Avnet, Inc.

Avnet, Inc.

Avnet, Inc. is a global electronic component technology distributor and solutions provider. It markets, sells, and distributes electronic components from electronic component manufacturers, including semiconductors, interconnect, passive and electromechanical components, and other integrated and embedded components. Its primary operating groups include Electronic Components (EC) and Farnell. EC serves a variety of markets ranging from industrial to automotive to defense and aerospace. EC offers an array of customer support options throughout the entire product lifecycle, including turnkey and customized design, supply chain, programming, logistics and post-sales services. The Farnell operating group primarily supports lower-volume customers and distributes a portfolio of kits, tools, electronic components, industrial automation components, and test and measurement products to both engineers and entrepreneurs, through an e-commerce channel. It also distributes new product introductions.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts suggest holding Avnet's stock with a target price of $49.8, indicating limited growth.

Above Average

Financial Health

Avnet, Inc. shows solid revenue and cash flow, although its profit margins are relatively low.

Average

Dividend

Avnet's dividend yield of 2.49% offers a decent return for investors seeking dividends. If you invested $1000 you would be paid $32.80 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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