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 most optimistic price target was 48, implying potential capital gains of 24.74 percent. The lowest price target was 31, implying a possible loss of -19.44 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.54 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

AVT has an estimated earnings growth rate of 29.28 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. AVT has a PEG ratio of 0.53.

AVT has a 52-week high of 51.50 and a 52-week low of 35.96. Currently the stock is 7.01 percent higher than its low, and below the high by 25.28 percent. 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's next earnings release will be on 0000-00-00, which is days away.