Avnet Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $47.53
- Today's High:
- $48.205
- Open Price:
- $47.53
- 52W Low:
- $34.9925
- 52W High:
- $48.4027
- Prev. Close:
- $48.22
- Volume:
- 436204
Company Statistics
- Market Cap.:
- $3.99 billion
- Book Value:
- 50.71
- Revenue TTM:
- $26.35 billion
- Operating Margin TTM:
- 4.58%
- Gross Profit TTM:
- $2.97 billion
- Profit Margin:
- 3.27%
- Return on Assets TTM:
- 6.89%
- Return on Equity TTM:
- 19.4%
Company Profile
Avnet Inc had its IPO on 1973-05-03 under the ticker symbol AVT.
The company operates in the Technology sector and Electronics & Computer Distribution industry. Avnet Inc has a staff strength of 15,300 employees.
Stock update
Shares of Avnet Inc opened at $47.53 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $47.53 - $48.21, and closed at $47.98.
This is a -0.5% slip from the previous day's closing price.
A total volume of 436,204 shares were traded at the close of the day’s session.
In the last one week, shares of Avnet Inc have slipped by -5.9%.
Avnet Inc's Key Ratios
Avnet Inc has a market cap of $3.99 billion, indicating a price to book ratio of 0.9779 and a price to sales ratio of 0.1536.
In the last 12-months Avnet Inc’s revenue was $26.35 billion with a gross profit of $2.97 billion and an EBITDA of $1.30 billion. The EBITDA ratio measures Avnet Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Avnet Inc’s operating margin was 4.58% while its return on assets stood at 6.89% with a return of equity of 19.4%.
In Q1, Avnet Inc’s quarterly earnings growth was a positive 10.3% while revenue growth was a positive 0.4%.
Avnet Inc’s PE and PEG Ratio
- Forward PE
- 6.7705
- Trailing PE
- 4.6702
- PEG
- 2.5263
Its diluted EPS in the last 12-months stands at $9.34 per share while it has a forward price to earnings multiple of 6.7705 and a PEG multiple of 2.5263. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Avnet Inc’s profitability.
Avnet Inc stock is trading at a EV to sales ratio of 0.2528 and a EV to EBITDA ratio of 5.3368. Its price to sales ratio in the trailing 12-months stood at 0.1536.
Avnet Inc stock pays annual dividends of $1.13 per share, indicating a yield of 2.67% and a payout ratio of 14.37%.
Balance sheet and cash flow metrics
- Total Assets
- $12.11 billion
- Total Liabilities
- $3.97 billion
- Operating Cash Flow
- $-26415000.00
- Capital Expenditure
- $26.37 million
- Dividend Payout Ratio
- 14.37%
Avnet Inc ended 2024 with $12.11 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $12.11 billion while shareholder equity stood at $4.64 billion.
Avnet Inc ended 2024 with $0 in deferred long-term liabilities, $3.97 billion in other current liabilities, 91414000.00 in common stock, $3.25 billion in retained earnings and $770.91 million in goodwill. Its cash balance stood at $185.94 million and cash and short-term investments were $185.94 million. The company’s total short-term debt was $128,204,000 while long-term debt stood at $3.03 billion.
Avnet Inc’s total current assets stands at $10.44 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $4.67 billion compared to accounts payable of $3.14 billion and inventory worth $5.35 billion.
In 2024, Avnet Inc's operating cash flow was $-26415000.00 while its capital expenditure stood at $26.37 million.
Comparatively, Avnet Inc paid $0.14 in dividends in 2024.
Other key metrics
- Current Trading Price
- $47.98
- 52-Week High
- $48.4027
- 52-Week Low
- $34.9925
- Analyst Target Price
- $47.17
Avnet Inc stock is currently trading at $47.98 per share. It touched a 52-week high of $48.4027 and a 52-week low of $48.4027. Analysts tracking the stock have a 12-month average target price of $47.17.
Its 50-day moving average was $48.38 and 200-day moving average was $44.87 The short ratio stood at 4.56 indicating a short percent outstanding of 0%.
Around 64.8% of the company’s stock are held by insiders while 10119.7% are held by institutions.
Frequently Asked Questions About Avnet Inc
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About
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 materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides integrated solutions, such as technical design, integration, and assembly of embedded products, and systems and solutions primarily for industrial applications, as well as for intelligent and innovative embedded display solutions comprising touch and passive displays. Further, it develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.