In last trading session, Avnet Inc (NASDAQ:AVT) saw 0.88 million shares changing hands with its beta currently measuring 1.04. Company’s recent per share price level of $52.66 trading at -$0.03 or -0.06% at ring of the bell on the day assigns it a market valuation of $4.42B. That closing price of AVT’s stock is at a discount of -12.5% from its 52-week high price of $59.24 and is indicating a premium of 25.52% from its 52-week low price of $39.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.64 million shares which gives us an average trading volume of 814.91K if we extend that period to 3-months.
For Avnet Inc (AVT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.14. Splitting up the data highlights that, out of 3 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Avnet Inc (NASDAQ:AVT) trade information
Upright in the red during last session for losing -0.06%, in the last five days AVT remained trading in the green while hitting it’s week-highest on Friday, 06/27/25 when the stock touched $52.66 price level, adding 0.53% to its value on the day. Avnet Inc’s shares saw a change of 1.44% in year-to-date performance and have moved 3.17% in past 5-day. Avnet Inc (NASDAQ:AVT) showed a performance of 4.57% in past 30-days. Number of shares sold short was 4.42 million shares which calculate 7.87 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 50 to the stock, which implies a fall of -5.32% to its current value. Analysts have been projecting 38 as a low price target for the stock while placing it at a high target of 54. It follows that stock’s current price would jump 27.84% in reaching the projected high whereas dropping to the targeted low would mean a gain of 27.84% for stock’s current value.
Avnet Inc (AVT) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 27.82% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -37.04% while estimates for its earnings growth in next 5 years are of 6.72%.
AVT Dividends
Avnet Inc is more likely to be releasing its next quarterly report on 2025-Apr-30 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.51%, the share has a forward dividend of 1.32 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.45%.
Avnet Inc (NASDAQ:AVT)’s Major holders
Insiders are in possession of 0.91% of company’s total shares while institution are holding 109.26 percent of that, with stock having share float percentage of 110.26%. Investors also watch the number of corporate investors in a company very closely, which is 109.26% institutions for Avnet Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at AVT for having 11.04 million shares of worth $568.21 million. And as of 2024-06-30, it was holding 12.1848 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 10.72 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.8406 of outstanding shares, having a total worth of $552.16 million.
