Witnessing the stock’s movement on the chart, on Thursday, Avnet Inc. (NASDAQ: AVT) set off with pace as it heaved 0.63% to $54.25, before settling in for the price of $53.91 at the close. Taking a more long-term approach, AVT posted a 52-week range of $42.67-$55.84.
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The Technology sector firm’s twelve-monthly sales growth has been 4.85% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 27.82%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -16.98%. This publicly-traded company’s shares outstanding now amounts to $89.05 million, simultaneously with a float of $86.59 million. The organization now has a market capitalization sitting at $4.74 billion. At the time of writing, stock’s 50-day Moving Average stood at $53.48, while the 200-day Moving Average is $50.71.
Avnet Inc. (AVT) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Electronics & Computer Distribution industry. Avnet Inc.’s current insider ownership accounts for 0.91%, in contrast to 101.70% institutional ownership. Preceding that transaction, on Aug 29 ’24, Company’s Director sold 3,642 for 54.83, making the whole transaction’s value amount to 199,691. This particular insider is now the holder of 0 in total.
Avnet Inc. (AVT) Earnings and Revenue Records
Avnet Inc.’s EPS decrease for this current 12-month fiscal period is -16.98% and is forecasted to reach 6.31 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.11% through the next 5 years, which can be compared against the 27.82% growth it accomplished over the previous five years trading on the market.
Avnet Inc. (NASDAQ: AVT) Trading Performance Indicators
Let’s observe the current performance indicators for Avnet Inc. (AVT). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.98. Alongside those numbers, its PE Ratio stands at $10.03, and its Beta score is 1.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.20. Similarly, its price to free cash flow for trailing twelve months is now 10.23.
In the same vein, AVT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.41, a figure that is expected to reach 0.86 in the next quarter, and analysts are predicting that it will be 6.31 at the market close of one year from today.
Technical Analysis of Avnet Inc. (AVT)
Going through the that latest performance of [Avnet Inc., AVT]. Its last 5-days volume of 0.57 million was inferior to the volume of 0.59 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 27.82% While, its Average True Range was 0.93.
Raw Stochastic average of Avnet Inc. (AVT) in the period of the previous 100 days is set at 79.46%, which indicates a major rise in contrast to 36.40% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 13.90% that was lower than 24.38% volatility it exhibited in the past 100-days period.
