NYSE:AVT - Avnet Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $47.58 +0.53 (+1.13 %) (As of 08/19/2018 07:39 AM ET)Previous Close$47.58Today's Range$46.55 - $47.6852-Week Range$35.67 - $47.68Volume604,185 shsAverage Volume914,513 shsMarket Capitalization$4.63 billionP/E Ratio14.69Dividend Yield1.63%Beta0.99 Company ProfileAnalyst RatingsChartDividend HistoryEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Avnet, Inc., together with its subsidiaries, distributes electronic components worldwide. The company operates through two segments, Electronic Components and Premier Farnell. The Electronic Components segment markets and sells semiconductors; electronic components, including interconnect, passive and electromechanical devices; and other integrated components from electronic component manufacturers. This segment also offers customer support services, which facilitate customers to evaluate, design-in, and procure electronic components throughout the lifecycle of their technology products and systems. In addition, it provides integrated solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions primarily for industrial applications, as well as for intelligent embedded and innovative 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. Additionally, this segment 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. It serves various markets, including automotive, communications, computer hardware and peripherals, industrial and manufacturing, medical equipment, and defense and aerospace. The Premier Farnell segment distributes electronic components primarily to support design engineers, maintenance and test engineers, makers, and entrepreneurs. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona. Receive AVT News and Ratings via Email Sign-up to receive the latest news and ratings for AVT and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Electronic parts & equipment, not elsewhere classified Sub-IndustryTechnology Distributors SectorComputer and Technology SymbolNYSE:AVT CUSIP05380710 Webwww.avnet.com Phone480-643-2000 Debt Debt-to-Equity Ratio0.30 Current Ratio2.75 Quick Ratio1.58 Price-To-Earnings Trailing P/E Ratio14.69 Forward P/E Ratio13.52 P/E Growth1.08 Sales & Book Value Annual Sales$17.44 billion Price / Sales0.32 Cash Flow$5.5455 per share Price / Cash8.58 Book Value$42.00 per share Price / Book1.13 Profitability EPS (Most Recent Fiscal Year)$3.24 Net Income$525.27 million Net Margins-0.72% Return on Equity8.08% Return on Assets4.27% Miscellaneous Employees15,700 Outstanding Shares117,980,000Market Cap$4.63 billion Avnet (NYSE:AVT) Frequently Asked Questions 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 declared a quarterly dividend on Tuesday, February 6th. Shareholders of record on Tuesday, March 13th will be given a dividend of $0.19 per share on Tuesday, March 27th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Monday, March 12th. This is a positive change from Avnet's previous quarterly dividend of $0.18. View Avnet's Dividend History. How will Avnet's stock buyback program work? Avnet declared that its Board of Directors has approved a stock repurchase program on Saturday, November 11th 2017, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its stock is undervalued. How were Avnet's earnings last quarter? Avnet (NYSE:AVT) issued its quarterly earnings results on Wednesday, August, 8th. The technology company reported $0.99 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.98 by $0.01. The technology company had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $4.85 billion. Avnet had a positive return on equity of 8.08% and a negative net margin of 0.72%. The business's revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the business earned $0.84 EPS. View Avnet's Earnings History. When is Avnet's next earnings date? Avnet is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Avnet. What guidance has Avnet issued on next quarter's earnings? Avnet issued an update on its first quarter earnings guidance on Wednesday, August, 8th. The company provided earnings per share guidance of $0.95-1.05 for the period, compared to the Thomson Reuters consensus estimate of $0.97. The company issued revenue guidance of $4.8-5.2 billion, compared to the consensus revenue estimate of $4.89 billion. What price target have analysts set for AVT? 8 Wall Street analysts have issued 1 year price targets for Avnet's shares. Their predictions range from $34.00 to $55.00. On average, they expect Avnet's share price to reach $44.50 in the next twelve months. This suggests that the stock has a possible downside of 6.5%. View Analyst Price Targets for Avnet. What is the consensus analysts' recommendation for Avnet? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avnet in the last year. There are currently 2 sell ratings, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Avnet. What are Wall Street analysts saying about Avnet stock? Here are some recent quotes from research analysts about Avnet stock: 1. According to Zacks Investment Research, "Avnet is gaining from the strong performance of its Electronics Components segment and Premier Farnell buyout. The divestment of the TS division has allowed Avnet to focus on high-growth areas such as marketing electronic components and related products in the supply chain. The company intends to use its resources to make investments in embedded solutions, IoT and critical digital platforms as well as expand its footprint in newer markets. Furthermore, acquisitions such as Premier Farnell and Dragon Innovation are likely to bolster Avnet’s portfolio and expand global operations. Nonetheless, a significant portion of Avnet’s revenues comes from the sale of semiconductors, which is a cyclical industry, characterized by changes in technology and manufacturing capacity and subject to significant market upturns and downturns." (6/27/2018) 2. Pivotal Research analysts commented, "We are following up to our Friday 6.15.18 upgrade note with a more detailed review post the NYC Analyst meeting last week and point to the data points on Avnet’s turnaround." (6/22/2018) Who are some of Avnet's key competitors? Some companies that are related to Avnet include Arrow Electronics (ARW), Ituran Location and Control Ltd. (US) (ITRN), TESSCO Technologies (TESS), VOXX International (VOXX), Richardson Electronics (RELL), RADA Electronic Ind. (RADA), EACO (EACO), CUI Global (CUI), Cool (IFON), Taitron Components (TAIT) and Surge Components (SPRS). Who are Avnet's key executives? Avnet's management team includes the folowing people: Mr. William Joseph Amelio, CEO, Member of Exec. Board & Director (Age 60)Ms. MaryAnn G. Miller, Sr. VP, Chief HR Officer & Global Marketing & Communications and Member of Exec. Board (Age 61)Mr. Michael J. O'Neill, Sr. VP, Gen. Counsel, Chief Legal Officer & Member of Exec. Board (Age 62)Mr. Peter G. Bartolotta, Sr. VP, Chief Transformation Officer & Member of Exec. Board (Age 58)Mr. Thomas Liguori, CFO & Member of Exec. Board (Age 59) Has Avnet been receiving favorable news coverage? Press coverage about AVT stock has trended somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Avnet earned a news impact score of 0.12 on Accern's scale. They also assigned headlines about the technology company an impact score of 47.56 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Avnet. Who are Avnet's major shareholders? Avnet's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.01%), Pzena Investment Management LLC (7.66%), Dimensional Fund Advisors LP (3.47%), Boston Partners (2.93%), Janus Henderson Group PLC (2.53%) and FMR LLC (2.46%). Company insiders that own Avnet stock include Amelio J William, J Veronica Biggins, James A Lawrence, Kevin M Moriarty, Kevin V Summers, Maryann G Miller and Philip R Gallagher. 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 Boston Partners, Polaris Capital Management LLC, Russell Investments Group Ltd., Pzena Investment Management LLC, Brandes Investment Partners LP, Waddell & Reed Financial Inc., Thompson Siegel & Walmsley LLC and Bank of New York Mellon Corp. Company insiders that have sold Avnet company stock in the last year include Kevin V Summers and Philip R Gallagher. View Insider Buying and Selling for Avnet. Which major investors are buying Avnet stock? AVT stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, FMR LLC, Assenagon Asset Management S.A., MetLife Investment Advisors LLC, Segall Bryant & Hamill LLC, Lapides Asset Management LLC, Capital One National Association and American Century Companies Inc.. Company insiders that have bought Avnet stock in the last two years include Amelio J William, James A Lawrence and Kevin M Moriarty. View Insider Buying and Selling for Avnet. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Avnet's stock price today? One share of AVT stock can currently be purchased for approximately $47.58. How big of a company is Avnet? Avnet has a market capitalization of $4.63 billion and generates $17.44 billion in revenue each year. The technology company earns $525.27 million in net income (profit) each year or $3.24 on an earnings per share basis. Avnet employs 15,700 workers across the globe. How can I contact Avnet? Avnet's mailing address is 2211 SOUTH 47TH STREET, PHOENIX AZ, 85034. The technology company can be reached via phone at 480-643-2000 or via email at [email protected] MarketBeat Community Rating for Avnet (NYSE AVT)Community Ranking: 2.1 out of 5 ( )Outperform Votes: 224 (Vote Outperform)Underperform Votes: 308 (Vote Underperform)Total Votes: 532MarketBeat's community ratings are surveys of what our community members think about Avnet and other stocks. Vote "Outperform" if you believe AVT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AVT will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 8/19/2018 by MarketBeat.com StaffFeatured Article: Asset Allocation Models, Which is Right For You?