Avnet (AVT)
(Delayed Data from NSDQ)
$47.43 USD
+0.67 (1.43%)
Updated Dec 1, 2023 03:59 PM ET
After-Market: $47.42 -0.01 (-0.02%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth C Momentum B VGM
Company Summary
Based in Phoenix, AZ, Avnet Inc., (AVT) is one of the world’s largest distributors of electronic components and computer products. The company’s customer base includes original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, original design manufacturers (ODMs), and value-added resellers (VARs). Avnet maintains an extensive inventory, including electronic products from more than 300 component and system manufacturers, which it distributes to customers worldwide.
Avnet distributes products for companies like International Business Machines Corp. and Hewlett-Packard Co. As part of its major restructuring initiative to focus on high growth businesses, the ...
Company Summary
Based in Phoenix, AZ, Avnet Inc., (AVT) is one of the world’s largest distributors of electronic components and computer products. The company’s customer base includes original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, original design manufacturers (ODMs), and value-added resellers (VARs). Avnet maintains an extensive inventory, including electronic products from more than 300 component and system manufacturers, which it distributes to customers worldwide.
Avnet distributes products for companies like International Business Machines Corp. and Hewlett-Packard Co. As part of its major restructuring initiative to focus on high growth businesses, the company sold its troubled TS business to Tech Data Corp. in a cash-stock deal worth $2.6 billion during fiscal 2017.
Avnet has two major operating segments — Electronic Components (EC) and Premier Farnell (PF). Through the EC segment, the company distributes semiconductors and Interconnect, passive and electromechanical devices (IP&E), and provides supply chain management, inventory replenishment system and non-complex engineering design services. This segment also offers integrated solutions, including technical design, integration and assembly of embedded products, systems and solutions for industrial applications.
Avnet’s PF segment supports low volume customers that require electronic components quickly to develop and test their products. This segment provides a comprehensive suite of kits, tools, electronic components and industrial automation components to both engineers and entrepreneurs.
The company operates across the Americas; Europe, Middle East and Africa (EMEA); and Asia/Pacific (Asia) regions. Region wise, Avnet generated approximately 25.7% of revenues from operations in the Americas in fiscal 2023 while EMEA contributed about 34.8%. Asia accounted for 39.6% of revenues.
Avnet’s major competitors include Arrow Electronics Inc., Future Electronics, World Peace Group, Mouser Electronics and Digi-Key Electronics.
General Information
Avnet, Inc
2211 SOUTH 47TH STREET
PHOENIX, AZ 85034
Phone: 480-643-2000
Fax: 480-643-7370
Web: http://www.avnet.com
Email: investorrelations@avnet.com
Industry | Electronics - Parts Distribution |
Sector | Computer and Technology |
Fiscal Year End | June |
Last Reported Quarter | 9/30/2023 |
Exp Earnings Date | 2/7/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.40 |
Current Year EPS Consensus Estimate | 5.76 |
Estimated Long-Term EPS Growth Rate | 14.40 |
Exp Earnings Date | 2/7/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 46.76 |
52 Week High | 51.65 |
52 Week Low | 39.64 |
Beta | 1.29 |
20 Day Moving Average | 497,363.00 |
Target Price Consensus | 50.00 |
4 Week | 1.78 |
12 Week | -1.23 |
YTD | 14.07 |
4 Week | -3.45 |
12 Week | -4.18 |
YTD | -4.68 |
Shares Outstanding (millions) | 90.49 |
Market Capitalization (millions) | 4,291.72 |
Short Ratio | NA |
Last Split Date | 9/29/2000 |
Dividend Yield | 2.61% |
Annual Dividend | $1.24 |
Payout Ratio | 0.16 |
Change in Payout Ratio | -0.12 |
Last Dividend Payout / Amount | 9/12/2023 / $0.31 |
Fundamental Ratios
P/E (F1) | 8.24 |
Trailing 12 Months | 6.18 |
PEG Ratio | 0.57 |
vs. Previous Year | -19.50% |
vs. Previous Quarter | -21.84% |
vs. Previous Year | -6.14% |
vs. Previous Quarter | -3.34% |
Price/Book | 0.89 |
Price/Cash Flow | 4.84 |
Price / Sales | 0.16 |
9/30/23 | 15.26 |
6/30/23 | 16.88 |
3/31/23 | 17.71 |
9/30/23 | 5.79 |
6/30/23 | 6.34 |
3/31/23 | 6.74 |
9/30/23 | 2.54 |
6/30/23 | 2.53 |
3/31/23 | 2.63 |
9/30/23 | 1.20 |
6/30/23 | 1.24 |
3/31/23 | 1.28 |
9/30/23 | 2.72 |
6/30/23 | 2.84 |
3/31/23 | 2.90 |
9/30/23 | 3.05 |
6/30/23 | 2.90 |
3/31/23 | 3.27 |
9/30/23 | 3.88 |
6/30/23 | 3.70 |
3/31/23 | 3.95 |
9/30/23 | 53.30 |
6/30/23 | 51.99 |
3/31/23 | 50.72 |
9/30/23 | 4.26 |
6/30/23 | 4.57 |
3/31/23 | 4.83 |
9/30/23 | 0.64 |
6/30/23 | 0.63 |
3/31/23 | 0.65 |
9/30/23 | 39.14 |
6/30/23 | 38.61 |
3/31/23 | 39.55 |