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How to Buy Avnet Stock

Avnet Inc

Avnet, Inc. , a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell.

Avnet stock last closed at $46.34, down 0.22% from the previous day, and has increased 1.27% in one year. It has underperformed other stocks in the Electronics & Computer Distribution industry by 0.2 percentage points. Avnet stock is currently +16.9% from its 52-week low of $39.64, and -10.28% from its 52-week high of $51.65.

There are currently 90.36M shares of AVT outstanding. The market value of AVT is $4.19B. In the last 24 hours, 445,303 AVT shares were traded.

How to Buy Avnet Stock

Wondering how to invest in Avnet stock? Here's how.
  1. Decide where to buy Avnet stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Avnet stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Choose your payment method and add your info.
  4. Analyze Avnet stock: The Avnet ticker symbol is AVT. Is Avnet stock a good investment? Should you buy shares of AVT? How do AVT's underlying business fundamentals look? Do top analysts think Avnet is a good buy? Why has AVT's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if AVT is a good stock to buy).
  5. Make your AVT trade: Decide if you will purchase AVT shares at the current market price or use a limit order to buy AVT stock at a given price.
  6. Monitor your AVT investment: Create a watchlist to get the latest news on your investment in Avnet shares.

Step 1: Decide where to buy Avnet stock

You will need a brokerage account to access the NASDAQ market and buy AVT stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked the best brokerage, you need to fill out some personal details so you can buy AVT today.

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  2. Provide your personal data to create a new brokerage account.
  1. Submit your info by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've filled out your info on one of the best stock market apps, your next step is to transfer the money for your investment:

Check out this video walkthrough if you need help depositing money into your new investment account.

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Step 4: Analyze Avnet stock

Once you have identified the best place to buy Avnet stock, it's very important to research their stock before you invest, so you actually comprehend the risk and upside.

Avnet Numbers

AVT Price
$46.34
1w %
2.89%
1y %
1.27%
5y %
3.21%
P/E
6.3x
P/B
0.84x
P/S
0.16x
PEG
N/A
Revenue
$25.61B
Earnings
$669.88M
Fore. Rev. Growth
-2.49%
Fore. Earn. Growth
-2.76%
Market Cap
$4.19B
Next Earnings
N/A
Next Dividend
Mar 20, 2024

Avnet Due Diligence Checks

WallStreetZen was designed to help average investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on AVT's stock page.

Is AVT stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge AVT's true value.

Using relative valuations ratios:

  • AVT could be undervalued based on its P/E ratio of 6.3x, relative to Electronics & Computer Distribution industry P/E ratio of 13.14x
  • AVT may be undervalued based on its P/B ratio of 0.84x, relative to Electronics & Computer Distribution industry P/B ratio of 1.26x

You can access additional valuation research on AVT's stock here.

A quick look at AVT Financials

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the AVT balance sheet.
  • AVT has $272.85M in cash and short term investments. This is enough to cover its annual cash burn of $72.10M.
  • There are more short-term assets than short-term liabilities on the AVT balance sheet.
  • AVT has cash burn of 72103000. It has enough cash and short-term investments to cover this for at least one year.

Failed Financial Due Diligence Checks:

  • Total AVT debt is higher than 5 years ago, relative to shareholder equity.
  • AVT profit margin has gone down from 3.3% to 2.6% in the past year.
  • AVT has a relatively high debt to equity ratio of 1.59.

Do analysts think it's a good time to buy AVT stock

Out of 1 Equities analysts who research AVT, the consensus analyst rating on Avnet is a Strong Sell

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Avnet stock forecast page.

AVT Technical Indicators

SMA10
45.36
SMA20
45.54
SMA50
47.32
SMA100
47.18
SMA200
47.15
MACD
-0.38
MACD Signal
-0.62
MACD Histogram
0.24
RSI
52.26
Stochastic %K
92.44
Stochastic %D
75.03
StochRSI %K
99
StochRSI %D
92.85

Is AVT Making Money?

Last year, AVT earnings were $669.88M. In the last 4 year, AVT's earnings have gone up by 65.07% per year. This was faster than the Electronics & Computer Distribution industry average of 15.84%.

Last year, AVT revenue was $25.61B. During the last five year, AVT's revenue has gone up by 5.08% per year. This was slower than the Electronics & Computer Distribution industry average of 10.1%.

Learn more about AVT's earnings and revenue performance here.

Who is buying/selling AVT?

In the last 12 months, insiders at AVT have sold more shares than they have bought.

Rebeca Obregonjimenez, SVP of AVT, was the latest AVT insider to sell. They sold $101,748.40 worth of AVT shares on Feb 22, 2024.

Research more about who owns AVT shares here.

Does AVT provide a stable income stream?

Avnet pays a dividend of 2.59%, compared to the Electronics & Computer Distribution industry's average dividend yield of 2.34%. If you owned $1,000 worth of AVT stock, you would have been paid $25.90 in the past 12 months.

Avnet dividend payments have consistently grown over the past decade and have remained stable.

Dig into more analysis about Avnet dividend yield and history here.

Get opinions from other traders

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Make your AVT trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, use a limit order.

Press the Open button and eToro will place the order.

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Step 6: Monitor your AVT investment

Now that you own some shares in AVT, you'll want to stay up-to-date on your new investment.

Make a watchlist to get notified of the latest news about your AVT stock.

AVT Feed

How to Buy Stock in Avnet

To reiterate, here are the 6 steps to buy Avnet stock:

  1. Decide where to buy Avnet stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Avnet stock
  5. Make your AVT trade
  6. Monitor your AVT investment

If you are looking for a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Avnet, add AVT to your watchlist by clicking the button below.

NASDAQ: AVT
$46.34-0.10 (-0.22%)
Updated Feb 23, 2024
Open eToro Account
NASDAQ: AVT
$46.34-0.10 (-0.22%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Avnet share?

As of Feb 23, 2024, it costs $46.34 to buy one share of Avnet stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.216 shares of AVT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Avnet stock?

According to 1 Wall Street analysts who monitor Avnet, their consensus recommendation is to sell Avnet stock.

What is the best way to buy Avnet stock?

One way to place an order for Avnet stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.