AVX Corporation (NYSE:AVX) will be announcing its earnings results before the market opens on Wednesday, July 26th. Analysts expect the company to announce earnings of $0.18 per share for the quarter.
AVX Corporation (NYSE:AVX) last posted its quarterly earnings data on Friday, April 28th. The electronics maker reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. The firm had revenue of $329.60 million for the quarter, compared to analysts’ expectations of $328.60 million. AVX Corporation had a return on equity of 5.77% and a net margin of 9.45%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.19 EPS. On average, analysts expect AVX Corporation to post $0.77 EPS for the current fiscal year and $0.73 EPS for the next fiscal year.
AVX Corporation (AVX) opened at 17.76 on Monday. AVX Corporation has a 52-week low of $13.08 and a 52-week high of $18.44. The company has a market cap of $2.99 billion, a PE ratio of 23.68 and a beta of 0.79. The firm’s 50-day moving average price is $16.60 and its 200 day moving average price is $16.31.
The company also recently declared a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Friday, June 16th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Wednesday, June 14th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.48%. AVX Corporation’s dividend payout ratio is presently 59.46%.
A number of brokerages have recently commented on AVX. Zacks Investment Research raised AVX Corporation from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Thursday, July 13th. Stifel Nicolaus upped their price target on AVX Corporation from $15.00 to $16.00 and gave the company a “hold” rating in a research report on Monday, May 1st.
AVX Corporation Company Profile
AVX Corporation (AVX) is a manufacturer and supplier and reseller of a line of passive electronic components, interconnect devices and related products. AVX operates in three segments: Passive Components, Kyocera Electronic Devices (KED Resale) and Interconnect. The Passive Components segment consists of surface mount and leaded ceramic capacitors, surface mount and leaded tantalum capacitors, surface mount and leaded film capacitors, thick and thin film packages of multiple passive integrated components, thermistors, inductors and resistive products.
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