Avnet, Inc. (AVT)
Market Cap | 4.49B |
Revenue (ttm) | 22.48B |
Net Income (ttm) | 317.71M |
Shares Out | 86.50M |
EPS (ttm) | 3.53 |
PE Ratio | 14.68 |
Forward PE | 12.26 |
Dividend | $1.32 (2.55%) |
Ex-Dividend Date | Dec 4, 2024 |
Volume | 614,855 |
Open | 52.96 |
Previous Close | 52.51 |
Day's Range | 51.39 - 52.96 |
52-Week Range | 45.45 - 59.24 |
Beta | 1.15 |
Analysts | Sell |
Price Target | 50.00 (-3.57%) |
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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for AVT stock is "Sell." The 12-month stock price forecast is $50.0, which is a decrease of -3.57% from the latest price.
News

Avnet Declares Regular Quarterly Dividend
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet declares regular quarterly dividend.

Avnet to Participate in the Raymond James Institutional Investors Conference on March 3
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in the Raymond James Institutional Investors Conference on March 3.

Avnet: Stock Likely To Remain Rangebound In The Near Term
There is evidence of industry recovery and strong performance in Asia is a very positive sign. Weakness in the Americas and EMEA, coupled with uncertain timing of demand recovery, justifies maintainin...

Avnet, Inc. (AVT) Q2 2025 Earnings Conference Call Transcript
Avnet, Inc. (NASDAQ:AVT) Q2 2025 Earnings Conference Call January 29, 2025 11:00 AM ET Company Participants Joseph Burke - Vice President, Treasurer & Investor Relations Philip Gallagher - Chief Exec...

Avnet Reports Second Quarter 2025 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports second quarter 2025 financial results.

Avnet to Report Second Quarter Fiscal Year 2025 Earnings on January 29
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report second quarter fiscal year 2025 earnings on January 29.

Avnet Insights Survey: Is There Endless Opportunity for AI in Product Design?
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet's annual survey finds engineers are unsure of where AI will make the most impact – because they see its potential everywhere.

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

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...

Avnet Reports First Quarter 2025 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports first quarter 2025 financial results.

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.

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).

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...

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...

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%.

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.

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...

Avnet Reports Fourth Quarter and Fiscal 2024 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports fourth quarter and fiscal 2024 financial results.

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.

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.

Avnet Launches New Brand to Consolidate Embedded Compute Options
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet launches new Tria(tm) brand to consolidate embedded compute options.

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

CORRECTING and REPLACING Avnet Declares Regular Quarterly Dividend
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet declares regular quarterly dividend.

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

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...