Avnet Inc Stock Analysis

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 0.85. 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 2.53. The entity recorded earning per share (EPS) of 7.25. The firm last dividend was issued on the 5th of March 2024. Avnet 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 15300 people. For more info on Avnet Inc please contact Richard Hamada at 480-643-2000 or go to https://www.avnet.com.

Avnet Inc Investment Alerts

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Avnet Thematic Classifications

Avnet Stock Institutional Investors

Note, although Avnet's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Avnet Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 4.22 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 those looking for more risk prefer small-cap and mid-cap equities.

Avnet Profitablity

The company has Net Profit Margin of 0.03 %, 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 way below average. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income.

Management Efficiency

Avnet Inc has Return on Asset of 0.0549 % which means that on every $100 spent on assets, it made $0.0549 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1419 %, implying that it generated $0.1419 on every 100 dollars invested. Avnet's management efficiency ratios could be used to measure how well Avnet manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.02 in 2024. Return On Capital Employed is likely to drop to 0.03 in 2024. At this time, Avnet's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 15.1 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 311.5 M in 2024.

Technical Drivers

As of the 23rd of April, Avnet shows the Risk Adjusted Performance of 0.0207, downside deviation of 1.71, and Mean Deviation of 1.05. 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 peers. 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 47.38 per share. Given that Avnet has jensen alpha of (0.09), 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

Avnet Inc Insider Trading Activities

Avnet Outstanding Bonds

Avnet Predictive Daily Indicators

Avnet Corporate Filings

Avnet Forecast Models

Avnet's time-series forecasting models are one of many Avnet's stock analysis techniques aimed at predicting 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 market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Avnet prices is reacting to, or reflecting on a current 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.

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.

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.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avnet Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

When running Avnet's 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 the 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.

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 if Avnet is a good investment 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.