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 $55.27, down 0.7% from the previous day, and has increased 16.06% in one year. It has underperformed other stocks in the Electronics & Computer Distribution industry by 0.07 percentage points. Avnet stock is currently +26.71% from its 52-week low of $43.62, and -6.7% from its 52-week high of $59.24.
There are currently 86.94M shares of AVT outstanding. The market capitalization of AVT is $4.81B. In the past 24 hours, 602,269 AVT shares were traded.
How to Buy Avnet Stock
Wondering how to invest in Avnet stock? Here's how.
- Decide where to buy Avnet stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Avnet stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your payment method and add your information.
- 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 research website can help you evaluate if AVT is a good stock to buy).
- Make your AVT trade: Decide if you will purchase AVT shares at the current market price or use a limit order to buy AVT shares at a specific price.
- Monitor your AVT investment: Create a watchlist to watch your investment in Avnet shares.
Step 1: Decide where to buy Avnet stock
You will need an online brokerage account to access the NASDAQ market and buy AVT stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to buy AVT today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new trading account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on a good online stock trading app, you can securely and quickly fund your account:
Check out the tutorial below for more details transferring money into your brokerage account.
Step 4: Analyze Avnet stock
After you have identified the best place to buy Avnet stock, it's important to analyze their stock prior to investing, so you can comprehend the risk as well as the upside.
Avnet quick stats
Avnet Due Diligence Checks
WallStreetZen was built to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on AVT's stock page.
Is AVT stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge AVT's true value.
Using relative valuations measures:
- AVT could be overvalued based on its P/E ratio of 14.24x, relative to Electronics & Computer Distribution industry P/E ratio of 13.76x
- AVT could be undervalued based on its P/B ratio of 0.95x, relative to Electronics & Computer Distribution industry P/B ratio of 1.36x
- AVT may be undervalued based on its PEG ratio of 0.65x
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's operating cash flow of $837.60M allows it to safely service it's debt of $3.19B.
- There are more short-term assets than short-term liabilities on the AVT balance sheet.
Failed Financial Due Diligence Checks:
- AVT profit margin has gone down from 3% to 1.5% in the past year.
- AVT has a relatively high debt to equity ratio of 1.5.
- Total AVT debt is higher than 5 years ago, relative to shareholder equity.
- AVT earnings of $708.08M is not enough to cover its interest payments.
Do analysts think it's a good time to buy AVT stock
Out of 3 Equities analysts who research AVT, the consensus analyst rating on Avnet is a 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
Is AVT Making Money?
Last year, AVT earnings were $348.39M. In the last 5 year, AVT's earnings have gone up by 24.83% per year. This was faster than the Electronics & Computer Distribution industry average of 7.54%.
Last year, AVT revenue was $23.03B. During the last five year, AVT's revenue has gone up by 3.85% per year. This was slower than the Electronics & Computer Distribution industry average of 7.18%.
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.
Jay David Youngblood, SVP Chief Digital Officer of AVT, was the latest AVT insider to buy. They bought $149,848.48 worth of AVT shares on Oct 21, 2024.
Research more about who owns AVT shares here.
Does AVT provide a stable income stream?
Avnet pays a dividend of 2.32%, compared to the Electronics & Computer Distribution industry's average dividend yield of 2.42%. If you owned $1,000 worth of AVT stock, you would have been paid $23.16 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.
Click below to find out what other community members have to say.
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.
If you require more assistance buying stocks on eToro, watch the how to video below:
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:
- Decide where to buy Avnet stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Avnet stock
- Make your AVT trade
- Monitor your AVT investment
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Avnet, add AVT to your watchlist by clicking the button below.
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