AVT - Avnet, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
42.30
+0.50 (+1.20%)
As of 3:22PM EDT. Market open.
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Previous Close41.80
Open41.97
Bid42.31 x 1300
Ask42.34 x 1400
Day's Range41.77 - 42.40
52 Week Range33.55 - 49.41
Volume376,725
Avg. Volume661,703
Market Cap4.452B
Beta (3Y Monthly)1.60
PE Ratio (TTM)26.50
EPS (TTM)1.60
Earnings DateOct 23, 2019 - Oct 28, 2019
Forward Dividend & Yield0.84 (2.04%)
Ex-Dividend Date2019-09-10
1y Target Est43.13
Trade prices are not sourced from all markets
  • What Makes Avnet (AVT) a Strong Sell?
    Zacks

    What Makes Avnet (AVT) a Strong Sell?

    Avnet (AVT) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.

  • Avnet Distribution Center Becomes One of the Largest Authorized Foreign-Trade Zones in Arizona
    Business Wire

    Avnet Distribution Center Becomes One of the Largest Authorized Foreign-Trade Zones in Arizona

    Leading global technology solutions provider Avnet (Nasdaq: AVT) has secured Foreign-Trade Zone authorization from the United States Bureau of Customs and Border Protection (CBP) for its McKemy Distribution Center in Chandler, Ariz. The designation reduces tariff recovery fees for its international customers as well as for domestic customers shipping abroad. Foreign-Trade Zone authorization also increases the company’s global logistics efficiency and improves its cash flow.

  • Avnet could save millions of dollars with Valley foreign trade zone status
    American City Business Journals

    Avnet could save millions of dollars with Valley foreign trade zone status

    It's the first FTZ designation for Avnet and is at the company’s largest warehouse in the Americas, located in the East Valley. Meanwhile, two startup vehicle manufacturers are applying for FTZ status in Pinal County.

  • MarketWatch

    Avnet boosts dividend, share buyback program

    Avnet Inc. said Monday it was increasing its dividend by 5% and adding $500 million to its stock repurchase program. The electronic components company's new quarterly dividend of 21 cents a share, up from 20 cents a share, will be payable Sept. 25 to shareholders of record on Sept. 11. Based on Friday's stock closing price of $40.99, the new annual dividend rate implies a dividend yield of 2.05%, compared with the implied yield for the S&P 500 of 2.02%. The company said it now has $675 million available to buy back stock, which based on Friday's closing prices would represent about 16% of the shares outstanding. The stock has lost 5.5% over the past three months, while the S&P 500 has gained 1.0%.

  • Business Wire

    Avnet Expands Share Repurchase Authorization by $500M; Increases Dividend by 5% to $.21 per Share; and Announces Annual Shareholder Meeting

    Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions provider, today announced that on August 14, 2019, its Board of Directors approved an increase in Avnet’s current share repurchase authorization by $500 million. Avnet now has $675 million available for share repurchases when combined with prior authorizations. In addition, Avnet’s Board of Directors approved a 5% increase in the quarterly cash dividend to $.21 per share.

  • Thomson Reuters StreetEvents

    Edited Transcript of AVT earnings conference call or presentation 8-Aug-19 8:30pm GMT

    Q4 2019 Avnet Inc Earnings Call

  • New Strong Sell Stocks for August 13th
    Zacks

    New Strong Sell Stocks for August 13th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.

  • Avnet Q4 sales decline amid global economic uncertainty
    American City Business Journals

    Avnet Q4 sales decline amid global economic uncertainty

    Leeds, England-based Premier Farnell, Avnet’s largest acquisition to date, saw its business hit hard by market declines during the latest period amid concerns over Brexit and the China-U.S. trade war.

  • Avnet's (AVT) Q4 Earnings Lag Estimates, Revenues Down Y/Y
    Zacks

    Avnet's (AVT) Q4 Earnings Lag Estimates, Revenues Down Y/Y

    Weakness in the components industry due to macroeconomic headwinds affects Avnet's (AVT) fiscal fourth-quarter results. However, cost saving efforts are a positive.

  • GuruFocus.com

    2 Stocks Decline Friday

    Avnet, DXC Technology fall on quarterly results Continue reading...

  • Avnet (AVT) Q4 2019 Earnings Call Transcript
    Motley Fool

    Avnet (AVT) Q4 2019 Earnings Call Transcript

    AVT earnings call for the period ending June 30, 2019.

  • Business Wire

    Avnet Reports Fourth Quarter and Fiscal 2019 Financial Results

    Quarterly sales of $4.7 billion within guidance despite macroeconomic headwinds and tariffs

  • Avnet (AVT) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks

    Avnet (AVT) Reports Next Week: Wall Street Expects Earnings Growth

    Avnet (AVT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Read This Before Judging Avnet, Inc.'s (NASDAQ:AVT) ROE
    Simply Wall St.

    Read This Before Judging Avnet, Inc.'s (NASDAQ:AVT) ROE

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • Business Wire

    Avnet to Report Fourth Quarter Fiscal Year 2019 Earnings on August 8

    Conference call and webcast to follow at 1:30 p.m. PDT / 4:30 p.m. EDT

  • Business Wire

    Avnet Makes Investment in Defendry’s Artificial Intelligence Solution

    Avnet, a leading global technology solutions provider, has invested $2.1M in DefendryTM, a surveillance platform that helps prevent active shooter incidents. Defendry is powered by proprietary artificial intelligence (AI) designed to identify and stop physical threats before they enter a building. Defendry was created by serial-tech entrepreneur Pat Sullivan and research scientist Dr. Sean Huver, who saw a way to use advanced technology to reduce the number of tragic shootings in the U.S.

  • Business Wire

    Avnet Marks Community Milestones

    Avnet (Nasdaq: AVT) today announced that Hackster.io and element14 continue to achieve impressive growth, and have achieved two milestones: Hackster has surpassed one million members and element14 celebrated its 10th anniversary. Together Hackster and element14 comprise the world’s largest collaborative network of engineers, entrepreneurs and developers who learn by engaging each other on ideas, new products, discussion groups and other useful online resources. “While product development can be complex, time consuming and highly competitive, the collaboration and strong partnerships found in our communities can help anyone navigate the path to production,” said Bill Amelio, Chief Executive Officer, Avnet.

  • Avnet Promotes Max Chan to Chief Information Officer
    Business Wire

    Avnet Promotes Max Chan to Chief Information Officer

    Avnet , a leading global technology solutions provider, today announced the promotion of Max Chan to Chief Information Officer , reporting to MaryAnn Miller, Chief Administrative Officer.

  • Avnet Advances IoT Security with Microsoft Azure Sphere Developer Resources
    Business Wire

    Avnet Advances IoT Security with Microsoft Azure Sphere Developer Resources

    Security has become the biggest challenge for IoT development, with 8 out of 10 developers identifying it as their biggest hurdle. To help developers create highly secure, end-to-end IoT solutions, leading global technology solutions provider Avnet (Nasdaq: AVT) is giving away 20,000 free Azure Sphere starter kits. Additionally, developers will have access to a series of resources including webinars, lectures, road tests and design contests hosted by Avnet -- as part of Avnet’s ongoing relationship with Microsoft’s Azure Sphere Ecosystem.

  • American City Business Journals

    Arizona's most-profitable public companies raked in billions in 2018

    The top 25 most-profitable public companies in Arizona put up hefty profits on their balance sheets during 2018, according to Business Journal research.

  • GuruFocus.com

    FPA Capital Fund Buys 1, Sells 2 in 2nd Quarter

    Fund swaps 2 energy companies for managed health care company Continue reading...

  • Why We’re Not Impressed By Avnet, Inc.’s (NASDAQ:AVT) 9.5% ROCE
    Simply Wall St.

    Why We’re Not Impressed By Avnet, Inc.’s (NASDAQ:AVT) 9.5% ROCE

    Today we are going to look at Avnet, Inc. (NASDAQ:AVT) to see whether it might be an attractive investment prospect...

  • Avnet Names Pete Bartolotta to President of Business Transformation
    Business Wire

    Avnet Names Pete Bartolotta to President of Business Transformation

    Avnet (Nasdaq: AVT), a leading global technology solutions provider, today named Pete Bartolotta to President, Business Transformation, reporting to CEO Bill Amelio. Bartolotta has held the position of Chief Transformation Officer since joining Avnet in 2016. As President of Business Transformation, Bartolotta is responsible for scaling Avnet’s high-growth solutions, including Internet of Things (IoT), Artificial Intelligence (AI), global design services and Avnet Integrated, to expand opportunities with existing and new types of customers around the world.

  • It’s Time to Invest in Value Stocks – Atlantic’s Alexander Roepers Expects Rotation Back to Value
    Insider Monkey

    It’s Time to Invest in Value Stocks – Atlantic’s Alexander Roepers Expects Rotation Back to Value

    In a recent Bloomberg’s interview, Atlantic Investment Management’s Alexander Roepers discussed his market expectations, which he already shared in a report published a month ago.  Namely, the word is about rotation to value stocks, which he anticipated three years ago as well. When asked about why he thinks the rotation is now more imminent than […]

  • Avnet Announces New Chief Marketing Officer
    Business Wire

    Avnet Announces New Chief Marketing Officer

    Jessica Daughetee promoted to lead Avnet’s Global Marketing Organization