 8:29 AM
finance.yahoo.com logoAvnet Expands Global Franchise with Cypress to Include Newly Acquired IOT Products (NYSE:AVT)
finance.yahoo.com - August 2 at 8:29 AM
publicnow.com logoAvnet, Inc. Updates Start Time of Fourth Quarter and Fiscal Year 2016 Earnings Webcast (NYSE:AVT)
www.publicnow.com - August 1 at 7:11 AM
investors.com logoBid battle breaks out for Premier Farnell (NYSE:AVT)
www.proactiveinvestors.com - July 28 at 12:26 PM
reuters.com logoAvnet offers to buy UK's Premier Farnell for $911 million (NYSE:AVT)
www.reuters.com - July 28 at 12:26 PM
News IconAvnet Agrees to Acquire Premier Farnell (NYSE:AVT)
www.mdm.com - July 28 at 12:26 PM
twst.com logoAvnet Inc.: Avnet Extends Cash Offer to Acquire Premier Farnell plc (NYSE:AVT)
www.twst.com - July 28 at 12:26 PM

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Avnet (NYSE:AVT) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff