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AVT
Stock ticker: NASDAQ
AS OF
Dec 20, 04:59 PM (EDT)
Price
$53.10
Change
+$0.19 (+0.36%)
Capitalization
4.48B

AVT Avnet Forecast, Technical & Fundamental Analysis

a distributor of electronic components, enterprise computing and storage products, and embedded subsystems

AVT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for AVT with price predictions
Dec 20, 2024

AVT in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 17, 2024

AVT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 44 cases where AVT's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AVT advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on AVT as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for AVT turned negative on December 10, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

AVT moved below its 50-day moving average on December 13, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for AVT crossed bearishly below the 50-day moving average on December 17, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AVT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for AVT entered a downward trend on December 02, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.889) is normal, around the industry mean (2.017). P/E Ratio (6.799) is within average values for comparable stocks, (16.614). AVT's Projected Growth (PEG Ratio) (2.445) is slightly higher than the industry average of (1.388). Dividend Yield (0.025) settles around the average of (0.589) among similar stocks. P/S Ratio (0.178) is also within normal values, averaging (1.142).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 46, placing this stock slightly better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AVT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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AVT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

AVT is expected to report earnings to fall 4.77% to 87 cents per share on January 23

Avnet AVT Stock Earnings Reports
Q4'24
Est.
$0.88
Q3'24
Beat
by $0.06
Q2'24
Beat
by $0.27
Q1'24
Missed
by $0.03
Q4'23
Est.
$1.40
The last earnings report on October 30 showed earnings per share of 92 cents, beating the estimate of 86 cents. With 7.93M shares outstanding, the current market capitalization sits at 4.48B.
A.I.Advisor
published Dividends

AVT paid dividends on December 18, 2024

Avnet AVT Stock Dividends
А dividend of $0.33 per share was paid with a record date of December 18, 2024, and an ex-dividend date of December 04, 2024. Read more...
A.I. Advisor
published General Information

General Information

a distributor of electronic components, enterprise computing and storage products, and embedded subsystems

Industry ElectronicsDistributors

Profile
Fundamentals
Details
Industry
Electronics Distributors
Address
2211 South 47th Street
Phone
+1 480 643-2000
Employees
15800
Web
https://www.avnet.com
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AVT and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, AVT has been closely correlated with ARW. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if AVT jumps, then ARW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AVT
1D Price
Change %
AVT100%
+0.30%
ARW - AVT
69%
Closely correlated
-0.58%
CNXN - AVT
55%
Loosely correlated
-2.54%
SNX - AVT
54%
Loosely correlated
-0.50%
SCSC - AVT
53%
Loosely correlated
-3.98%
NSIT - AVT
52%
Loosely correlated
-1.83%
More

Groups containing AVT

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AVT
1D Price
Change %
AVT100%
+0.30%
AVT
(2 stocks)
87%
Closely correlated
-0.14%