Avnet, Inc. (AVT)

Market Cap	4.75B
Revenue (ttm)	24.75B
Net Income (ttm)	571.29M
Shares Out	90.38M
EPS (ttm)	6.18
PE Ratio	8.50
Forward PE	9.89
Dividend	$1.24 (2.36%)
Ex-Dividend Date	Mar 5, 2024

Volume	502,737
Open	52.13
Previous Close	51.75
Day's Range	52.02 - 52.80
52-Week Range	40.98 - 52.80
Beta	1.23
Analysts	Sell
Price Target	45.00 (-14.38%)
Earnings Date	May 1, 2024

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...

• Industry: Electronics & Computer Distribution
• Sector: Technology
• Founded: 1921
• Employees: 15,800
• Stock Exchange: NASDAQ
• Ticker Symbol: AVT

Financial Performance

In 2023, Avnet's revenue was $26.54 billion, an increase of 9.16% compared to the previous year's $24.31 billion. Earnings were $770.83 million, an increase of 11.33%.

Analyst Forecast

According to 4 analysts, the average rating for AVT stock is "Sell." The 12-month stock price forecast is $45.0, which is a decrease of -14.38% from the latest price.

Price Target

$45.0

(-14.38% downside)

Analyst Consensus: Sell