Avnet, Inc.

Last price update: 10 Dec 24 23:00 GMT

Price:
$53.71
Open:
$54.57
Previous close:
$54.75
Day's range:
$53.13 - $54.57
Year's range:
$43.62 - $59.24
Net Income per Share:
3.84
Price-to-Earnings ratio:
13.99
52-week Price Range:
$54.51
Volume:
$729,352.00
Average volume:
$596,333.00

Company profile for Avnet, Inc.

Avnet, Inc. logo

Avnet, Inc. is a global technology solutions provider that markets, sells, and distributes electronic components. Avnet was founded in 1921 and is headquartered in Phoenix, Arizona. The company operates two distinct business segments - Electronic Components and Farnell - and serves customers globally, through its operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

The Electronic Components segment of Avnet provides customers with design chain support, engineering and technical resources, and supply chain solutions. These solutions offer design, integration and assembly of embedded products, systems, and solutions for industrial applications, as well as for intelligent and innovative embedded display solutions such as touch and passive displays. This segment of Avnet also develops and manufactures standard board and industrial subsystems and application-specific devices which allow production tailored to customers’ individual needs.

The Farnell segment of Avnet provides engineers and entrepreneurs with kits, tools, electronic and industrial automation components and test and measurement products.

Avnet continues to expand its portfolio of services and solutions, and is currently the world’s largest franchised distributor of electronic components and systems solutions, providing support for technology solutions from inception to end-of-life. Its Avnet Integrated division combines original design manufacturing (ODM) and components into integrated products, while its Avnet Engineering Services division provides highly-specialised engineering services.

Avnet has expanded its services to provide more complete technology solutions, offering design services, assembly and integration, product engineering, supply chain management, hardware and software redesign, life-cycle services, and end-of-life services. This comprehensive service offering has been instrumental in enabling its customers to remain competitive in their industry.

Avnet is consistently recognised for its excellence in customer service, product availability and quality, with awards and recognition from suppliers, customers, and its peers. In 2020 the company was awarded with the Dell Technologies’ Partner of the Year for EMEA, and the Oracle EMEA Partner of the Year for Cloud Platform and Infrastructure. Additionally Avnet has been recognised as a “Global Distributor of the Year” in 2019, by Mouser Electronics and by TTI, Inc. as the “2018 Distributor of the Year”. Avnet also earned the Fraunhofer IIS “Distribution Partner of the Year” award in 2019, as well as the Arrow Electronics’ “Distribution Leadership” award in 2019.

Stock exchanges:
NASDAQ
Sector:
Technology
Industries:
Ticker:
AVT
CIK:
8858
ISIN:
US0538071038
Website:
https://www.avnet.com
Phone:
480 643 2000
Origin:
United States
Employees:
15,300