Avnet/AVT

$47.46

1.71%
-
1D1W1MYTD1YMAX

About Avnet

Avnet, Inc. is a global electronic component technology distributor and solutions provider. The Company markets, sells, and distributes electronic components from electronic component manufacturers, including semiconductors, interconnect, passive and electromechanical components, and other integrated and embedded components. Its primary operating groups include Electronic Components (EC) and Farnell. EC serves a variety of markets ranging from industrial to automotive to defense and aerospace. EC offers an array of customer support options throughout the entire product lifecycle, including turnkey and customized design, supply chain, new product introduction, programming, logistics and post-sales services. The Farnell operating group primarily supports lower-volume customers and distributes a portfolio of kits, tools, electronic components, industrial automation components, and test and measurement products to both engineers and entrepreneurs, primarily through an e-commerce channel.

Ticker

AVT

Sector

Technology

Trading on

NASDAQ

Industry

Electronic Instr. & Controls

CEO

Philip Gallagher

Employees

15,800

Headquarters

Phoenix, United States

Avnet Metrics

BasicAdvanced
$4.22B
Market cap
6.45
P/E ratio
$7.23
EPS
1.24
Beta
$1.20
Dividend rate
2.66%
Dividend yield
$4.22B
1.23652
$51.65
$39.64
591.67K
$1.20
2.337
1.054
54.956
68.854
16.29%
18.164
3.86%
5.37%
14.19%
8.32%
6.45
0.165
0.836
0.998
2.28%
2.57%
2.66%
-2.73%
-18.8%
14.59%
11.36%

What the Analysts think about Avnet

Analyst Ratings

Majority rating from 8 analysts.
Hold

Price Targets

Average projection from 6 analysts.
1.14% upside
High $57.00
Low $40.00
$47.46
Current price
$48.00
Average price target

Avnet Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
1.9% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$6.2B
-2.06%
Net income
$117.9M
-43.64%
Profit margin
1.9%
-42.42%

Avnet Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 0.1%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
$2.00
$2.06
$1.61
$1.40
-
Expected
$1.79
$1.65
$1.52
$1.40
$1.10
Surprise
11.67%
24.77%
5.71%
0.1%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Avnet stock?

Avnet (AVT) has a market cap of $4.22B as of April 23, 2024.

What is the P/E ratio for Avnet stock?

The price to earnings (P/E) ratio for Avnet (AVT) stock is 6.45 as of April 23, 2024.

Does Avnet stock pay dividends?

Yes, the Avnet (AVT) stock pays dividends to shareholders. As of April 23, 2024, the dividend rate is $1.2 and the yield is 2.66%. Avnet has a payout ratio of 16.29% on a trailing twelve-month basis.

When is the next Avnet dividend payment date?

The next Avnet (AVT) dividend payment date is unconfirmed.

What is the beta indicator for Avnet?

Avnet (AVT) has a beta rating of 1.24. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Avnet stock price target?

The target price for Avnet (AVT) stock is $48, which is 1.31% above the current price of $47.38. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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