AVX stock: buy or sell?

AVX stock price: $21.66 -0.28% At close on March 27th, 2020

Updated on:
March 27th, 2020

2

After climbing for 4 days, Friday AVX remained steady a disappointing -0.28%, closing at $21.66.

AVX Corporation, together with its subsidiaries, manufactures and supplies various passive electronic components, interconnect devices, and related products worldwide.

Should I buy AVX stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with AVX stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is AVX stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't detect any rating for AVX stock for the last 30 days.

AVX stock analysis

Daily outlook

After climbing for 4 sessions, Friday AVX remained constant a disappointing -0.28%, closing at $21.66.

After climbing for 4 days, Friday AVX remained stable a disappointing -0.28%, closing at $21.66. Since SMA100d and SMA200d crossed up on December, AVX price climbed $1.45 per share (7.17%). Since last November when AVX stock price broke up the SMA200d line, it gained $6.70 (44.79%).

AVX stock chart (daily)

Weekly outlook

Shares of AVX closed this week at $21.66 and remained stable a slightly fine 0.42%. By mid February AVX climbed an astounding 5.90% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $21.89 resistance. Since SMA20d and SMA40w crossed up late December 2019, AVX price climbed $1.50 per share (7.44%). Since late November 2019 when AVX stock price broke up the SMA40w line, it gained $7.03 (48.05%).

AVX stock chart (weekly)

AVX stock price history

AVX IPO was on August 15th, 1995 at $9.50 per share1. Since then, AVX stock surged a 128.00%, with an average of 5.30% per year. If you had invested $1,000 in AVX stock in 1995, it would worth $1,280.00 today.

1: Adjusted price after possible price splits or reverse-splits.

AVX stock historical price chart

AVX stock reached 52-week highs on Feb 28th at $21.89, and all-time highs 2000-05-02 with a price of 34.48.

AVX stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price forecast for AVX stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, AVX . Unfortunately, reported EPS is not yet available in our database.
AVX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.19n/a
2017-Q32017-10-250.20.215.0%
2017-Q42018-01-250.180.2222.2%
2018-Q12018-04-250.190.190.0%
2018-Q22018-07-250.180.3383.3%
2018-Q32018-10-240.330.4330.3%
2018-Q42019-01-240.350.4425.7%
2019-Q12019-04-230.39n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2018, last anual turnover report draw an exceptional increase of 14.68% to $1,791.79 million USD. When comparing 2019 vs 2018, similarly, profit margin (that is, the net income divided by revenues) rocketed a 14.86% to 15.17%.

AVX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,410 M-$-64.31 M-4.6%-
2014$1,440 M2.13%$127 M8.8%-297.54%
2015$1,353 M-6.03%$226 M16.7%77.80%
2016$1,196 M-11.65%$102 M8.5%-55.05%
2017$1,313 M9.80%$126 M9.6%23.88%
2018$1,562 M19.03%$4.91 M0.3%-96.10%
2019$1,792 M14.68%$272 M15.2%5,435.91%

Quarterly financial results

AVX reported $438.95 million in sales for 2019-Q1, a -0.78% decline compared to previous quarter. Reported quarter earnings marked $69.48 M with a profit margin of 15.83%. Profit margin remained stable a -0.96% compared to previous quarter when profit margin was 16.79%. When comparing revenues to same quarter last year, AVX sales marked a lame decrease and decreased a -1.72%. Looking back to recent quarterly results, AVX posted 2 positive quarters in a row.
AVX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$331 M-$31 M9.5%-
2017-Q3$354 M7.06%$35 M9.8%10.61%
2017-Q4$432 M21.88%$-93 M-21.6%-367.70%
2018-Q1$447 M3.44%$32 M7.1%-134.14%
2018-Q2$454 M1.68%$56 M12.3%75.87%
2018-Q3$456 M0.49%$72 M15.8%28.78%
2018-Q4$442 M-3.05%$74 M16.8%3.09%
2019-Q1$439 M-0.78%$69 M15.8%-6.48%

AVX ownership

When you are planning to buy a company, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For AVX, 72.09% of all outstanding shares are owned by its staff.

In case of AVX stock, 26.17% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for AVX stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to AVX:

AVX
Market cap$3.7 B
Total shares169.2 M
Float shares47.2 M
  - Institutional holdings (%)26.2%
  - Insider holdings (%)72.1%
Shares in short selling0.0%

AVX summary

Friday, March 27th, 2020
Open$21.73
Close$21.66
Day range$21.60 - $21.74
Previous close$21.72
Session gain-0.28%
Average true range$0.28
50d mov avg$21.06
100d mov avg$19.80
200d mov avg$17.46
Daily pattern
Weekly pattern lb02a

AVX performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared AVX against in the following table:
Stock3m6m12m
AVX 7.17%43.25%28.39%

AVX competitors

Unfortunately, we could not find any public company that could be defined as AVX competitor. This doesn't mean AVX does not have any competitor in the market, it's just we could not detected it.