Avnet Stock Analysis

AVT
 Stock
  

USD 45.36  1.50  3.20%   

The newest indifference towards the small price fluctuations of Avnet Inc could raise concerns from private investors as the firm is trading at a share price of 45.36 on 975,938 in volume. The company directors and management did not add any value to Avnet investors in July. However, most investors can still diversify their portfolios with Avnet Inc to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.91. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Please continue to Trending Equities.
  
The Avnet stock analysis report makes it easy to digest most publicly released information about Avnet and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Avnet Stock analysis module also helps to analyze the Avnet price relationship with some important fundamental indicators such as market cap and management efficiency.

Avnet Stock Analysis Notes

About 99.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.12. Some equities with similar Price to Book (P/B) outperform the market in the long run. Avnet Inc has Price/Earnings To Growth (PEG) ratio of 0.65. The entity next dividend is scheduled to be issued on the 7th of June 2022. The firm had 2:1 split on the 29th of September 2000. 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. It employs 14500 people. For more info on Avnet Inc please contact Richard Hamada at 480 643-2000 or go to www.avnet.com.

Avnet Quarterly Cost of Revenue

5.68 Billion

Avnet Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Avnet's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Avnet Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Avnet Inc has about 199.46 M in cash with (126 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.04.
Over 99.0% of the company shares are held by institutions such as insurance companies
On 22nd of June 2022 Avnet paid $ 0.26 per share dividend to its current shareholders
Latest headline from simplywall.st: Is Avnet, Inc.s Recent Stock Performance Tethered To Its Strong Fundamentals - Simply Wall St

Avnet Inc Upcoming and Recent Events

Earnings reports are used by Avnet to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Avnet previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report26th of January 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End10th of August 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Avnet Largest EPS Surprises

Earnings surprises can significantly impact Avnet's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2002-10-24
2002-09-30-0.01-0.00410.005959 
2003-04-24
2003-03-310.070.080.0114 
2003-01-23
2002-12-310.050.060.0120 
View All Earnings Estimates

Avnet SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Avnet prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Avnet investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Avnet Inc specific information freely available to individual and institutional investors to make a timely investment decision.
3rd of August 2022
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
11th of July 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
16th of May 2022
Financial Statements and Exhibits. Other Events
View
27th of April 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
9th of February 2022
Unclassified Corporate Event
View
31st of January 2022
Unclassified Corporate Event
View
26th of January 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
19th of January 2022
Unclassified Corporate Event
View

Avnet Thematic Classifications

In addition to having Avnet stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Wholesale
USA Equities from Wholesale industry as classified by Fama & French
Computers
USA Equities from Computers industry as classified by Fama & French

Avnet Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 4.62 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avnet's market, we take the total number of its shares issued and multiply it by Avnet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Avnet Profitablity

Avnet's profitability indicators refer to fundamental financial ratios that showcase Avnet's ability to generate income relative to its revenue or operating costs. If, let's say, Avnet is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Avnet's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Avnet's profitability requires more research than a typical breakdown of Avnet's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 2.29 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is considered to be average in the sector. In the same way, it shows Net Operating Margin of 4.12 %, which entails that for every 100 dollars of revenue, it generated 0.04 of operating income.
Last ReportedProjected for 2022
Return on Investment 3.47  3.56 
Return on Average Assets(0.016) (0.0164) 
Return on Average Equity(0.031) (0.0318) 
Return on Invested Capital 0.034  0.0349 
Return on Sales 0.012  0.0182 

Management Efficiency

The entity has Return on Asset of 5.84 % which means that on every $100 spent on asset, it made $5.84 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 12.96 %, implying that it generated $12.96 on every 100 dollars invested. Avnet management efficiency ratios could be used to measure how well avnet inc manages its routine affairs as well as how well it operates its assets and liabilities. Avnet Return on Investment is comparatively stable at the moment as compared to the past year. Avnet reported Return on Investment of 3.47 in 2021. Return on Invested Capital is likely to gain to 0.0349 in 2022, whereas Return on Average Assets are likely to drop (0.0164)  in 2022. Avnet Current Liabilities is comparatively stable at the moment as compared to the past year. Avnet reported Current Liabilities of 2.97 Billion in 2021. Liabilities Non Current is likely to gain to about 2 B in 2022, whereas Total Liabilities is likely to drop slightly above 4.9 B in 2022.
Last ReportedProjected for 2022
Book Value per Share 39.07  41.35 
Enterprise Value over EBIT 28.00  30.21 
Enterprise Value over EBITDA 13.55  12.79 
Price to Book Value 1.08  1.02 
Tangible Assets Book Value per Share 70.02  77.66 
Enterprise Value6.2 B5.8 B
Tangible Asset Value8.4 B8.1 B

Technical Drivers

As of the 9th of August, Avnet shows the mean deviation of 1.46, and Risk Adjusted Performance of (0.017928). Avnet Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Avnet Inc, which can be compared to its rivals. Please confirm Avnet Inc downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Avnet Inc is priced correctly, providing market reflects its regular price of 45.36 per share. Given that Avnet has jensen alpha of (0.028512), we suggest you to validate Avnet Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Avnet Inc Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Avnet middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Avnet Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
.

Avnet Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Avnet insiders, such as employees or executives, is commonly permitted as long as it does not rely on Avnet's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Avnet insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Avnet Outstanding Bonds

Avnet issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Avnet Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Avnet bonds can be classified according to their maturity, which is the date when Avnet Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Avnet Technical and Predictive Indicators

Avnet Forecast Models

Avnet time-series forecasting models is one of many Avnet's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Avnet's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Avnet Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Avnet stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Avnet shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Avnet. By using and applying Avnet Stock analysis, traders can create a robust methodology for identifying Avnet entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 1.21  1.24 
EBITDA Margin 0.024  0.0266 
Gross Margin 0.13  0.14 
Profit Margin(0.008) (0.008211) 
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. It employs 14500 people.

Current Avnet Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Avnet analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Avnet analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
47.2Hold5Odds
Avnet Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Avnet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Avnet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Avnet Inc, talking to its executives and customers, or listening to Avnet conference calls.
Avnet Analyst Advice Details

Avnet Stock Analysis Indicators

Avnet Inc stock analysis indicators help investors evaluate how Avnet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Avnet shares will generate the highest return on investment. By understating and applying Avnet stock analysis, traders can identify Avnet position entry and exit signals to maximize returns.
Quick Ratio1.07
Trailing Annual Dividend Rate0.88
Fifty Two Week Low35.71
Revenue Growth32.00%
Payout Ratio18.15%
Average Daily Volume Last 10 Day677.13k
Shares Short Prior Month4M
Average Daily Volume In Three Month847.65k
Earnings Growth72.00%
Shares Percent Shares Out4.56%
Earnings Quarterly Growth70.60%
Gross Margins12.22%
Forward Price Earnings6.80
Short Percent Of Float6.04%
Float Shares96.97M
Fifty Two Week High50.19
Fifty Day Average45.15
Enterprise Value To Ebitda6.38
Two Hundred Day Average41.84
Enterprise Value To Revenue0.26
Trailing Annual Dividend Yield1.86%
Please continue to Trending Equities. Note that the Avnet Inc information on this page should be used as a complementary analysis to other Avnet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Avnet Stock analysis

When running Avnet Inc 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 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.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Is Avnet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avnet. If investors know Avnet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avnet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Avnet Inc is measured differently than its book value, which is the value of Avnet that is recorded on the company's balance sheet. Investors also form their own opinion of Avnet's value that differs from its market value or its book value, called intrinsic value, which is Avnet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avnet's market value can be influenced by many factors that don't directly affect Avnet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avnet's value and its price as these two are different measures arrived at by different means. Investors typically determine Avnet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avnet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.