Grufity logoGrufity logo
ScreenerStocksFundsSectorsWatchlists
AVT

Avnet Inc

AVT

46.88USD+0.87 (+1.89%)Market Closed
Watchlist

Market Summary

USD46.88+0.87
Market Closed
1.89%

AVT Alerts

  • 1 major insider sales recently.

AVT Stock Price

View Fullscreen

AVT RSI Chart

AVT Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

5.66

Price/Sales (Trailing)

0.16

EV/EBITDA

3.31

Price/Free Cashflow

-4.81

AVT Price/Sales (Trailing)

AVT Profitability

Operating Margin

11.99%

EBT Margin

3.70%

Return on Equity

16.22%

Return on Assets

6.18%

Free Cashflow Yield

-20.81%

AVT Fundamentals

AVT Revenue

Revenue (TTM)

26.1B

Revenue Y/Y

-6.14%

Revenue Q/Q

-3.34%

AVT Earnings

Earnings (TTM)

795.8M

Earnings Y/Y

13.57%

Earnings Q/Q

34.79%

Price Action

Last 7 days

-1.9%

Last 30 days

-0.4%

Last 90 days

-4.3%

Trailing 12 Months

6.1%

How does AVT drawdown profile look like?

AVT Financial Health

Current Ratio

2.53

AVT Investor Care

Dividend Yield

2.56%

Dividend/Share (TTM)

1.18

Buy Backs (1Y)

7.32%

Diluted EPS (TTM)

8.59

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202326.4B26.5B26.1B0
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

Latest Insider Trading transactions for AVT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 24, 2023
lawrence james a
sold
-387,387
47.3
-8,190
-
Nov 21, 2023
lawrence james a
sold
-329,469
47.68
-6,910
-
Aug 29, 2023
obregon-jimenez rebeca
acquired
-
-
5,200
svp
Aug 29, 2023
mcmullen elizabeth
acquired
-
-
5,917
senior vp - operations
Aug 29, 2023
gallagher philip r
acquired
-
-
105,582
chief executive officer
Aug 29, 2023
jacobson kenneth a
acquired
-
-
21,841
chief financial officer
Aug 29, 2023
arnold ken e.
acquired
-
-
17,197
svp, chief people officer
Aug 29, 2023
mccoy michael ryan
acquired
-
-
18,746
svp, general counsel
Aug 29, 2023
chan leng jin
acquired
-
-
10,238
svp, cio
May 15, 2023
gallagher philip r
sold
-1,353,800
41.35
-32,740
chief executive officer

1–10 of 50

Which funds bought or sold AVT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-52.05
-1,287,040
1,087,840
-%
Nov 30, 2023
Neo Ivy Capital Management
sold off
-100
-235,000
-
-%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-74.99
-6,415,210
2,013,620
-%
Nov 22, 2023
Verity Asset Management, Inc.
new
-
356,558
356,558
0.26%
Nov 21, 2023
Walleye Capital LLC
added
510
1,174,860
1,418,230
-%
Nov 21, 2023
COMERICA BANK
reduced
-91.05
1,946,060
1,950,060
0.01%
Nov 16, 2023
McIlrath & Eck, LLC
unchanged
-
-882
18,794
-%
Nov 16, 2023
Creative Planning
added
15.52
58,408
623,145
-%
Nov 16, 2023
Financial Gravity Asset Management, Inc.
reduced
-92.00
-8,205
192
-%
Nov 15, 2023
Pacific Center for Financial Services
unchanged
-
-15,006
319,982
0.11%

1–10 of 43

Latest Funds Activity

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

Schedule 13G FIlings of Avnet Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jun 08, 2023
blackrock inc.
10.1%
9,243,635
SC 13G/A
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
Feb 09, 2022
vanguard group inc
10.85%
10,763,264
SC 13G/A
Feb 01, 2022
blackrock inc.
9.6%
9,551,529
SC 13G/A
Jan 19, 2022
pzena investment management llc
12.28%
12,185,337
SC 13G/A
Feb 10, 2021
vanguard group inc
10.81%
10,680,640
SC 13G/A
Jan 29, 2021
blackrock inc.
8.8%
8,677,865
SC 13G/A

Recent SEC filings of Avnet Inc

View All Filings
Date Filed Form Type Document
Nov 27, 2023
4
Insider Trading
Nov 24, 2023
144
Notice of Insider Sale Intent
Nov 22, 2023
4
Insider Trading
Nov 21, 2023
144
Notice of Insider Sale Intent
Nov 17, 2023
8-K
Current Report
Nov 03, 2023
10-Q
Quarterly Report
Nov 01, 2023
8-K
Current Report
Oct 03, 2023
4
Insider Trading
Oct 02, 2023
DEF 14A
DEF 14A
Oct 02, 2023
DEFA14A
DEFA14A

Peers (Alternatives to Avnet Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.0T
383.3B
7.30% 34.57%
31.14
7.88
-2.80% -2.81%
55.3B
12.5B
9.35% 18.49%
28.77
4.43
0.45% 3.30%
26.5B
13.0B
3.86% -13.49%
28.4
1.93
-10.09% -68.03%
24.3B
6.0B
4.71% 3.23%
29.31
4.04
6.01% 19.45%
11.1B
30.0B
-2.70% 19.27%
14.15
0.37
5.10% -3.68%
MID-CAP
6.6B
34.6B
-2.63% 10.66%
6.27
0.19
-6.07% -26.90%
6.6B
880.3M
7.06% -20.49%
42.16
7.53
-12.90% -26.40%
4.4B
668.5M
5.79% 33.36%
51.51
6.58
20.67% 28.96%
4.4B
26.1B
-0.45% 6.09%
5.66
0.16
2.54% 3.99%
2.5B
956.0M
4.73% 13.15%
28.38
2.71
11.49% 12.42%
SMALL-CAP
1.6B
2.9B
4.79% 18.43%
21.05
0.57
-9.59% -15.59%
894.5M
2.9B
2.24% -10.75%
13.16
0.31
4.68% 14.39%
547.1M
1.0B
28.83% -33.77%
-11.47
0.53
-11.40% -160.83%
46.6M
56.7M
1062.96% 127.54%
-5.3
0.82
-41.04% -726.48%
33.4M
26.9M
-5.71% -24.26%
22.27
1.24
0.90% -27.90%

Avnet Inc News

Latest updates
Nasdaq06 Dec 202309:26 pm27 hours ago
Nasdaq01 Dec 202303:18 pm6 days ago
Defense World01 Dec 202310:41 am6 days ago
Defense World27 Nov 202311:03 am10 days ago
Yahoo Finance23 Nov 202308:00 am14 days ago
Simply Wall St10 Nov 202310:10 am27 days ago
Yahoo Finance02 Nov 202307:00 am35 days ago
Morningstar25 Oct 202307:00 am43 days ago
Seeking Alpha11 Oct 202307:00 am57 days ago
Yahoo Finance08 Oct 202307:00 am2 months ago
MarketBeat04 Oct 202307:00 am2 months ago
Simply Wall St27 Sep 202307:00 am2 months ago
CNBC15 Sep 202307:00 am2 months ago
Yahoo Finance06 Sep 202307:00 am3 months ago
Investopedia01 Sep 202307:00 am3 months ago

Financials for Avnet Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-3.3%6,3366,5556,5156,7186,7506,3736,4885,8655,5855,2274,9174,6684,7234,1604,3104,5354,6304,6814,6995,0495,090
Cost Of Revenue-2.6%5,5885,7375,7035,9335,9825,5935,6755,1524,9254,5824,3484,1574,2073,6853,7914,0094,0864,0864,0754,4194,453
Gross Profit-8.5%748818812784768780813713660645568511516475519526544595624630637
  S&GA Expenses-3.8%487506498485478495512501486498463442471451470465457460468472475
EBITDA Margin-100.0%-0.05*0.05*0.05*0.04*0.04*0.03*0.03*0.02*0.01*0.02*0.00*0.00*0.01*0.00*0.02*-----
Interest Expenses-5.7%71.0075.0072.0059.0045.0030.0026.0022.0023.0023.0022.0021.0022.0025.0030.0034.0034.0035.0036.0034.0030.00
Income Taxes88.3%66.0035.0056.0059.0062.002.0065.0041.0034.006.00-37.3615.00-4.41-68.30-29.427.00-7.71-29.8131.0028.0031.00
Earnings Before Taxes44.7%27519024430324624924819214592.0070.0034.00-23.30-16.14-15811.0034.00-68.7112665.00115
EBT Margin-100.0%-0.04*0.04*0.04*0.04*0.03*0.03*0.02*0.02*0.01*0.00*-0.01*-0.01*-0.01*-0.01*0.01*-----
Net Income34.8%20915518724418424718315111185.0010719.00-18.8952.00-1284.0042.00-31.8488.0036.0084.00
Net Income Margin-100.0%-0.03*0.03*0.03*0.03*0.03*0.02*0.02*0.02*0.01*0.01*0.00*-0.01*0.00*-0.01*0.01*-----
Free Cashflow-100.0%-178-8.11-404-673-215232-242-42.99-117-18.8575.0010227582.00134-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.4%12,64612,47712,10911,93010,96810,3899,7829,5819,2118,9258,3668,2648,3818,1058,0908,5258,9138,5659,1009,2359,454
  Current Assets1.5%10,91110,75110,44410,3049,5108,8778,2187,9447,4657,1636,6056,4546,6026,3296,3176,5376,9896,8767,2557,3917,558
    Cash Equivalents-3.3%27928818632581.00154199168299200323376483477403489664546725482366
  Inventory5.3%5,7555,4655,3544,9734,6554,2443,6813,5433,2843,2372,7602,8162,9452,7322,7452,9093,0263,0083,2123,3063,395
  Net PPE6.7%471442400378300315323338352369381403404405413431437452455463526
  Goodwill-2.7%7607817717557047598058248248388388357997747619168598771,0271,011982
Liabilities1.3%7,8247,7257,4747,5006,9496,1965,5255,3785,0664,8414,4284,3544,6044,3794,4124,5684,9554,4244,7374,8264,833
  Current Liabilities1.0%4,2904,2493,9704,0584,6594,2524,0663,6893,1133,0552,8862,8262,7662,2802,6082,7453,1372,5792,3332,4732,865
  Short Term Borrowings---------------400492638301---
    LT Debt, Non Current3.8%3,1022,9883,0332,9801,8261,4379221,1451,3901,1918968961,1951,4251,1941,1941,1921,4202,0241,9611,555
Shareholder's Equity1.5%4,8234,7524,6364,4304,0194,1934,2574,2034,1464,0843,9383,9113,7783,7263,6773,9573,9584,1404,3624,4094,621
  Retained Earnings4.6%3,5333,3783,2503,0892,9342,9212,8002,6862,5932,5162,4532,3662,3682,4222,3902,5762,6782,7672,9352,9833,139
  Additional Paid-In Capital0.6%1,7021,6911,6791,6791,6661,6571,6451,6431,6321,6221,6111,6101,5991,5941,5871,5881,5811,5731,5651,5641,555
Shares Outstanding---91.0091.0094.00-99.0099.00100-10099.0099.00-99.00100103-108110115
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-117.6%-41,294234,53818,260-321,352-645,149-199,892243,791-232,241-30,968-106,577-9,86884,950122,444287,57298,404148,564195,642334,625269,22115,903-84,979
  Share Based Compensation7.2%9,3558,7248,71912,4148,9248,1009,08210,3789,1787,0466,96210,3704,9616,0756,2547,2857,2185,8947,1278,0339,044
Cashflow From Investing-32.0%-75,789-57,421-26,415-106,810-20,905-89.005,23457,861-11,707-10,025-3,503-9,723-37,945-9,805-16,353-66,480-42,379-22,9135,965-87,32279,058
Cashflow From Financing248.0%100,150-67,691-134,076668,138588,385159,735-202,91456,752142,486-5,619-35,471-184,613-88,310-200,120-160,410-261,267-22,753-494,248-29,508187,325-246,245
  Dividend Payments6.7%28,30026,52326,50026,30026,99825,26725,60023,70023,89321,90920,88820,75620,75620,74020,80920,97521,45120,94821,50021,80022,932
  Buy Backs5936.4%27,0434484,47864,424147,90294,41845,13235,34210,503----1,70936,74487,558112,135120,153117,237175,083156,897

AVT Income Statement

2023-09-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Income Statement [Abstract]  
Sales$ 6,335,648$ 6,750,133
Revenue, Product and Service [Extensible List]us-gaap:TechnologyServiceMemberus-gaap:TechnologyServiceMember
Cost of sales$ 5,587,542$ 5,981,960
Cost, Product and Service [Extensible List]us-gaap:TechnologyServiceMemberus-gaap:TechnologyServiceMember
Gross profit$ 748,106$ 768,173
Selling, general and administrative expenses487,286477,636
Restructuring, integration and other expenses7,051 
Operating income253,769290,537
Other income, net5,960323
Interest and other financing expenses, net(70,796)(45,098)
Gain on legal settlements and other86,499 
Income before taxes275,432245,762
Income tax expense66,16461,501
Net income$ 209,268$ 184,261
Earnings per share:  
Basic$ 2.29$ 1.96
Diluted$ 2.25$ 1.93
Shares used to compute earnings per share:  
Basic91,49594,051
Diluted93,17895,636
Cash dividends paid per common share$ 0.31$ 0.29

AVT Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Jul. 01, 2023
Current assets:  
Cash and cash equivalents$ 278,679$ 288,230
Receivables4,679,6914,763,788
Inventories5,755,0515,465,031
Prepaid and other current assets197,720233,804
Total current assets10,911,14110,750,853
Property, plant and equipment, net470,971441,557
Goodwill759,848780,629
Operating lease assets220,657221,698
Other assets283,845282,422
Total assets12,646,46212,477,159
Current liabilities:  
Short-term debt68,60170,636
Accounts payable3,445,7113,373,820
Accrued expenses and other722,409753,130
Short-term operating lease liabilities53,65751,792
Total current liabilities4,290,3784,249,378
Long-term debt3,101,9032,988,029
Long-term operating lease liabilities186,745190,621
Other liabilities244,853297,462
Total liabilities7,823,8797,725,490
Commitments and contingencies (Note 7)
Shareholders' equity:  
Common stock $1.00 par; authorized 300,000,000 shares; issued 90,983,772 shares and 91,504,053 shares, respectively90,98491,504
Additional paid-in capital1,702,0651,691,334
Retained earnings3,532,6763,378,212
Accumulated other comprehensive loss(503,142)(409,381)
Total shareholders' equity4,822,5834,751,669
Total liabilities and shareholders' equity$ 12,646,462$ 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
 WEBSITEwww.avnet.com
 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 Wed Dec 06 2023, market cap of Avnet Inc is 4.37 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. 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 Wed Dec 06 2023, AVT's PE ratio (Price to Earnings) is 5.66 and Price to Sales (PS) ratio is 0.16. 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 0.028 (multiply by 100 for percentage) rate of return.