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SymbolStock Name
Latest PriceChg%ChgVolumeTurnoverOpenPre CloseHighLowMarket CapFloat CapSharesShs Float5D %Chg10D %Chg20D %Chg60D % Chg120D %Chg250D %Chg% Year-to-dateDiv YieldTTMTurnover RatioP/E (TTM)P/E (Static)AmplitudeIndustry
US OptionsDetailed Quotes
AVT240517P60000
- 13.50
- 0.000.00%
15min DelayTrading Mar 18 15:03 ET
0.00High0.00Low
0.00Open13.50Pre Close0 Volume0 Open Interest60.00Strike Price0.00Turnover0.00%IV0.21%PremiumMay 17, 2024Expiry Date8.21Intrinsic Value100Multiplier7DDays to Expiry5.29Time Value100Contract SizeAmericanOptions Type--Delta--Gamma6.39Leverage Ratio--Theta--Rho--Eff Leverage--Vega
Intraday
- 5D
- 1D
News
Avnet, Inc. (NASDAQ:AVT) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Investors in Avnet, Inc. (NASDAQ:AVT) had a good week, as its shares rose 4.5% to close at US$51.09 following the release of its third-quarter results. It looks like the results were a bit of a
Thanks To Apple, This Analyst Is Optimistic On ARM, Microchip Technology And More Ahead Of Earnings
This past week, eight companies in KeyBanc analyst John Vinh's semi-coverage universe reported, from which he highlighted vital takeaways. The companies included Advanced Micro Devices, Inc (NASDAQ:AM
There Is A Reason Avnet, Inc.'s (NASDAQ:AVT) Price Is Undemanding
Avnet, Inc.'s (NASDAQ:AVT) price-to-earnings (or "P/E") ratio of 7.8x might make it look like a strong buy right now compared to the market in the United States, where around half of the companies hav
Analysts Have Lowered Expectations For Avnet, Inc. (NASDAQ:AVT) After Its Latest Results
Avnet Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/02/2024 -0.15% Truist Securities $49 → $48 Maintains Hold 02/01/2024 -12.63% Goldman Sachs $48 → $42 Ma
Truist Financial Remains a Hold on Avnet (AVT)
Comments
Recent insider selling at Avnet, especially at prices below current share price, signals negativity. The absence of insider buying in the past year and low insider ownership suggest a misalignment between management and smaller shareholders, making us wary of the stock.
This Avnet Insider Reduced Their Stake By 83%Despite Avnet's current undervaluation, the negative profit outlook introduces a high level of uncertainty and risk. Investors are advised to consider these factors before deciding to increase their portfolio exposure to Avnet or diversify into another stock.
Given Avnet's bleak earnings forecast, its low P/E ratio appears justified as the potential for earnings improvement is not viewed by investors as strong enough to demand a higher ratio. Without better conditions, there might be obstacles to share price growth.
Insider selling at Avnet without recent insider buying could be worrying for potential investors. Investigate carefully as earnings grow, but lacking substantial ownership and demonstrating insider selling.
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Avnet's cheaper price could allure investors, but the negative profit outlook and high beta escalates the investment risk. Its high future uncertainty raises the stakes of the investment.
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