Avnet Stock Quote Today

AVT
 Stock
  

USD 44.22  2.21  4.76%   

Market Performance
2 of 100
Odds Of Distress
Less than 21
Avnet is selling for under 44.22 as of the 11th of August 2022; that is -4.76% down since the beginning of the trading day. The stock's last reported lowest price was 42.93. Avnet has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Avnet Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of July 2022 and ending today, the 11th of August 2022. Click here to learn more.
CUSIP
053807103
Fiscal Year End
June
Business Domain
Technology Hardware & Equipment
IPO Date
3rd of May 1973
Category
Technology
Classification
Information Technology
ISIN
US0538071038
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 99.22 M outstanding shares of which 4.45 M shares are presently shorted by investors with about 4.5 days to cover. More on Avnet Inc

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0.87ABNBAirbnb Inc Cl Upward RallyPairCorr

Avnet Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Avnet's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Avnet or challenge it. These highlights can help you better understand the position you are entering 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 MacroaxisInsider: Avnet exotic insider transaction detected
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Avnet's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Avnet's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanRichard Hamada
Fama & French Classification
Average Analyst Recommendation
Analysts covering Avnet report their recommendations after researching Avnet's financial statements, talking to executives and customers, or listening in on Avnet's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Avnet Inc. The Avnet consensus assessment is calculated by taking the average forecast from all of the analysts covering Avnet.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Avnet Inc based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Avnet Inc financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares115.6 M119.9 M
Sufficiently Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted116.2 M119.9 M
Sufficiently Down
Decreasing
Slightly volatile
Net Cash Flow from Operations281.3 M253.5 M
Significantly Up
Increasing
Slightly volatile
Total Assets9.2 B9.6 B
Sufficiently Down
Decreasing
Slightly volatile
Total Liabilities4.9 B4.9 B
Slightly Down
Increasing
Slightly volatile
Current Assets7.3 B7.6 B
Sufficiently Down
Decreasing
Slightly volatile
Current Liabilities3.1 BB
Notably Up
Increasing
Slightly volatile
Total Debt1.7 B1.7 B
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets(0.0164)(0.016)
Fairly Down
Decreasing
Slightly volatile
Gross Margin0.140.133
Notably Up
Decreasing
Slightly volatile
Asset Turnover1.91.958
Sufficiently Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Avnet's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Financial Strength
Avnet's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Avnet's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Avnet's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Avnet's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to 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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Avnet's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Avnet deploys its capital and how much of that capital is borrowed.
Liquidity
Avnet cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.62 B in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Avnet Inc has a current ratio of 1.98, which is typical for the industry and considered as normal. Debt can assist Avnet until it has trouble settling it off, either with new capital or with free cash flow. So, Avnet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avnet Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avnet to invest in growth at high rates of return. When we think about Avnet's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

281.25 Million
Avnet Inc (AVT) is traded on NASDAQ Exchange in USA. It is located in 2211 South 47th Street, Phoenix, AZ 85034, United States and employs 14,500 people. Avnet is listed under Wholesale category by Fama And French industry classification. 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 Inc runs under Technology sector within Electronics & Computer Distribution industry. The entity has 99.22 M outstanding shares of which 4.45 M shares are presently shorted by investors with about 4.5 days to cover. 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.
Check Avnet Probability Of Bankruptcy
Ownership
Avnet holds a total of ninety-nine million two hundred twenty thousand outstanding shares. 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 about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Avnet Ownership Details

Avnet Stock Price Odds Analysis

What are Avnet's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of Avnet jumping above the current price in 90 days from now is about 70.93%. The Avnet Inc probability density function shows the probability of Avnet stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0559. This suggests Avnet Inc market returns are related to returns on the market. As the market goes up or down, Avnet is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Avnet Inc is significantly underperforming DOW.
  Odds Below 44.22HorizonTargetOdds Above 44.22
28.85%90 days
 44.22 
70.93%
Based on a normal probability distribution, the odds of Avnet to move above the current price in 90 days from now is about 70.93 (This Avnet Inc probability density function shows the probability of Avnet Stock to fall within a particular range of prices over 90 days) .

Avnet Historical Income Statement

Avnet Inc Income Statement is one of the three primary financial statements used for reporting Avnet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Avnet Inc revenue and expense. Avnet Income Statement primarily focuses on the company's revenues and expenses during a particular period.
View More Fundamentals

Avnet Stock Against Markets

Picking the right benchmark for Avnet stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Avnet stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Avnet is critical whether you are bullish or bearish towards Avnet Inc at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Avnet without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Avnet Corporate Directors

Avnet corporate directors refer to members of an Avnet board of directors. The board of directors generally takes responsibility for the Avnet's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Avnet's board members must vote for the resolution. The Avnet board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Michael Bradley - Independent DirectorProfile
Oleg Khaykin - DirectorProfile
Kerry Clark - Independent DirectorProfile
Vincent Keenan - VP & Director - Investor RelationsProfile

Invested in Avnet Inc?

You need to understand the risk of investing before taking a position in Avnet. 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 Shape 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.
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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.
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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.
Quarterly Earnings Growth YOY
0.72
Market Capitalization
4.5 B
Quarterly Revenue Growth YOY
0.32
Return On Assets
0.0584
Return On Equity
0.13
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.