NYSE:AXEAnixter International Stock Price, Forecast & News

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

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.

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

Anixter International Inc. (NYSE:AXE) released its quarterly earnings data on Tuesday, April, 28th. The technology company reported $1.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 net margin of 2.95% and a return on equity of 14.30%. The business's revenue was down 1.7% on a year-over-year basis. During the same period last year, the company earned $1.33 EPS. View Anixter International's earnings history.

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

Media stories about AXE stock have trended somewhat negative on Thursday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Anixter International earned a news impact score of -1.6 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news about Anixter International.

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.

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).

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

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.

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

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.

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

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]