NYSE:AXEAnixter International Stock Price, Forecast & News

$97.85

0.00 (0.00 %)

(As of 06/19/2020)

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Today's Range

$97.45

Now: $97.85▼

$98.28

50-Day Range

$93.95

MA: $97.04▼

$98.21

52-Week Range

$55.35

Now: $97.85▼

$99.39

Volume2.53 million shs

Average Volume518,132 shs

Market Capitalization$3.33 billion

P/E Ratio12.96

Dividend YieldN/A

Beta1.4

Anixter International Inc., through its subsidiary, Anixter Inc., distributes enterprise cabling and security solutions, electrical and electronic wire and cable solutions, and utility power solutions worldwide. The company operates through Network & Security Solutions (NSS), Electrical & Electronic Solutions (EES), and Utility Power Solutions (UPS) segments. The NSS segment offers copper and fiber optic cable and connectivity, access control, video surveillance, intrusion and fire/life safety, cabinet, power, cable management, wireless, professional audio/video, voice and networking switches, and other ancillary products for the technology, finance, transportation, education, government, healthcare, and retail industries, as well as telecommunications service providers. The EES Solutions segment provides electrical and electronic wires and cables, shipboard cables, support and supply products, low-voltage and instrumentation cables, industrial communication and control products, security cables, connectors, industrial Ethernet switches, and voice and data cables to the commercial and industrial, and original equipment manufacturer markets. The UPS segment supplies electrical transmission and distribution products, power plant maintenance, repair and operations supplies, and smart-grid products, as well as arranges materials management and procurement outsourcing for the power generation and transmission, and electricity distribution industries. The company serves contractors, installers, system integrators, value-added resellers, architects, engineers, and wholesale distributors in various industries, including manufacturing, resource extraction, telecommunications, Internet service providers, finance, education, healthcare, retail, transportation, utilities, and defense, as well as government customers. The company was formerly known as Itel Corporation. Anixter International Inc. was founded in 1957 and is headquartered in Glenview, Illinois.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Anixter International has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $85.50, Anixter International has a potential downside of 12.6% from its current price of $97.85.
Amount of Analyst Coverage
Anixter International has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
Anixter International has received 353 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Anixter International has received 366 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Anixter International has received 50.90% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Anixter International and other stocks. Vote “Outperform” if you believe AXE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AXE will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Anixter International does not currently pay a dividend.
Dividend Growth
Anixter International does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Anixter International insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 11.00% of the stock of Anixter International is held by insiders.
Percentage Held by Institutions
92.86% of the stock of Anixter International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Anixter International are expected to grow by 16.43% in the coming year, from $4.93 to $5.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Anixter International is 12.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Anixter International is 12.96, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 42.78.
Price to Book Value per Share Ratio
Anixter International has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.33 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electrical apparatus & equipment

Sub-IndustryTechnology Distributors

SectorComputer and Technology

Current SymbolNYSE:AXE

Previous Symbol

CUSIP03529010

CIK52795

Webwww.anixter.com

Phone224-521-8000

Debt

Debt-to-Equity Ratio0.83

Current Ratio2.28

Quick Ratio1.31

Price-To-Earnings

Trailing P/E Ratio12.96

Forward P/E Ratio19.85

P/E GrowthN/A

Sales & Book Value

Annual Sales$8.85 billion

Price / Sales0.38

Cash Flow$9.72 per share

Price / Cash Flow10.07

Book Value$55.01 per share

Price / Book1.78

Profitability

EPS (Most Recent Fiscal Year)$7.48

Net Income$262.90 million

Net Margins2.95%

Return on Equity14.30%

Return on Assets5.23%

Miscellaneous

Employees9,400

Outstanding Shares34,001,000

Market Cap$3.33 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Anixter International (NYSE:AXE) Frequently Asked Questions

How has Anixter International's stock been impacted by COVID-19 (Coronavirus)?

Anixter International's stock was trading at $92.19 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AXE shares have increased by 6.1% and is now trading at $97.85. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Anixter International?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Anixter International in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Anixter International.

When is Anixter International's next earnings date?

Anixter International is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Anixter International.

How were Anixter International's earnings last quarter?

Anixter International Inc. (NYSE:AXE) posted its quarterly earnings results on Tuesday, April, 28th. The technology company reported $1.28 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.48 by $0.20. The technology company earned $2.07 billion during the quarter, compared to analyst estimates of $2.16 billion. Anixter International had a return on equity of 14.30% and a net margin of 2.95%. The firm's revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.33 EPS. View Anixter International's earnings history.

What price target have analysts set for AXE?

2 equities research analysts have issued 12-month target prices for Anixter International's stock. Their forecasts range from $81.00 to $90.00. On average, they anticipate Anixter International's share price to reach $85.50 in the next twelve months. This suggests that the stock has a possible downside of 12.6%. View analysts' price targets for Anixter International.

Has Anixter International been receiving favorable news coverage?

News headlines about AXE stock have been trending very negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Anixter International earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Anixter International.

Who are some of Anixter International's key competitors?

Some companies that are related to Anixter International include SYNNEX (SNX), Arrow Electronics (ARW), Tech Data (TECD), Avnet (AVT), Insight Enterprises (NSIT), PC Connection (CNXN), ScanSource (SCSC), Agilysys (AGYS) and Richardson Electronics (RELL). View all competitors.

What other stocks do shareholders of Anixter International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Anixter International investors own include Schlumberger (SLB), AT&T (T), AbbVie (ABBV), CVS Health (CVS), General Electric (GE), salesforce.com (CRM), Cisco Systems (CSCO), Walt Disney (DIS), Intel (INTC) and 3M (MMM).

Who are Anixter International's key executives?

Anixter International's management team includes the following people:

Mr. William A. Galvin, Pres & CEO (Age 56)
Mr. Theodore A. Dosch CPA, Exec. VP of Fin. & CFO (Age 60)
Mr. Robert M. Graham, Exec. VP of Electrical & Electronic Solutions (Age 51)
Mr. Orlando McGee, Exec. VP of Operations (Age 57)
Mr. Scott Ramsbottom, Exec. VP & Chief Information Officer (Age 45)

What is Anixter International's stock symbol?

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

Who are Anixter International's major shareholders?

Anixter International's stock is owned by a number of retail and institutional investors. Top institutional investors include Contravisory Investment Management Inc. (0.00%). Company insiders that own Anixter International stock include F Philip Handy, Mccleary Alice, Robert J Eck, Ted A Dosch and William Galvin. View institutional ownership trends for Anixter International.

Which institutional investors are buying Anixter International stock?

AXE stock was purchased by a variety of institutional investors in the last quarter, including Contravisory Investment Management Inc.. View insider buying and selling activity for Anixter International.

How do I buy shares of Anixter International?

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, Robinhood, Fidelity, and Charles Schwab.

What is Anixter International's stock price today?

One share of AXE stock can currently be purchased for approximately $97.85.

How big of a company is Anixter International?

Anixter International has a market capitalization of $3.33 billion and generates $8.85 billion in revenue each year. The technology company earns $262.90 million in net income (profit) each year or $7.48 on an earnings per share basis. Anixter International employs 9,400 workers across the globe.

What is Anixter International's official website?

The official website for Anixter International is www.anixter.com.

How can I contact Anixter International?

Anixter International'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]

This page was last updated on 7/13/2020 by MarketBeat.com Staff

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