Avnet, Inc. (AVT)
| Market Cap | 4.56B |
| Revenue (ttm) | 26.12B |
| Net Income (ttm) | 795.84M |
| Shares Out | 90.49M |
| EPS (ttm) | 8.59 |
| PE Ratio | 5.87 |
| Forward PE | 8.76 |
| Dividend | $1.24 (2.46%) |
| Ex-Dividend Date | Dec 5, 2023 |
| Volume | 499,182 |
| Open | 50.49 |
| Previous Close | 50.67 |
| Day's Range | 49.88 - 50.64 |
| 52-Week Range | 39.64 - 51.65 |
| Beta | 1.31 |
| Analysts | Hold |
| Price Target | 47.40 (-5.95%) |
| Earnings Date | Jan 31, 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 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%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for AVT stock is "Hold." The 12-month stock price forecast is $47.4, which is a decrease of -5.95% from the latest price.
News
Avnet Declares Regular Quarterly Dividend
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet declares regular quarterly dividend.
Avnet to Participate in Upcoming Investor Conferences
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in upcoming investor conferences.
Avnet Insights Survey Shows Engineers Have Reached a Turning Point
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet Insights survey shows engineers have reached a turning point.
Avnet Reports First Quarter 2024 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports first quarter 2024 financial results.
Avnet to Report First Quarter Fiscal Year 2024 Earnings on November 1
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report first quarter fiscal year 2024 earnings on November 1.
Untether AI Announces New Distributor Partnership with Avnet, Expanding its Global Reach
TORONTO--(BUSINESS WIRE)-- #AI--Today, Untether AI®, the leader in energy-centric AI acceleration technology, announced it has appointed Avnet as its distribution partner in Israel. The distribution p...
Low PE Stocks in Steady Uptrends
As the stock market has made a strong recovery so far this year, investors may be looking for undervalued stocks that are on the rise. This discussion looks at four companies that have solid moving av...
Avnet raises dividend by 7%
Electronics distributor Avnet Inc. AVT, +1.19% said late Tuesday that its board has approved a 7% increase in the company's dividend to 31 cents a share. The dividend will be paid on Sept.
Avnet Increases Quarterly Dividend by 7%
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet increases quarterly dividend by 7%.
Avnet to Participate in the Citi 2023 Global Technology Conference on September 6
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in the Citi 2023 Global Technology Conference on September 6.
Avnet's stock jumps as results and forecast beat estimates
Shares of Avnet Inc. AVT rose 5.2% after hours on Wednesday after the electronic-components supplier reported fourth-quarter results and gave a fourth-quarter forecast that topped Wall Street's expect...
Avnet Reports Fourth Quarter and Fiscal 2023 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports fourth quarter and fiscal 2023 financial results.
Avnet Insights: Driven by Customer Demand, Engineers are Designing for Sustainability
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet Insights Survey: Driven by customer demand, engineers are designing for sustainability.
Avnet to Report Fourth Quarter and Fiscal Year 2023 Earnings on August 16 and to Hold Annual Shareholder Meeting on November 16
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report fourth quarter and fiscal year 2023 earnings on August 16 and to hold annual shareholder meeting on November 16.
Avnet to Participate in Investor Conferences in June
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in investor conferences in June.
Avnet's stock rises 3% on earnings, revenue beats
Avnet Corp.'s AVT stock climbed 3% in extended trading Wednesday after the electronics company posted fiscal third-quarter results that easily exceeded analyst revenue and earnings estimates. Avnet re...
Avnet Reports Third Quarter Fiscal 2023 Financial Results
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet reports third quarter fiscal 2023 financial results.
Avnet to Report Third Quarter Fiscal Year 2023 Earnings on May 3
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report Third Quarter Fiscal Year 2023 earnings on May 3.
7 Dividend-Paying Stocks to Consider
Selected using techniques derived from the works of Benjamin Graham, these basic value stocks are trading below book value and pay dividends. Such equities are for those taking a long-term approach to...
Avnet to Participate in the 44th Annual Raymond James Institutional Investors Conference on March 6
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions company, today announced it will participate in the upcoming 44th Annual Raymond James Institutional Investors Conf...
Avnet Declares Regular Quarterly Dividend of $0.29
PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet declares regular quarterly dividend of $0.29.
Avnet Reports Second Quarter Fiscal 2023 Financial Results
PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (Nasdaq: AVT) today announced results for its second quarter ended December 31, 2022.
Avnet to Report Second Quarter Fiscal Year 2023 Earnings on February 1
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT) a global technology solutions company, today announced it will report financial results for the second quarter fiscal year 2023 on February 1 after mark...
Avnet Insights: Chip Shortage Underscores Opportunity to Strengthen Strategic Relationships
PHOENIX--(BUSINESS WIRE)-- #Avnet--Chip shortage underscores opportunity to strengthen strategic relationships.