Avnet (NASDAQ:AVT) Issues Q2 2025 Earnings Guidance

Avnet (NASDAQ:AVT - Get Free Report) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.800-0.900 for the period, compared to the consensus earnings per share estimate of 1.010. The company issued revenue guidance of $5.4 billion-$5.7 billion, compared to the consensus revenue estimate of $5.5 billion. Avnet also updated its Q2 guidance to $0.80-0.90 EPS.

Avnet Stock Performance

Shares of NASDAQ AVT traded up $3.67 during midday trading on Wednesday, hitting $58.13. 501,110 shares of the stock traded hands, compared to its average volume of 589,151. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.10 and a current ratio of 2.32. Avnet has a one year low of $42.67 and a one year high of $59.24. The firm has a market capitalization of $5.08 billion, a P/E ratio of 10.77 and a beta of 1.15. The firm has a 50-day moving average of $53.47 and a two-hundred day moving average of $52.56.

Avnet (NASDAQ:AVT - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.27. Avnet had a net margin of 2.10% and a return on equity of 9.92%. The company had revenue of $5.56 billion for the quarter, compared to the consensus estimate of $5.37 billion. During the same quarter last year, the firm posted $2.06 earnings per share. The firm's revenue was down 15.1% compared to the same quarter last year. On average, equities analysts forecast that Avnet will post 4.57 EPS for the current fiscal year.

Avnet Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 11th were given a $0.33 dividend. This is a boost from Avnet's previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $1.32 dividend on an annualized basis and a yield of 2.27%. Avnet's dividend payout ratio is presently 24.40%.

Wall Street Analyst Weigh In

AVT has been the subject of a number of recent analyst reports. Truist Financial upped their price target on shares of Avnet from $48.00 to $52.00 and gave the stock a "hold" rating in a research report on Friday, August 9th. Wells Fargo & Company upped their price objective on Avnet from $40.00 to $45.00 and gave the stock an "underweight" rating in a research note on Friday, August 9th. Finally, Stifel Nicolaus lifted their target price on Avnet from $50.00 to $55.00 and gave the company a "hold" rating in a research note on Friday, August 9th.

About Avnet

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.

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