NYSE:AXE - Anixter International Stock Price, News & Analysis

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

Anixter International Inc. (NYSE:AXE) announced its earnings results on Thursday, July, 25th. The technology company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.52. The technology company had revenue of $2.26 billion for the quarter, compared to analysts' expectations of $2.23 billion. Anixter International had a net margin of 2.21% and a return on equity of 13.80%. The firm's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.53 EPS. View Anixter International's Earnings History.

Anixter International is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Anixter International.

Anixter International issued an update on its third quarter 2019 earnings guidance on Thursday, July, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.22258-2.26616 billion, compared to the consensus revenue estimate of $2.24 billion.

1 analysts have issued 1 year price objectives for Anixter International's shares. Their predictions range from $60.00 to $60.00. On average, they anticipate Anixter International's share price to reach $60.00 in the next year. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Price Targets for Anixter International.

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

News articles about AXE stock have trended positive on Tuesday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Anixter International earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Anixter International.

Some companies that are related to Anixter International include NEC (NIPNF), Ubiquiti Networks (UBNT), Guidewire Software (GWRE), F5 Networks (FFIV), 58.com (WUBA), Cognex (CGNX), Mongodb (MDB), Line (LN), Advantest (ATEYY), The Sage Group (SGE), PTC (PTC), Anaplan (PLAN), ROHM CO LTD/ADR (ROHCY), ON Semiconductor (ON) and Zillow Group (ZG).

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

Anixter International's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.95%), Vanguard Group Inc. (9.48%), Victory Capital Management Inc. (5.90%), Pzena Investment Management LLC (5.50%), Earnest Partners LLC (2.62%) and Fisher Asset Management LLC (2.05%). Company insiders that own Anixter International stock include F Philip Handy, Geoffrey Blair David Clark, Justin C Choi, Melvyn N Klein, Michal Okoniewski, Robert J Eck, Ted A Dosch 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 Russell Investments Group Ltd., Prudential Financial Inc., Jacobs Levy Equity Management Inc., Man Group plc, Fisher Asset Management LLC, State Board of Administration of Florida Retirement System, Wells Fargo & Company MN and Pzena Investment Management LLC. Company insiders that have sold Anixter International company stock in the last year include F Philip Handy and Robert J Eck. View Insider Buying and Selling for Anixter International.

AXE stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Victory Capital Management Inc., BlackRock Inc., Morgan Stanley, Invesco Ltd., Bank of New York Mellon Corp, Renaissance Technologies LLC and Balter Liquid Alternatives LLC. Company insiders that have bought Anixter International stock in the last two years include Geoffrey Blair David Clark, Justin C Choi, Melvyn N Klein, Michal Okoniewski and Ted A Dosch. 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 $58.30.

Anixter International has a market capitalization of $1.97 billion and generates $8.40 billion in revenue each year. The technology company earns $156.30 million in net income (profit) each year or $5.83 on an earnings per share basis. Anixter International employs 9,300 workers across the globe.View Additional Information About Anixter International.

The official website for Anixter International is http://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]