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Avnet (AVT)
:AVT
Holding AVT?
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AVT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$43.62 - $59.24
Previous CloseN/A
Volume104.97K
Average Volume (3M)832.42K
Market Cap
$4.52B
Enterprise Value$7.78B
Total Cash (Recent Filing)$1.12B
Total Debt (Recent Filing)$1.73B
Price to Earnings (P/E)13.8
Beta0.89
Next Earnings
Jan 29, 2025EPS Estimate
0.89Last Dividend Ex-Date
Dec 04, 2024Dividend Yield2.46%
Share Statistics
EPS (TTM)3.82
Shares Outstanding86,940,950
10 Day Avg. Volume524,682
30 Day Avg. Volume832,420
Standard Deviation0.09
R-Squared0.45
Alpha-0.00348
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.20
Price to Cash Flow (P/CF)10.80
P/FCF Ratio15.40
Enterprise Value/Market Cap1.72
Enterprise Value/Revenue0.34
Enterprise Value/Gross Profit2.81
Enterprise Value/Ebitda9.20
Forecast
1Y Price Target
$53.00Price Target Upside0.65% Upside
Rating ConsensusHold
Number of Analyst Covering4
Avnet News
PremiumCompany Announcements
Avnet’s 2025 Q1 Earnings: Sales and Growth Insights
PremiumPre-Earnings
Avnet (AVT) Q1 Earnings Cheat SheetBulls Say, Bears Say
Bulls Say
Financial PerformanceAVT delivered F1Q revenue of $5.6 billion, surpassing the high end of its guidance range and exceeding Street expectations of $5.4 billion.
Market DemandAsia is leading western regions in demand recovery by returning to year-over-year growth.
Strategic InitiativesAvnet is confident in achieving double-digit EBIT percentage through new leadership and additional cost optimization plans.
Bears Say
Business PerformanceFarnell's catalog business has much weaker margins than expected, with operating margin at 0.5% versus an expectation for flat at 4.0%.
Financial PerformanceThe operating environment remains challenging and margins are expected to remain weak for the next few quarters.
Supply ChainInventory correction in the supply chain continues, and there is caution as the correction is expected to continue for a few more quarters.
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Ownership Overview
0.78% Insiders
28.68% Mutual Funds
1.62% Other Institutional Investors
33.90% Public Companies and Individual Investors
AVT FAQ
What was Avnet’s price range in the past 12 months?
Avnet lowest stock price was $43.62 and its highest was $59.24 in the past 12 months.
What is Avnet’s market cap?
Avnet’s market cap is $4.52B.
When is Avnet’s upcoming earnings report date?
Avnet’s upcoming earnings report date is Jan 29, 2025 which is in 11 days.
How were Avnet’s earnings last quarter?
Avnet released its earnings results on Oct 30, 2024. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.858 by $0.062.
Is Avnet overvalued?
According to Wall Street analysts Avnet’s price is currently Undervalued.
Does Avnet pay dividends?
Avnet pays a Quarterly dividend of $1.28 which represents an annual dividend yield of 2.46%. See more information on Avnet dividends here
What is Avnet’s EPS estimate?
Avnet’s EPS estimate is 0.89.
How many shares outstanding does Avnet have?
Avnet has 86,940,950 shares outstanding.
What happened to Avnet’s price movement after its last earnings report?
Avnet reported an EPS of $0.92 in its last earnings report, beating expectations of $0.858. Following the earnings report the stock price went up 5.929%.
Which hedge fund is a major shareholder of Avnet?
Among the largest hedge funds holding Avnet’s share is Pzena Investment Management LLC. It holds Avnet’s shares valued at 449M.
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Avnet Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$53.00 (0.65% Upside)
$53.00 (0.65% Upside)
Hedge Fund Trend
Decreased
By 62.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 9.7%
Last 30 Days ▼ 9.7%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.65%
12-Months-Change
Fundamentals
Return on Equity
7.07%
Trailing 12-Months
Asset Growth
-0.39%
Trailing 12-Months
Company Description
Avnet
Avnet, Inc. engages in the distribution and sale of electronic components. It operates through the Electronics Components and Farnell segments. The Electronics Components segment markets and sells semiconductors, interconnect, passive and electromechanical devices, and integrated components. The Farnell segment involves in the distribution of electronic components and related products to the electronic system design community utilizing multi-channel sales and marketing resources. The company was founded by Charles Avnet in 1921 and is headquartered in Phoenix, AZ.
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AVT Company Deck
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AVT Earnings Call
Q1 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment with strong performance in Asia and better-than-expected cash flow and EPS, countered by significant challenges, particularly in EMEA and Farnell, and a decrease in gross margin. The company shows optimism for future growth in specific sectors like AI and data centers, but faces current headwinds in key markets and regions.Read More>---
AVT Stock 12 Month Forecast
Average Price Target
$53.00
▲(0.65% Upside)
Technical Analysis
Arrow Electronics
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TD SYNNEX Corporation
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Hewlett Packard Enterprise
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CDW
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Silicon Laboratories
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Microchip
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Best Analysts Covering AVT
1 Year
1 Year Success Rate
5/9 ratings generated profit
1 Year Average Return
-1.41%
reiterated a sell rating last month
Copying Joseph Quatrochi's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of -1.41% per trade.
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