|Bid||27.00 x 1000|
|Ask||32.24 x 1800|
|Day's Range||29.93 - 31.31|
|52 Week Range||17.85 - 46.41|
|Beta (5Y Monthly)||1.34|
|PE Ratio (TTM)||24.08|
|Earnings Date||Aug 06, 2020 - Aug 10, 2020|
|Forward Dividend & Yield||0.84 (2.81%)|
|Ex-Dividend Date||Jun 02, 2020|
|1y Target Est||30.50|
Avnet (AVT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Could Avnet, Inc. (NASDAQ:AVT) be an attractive dividend share to own for the long haul? Investors are often drawn to...
Earlier this afternoon, Avnet released financial results for the third fiscal quarter of 2020. A copy of the slide presentation that will accompany today's remarks can be found via the link in the earnings release, as well as on the IR section of Avnet's website.
Avnet Inc. shares rose 3% in after-hours trading Monday after the distributor and seller of electronic components reported fiscal third-quarter revenue and net income that eclipsed Wall Street estimates. Avnet reported a loss of $128.7 million, or $1.29 a share. Earnings, adjusted for one-time gains and costs, were 38 cents per share. Revenue declined 8% to $4.31 billion from $4.7 billion a year ago. Analysts surveyed by Zacks Investment Research had expected adjusted earnings of 29 cents a share on sales of $4.02 billion. Avnet shares are down 39% in the last year. The broader S&P 500 index is down 2.2% in the last year.
Avnet (NASDAQ:AVT) reported Q3 results.Quarterly Results Earnings per share fell 65.14% over the past year to $0.38, which beat the estimate of $0.32.Revenue of $4,310,000,000 lower by 8.28% from the same period last year, which beat the estimate of $4,060,000,000.Guidance Earnings guidance hasn't been issued by the company for now.How To Listen To The Conference Call Webcast URL: https://veracast.com/webcasts/avt/earnings/93100652.cfmRecent Stock Performance Company's 52-week high was at $49.03View more earnings on AVTCompany's 52-week low was at $17.85Price action over last quarter: down 29.61%Company Profile Avnet is a leading value-added distributor of electronic components. The company's customer base is composed of original equipment manufacturers, or OEMs, electronic manufacturing services, or EMS, providers and original design manufacturers, or ODMs. The firm operates in two groups--electronic components and Farnell, the latter of which was acquired by Avnet in October 2016.See more from Benzinga * Recap: J&J Snack Foods Q2 Earnings * A Look Into Avadel Pharmaceuticals' Price Over Earnings * Morning Market Stats in 5 Minutes(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NEW YORK, NY / ACCESSWIRE / April 27, 2020 / Avnet, Inc. (NASDAQ:AVT) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on April 27, 2020 at 4:30 PM Eastern ...
Hackster.io and UNDP rally global engineering community to combat COVID-19 through ‘Detect and Protect Challenge.’
(NTAP) late Monday withdrew its financial guidance for its fiscal fourth quarter, ending in April, to reflect the uncertainty created by the coronavirus pandemic. NetApp (ticker: NTAP) provides enterprise storage hardware and services to data-center operators—high-touch sales that no doubt have been made harder by both the lack of corporate travel and the difficult economic environment. For that reason, NetApp said, it is withdrawing its previous forecasts.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
In this article we are going to estimate the intrinsic value of Avnet, Inc. (NASDAQ:AVT) by taking the expected future...
The two Arizona publicly traded tech companies expect lower revenue for the current quarter than previously forecast.
Companies expected to feel the most effects from the coronavirus outbreak are ones that deal in electronics, pharmaceuticals and automotive.
Avnet, Inc. (NASDAQ:AVT) stock is about to trade ex-dividend in 4 days time. You can purchase shares before the 3rd of...
Stocks have started to crater as the novel coronavirus spread to Europe and other parts of Asia. Fortunately, Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK.B), was on hand Feb. 24, telling viewers on CNBC that folks should never sell based on headlines.As always, the world's greatest investor dispensed excellent advice. Indiscriminate selling is too often a good way to lock in losses or forgo gains.But that doesn't mean that investors shouldn't be looking for stocks to sell. They should, as part of a natural pruning to weed out lousy holdings and free up cash for better opportunities. To that end, some stocks looked like serious duds even before the Dow Jones Industrial Average tumbled almost a thousand points.To find stocks Wall Street is most bearish on, we scoured the Center for Research in Securities Prices' (CRSP) total U.S. market index for companies with a minimum market capitalization of $500 million. Our stocks also had to have coverage by at least three analysts. Next, we turned to S&P; Global Market Intelligence's recommendation roundup.S&P; Global surveys analysts' stock calls and scores them on a five-point scale, where 1.0 equals a Strong Buy and 5.0 is a Strong Sell. Scores between 3.5 and 2.5 translate into a Hold recommendation. Any score higher than 3.5 means that analysts, on average, believe the stock should be sold. The closer a score gets to 5.0, the higher their collective conviction.Here are 11 stocks to sell that rank among the worst names listed on any major U.S. exchange. If you're still holding any of the names after the latest market selloff, you might want to rethink your commitment. SEE ALSO: 16 Stocks Warren Buffett Is Buying and Selling