Ratings Avnet, Inc.

Equities

AVT

US0538071038

Real-time Estimate Cboe BZX Other stock markets 12:16:57 2024-04-19 pm EDT			5-day change	1st Jan Change
46.53 ^USD	-0.02%		-1.22%	-7.43%

Mar. 04	Transcript : Avnet, Inc. Presents at 45th Annual Raymond James Institutional Investors Conference 2024, Mar-04-2024 11:00 AM
Feb. 16	Avnet Maintains Quarterly Dividend at $0.31 a Share. Payable March 20 to Shareholders of Record March 6	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

Its low valuation, with P/E ratio at 8.33 and 7.49 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company shows low valuation levels, with an enterprise value at 0.28 times its sales.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The company does not generate enough profits, which is an alarming weak point.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Electronic Equipment & Parts

	1st Jan change	Capi.	ESG Refinitiv
AVNET, INC.	-7.43%	4.21B	B
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FLEX LTD.	-9.59%	11.64B	A
HALMA PLC	-4.42%	10.34B	B
HUIZHOU DESAY SV AUTOMOTIVE CO., LTD.	+1.24%	10.05B	B

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes