Avnet, Inc. (AVT)
Market Cap | 4.60B |
Revenue (ttm) | 23.03B |
Net Income (ttm) | 348.39M |
Shares Out | 86.94M |
EPS (ttm) | 3.83 |
PE Ratio | 13.82 |
Forward PE | 12.14 |
Dividend | $1.32 (2.49%) |
Ex-Dividend Date | Sep 11, 2024 |
Volume | 567,139 |
Open | 52.20 |
Previous Close | 52.26 |
Day's Range | 51.78 - 52.94 |
52-Week Range | 43.62 - 59.24 |
Beta | 1.17 |
Analysts | Sell |
Price Target | 48.50 (-8.35%) |
Earnings Date | Oct 30, 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... [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 $48.5, which is a decrease of -8.35% from the latest price.
News
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 Declares Regular Quarterly Dividend
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet declares regular quarterly dividend.
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...
Avnet Reports Third Quarter 2024 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports third quarter 2024 financial results.
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...
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.
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.
Avnet Inc. (AVT) Q2 2024 Earnings Call Transcript
Avnet Inc. (AVT) Q2 2024 Earnings Call Transcript
Avnet Reports Second Quarter 2024 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports second quarter 2024 financial results.
Avnet to Report Second Quarter Fiscal Year 2024 Earnings on January 31
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report second quarter fiscal year 2024 earnings on January 31.