Avnet Company Profile (NYSE:AVT)

About Avnet (NYSE:AVT)

Avnet logoAvnet, Inc. is a distributor of electronic components, enterprise computer, networking and storage products and software, and embedded subsystems. The Company operates through Electronics Marketing (EM) segment. The EM segment markets and sells semiconductors; interconnect, passive and electromechanical devices (IP&E), and embedded products to a customer base serving various end markets. The Company creates a link in the technology supply chain that connects electronic component and computer product manufacturers and software developers with a customer base of original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, original design manufacturers (ODMs), systems integrators (SIs), independent software vendors (ISVs) and value-added resellers (VARs). The Company distributes electronic components, computer products and software, as received from its suppliers or through a customized solution, and offers assembly and other services.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Electronic Equipment & Parts - NEC
  • Sub-Industry: Technology Distributors
  • Symbol: NYSE:AVT
  • CUSIP: 05380710
  • Web: www.avnet.com
  • Market Cap: $4.82102 billion
  • Outstanding Shares: 124,994,000
Average Prices:
  • 50 Day Moving Avg: $37.50
  • 200 Day Moving Avg: $43.85
  • 52 Week Range: $35.96 - $51.50
  • Trailing P/E Ratio: 9.30
  • Foreward P/E Ratio: 12.02
  • P/E Growth: -2.45
Sales & Book Value:
  • Annual Revenue: $26.28 billion
  • Price / Sales: 0.18
  • Book Value: $40.40 per share
  • Price / Book: 0.96
  • Annual Dividend: $0.72
  • Dividend Yield: 1.9%
  • EBIDTA: $990.42 million
  • Net Margins: 2.83%
  • Return on Equity: 9.24%
  • Return on Assets: 3.93%
  • Debt-to-Equity Ratio: 0.34%
  • Current Ratio: 2.90%
  • Quick Ratio: 1.85%
  • Average Volume: 1.44 million shs.
  • Beta: 1.03
  • Short Ratio: 3.86

Frequently Asked Questions for Avnet (NYSE:AVT)

What is Avnet's stock symbol?

Avnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVT."

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

Avnet announced a quarterly dividend on Thursday, May 11th. Investors of record on Tuesday, June 6th will be given a dividend of $0.18 per share on Monday, June 19th. This represents a $0.72 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend is Friday, June 2nd. View Avnet's Dividend History.

How will Avnet's stock buyback program work?

Avnet declared that its board has approved a share repurchase program on Tuesday, April 11th 2017, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

How were Avnet's earnings last quarter?

Avnet, Inc. (NYSE:AVT) released its quarterly earnings results on Thursday, April, 27th. The company reported $0.88 EPS for the quarter, topping the Zacks' consensus estimate of $0.86 by $0.02. The company earned $4.44 billion during the quarter, compared to analysts' expectations of $4.46 billion. Avnet had a return on equity of 9.24% and a net margin of 2.83%. The firm's revenue was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.01 EPS. View Avnet's Earnings History.

When will Avnet make its next earnings announcement?

Avnet is scheduled to release their next quarterly earnings announcement on Tuesday, August, 8th 2017. View Earnings Estimates for Avnet.

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

Avnet updated its FY17 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $3.00-3.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.37. The company issued revenue guidance of $17.3-17.7 billion, compared to the consensus revenue estimate of $17.95 billion.Avnet also updated its Q4 guidance to $0.72-0.82 EPS.

Where is Avnet's stock going? Where will Avnet's stock price be in 2017?

9 analysts have issued twelve-month price targets for Avnet's shares. Their predictions range from $31.00 to $52.00. On average, they anticipate Avnet's share price to reach $41.50 in the next twelve months. View Analyst Ratings for Avnet.

Who are some of Avnet's key competitors?

Who are Avnet's key executives?

Avnet's management team includes the folowing people:

  • William H. Schumann III, Independent Chairman of the Board
  • William J. Amelio, Chief Executive Officer, Director
  • Kevin M. Moriarty, Chief Financial Officer, Senior Vice President, Controller
  • Gerard William Fay, President - Avnet Electronics Marketing Global, Senior Vice President
  • Graham McBeth, President - Premier Farnell Plc
  • Patrick Zammit, Senior Vice President and President, Avnet Technology Solutions
  • MaryAnn G. Miller, Senior Vice President, Chief Human Resources Officer and Corporate Marketing & Communications
  • Steve Gomez, Senior Vice President of Sales, Avnet Electronics Marketing Americas
  • Michael D. Buseman, Senior Vice President, Chief Global Logistics and Operations Officer
  • Erin F. Lewin, Senior Vice President

Who owns Avnet stock?

Avnet's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (0.00%), Vanguard Group Inc. (0.00%), Pzena Investment Management LLC (4.23%), State Street Corp (3.62%), Artisan Partners Limited Partnership (0.00%) and Blue Harbour Group L.P. (3.49%). Company insiders that own Avnet stock include James A Lawrence, Kevin M Moriarty and Maryann G Miller. View Institutional Ownership Trends for Avnet.

Who sold Avnet stock? Who is selling Avnet stock?

Avnet's stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Blue Harbour Group L.P., AQR Capital Management LLC, Snow Capital Management LP, Bank of Nova Scotia, FMR LLC, LSV Asset Management and Longview Partners Guernsey LTD. View Insider Buying and Selling for Avnet.

Who bought Avnet stock? Who is buying Avnet stock?

Avnet's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., Wells Fargo & Company MN, Alliancebernstein L.P., Pax World Management LLC, Pzena Investment Management LLC, Morgan Stanley and JPMorgan Chase & Co.. Company insiders that have bought Avnet stock in the last two years include James A Lawrence and Kevin M Moriarty. View Insider Buying and Selling for Avnet.

How do I buy Avnet stock?

Shares of Avnet can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Avnet's stock price today?

One share of Avnet stock can currently be purchased for approximately $38.69.

MarketBeat Community Rating for Avnet (NYSE AVT)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  151 (Vote Outperform)
Underperform Votes:  182 (Vote Underperform)
Total Votes:  333
MarketBeat's community ratings are surveys of what our community members think about Avnet and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Avnet (NYSE:AVT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 5 Hold Ratings, 1 Strong Buy Rating
Consensus Rating:Hold (Score: 1.89)
Consensus Price Target: $41.50 (7.26% upside)

Analysts' Ratings History for Avnet (NYSE:AVT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/29/2017Deutsche Bank AGReiterated RatingHold$47.00 -> $40.00LowView Rating Details
4/28/2017Citigroup Inc.Reiterated RatingSell$31.00HighView Rating Details
4/28/2017Longbow ResearchDowngradeBuy -> NeutralHighView Rating Details
4/28/2017SunTrust Banks, Inc.DowngradeBuy -> Hold$53.00 -> $39.00HighView Rating Details
3/1/2017Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$47.00 -> $43.00N/AView Rating Details
1/3/2017Brean CapitalReiterated RatingHoldN/AView Rating Details
10/4/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$52.00N/AView Rating Details
9/20/2016Cross ResearchDowngradeHold -> SellN/AView Rating Details
9/20/2016Stifel NicolausDowngradeBuy -> Hold$47.00 -> $44.00N/AView Rating Details
4/27/2016Bank of America CorporationInitiated CoverageNeutralN/AView Rating Details
(Data available from 6/24/2015 forward)


Earnings History for Avnet (NYSE:AVT)
Earnings by Quarter for Avnet (NYSE:AVT)
Earnings History by Quarter for Avnet (NYSE AVT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q3 2017$0.86$0.88$4.46 billion$4.44 billionViewN/AView Earnings Details
1/26/2017Q217$0.75$0.77$4.38 billion$4.27 billionViewN/AView Earnings Details
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$1.09$1.04$6.87 billion$6.74 billionViewN/AView Earnings Details
1/22/2015Q215$1.20$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$1.07$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)
2017 EPS Consensus Estimate: $3.61
2018 EPS Consensus Estimate: $4.21
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.89$0.91$0.90
Q2 20172$0.74$1.13$0.94
Q3 20172$0.73$0.85$0.79
Q4 20173$0.82$1.18$0.98
Q1 20183$0.90$1.02$0.97
Q2 20182$0.89$1.09$0.99
Q3 20183$1.00$1.12$1.06
Q4 20182$1.12$1.25$1.19
Q1 20191$1.33$1.33$1.33
Q2 20191$1.36$1.36$1.36
(Data provided by Zacks Investment Research)


Current Dividend Information for Avnet (NYSE:AVT)
Most Recent Dividend:6/19/2017
Annual Dividend:$0.72
Dividend Yield:1.86%
Dividend Growth:31.40% (3 Year Average)
Payout Ratio:17.27% (Trailing 12 Months of Earnings)
22.43% (Based on This Year's Estimates)
22.36% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Avnet (NYSE:AVT)

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

Insider Trades

Insider Trading and Institutional Ownership History for Avnet (NYSE:AVT)
Insider Ownership Percentage: 1.47%
Institutional Ownership Percentage: 98.41%
Insider Trades by Quarter for Avnet (NYSE:AVT)
Institutional Ownership by Quarter for Avnet (NYSE:AVT)
Insider Trades by Quarter for Avnet (NYSE:AVT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/2/2017James A LawrenceDirectorBuy408,451$36.99$15,108,602.49View SEC Filing  
5/18/2017Kevin M. MoriartyCFOBuy6,933$36.08$250,142.64View SEC Filing  
3/1/2017Maryann G. MillerInsiderSell5,000$47.00$235,000.00View SEC Filing  
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)


Headline Trends for Avnet (NYSE:AVT)
Latest Headlines for Avnet (NYSE:AVT)
finance.yahoo.com logoTop of the Phoenix Lists: Arizona-based Public Companies
finance.yahoo.com - June 23 at 4:21 PM
americanbankingnews.com logoHead to Head Analysis: Zebra Technologies Corporation (ZBRA) & Avnet (AVT)
www.americanbankingnews.com - June 21 at 7:42 AM
americanbankingnews.com logoAvnet, Inc. (AVT) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - June 20 at 12:47 PM
finance.yahoo.com logoAvnet Boosts Intelligent Lighting Portfolio with MOONS’ Franchise in the Americas
finance.yahoo.com - June 15 at 5:28 PM
americanbankingnews.com logoComparing Littelfuse (LFUS) & Avnet (AVT)
www.americanbankingnews.com - June 15 at 8:12 AM
finance.yahoo.com logoAvnet Opens Registration for Visible Things Industrial IoT SpeedWay Design Workshop Series
finance.yahoo.com - June 14 at 3:52 PM
finance.yahoo.com logoAvnet Introduces Cost-Optimized MiniZed Platform for Embedded Vision and Industrial IoT Systems
finance.yahoo.com - June 13 at 1:16 PM
americanbankingnews.com logoLittelfuse (LFUS) versus Avnet (AVT) Critical Survey
www.americanbankingnews.com - June 13 at 12:04 PM
americanbankingnews.com logoAvnet, Inc. (AVT) Rating Lowered to Hold at ValuEngine
www.americanbankingnews.com - June 12 at 10:58 PM
seekingalpha.com logoAvnet (AVT) Presents At BofA Merrill Lynch 2017 Global Technology Conference - Slideshow
seekingalpha.com - June 10 at 2:38 AM
nasdaq.com logoAvnet To Present At BOA Merrill Lynch Conference; Webcast At 5:50 PM
www.nasdaq.com - June 7 at 3:59 PM
finance.yahoo.com logoAvnet Expands UbiquiOS Franchise into the Americas
finance.yahoo.com - June 7 at 3:59 PM
finance.yahoo.com logoAvnet Inc. Honored with Three Awards from Micron Technology for Best-in-Class Technical and Business Performance
finance.yahoo.com - June 7 at 7:49 AM
bizjournals.com logoAvnet selling off stock from Tech Data deal
www.bizjournals.com - June 5 at 6:05 PM
finance.yahoo.com logoOne of Tech Data’s newest and biggest shareholders plans to sell its stock
finance.yahoo.com - June 5 at 1:03 PM
finance.yahoo.com logoAvnet, Inc. : AVT-US: Dividend Analysis : June 06th, 2017 (record date) : By the numbers : June 5, 2017
finance.yahoo.com - June 5 at 1:03 PM
americanbankingnews.com logoAnalyzing Arrow Electronics (ARW) & Avnet (AVT)
www.americanbankingnews.com - June 4 at 7:30 AM
americanbankingnews.com logo$4.45 Billion in Sales Expected for Avnet, Inc. (AVT) This Quarter
www.americanbankingnews.com - June 3 at 10:06 AM
americanbankingnews.com logoInsider Buying: Avnet, Inc. (AVT) Director Buys 408,451 Shares of Stock
www.americanbankingnews.com - June 2 at 7:43 PM
finance.yahoo.com logoWhat doubling down on data center products did for Tampa Bay's biggest company
finance.yahoo.com - June 1 at 4:02 PM
americanbankingnews.com logoAvnet, Inc. (AVT) Expected to Post Earnings of $0.77 Per Share
www.americanbankingnews.com - June 1 at 7:44 AM
bizjournals.com logoResearch Reports Initiation on Services Stocks -- Fastenal, HD Supply, Avnet, and W.W. Grainger
www.bizjournals.com - May 26 at 4:03 PM
americanbankingnews.com logoAvnet, Inc. (AVT) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 26 at 1:31 PM
nasdaq.com logoAvnet To Merge Distribution Centres To One New Hong Kong Facility - Quick Facts
www.nasdaq.com - May 25 at 1:45 AM
finance.yahoo.com logoAvnet Consolidates Distribution Centres
finance.yahoo.com - May 25 at 1:45 AM
finance.yahoo.com logoAvnet to Present at the Stifel Technology, Internet & Media Conference and the Bank of America Merrill Lynch 2017 Global Technology Conference
finance.yahoo.com - May 24 at 8:43 PM
nasdaq.com logoThis Stock Has A 1.95% Yield, Sells For Less Than Book, and Insiders Have Been Buying
www.nasdaq.com - May 24 at 3:42 PM
finance.yahoo.com logoNew Issue of Supply Chain Navigator from Avnet Celebrates Disruptive Innovation
finance.yahoo.com - May 23 at 3:51 PM
finance.yahoo.com logoWhy it is Time to Scrap Avnet (AVT) from Your Portfolio
finance.yahoo.com - May 23 at 10:03 AM
finance.yahoo.com logoAvnet Named Exclusive Global Distributor for Silego Technology
finance.yahoo.com - May 22 at 3:43 PM
seekingalpha.com logoAvnet higher by 3%, helped by insider buy
seekingalpha.com - May 19 at 4:31 PM
americanbankingnews.com logoKevin M. Moriarty Acquires 6,933 Shares of Avnet, Inc. (AVT) Stock
www.americanbankingnews.com - May 19 at 4:24 PM
finance.yahoo.com logoAvnet Helps Guide Makers’ Technology Ideas to Production at Maker Faire
finance.yahoo.com - May 18 at 11:57 AM
finance.yahoo.com logoAvnet Introduces Visible Things Development Kit for Industrial IoT Applications
finance.yahoo.com - May 16 at 12:26 PM
finance.yahoo.com logoAvnet Unveils its ‘Smart Neighborhood’ at Internet of Things World
finance.yahoo.com - May 16 at 12:26 PM
finance.yahoo.com logoETFs with exposure to Avnet, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 4:14 PM
americanbankingnews.com logoAvnet, Inc. (AVT) Plans $0.18 Quarterly Dividend
www.americanbankingnews.com - May 11 at 9:24 PM
finance.yahoo.com logoAvnet Declares Regular Quarterly Dividend
finance.yahoo.com - May 11 at 9:13 PM
finance.yahoo.com logoAvnet’s Team of IoT Experts to Present at IoT World 2017
finance.yahoo.com - May 9 at 3:46 PM
americanbankingnews.com logoZacks: Brokerages Expect Avnet, Inc. (AVT) to Announce $0.77 EPS
www.americanbankingnews.com - May 8 at 11:26 AM
finance.yahoo.com logoETFs with exposure to Avnet, Inc. : May 4, 2017
finance.yahoo.com - May 4 at 3:50 PM
finance.yahoo.com logoAvnet, Inc. :AVT-US: Earnings Analysis: Q3, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 11:38 AM
americanbankingnews.com logoAvnet (AVT) Receives Media Sentiment Rating of 0.15
www.americanbankingnews.com - May 2 at 7:34 PM
americanbankingnews.com logoZacks Investment Research Downgrades Avnet, Inc. (AVT) to Strong Sell
www.americanbankingnews.com - May 2 at 10:58 AM
americanbankingnews.com logoAvnet, Inc. (AVT) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 1 at 4:24 PM
americanbankingnews.com logoAvnet, Inc. (AVT) Downgraded to "Hold" at SunTrust Banks, Inc.
www.americanbankingnews.com - April 30 at 12:32 AM
americanbankingnews.com logoAvnet, Inc. (AVT) Earns "Hold" Rating from Deutsche Bank AG
www.americanbankingnews.com - April 29 at 7:31 PM
americanbankingnews.com logoAvnet, Inc. (AVT) Downgraded to Neutral at Longbow Research
www.americanbankingnews.com - April 29 at 6:53 PM
americanbankingnews.com logoAvnet, Inc. (AVT) Given a $31.00 Price Target by Citigroup Inc Analysts
www.americanbankingnews.com - April 29 at 12:10 PM
americanbankingnews.com logoAvnet (AVT) Receiving Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 28 at 11:06 PM



Avnet (AVT) Chart for Saturday, June, 24, 2017

This page was last updated on 6/24/2017 by MarketBeat.com Staff