Avnet Inc [AVT] stock is trading at $49.34, up 1.52%. An important factor to consider is whether the stock is rising or falling in short-term value. The AVT shares have gain 5.20% over the last week, with a monthly amount drifted -5.61%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Avnet Inc [NASDAQ: AVT] stock has seen the most recent analyst activity on January 30, 2025, when BofA Securities downgraded its rating to a Underperform. Previously, Wells Fargo downgraded its rating to Underweight on September 16, 2022, and dropped its price target to $35. On July 14, 2022, JP Morgan initiated with a Underweight rating and assigned a price target of $46 on the stock. BofA Securities reiterated its Neutral rating and decreased its price target to $43 on October 07, 2021. Loop Capital upgraded its rating to a Buy and raised its price target to $53 on April 30, 2021. Longbow upgraded its rating to Buy for this stock on September 03, 2020.
Avnet Inc [AVT] stock has fluctuated between $45.50 and $59.24 over the past year. Currently, Wall Street analysts expect the stock to reach $54 within the next 12 months. Avnet Inc [NASDAQ: AVT] shares were valued at $49.34 at the most recent close of the market. An investor can expect a potential return of 9.44% based on the average AVT price forecast.
Analyzing the AVT fundamentals
Avnet Inc [NASDAQ:AVT] reported sales of 22.48B for the trailing twelve months, which represents a drop of -8.73%. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 48.85 points at the first support level, and at 48.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.77, and for the 2nd resistance point, it is at 50.20.
Ratios To Look Out For
For context, Avnet Inc’s Current Ratio is 2.39. On the other hand, the Quick Ratio is 1.15, and the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.19, the price to book ratio is 0.88 and price to earnings (TTM) ratio is 13.99.
Transactions by insiders
Recent insider trading involved JAMES LAWRENCE, Director, that happened on Aug 29 ’24 when 3642.0 shares were purchased. Director, LAWRENCE JAMES A completed a deal on Aug 29 ’24 to sell 3642.0 shares. Meanwhile, Senior VP – Operations McMullen Elizabeth sold 1234.0 shares on Aug 15 ’24.
