Avnet Inc Stock Today

AVT Stock  USD 54.23  0.61  1.11%   

Performance

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Odds Of Distress

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Avnet is selling for under 54.23 as of the 28th of November 2024; that is 1.11 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 54.23. Avnet has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Avnet Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
3rd of May 1973
Category
Technology
Classification
Information Technology
Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona. Avnet operates under Electronics Computer Distribution classification in the United States and is traded on NASDAQ Exchange. The company has 86.94 M outstanding shares of which 4.31 M shares are presently shorted by investors with about 7.33 days to cover. More on Avnet Inc

Moving together with Avnet Stock

  0.87SNX Synnex Fiscal Year End 14th of January 2025 PairCorr

Avnet Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President PacificPrince Yun
Thematic IdeaWholesale (View all Themes)
Old Names[AVICHINA IND -H-, AVATRIX S.A.]
Business ConcentrationElectronic Equipment, Instruments & Components, Electronics & Computer Distribution, Information Technology, NASDAQ Composite, SP Midcap 400, Wholesale, Information Technology, Electronic Equipment, Instruments & Components, Electronics & Computer Distribution, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.981.9458
Fairly Up
Slightly volatile
Gross Profit Margin0.130.1164
Moderately Up
Slightly volatile
Net DebtB2.8 B
Sufficiently Up
Slightly volatile
Total Current Liabilities2.4 B4.5 B
Way Down
Very volatile
Non Current Liabilities TotalB2.8 B
Sufficiently Up
Slightly volatile
Total Assets6.6 B12.2 B
Way Down
Pretty Stable
Total Current Assets5.2 B10.4 B
Way Down
Slightly volatile
Debt Levels
Avnet can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Avnet's financial leverage. It provides some insight into what part of Avnet's total assets is financed by creditors.
Liquidity
Avnet Inc has 3.13 B in debt with debt to equity (D/E) ratio of 0.64, which is OK given its current industry classification. Avnet Inc has a current ratio of 2.0, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Avnet to invest in growth at high rates of return.

Dividends Paid

117.56 Million
Avnet Inc (AVT) is traded on NASDAQ Exchange in USA. It is located in 2211 South 47th Street, Phoenix, AZ, United States, 85034 and employs 15,462 people. Avnet is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.77 B. Avnet Inc runs under Electronic Equipment, Instruments & Components sector within Information Technology industry. The entity has 86.94 M outstanding shares of which 4.31 M shares are presently shorted by investors with about 7.33 days to cover. Avnet Inc has about 80.88 M in cash with 689.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86.
Check Avnet Probability Of Bankruptcy
Ownership Allocation
The majority of Avnet Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Avnet Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Avnet. Please pay attention to any change in the institutional holdings of Avnet Inc as this could imply that something significant has changed or is about to change at the company.
Check Avnet Ownership Details

Avnet Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
1.6 M
Alliancebernstein L.p.2024-06-30
1.6 M
Earnest Partners Llc2024-06-30
1.5 M
Bank Of New York Mellon Corp2024-06-30
1.1 M
Norges Bank2024-06-30
M
Bank Of America Corp2024-06-30
M
Amvescap Plc.2024-06-30
M
Allianz Asset Management Ag2024-06-30
M
First Trust Advisors L.p.2024-06-30
979.1 K
Vanguard Group Inc2024-09-30
11 M
Blackrock Inc2024-06-30
10.7 M
View Avnet Diagnostics

Avnet Historical Income Statement

At this time, Avnet's Operating Income is comparatively stable compared to the past year. Net Income is likely to gain to about 523.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024. View More Fundamentals

Avnet Stock Against Markets

Avnet Corporate Management

Philip GallagherSr. VP and Member of Executive BoardProfile
Michael McCoyGeneral VPProfile
Ken ArnoldChief VPProfile
Joseph BurkeVice RelationsProfile
Rebeca ObregonJimenezSenior ManagementProfile
Darrel JacksonCorporate SecretaryProfile
David YoungbloodChief OfficerProfile

Already Invested in Avnet Inc?

The danger of trading Avnet Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Avnet is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Avnet. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Avnet Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Avnet Stock Analysis

When running Avnet's price analysis, check to measure Avnet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avnet is operating at the current time. Most of Avnet's value examination focuses on studying past and present price action to predict the probability of Avnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avnet's price. Additionally, you may evaluate how the addition of Avnet to your portfolios can decrease your overall portfolio volatility.