Avnet, Inc. (AVT)

NASDAQ: AVT · Real-Time Price · USD
53.07
+0.16 (0.30%)
At close: Dec 20, 2024, 4:00 PM
52.92
-0.15 (-0.28%)
After-hours: Dec 20, 2024, 6:07 PM EST
0.30%
Market Cap 4.61B
Revenue (ttm) 23.03B
Net Income (ttm) 348.39M
Shares Out 86.94M
EPS (ttm) 3.83
PE Ratio 13.86
Forward PE 12.18
Dividend $1.28 (2.41%)
Ex-Dividend Date Dec 4, 2024
Volume 4,772,631
Open 52.83
Previous Close 52.91
Day's Range 52.27 - 54.20
52-Week Range 43.62 - 59.24
Beta 1.16
Analysts Sell
Price Target 48.50 (-8.61%)
Earnings Date Jan 29, 2025

About AVT

Avnet, Inc., distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical e... [Read more]

Sector Technology
Founded 1921
Employees 15,462
Stock Exchange NASDAQ
Ticker Symbol AVT
Full Company Profile

Financial Performance

In 2024, Avnet's revenue was $23.76 billion, a decrease of -10.48% compared to the previous year's $26.54 billion. Earnings were $498.70 million, a decrease of -35.30%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for AVT stock is "Sell." The 12-month stock price forecast is $48.5, which is a decrease of -8.61% from the latest price.

Price Target
$48.5
(-8.61% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Avnet to Participate in Investor Conferences in December

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in investor conferences in December.

25 days ago - Business Wire

Avnet Declares Regular Quarterly Dividend

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet declares regular quarterly dividend.

4 weeks ago - Business Wire

Avnet, Inc. (AVT) Q1 2025 Earnings Call Transcript

Avnet, Inc. (NASDAQ:AVT) Q1 2025 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Joe Burke - Vice President, Treasurer & Investor Relations Phil Gallagher - Chief Executive...

7 weeks ago - Seeking Alpha

Avnet Reports First Quarter 2025 Financial Results

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports first quarter 2025 financial results.

7 weeks ago - Business Wire

Avnet to Report First Quarter Fiscal Year 2025 Earnings on October 30

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report first quarter fiscal year 2025 earnings on October 30.

2 months ago - Business Wire

Avnet to Support South East Water's Mass Digital Meter Deployment

MELBOURNE, Australia--(BUSINESS WIRE)---- $AVT #Avnet--Avnet has been awarded the contract to supply Huizhong's SCL61H-100 smart ultrasonic water meters to South East Water (SEW).

3 months ago - Business Wire

12 Upcoming Dividend Increases

As fall approaches, twelve smaller financial institutions are set to increase dividends, averaging a 7.6% increase. My investment strategy focuses on companies with consistent dividend growth and outp...

3 months ago - Seeking Alpha

Daily Dividend Report: MMM, Halliburton, Avnet,Estee Lauder, CBOE

The 3M Board of Directors today declared a dividend on the company's common stock of $0.70 per share for the third quarter of 2024. The dividend is payable September 12, 2024, to shareholders of recor...

Other symbols: CBOEELMMMHAL
4 months ago - Forbes

Avnet Expands Share Repurchase Authorization to $600 Million and Increases Dividend by 6%

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet expands share repurchase authorization to $600 million and increases dividend by 6%.

4 months ago - Business Wire

Avnet Names Ginnie Henkels and Helmut Gassel to its Board of Directors

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet names Ginnie Henkels and Helmut Gassel to its Board of Directors.

4 months ago - Business Wire

Avnet, Inc. (AVT) Q4 2024 Earnings Call Transcript

Avnet, Inc. (NASDAQ:AVT) Q4 2024 Earnings Conference Call August 8, 2024 12:00 PM ET Company Participants Joe Burke - Vice President, Treasurer & Investor Relations Phil Gallagher - Chief Executive O...

4 months ago - Seeking Alpha

Avnet Reports Fourth Quarter and Fiscal 2024 Financial Results

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports fourth quarter and fiscal 2024 financial results.

4 months ago - Business Wire

Avnet to Participate in the Oppenheimer Technology Conference on August 13

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in the Oppenheimer Technology Conference on August 13.

5 months ago - Business Wire

Avnet to Report Fourth Quarter and Fiscal Year 2024 Earnings on August 8 and to Hold Annual Shareholder Meeting on November 22

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report fourth quarter and fiscal year 2024 earnings on August 8 and to hold annual shareholder meeting on November 22.

5 months ago - Business Wire

Avnet Launches New Brand to Consolidate Embedded Compute Options

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet launches new Tria(tm) brand to consolidate embedded compute options.

5 months ago - Business Wire

Avnet Names Rebeca Obregon New President of Farnell

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet names Rebeca Obregon new president of Farnell.

6 months ago - Business Wire

CORRECTING and REPLACING Avnet Declares Regular Quarterly Dividend

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet declares regular quarterly dividend.

7 months ago - Business Wire

Avnet to Participate in Investor Conferences in June

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in investor conferences in June.

7 months ago - Business Wire

Avnet, Inc. (AVT) Q3 2024 Earnings Call Transcript

Avnet, Inc. (NASDAQ:AVT) Q3 2024 Results Conference Call May 1, 2024 12:00 PM ET Company Participants Joe Burke - VP, Treasury & IR Phil Gallagher - CEO Ken Jacobson - CFO Conference Call Participant...

8 months ago - Seeking Alpha

Avnet Reports Third Quarter 2024 Financial Results

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports third quarter 2024 financial results.

8 months ago - Business Wire

Panasas Signs Worldwide Manufacturing and Fulfillment Partnership with Avnet

SAN JOSE, Calif.--(BUSINESS WIRE)--Panasas, a leading data solutions provider for high-performance computing (HPC) and artificial intelligence (AI), and Avnet (Nasdaq: AVT) today announced an agreemen...

8 months ago - Business Wire

Avnet to Report Third Quarter Fiscal Year 2024 Earnings on May 1

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report third quarter fiscal year 2024 earnings on May 1.

8 months ago - Business Wire

Avnet to Participate in the Raymond James Institutional Investors Conference on March 4

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in the Raymond James Institutional Investors Conference on March 4.

10 months ago - Business Wire

Avnet Inc. (AVT) Q2 2024 Earnings Call Transcript

Avnet Inc. (AVT) Q2 2024 Earnings Call Transcript

11 months ago - Seeking Alpha

Avnet Reports Second Quarter 2024 Financial Results

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports second quarter 2024 financial results.

11 months ago - Business Wire