NYSE:AXE - Anixter Stock Price, Price Target & More

Anixter trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXE."

Anixter (NYSE:AXE) released its quarterly earnings results on Thursday, April, 26th. The technology company reported $1.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.29 by $0.13. The technology company had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $1.98 billion. Anixter had a return on equity of 12.26% and a net margin of 1.38%. The business's quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the firm earned $1.09 EPS. View Anixter's Earnings History.

Anixter is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Anixter.

3 brokers have issued 1-year target prices for Anixter's shares. Their predictions range from $86.00 to $90.00. On average, they expect Anixter's share price to reach $88.00 in the next year. View Analyst Ratings for Anixter.

Some companies that are related to Anixter include Proximus (PROX), PerkinElmer (PKI), Trimble (TRMB), Tableau Software Inc Class A (DATA), The Ultimate Software Group (ULTI), CDK Global (CDK), Micro Focus International (MCRO), TIM Participacoes (TSU), Trend Micro (TMICY), Microsemi (MSCC), Obic (OBIIF), Cognex (CGNX), Micro Focus International (MFGP), Minebea Mitsumi (MNBEY) and Vipshop (VIPS).

Headlines about AXE stock have been trending somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Anixter earned a news impact score of 0.07 on Accern's scale. They also assigned news articles about the technology company an impact score of 46.90 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Anixter's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.21%), Dimensional Fund Advisors LP (5.05%), Fiduciary Management Inc. WI (3.43%), Earnest Partners LLC (2.58%), Pzena Investment Management LLC (2.33%) and Fisher Asset Management LLC (1.87%). Company insiders that own Anixter stock include F Philip Handy, Geoffrey Blair David Clark, Justin C Choi, Melvyn N Klein, Michal Okoniewski, Peter Micheal Neweduk, Robert J Eck, Robert W Grubbs, Rodney A Shoemaker, Samuel Zell, Ted A Dosch, Terrance Faber, William Galvin and William Standish. View Institutional Ownership Trends for Anixter.

AXE stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Pzena Investment Management LLC, New York State Common Retirement Fund, OppenheimerFunds Inc., WINTON GROUP Ltd, Russell Investments Group Ltd., Fisher Asset Management LLC and Guggenheim Capital LLC. Company insiders that have sold Anixter company stock in the last year include Robert J Eck and William Standish. View Insider Buying and Selling for Anixter.

AXE stock was purchased by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Earnest Partners LLC, Dimensional Fund Advisors LP, Millennium Management LLC, Wells Fargo & Company MN, Skyline Asset Management LP, Mackay Shields LLC and A.R.T. Advisors LLC. Company insiders that have bought Anixter stock in the last two years include Geoffrey Blair David Clark, Justin C Choi, Melvyn N Klein, Michal Okoniewski, Peter Micheal Neweduk, Samuel Zell and Ted A Dosch. View Insider Buying and Selling for Anixter.

Shares of AXE 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.

One share of AXE stock can currently be purchased for approximately $66.65.

Anixter has a market capitalization of $2.21 billion and generates $7.93 billion in revenue each year. The technology company earns $109 million in net income (profit) each year or $5.16 on an earnings per share basis. Anixter employs 8,900 workers across the globe.

Anixter's mailing address is 2301 PATRIOT BLVD, GLENVIEW IL, 60026. The technology company can be reached via phone at 224-521-8000 or via email at [email protected]