Avnet, Inc. (AVT)
| Market Cap | 4.12B |
| Revenue (ttm) | 25.48B |
| Net Income (ttm) | 765.32M |
| Shares Out | 94.05M |
| EPS (ttm) | 7.77 |
| PE Ratio | 5.70 |
| Forward PE | 6.77 |
| Dividend | $1.10 (2.48%) |
| Ex-Dividend Date | Dec 6, 2022 |
| Volume | 686,850 |
| Open | 44.57 |
| Previous Close | 44.99 |
| Day's Range | 43.99 - 44.75 |
| 52-Week Range | 35.45 - 50.19 |
| Beta | 1.34 |
| Analysts | Hold |
| Price Target | 45.90 (+3.7%) |
| Earnings Date | Jan 24, 2023 |
About AVT
Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; 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... [Read more]
Financial Performance
In 2022, Avnet's revenue was $24.31 billion, an increase of 24.45% compared to the previous year's $19.53 billion. Earnings were $692.38 million, an increase of 258.53%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for AVT stock is "Hold." The 12-month stock price forecast is 45.9, which is an increase of 3.66% from the latest price.
News
Why Is Avnet (AVT) Up 14.5% Since Last Earnings Report?
Avnet (AVT) reported earnings 30 days ago. What's next for the stock?
Avnet Declares Regular Quarterly Dividend of $0.29
PHOENIX--( BUSINESS WIRE )--Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions company, today announced that on Nov. 16, 2022, its Board of Directors approved a regular quarterly cash divi...
Why Avnet (AVT) is a Top Value Stock for the Long-Term
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Avnet Insights: Chip Shortage Underscores Opportunity to Strengthen Strategic Relationships
PHOENIX--(BUSINESS WIRE)-- #Avnet--Chip shortage underscores opportunity to strengthen strategic relationships.
Avnet (AVT) Q1 Earnings and Revenues Beat Estimates, Up Y/Y
Avnet's (AVT) first-quarter fiscal 2023 performance reflects a strong demand environment for the company's products and its continued investments in e-commerce and expanding customer relationships.
Avnet (AVT) Q1 Earnings and Revenues Top Estimates
Avnet (AVT) delivered earnings and revenue surprises of 4.71% and 6.33%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Why Avnet (AVT) Could Beat Earnings Estimates Again
Avnet (AVT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Avnet (AVT) to Report Q1 Earnings: Key Factors to Consider
Avnet's (AVT) fiscal Q1 results are likely to witness growing demand for its electronic components. However, geopolitical constraints, inflation and supply-chain challenges might have hurt sales & earni...
Avnet (AVT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Avnet (AVT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Avnet to Report First Quarter Fiscal Year 2023 Earnings on October 26
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report first quarter fiscal year 2023 earnings on October 26.
Avnet (AVT) Down 2.2% Since Last Earnings Report: Can It Rebound?
Avnet (AVT) reported earnings 30 days ago. What's next for the stock?
Watch These 5 Stocks That Recently Hiked Their Dividends
At this stage, one should consider stocks that have recently raised their dividend payments. Five such companies are VZ, STC, CZFS, AVT and BRC.
Avnet BOD Officially Appoints Ken A. Jacobson as Chief Financial Officer
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet BOD officially appoints Ken A. Jacobson as Chief Financial Officer.
Avnet Increases Quarterly Dividend by 11.5%
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet increases quarterly dividend by 11.5%.
Avnet to Participate in Citi Global Technology Conference
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in Citi Global Technology Conference.
Avnet (AVT) Beats on Earnings & Revenue Estimates in Q4
Avnet's (AVT) fourth-quarter performance reflects a strong demand environment for the company's products and its continued investments in e-commerce and expanding customer relationships.
Avnet (AVT) Q4 Earnings and Revenues Beat Estimates
Avnet (AVT) delivered earnings and revenue surprises of 5.61% and 2.73%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Avnet Reports Fourth Quarter and Fiscal 2022 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports fourth quarter and fiscal 2022 financial results.
How Inflation Boosted This Electronics Distributor Amid Supplier Losses
The loss of two big suppliers during the Covid pandemic didn't stop electronics distributor Avnet from rebounding as the crisis eased. The post How Inflation Boosted This Electronics Distributor Amid Su...
Avnet (AVT) Earnings Expected to Grow: Should You Buy?
Avnet (AVT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Avnet to Report Fourth Quarter and Fiscal Year 2022 Earnings on August 10 and to Hold Annual Shareholder Meeting on N...
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report fourth quarter and fiscal year 2022 earnings on August 10 and to hold annual shareholder meeting on November 17.
Is Trending Stock Avnet, Inc. (AVT) a Buy Now?
Recently, Zacks.com users have been paying close attention to Avnet (AVT). This makes it worthwhile to examine what the stock has in store.
Avnet (AVT) Just Reclaimed the 50-Day Moving Average
Good things could be on the horizon when a stock surpasses the 50-Day simple moving average. How should investors react?
Is Most-Watched Stock Avnet, Inc. (AVT) Worth Betting on Now?
Recently, Zacks.com users have been paying close attention to Avnet (AVT). This makes it worthwhile to examine what the stock has in store.