Gerard Fay - Avnet President
| AVT Stock | USD 47.11 0.02 0.04% |
President
Mr. Gerard William Fay is Senior Vice President, President Avnet Electronics Marketing Global of Avnet, Inc., since October 1, 2013. Mr. Fay has served as Senior Vice President and Global President of Avnet Electronics Marketing since 2013. He previously served as Chief Global Logistics and Operations Officer and served as Senior Vice President of Global Strategic Accounts for Avnet United . Mr. Fay joined Avnet in 2005 with the Companys acquisition of electronic components distributor Memec, where he served as President of Memec Americas. since 2013.
| Age | 56 |
| Tenure | 11 years |
| Address | 2211 South 47th Street, Phoenix, AZ, United States, 85034 |
| Phone | 480-643-2000 |
| Web | https://www.avnet.com |
Avnet Management Efficiency
The company has Return on Asset of 0.0549 % which means that on every $100 spent on assets, it made $0.0549 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1419 %, implying that it generated $0.1419 on every 100 dollars invested. Avnet's management efficiency ratios could be used to measure how well Avnet manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.02 in 2024. Return On Capital Employed is likely to drop to 0.03 in 2024. At this time, Avnet's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 15.1 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 311.5 M in 2024.Similar Executives
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Management Performance
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0549 |
Avnet Inc Leadership Team
Elected by the shareholders, the Avnet's board of directors comprises two types of representatives: Avnet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avnet. The board's role is to monitor Avnet's management team and ensure that shareholders' interests are well served. Avnet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avnet's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gerard Fay, Sr. VP, Member of Executive Board and President of Avnet Electronics Marketing | ||
| Oleg Khaykin, Director | ||
| Therese Bassett, Senior Vice President and Chief Strategy and Innovation Officer | ||
| Eric Williams, Vice President - Internet of Things (IoT) for Avnet Worldwide | ||
| Nicole Enright, Vice President - Corporate Human Resources | ||
| Steven Phillips, CIO, Sr. VP and Member of Executive Board | ||
| Philip Gallagher, Sr. VP and Member of Executive Board | ||
| Veronica Biggins, Independent Director | ||
| William Amelio, Director | ||
| Ken Jacobson, Interim CFO, Principal Accounting and Financial Officer. Corporate Controller | ||
| James Lawrence, Independent Director | ||
| Erin Lewin, Senior Vice President General Counsel | ||
| Sean Valcamp, Chief Information Security Officer | ||
| Heather Vana, Director Communications | ||
| Thomas Liguori, CFO and Principal Financial Officer | ||
| LengJin Chan, Senior Officer | ||
| Rodney Adkins, Director | ||
| Ina McGuinness, IR Contact Officer | ||
| Prince Yun, President Pacific | ||
| Kevin Sellers, Vice President - Corporate Marketing & Communications | ||
| Richard Hamada, Chairman of Executive Board, CEO, Chairman of Global Executive Council and Director | ||
| Ken Arnold, Chief VP | ||
| Michael Bradley, Independent Director | ||
| William Schumann, Independent Chairman of the Board | ||
| Gavin Miller, Vice President - Marketing, Avnet Technology Solutions, Americas | ||
| Joseph Burke, Vice Relations | ||
| Jeff Bawol, President - Avnet Technology Solutions, Americas | ||
| Kevin Summers, CIO | ||
| Peter Bartolotta, Senior Vice President and Chief Transformation Officer | ||
| Kevin Moriarty, CFO, Sr. VP, Controller, Assistant Secretary and Member of Executive Board | ||
| Miguel Fernandez, President - Avnet Electronics Marketing, EMEA | ||
| Michael ONeill, General Counsel, Chief Legal Officer | ||
| Rebeca ObregonJimenez, Senior Management | ||
| Max Chan, CIO | ||
| Kerry Clark, Independent Director | ||
| Kenneth Jacobson, Interim CFO, Principal Accounting and Financial Officer. Corporate Controller | ||
| Vincent Keenan, VP & Director - Investor Relations | ||
| Elizabeth McMullen, Senior Operations | ||
| J Biggins, Independent Director | ||
| Ray Robinson, Independent Director | ||
| Roberta Bixhorn, Vice President - Compensation and Benefits | ||
| Michael Buseman, Senior Vice President Chief Global Logistics and Operations Officer | ||
| Brenda Freeman, Director | ||
| Michael McCoy, General VP | ||
| MaryAnn Miller, Chief HR Officer, Sr. VP and Member of Executive Board | ||
| Jo Jenkins, Director | ||
| Steve Gomez, Senior Vice President of Sales, Avnet Electronics Marketing Americas | ||
| Avid Modjtabai, Independent Director | ||
| Jessica Daughetee, Chief Marketing Officer | ||
| Graham McBeth, President - Premier Farnell Plc | ||
| Patrick Zammit, Sr. VP, Member of Executive Board and President of Avnet Technology Solutions - Global | ||
| Ger Purcell, Senior Technology |
Avnet Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Avnet a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0549 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 7.68 B | ||||
| Shares Outstanding | 90.36 M | ||||
| Shares Owned By Insiders | 0.78 % | ||||
| Shares Owned By Institutions | 98.69 % | ||||
| Number Of Shares Shorted | 3.16 M | ||||
| Price To Earning | 5.78 X |
Pair Trading with Avnet
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avnet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avnet will appreciate offsetting losses from the drop in the long position's value.Moving together with Avnet Stock
| 0.88 | ARW | Arrow Electronics Financial Report 2nd of May 2024 | PairCorr |
| 0.8 | SNX | Synnex Financial Report 25th of June 2024 | PairCorr |
Moving against Avnet Stock
| 0.71 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
| 0.61 | G | Genpact Limited Financial Report 8th of May 2024 | PairCorr |
| 0.43 | ZD | Ziff Davis Financial Report 14th of May 2024 | PairCorr |
| 0.41 | ON | ON Semiconductor Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Avnet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avnet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avnet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avnet Inc to buy it.
The correlation of Avnet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avnet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avnet Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avnet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avnet Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Avnet Stock analysis
When running Avnet's price analysis, check to measure Avnet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avnet is operating at the current time. Most of Avnet's value examination focuses on studying past and present price action to predict the probability of Avnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avnet's price. Additionally, you may evaluate how the addition of Avnet to your portfolios can decrease your overall portfolio volatility.
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Is Avnet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avnet. If investors know Avnet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avnet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.51) | Dividend Share 1.2 | Earnings Share 7.25 | Revenue Per Share 280.903 | Quarterly Revenue Growth (0.08) |
The market value of Avnet Inc is measured differently than its book value, which is the value of Avnet that is recorded on the company's balance sheet. Investors also form their own opinion of Avnet's value that differs from its market value or its book value, called intrinsic value, which is Avnet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avnet's market value can be influenced by many factors that don't directly affect Avnet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avnet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avnet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avnet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.