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

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

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

Anixter International is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Anixter International.

2 brokers have issued 12 month price objectives for Anixter International's stock. Their predictions range from $86.00 to $90.00. On average, they expect Anixter International's share price to reach $88.00 in the next twelve months. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Ratings for Anixter International.

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

Some companies that are related to Anixter International include The Ultimate Software Group (ULTI), Trimble (TRMB), TIM Participacoes (TSU), PerkinElmer (PKI), Micro Focus International (MCRO), Microsemi (MSCC), Obic (OBIIF), Trend Micro (TMICY), Cognex (CGNX), Flex (FLEX), ZTE CORP/ADR (ZTCOY), Teradyne (TER), Guidewire Software (GWRE), HUYA (HUYA) and Logitech International (LOGI).

Media coverage about AXE stock has trended positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Anixter International earned a news sentiment score of 0.32 on Accern's scale. They also assigned news stories about the technology company an impact score of 46.79 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Anixter International's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.87%). Company insiders that own Anixter International 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 International.

AXE stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC. Company insiders that have sold Anixter International company stock in the last year include Robert J Eck and William Standish. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of AXE stock can currently be purchased for approximately $64.70.

Anixter International has a market capitalization of $2.16 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 International employs 8,900 workers across the globe.

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]