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

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$66.00 0.00 (0.00 %)
(As of 06/18/2018 01:47 AM ET)
Previous Close$66.00
Today's Range$65.15 - $66.15
52-Week Range$56.25 - $88.85
Volume202,856 shs
Average Volume125,617 shs
Market Capitalization$2.21 billion
P/E Ratio12.79
Dividend YieldN/A
Beta2.06

About Anixter (NYSE:AXE)

Anixter logoAnixter International Inc., through its subsidiary, Anixter Inc., distributes enterprise cabling and security solutions, electrical and electronic wire and cable products, and utility power solutions. Its Network & Security Solutions 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 switche, and other ancillary products for technology, finance, telecommunications service provider, transportation, education, government, healthcare, and retail industries. The company's Electrical & Electronic 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. Its Utility Power Solutions 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 electricity distribution industries. The company serves contractors, installers, system integrators, value-added resellers, architects, engineers, and wholesale distributors in the manufacturing, resource extraction, Internet service provider, and utility industries, as well as defense customers. It distributes its products primarily in North America, Europe, the Middle East, Africa, the Asia Pacific, and Central and Latin America. The company was formerly known as Itel Corporation. Anixter International Inc. was founded in 1957 and is headquartered in Glenview, Illinois.

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Industry, Sector and Symbol

Industry Electrical apparatus & equipment
Sub-IndustryTechnology Distributors
SectorComputer and Technology
SymbolNYSE:AXE
CUSIP03529010
Phone224-521-8000

Debt

Debt-to-Equity Ratio0.86
Current Ratio2.21
Quick Ratio1.23

Price-To-Earnings

Trailing P/E Ratio12.79
Forward P/E Ratio11.66
P/E Growth1.17

Sales & Book Value

Annual Sales$7.93 billion
Price / Sales0.28
Cash Flow$7.3333 per share
Price / Cash9.00
Book Value$43.85 per share
Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)$5.16
Net Income$109 million
Net Margins1.38%
Return on Equity12.26%
Return on Assets4.19%

Miscellaneous

Employees8,900
Outstanding Shares33,440,000

Anixter (NYSE:AXE) Frequently Asked Questions

What is Anixter's stock symbol?

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

How were Anixter's earnings last quarter?

Anixter (NYSE:AXE) issued its quarterly earnings data on Thursday, April, 26th. The technology company reported $1.16 EPS for the quarter, missing the 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 net margin of 1.38% and a return on equity of 12.26%. Anixter's revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.09 EPS. View Anixter's Earnings History.

When is Anixter's next earnings date?

Anixter is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Anixter.

What price target have analysts set for AXE?

3 brokers have issued 12 month price targets for Anixter's shares. Their forecasts range from $86.00 to $90.00. On average, they anticipate Anixter's share price to reach $88.00 in the next year. View Analyst Ratings for Anixter.

Who are some of Anixter's key competitors?

Who are Anixter's key executives?

Anixter's management team includes the folowing people:
  • Mr. Robert J. Eck, CEO & Director (Age 59)
  • Mr. William A. Galvin, Pres & COO (Age 55)
  • Mr. Theodore A. Dosch CPA, Exec. VP of Fin. & CFO (Age 59)
  • Mr. Justin C. Choi, Exec. VP, Gen. Counsel & Corp. Sec. (Age 52)
  • Ms. Ilaria Mocciaro, Sr. VP, Corp. Controller & Principal Accounting Officer

Has Anixter been receiving favorable news coverage?

News articles about AXE stock have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Anixter earned a coverage optimism score of 0.11 on Accern's scale. They also gave media headlines about the technology company an impact score of 46.55 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Anixter's major shareholders?

Anixter's stock is owned by a number of of institutional and retail investors. Top institutional investors 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.

Which institutional investors are selling Anixter stock?

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.

Which institutional investors are buying Anixter stock?

AXE stock was acquired 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.

How do I buy shares of 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.

What is Anixter's stock price today?

One share of AXE stock can currently be purchased for approximately $66.00.

How big of a company is Anixter?

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.

How can I contact Anixter?

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]


MarketBeat Community Rating for Anixter (AXE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  225 (Vote Underperform)
Total Votes:  440
MarketBeat's community ratings are surveys of what our community members think about Anixter 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.
This page was last updated on 6/18/2018 by MarketBeat.com Staff

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