Avnet (NASDAQ:AVT - Get Free Report) updated its third quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.650-0.750 for the period, compared to the consensus estimate of 1.020. The company issued revenue guidance of $5.1 billion-$5.4 billion, compared to the consensus revenue estimate of $5.5 billion.
Avnet Stock Up 0.5 %
AVT traded up $0.25 on Friday, hitting $51.66. The company had a trading volume of 828,865 shares, compared to its average volume of 554,930. Avnet has a 52-week low of $43.62 and a 52-week high of $59.24. The firm has a market capitalization of $4.49 billion, a P/E ratio of 14.63, a P/E/G ratio of 0.99 and a beta of 1.14. The stock has a fifty day simple moving average of $53.35 and a 200-day simple moving average of $53.45. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.25 and a quick ratio of 1.07.
Avnet (NASDAQ:AVT - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.01). Avnet had a return on equity of 7.44% and a net margin of 1.41%. As a group, equities analysts expect that Avnet will post 4.1 EPS for the current fiscal year.
Avnet Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date was Wednesday, December 4th. Avnet's payout ratio is 37.39%.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. Bank of America cut shares of Avnet from a "neutral" rating to an "underperform" rating and decreased their price objective for the company from $58.00 to $48.00 in a report on Thursday. Truist Financial cut their target price on Avnet from $54.00 to $52.00 and set a "hold" rating for the company in a research report on Thursday. Three investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company's stock. According to data from MarketBeat, Avnet has a consensus rating of "Reduce" and a consensus target price of $48.40.
View Our Latest Analysis on AVT
Avnet Company Profile
(
Get Free Report)
Avnet, Inc, distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers.
Featured Articles
![Earnings History and Estimates for Avnet (NASDAQ:AVT)](https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx?Prefix=NASDAQ&Symbol=AVT)
Before you consider Avnet, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Avnet wasn't on the list.
While Avnet currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.