Analyst Ratings for Avnet Inc. (AVT)

Updated: 2017-07-28

Avnet Inc. (NYSE:AVT) was awarded an average rating of Hold from investment analysts following the stock. About 30 days ago, AVT was issued an average rating of Hold.

A buy rating was issued by 1 analysts, 0 gave an overweight rating, 6 issued a hold rating, 1 issued an underweight rating, and 3 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 1.

Many analysts weighed in on price targets for AVT. The maximum price target given was 48, which equates to a potential upside of 24.74 percent. The lowest price target was 31, implying potential capital losses of -19.44 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -8.38 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.54 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of AVT's earnings is estimated by analysts to be 29.28 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AVT is 0.53.

In the trailing 52-weeks, AVT hit 51.50 at the highest peak, while it's lowest trading point was 35.96. The current market price is above the trailing year's low by 7.01 percent, and 25.28 percent below the high. AVT has a price/earnings ratio of 15.54. Investors typically compare the P/E ratio to a company's peers in the industry. The AVT value stock report compares AVT to some of its peers using value stock charts. The market cap of AVT is $4.84 billion. AVT will post this quarters earnings in days, on 0000-00-00.