A share price of Avnet Inc [AVT] is currently trading at $44.74, down -3.60%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AVT shares have gain 0.97% over the last week, with a monthly amount drifted -4.61%, 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 experienced fluctuations in its stock price throughout the past year between $39.22 and $59.24. Currently, Wall Street analysts expect the stock to reach $54 within the next 12 months. Avnet Inc [NASDAQ: AVT] shares were valued at $44.74 at the most recent close of the market. An investor can expect a potential return of 20.7% based on the average AVT price forecast.
Analyzing the AVT fundamentals
Trailing Twelve Months sales for Avnet Inc [NASDAQ:AVT] were 22.48B which represents -8.73% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.23.
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 43.61 points at the first support level, and at 42.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.64, and for the 2nd resistance point, it is at 46.55.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Avnet Inc [NASDAQ:AVT] is 2.39. In addition, the Quick Ratio stands at 1.15 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 0.17, the price to book ratio is 0.80 and price to earnings (TTM) ratio is 12.68.
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.
