Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
AVT

AVT - Avnet Inc Stock Price, Fair Value and News

53.32USD+0.25 (+0.47%)Delayed

Market Summary

AVT
USD53.32+0.25
Delayed
0.47%

AVT Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

AVT Stock Price

View Fullscreen

AVT RSI Chart

AVT Valuation

Market Cap

4.8B

Price/Earnings (Trailing)

8.44

Price/Sales (Trailing)

0.19

EV/EBITDA

6

Price/Free Cashflow

12.26

AVT Price/Sales (Trailing)

AVT Profitability

Operating Margin

11.89%

EBT Margin

2.91%

Return on Equity

11.45%

Return on Assets

4.64%

Free Cashflow Yield

8.16%

AVT Fundamentals

AVT Revenue

Revenue (TTM)

24.7B

Rev. Growth (Yr)

-13.22%

Rev. Growth (Qtr)

-8.89%

AVT Earnings

Earnings (TTM)

571.3M

Earnings Growth (Yr)

-52.6%

Earnings Growth (Qtr)

-24.67%

Breaking Down AVT Revenue

Last 7 days

3.0%

Last 30 days

14.5%

Last 90 days

18.4%

Trailing 12 Months

25.1%

How does AVT drawdown profile look like?

AVT Financial Health

Current Ratio

2.33

Debt/Equity

0.48

Debt/Cashflow

0.27

AVT Investor Care

Dividend Yield

2.29%

Dividend/Share (TTM)

1.22

Buy Backs (1Y)

1.12%

Diluted EPS (TTM)

6.18

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202424.7B000
202326.4B26.5B26.1B25.6B
202223.2B24.3B25.5B26.3B
202118.5B19.5B20.4B21.6B
202018.2B17.6B17.7B17.9B
201919.9B19.5B19.1B18.5B
201818.6B19.0B19.5B20.0B
201716.8B17.4B18.0B18.2B
201617.0B16.8B16.3B16.4B
201528.2B17.7B17.4B17.2B
201427.0B27.5B28.0B28.1B
201325.2B25.5B25.9B26.7B
201226.3B25.7B25.2B25.2B
201124.8B26.5B26.8B26.7B
201017.7B19.2B21.0B22.9B
200916.7B16.2B16.1B16.7B
2008018.0B17.5B17.1B

Tracking the Latest Insider Buys and Sells of Avnet Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 22, 2024
obregon-jimenez rebeca
sold
-101,748
46.04
-2,210
svp
Jan 04, 2024
gallagher philip r
sold (taxes)
-1,234,360
49.42
-24,977
chief executive officer
Jan 04, 2024
arnold ken e.
sold (taxes)
-151,472
49.42
-3,065
svp, chief people officer
Jan 04, 2024
mccoy michael ryan
sold (taxes)
-175,738
49.42
-3,556
svp, general counsel
Jan 04, 2024
chan leng jin
sold (taxes)
-119,844
49.42
-2,425
svp, cio
Jan 04, 2024
mcmullen elizabeth
sold (taxes)
-79,467
49.42
-1,608
senior vp - operations
Jan 04, 2024
obregon-jimenez rebeca
sold (taxes)
-68,693
49.42
-1,390
svp
Jan 04, 2024
jacobson kenneth a
sold (taxes)
-192,936
49.42
-3,904
chief financial officer
Jan 02, 2024
modjtabai avid
acquired
-
-
3,642
-
Jan 02, 2024
jenkins jo ann
acquired
-
-
3,642
-

1–10 of 50

Which funds bought or sold AVT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
COMERICA BANK
added
4.49
55,334
2,037,680
0.01%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.83
-368,043
4,630,280
0.01%
May 16, 2024
Ancora Advisors LLC
reduced
-3.92
-10,574
182,206
-%
May 16, 2024
Redwood Investment Management, LLC
new
-
1,518,000
1,518,000
0.14%
May 16, 2024
INNEALTA CAPITAL, LLC
new
-
227,622
227,622
0.10%
May 16, 2024
Tidal Investments LLC
new
-
838,596
838,596
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-50.89
-594,995
556,040
-%
May 15, 2024
Gotham Asset Management, LLC
reduced
-68.14
-1,045,730
477,455
0.01%
May 15, 2024
Squarepoint Ops LLC
reduced
-2.72
-209,326
4,660,270
0.01%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-7.91
-200,877
1,934,020
0.01%

1–10 of 46

Are Funds Buying or Selling AVT?

Are funds buying AVT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AVT
No. of Funds

Unveiling Avnet Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.53%
10,430,858
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.9%
6,253,930
SC 13G/A
Feb 08, 2024
pzena investment management llc
9.7%
8,751,446
SC 13G
Jan 24, 2024
blackrock inc.
10.1%
9,169,038
SC 13G/A
Jun 08, 2023
blackrock inc.
10.1%
9,243,635
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
6.5%
5,934,049
SC 13G
Feb 09, 2023
vanguard group inc
11.17%
10,224,425
SC 13G/A
Jan 24, 2023
blackrock inc.
9.5%
8,726,739
SC 13G/A
Jan 20, 2023
pzena investment management llc
10.14%
9,282,603
SC 13G/A
Sep 08, 2022
blackrock inc.
10.0%
9,474,276
SC 13G

Recent SEC filings of Avnet Inc

View All Filings
Date Filed Form Type Document
May 13, 2024
4
Insider Trading
May 10, 2024
144
Notice of Insider Sale Intent
May 03, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 02, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading

Peers (Alternatives to Avnet Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.9T
381.6B
13.05% 8.50%
29.01
7.63
-0.90% 6.43%
79.2B
12.8B
18.32% 73.26%
38.89
6.17
1.52% 6.35%
30.3B
12.4B
14.17% 13.04%
49.07
2.45
-9.51% -33.28%
27.2B
6.1B
-3.77% 17.13%
30.2
4.43
3.71% 17.79%
11.8B
28.1B
4.34% 21.12%
11.7
0.42
-5.94% 26.86%
MID-CAP
8.2B
847.2M
22.04% -8.33%
82.44
9.7
-8.39% -42.67%
7.0B
31.3B
7.85% 6.15%
9.82
0.22
-14.93% -46.67%
5.8B
740.8M
28.88% 40.20%
56.51
7.8
25.07% 42.99%
4.8B
24.7B
14.45% 25.08%
8.44
0.19
-6.09% -33.76%
2.8B
988.8M
12.19% 14.65%
28.58
2.84
8.64% 13.26%
SMALL-CAP
1.8B
2.8B
10.03% 54.73%
21.81
0.65
-10.09% 0.74%
1.5B
2.8B
37.18% 85.46%
22.52
0.53
-4.25% -5.27%
246.3M
986.2M
-7.39% -59.95%
-0.68
0.25
-6.21% -5303.34%
25.8M
26.4M
2.30% -40.07%
33.65
0.98
-2.48% -64.63%
22.4M
56.7M
-36.44% -0.66%
-3.8
0.59
-41.04% -726.48%

Avnet Inc News

Latest updates
MarketBeat17 hours ago
MarketBeat16 May 202407:23 am
Yahoo Movies Canada14 May 202412:58 pm
Yahoo Canada Shine On13 May 202408:00 am
Yahoo Lifestyle UK12 May 202409:13 am

Avnet Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-8.9%5,6546,2056,3366,5556,5156,7186,7506,3736,4885,8655,5855,2274,9174,6684,7234,1604,3104,5354,6304,6814,699
Cost Of Revenue-9.4%4,9845,4995,5885,7375,7035,9335,9825,5935,6755,1524,9254,5824,3484,1574,2073,6853,7914,0094,0864,0864,075
Gross Profit-5.2%669706748818812784768780813713660645568511516475519526544595624
  S&GA Expenses0.6%467465487506498485478495512501486498463442471451470465457460468
EBITDA Margin-8.1%0.04*0.05*0.05*0.05*0.05*0.05*0.05*0.04*0.04*0.03*0.03*----------
Interest Expenses-1.1%73.0074.0071.0075.0072.0059.0045.0030.0026.0022.0023.0023.0022.0021.0022.0025.0030.0034.0034.0035.0036.00
Income Taxes-63.2%13.0036.0066.0035.0056.0059.0062.002.0065.0041.0034.006.00-37.3615.00-4.41-68.30-29.427.00-7.71-29.8131.00
Earnings Before Taxes-33.6%10215427519024430324624924819214592.0070.0034.00-23.30-16.14-15811.0034.00-68.71126
EBT Margin-13.5%0.03*0.03*0.04*0.04*0.04*0.04*0.04*0.03*0.03*0.02*0.02*----------
Net Income-24.7%89.0011820915518724418424718315111185.0010719.00-18.8952.00-1284.0042.00-31.8488.00
Net Income Margin-11.7%0.02*0.03*0.03*0.03*0.03*0.03*0.03*0.03*0.02*0.02*0.02*----------
Free Cashflow467.9%457-124-117178-8.11-404-673-215232-242-42.99----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-5.2%12,32512,99712,64612,47712,10911,93010,96810,3899,7829,5819,2118,9258,3668,2648,3818,1058,0908,5258,9138,5659,100
  Current Assets-5.9%10,48611,13910,91110,75110,44410,3049,5108,8778,2187,9447,4657,1636,6056,4546,6026,3296,3176,5376,9896,8767,255
    Cash Equivalents-19.9%21827327928818632581.00154199168299200323376483477403489664546725
  Inventory-6.0%5,7526,1165,7555,4655,3544,9734,6554,2443,6813,5433,2843,2372,7602,8162,9452,7322,7452,9093,0263,0083,212
  Net PPE-0.4%562564471442400378300315323338352369381403404405413431437452455
  Goodwill-0.8%7817877607817717557047598058248248388388357997747619168598771,027
Liabilities-8.1%7,3367,9877,8247,7257,4747,5006,9496,1965,5255,3785,0664,8414,4284,3544,6044,3794,4124,5684,9554,4244,737
  Current Liabilities-5.7%4,4934,7664,2904,2493,9704,0584,6594,2524,0663,6893,1133,0552,8862,8262,7662,2802,6082,7453,1372,5792,333
  Short Term Borrowings-----------------400492638301-
  Long Term Debt-12.6%2,4062,7543,1022,9883,0332,9801,8261,4379221,1451,3901,1918968961,1951,4251,1941,1941,1921,4202,024
    LT Debt, Non Current-100.0%-2,7543,1022,9883,0332,9801,8261,4379221,1451,3901,1918968961,1951,4251,1941,1941,1921,4202,024
Shareholder's Equity-0.4%4,9895,0104,8234,7524,6364,4304,0194,1934,2574,2034,1464,0843,9383,9113,7783,7263,6773,9573,9584,1404,362
  Retained Earnings1.7%3,6253,5643,5333,3783,2503,0892,9342,9212,8002,6862,5932,5162,4532,3662,3682,4222,3902,5762,6782,7672,935
  Additional Paid-In Capital-0.2%1,7101,7141,7021,6911,6791,6791,6661,6571,6451,6431,6321,6221,6111,6101,5991,5941,5871,5881,5811,5731,565
Shares Outstanding-0.5%90.0091.0091.0092.0092.0091.0094.0099.0099.0099.0010099.00---------
Float------3,747---4,025---3,445---4,189---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations1280.9%499,305-42,281-41,294234,53818,260-321,352-645,149-199,892243,791-232,241-30,968-106,577-9,86884,950122,444287,57298,404148,564195,642334,625269,221
  Share Based Compensation-32.1%7,19910,5969,3558,7248,71912,4148,9248,1009,08210,3789,1787,0466,96210,3704,9616,0756,2547,2857,2185,8947,127
Cashflow From Investing48.9%-41,866-81,926-75,789-57,421-26,415-106,810-20,905-89.005,23457,861-11,707-10,025-3,503-9,723-37,945-9,805-16,353-66,480-42,379-22,9135,965
Cashflow From Financing-514.1%-507,086122,449100,150-67,691-134,076668,138588,385159,735-202,91456,752142,486-5,619-35,471-184,613-88,310-200,120-160,410-261,267-22,753-494,248-29,508
  Dividend Payments-100.0%-27,80028,32026,49826,50026,30026,99825,26725,60023,70023,89321,90920,88820,75620,75620,74020,80920,97521,45120,94821,500
  Buy Backs-100.7%-43359,85027,0434484,47864,424147,90294,41845,13235,34210,503----1,70936,74487,558112,135120,153117,237
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

AVT Income Statement

2024-03-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Mar. 30, 2024
Apr. 01, 2023
Income Statement [Abstract]    
Sales$ 5,653,591$ 6,514,619$ 18,194,153$ 19,982,273
Revenue, Product and Service [Extensible List]us-gaap:TechnologyServiceMemberus-gaap:TechnologyServiceMemberus-gaap:TechnologyServiceMemberus-gaap:TechnologyServiceMember
Cost of sales$ 4,984,318$ 5,702,771$ 16,070,591$ 17,618,151
Cost, Product and Service [Extensible List]us-gaap:TechnologyServiceMemberus-gaap:TechnologyServiceMemberus-gaap:TechnologyServiceMemberus-gaap:TechnologyServiceMember
Gross profit$ 669,273$ 811,848$ 2,123,562$ 2,364,122
Selling, general and administrative expenses467,275498,2191,419,2531,460,984
Restructuring, integration and other expenses11,847 24,132 
Operating income190,151313,629680,177903,138
Other (expense) income, net(14,707)1,653(17,144)3,452
Interest and other financing expenses, net(73,496)(71,695)(218,593)(175,813)
Gain on legal settlements and other  86,49961,705
Income before taxes101,948243,587530,939792,482
Income tax expense13,11456,161114,906176,910
Net income$ 88,834$ 187,426$ 416,033$ 615,572
Earnings per share:    
Basic$ 0.98$ 2.05$ 4.59$ 6.67
Diluted$ 0.97$ 2.03$ 4.52$ 6.58
Shares used to compute earnings per share:    
Basic90,43091,43690,72692,226
Diluted91,25692,45692,07593,616
Cash dividends paid per common share$ 0.31$ 0.29$ 0.93$ 0.87

AVT Balance Sheet

2024-03-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2024
Jul. 01, 2023
Current assets:  
Cash and cash equivalents$ 218,473$ 288,230
Receivables4,315,0634,763,788
Inventories5,751,8725,465,031
Prepaid and other current assets200,428233,804
Total current assets10,485,83610,750,853
Property, plant and equipment, net561,560441,557
Goodwill780,506780,629
Operating lease assets219,572221,698
Other assets277,763282,422
Total assets12,325,23712,477,159
Current liabilities:  
Short-term debt548,51970,636
Accounts payable3,324,0433,373,820
Accrued expenses and other565,047753,130
Short-term operating lease liabilities55,06351,792
Total current liabilities4,492,6724,249,378
Long-term debt2,406,4212,988,029
Long-term operating lease liabilities183,427190,621
Other liabilities253,620297,462
Total liabilities7,336,1407,725,490
Commitments and contingencies (Note 7)
Shareholders' equity:  
Common stock $1.00 par; authorized 300,000,000 shares; issued 90,395,434 shares and 91,504,053 shares, respectively90,39591,504
Additional paid-in capital1,709,7471,691,334
Retained earnings3,625,0123,378,212
Accumulated other comprehensive loss(436,057)(409,381)
Total shareholders' equity4,989,0974,751,669
Total liabilities and shareholders' equity$ 12,325,237$ 12,477,159
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 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 embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions primarily for industrial applications, as well as embedded display solutions comprising touch and passive displays; and 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 Asia. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.
 CEO
 WEBSITEavnet.com
 INDUSTRYConsumer Electronics
 EMPLOYEES15800

Avnet Inc Frequently Asked Questions


What is the ticker symbol for Avnet Inc? What does AVT stand for in stocks?

AVT is the stock ticker symbol of Avnet Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Avnet Inc (AVT)?

As of Fri May 17 2024, market cap of Avnet Inc is 4.82 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AVT stock?

You can check AVT's fair value in chart for subscribers.

What is the fair value of AVT stock?

You can check AVT's fair value in chart for subscribers. The fair value of Avnet Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Avnet Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AVT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Avnet Inc a good stock to buy?

The fair value guage provides a quick view whether AVT is over valued or under valued. Whether Avnet Inc is cheap or expensive depends on the assumptions which impact Avnet Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AVT.

What is Avnet Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, AVT's PE ratio (Price to Earnings) is 8.44 and Price to Sales (PS) ratio is 0.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AVT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Avnet Inc's stock?

In the past 10 years, Avnet Inc has provided 0.04 (multiply by 100 for percentage) rate of return.