Analysts See $1.35 EPS for Anixter International Inc. (AXE)

March 23, 2018 - By Adrian Mccoy

 Analysts See $1.35 EPS for Anixter International Inc. (AXE)
Investors sentiment increased to 1.29 in 2017 Q3. Its up 0.06, from 1.23 in 2017Q2. It is positive, as 18 investors sold Anixter International Inc. shares while 57 reduced holdings. 27 funds opened positions while 70 raised stakes. 26.19 million shares or 0.23% more from 26.13 million shares in 2017Q2 were reported.
Ameritas Invest Prtnrs holds 0.01% in Anixter International Inc. (NYSE:AXE) or 2,505 shares. Affinity Inv Ltd Liability holds 0.03% of its portfolio in Anixter International Inc. (NYSE:AXE) for 3,101 shares. Vident Inv Advisory holds 11,710 shares or 0.05% of its portfolio. Markston International Ltd Liability Co invested 0% in Anixter International Inc. (NYSE:AXE). Vanguard Gp reported 3.05 million shares stake. Tributary Capital Mgmt Lc has 1.64% invested in Anixter International Inc. (NYSE:AXE). Zebra Management Limited Liability Corp stated it has 21,095 shares or 0.58% of all its holdings. Barclays Public has 0% invested in Anixter International Inc. (NYSE:AXE). First State Bank Of Omaha owns 17,640 shares. 48,104 were accumulated by California State Teachers Retirement System. Guggenheim Ltd Liability Corporation holds 0.01% or 44,925 shares in its portfolio. Ny State Teachers Retirement Sys reported 0.01% of its portfolio in Anixter International Inc. (NYSE:AXE). Loomis Sayles & Limited Partnership reported 0% of its portfolio in Anixter International Inc. (NYSE:AXE). D E Shaw And invested in 0.04% or 276,184 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 1,271 shares.

Since October 2, 2017, it had 0 insider buys, and 6 insider sales for $3.02 million activity. Standish William had sold 1,000 shares worth $86,200.

Analysts expect Anixter International Inc. (NYSE:AXE) to report $1.35 EPS on April, 24.They anticipate $0.26 EPS change or 23.85 % from last quarter’s $1.09 EPS. AXE’s profit would be $44.95 million giving it 14.00 P/E if the $1.35 EPS is correct. After having $1.41 EPS previously, Anixter International Inc.’s analysts see -4.26 % EPS growth. The stock decreased 4.42% or $3.5 during the last trading session, reaching $75.6. About 115,408 shares traded. Anixter International Inc. (NYSE:AXE) has risen 37.61% since March 23, 2017 and is uptrending. It has outperformed by 20.91% the S&P500.

Anixter International Inc. (NYSE:AXE) Ratings Coverage

Among 6 analysts covering Anixter (NYSE:AXE), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Anixter had 18 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 3 by Robert W. Baird. The firm has “In-Line” rating by Imperial Capital given on Monday, October 19. The stock of Anixter International Inc. (NYSE:AXE) earned “In-Line” rating by Imperial Capital on Thursday, July 30. Imperial Capital maintained Anixter International Inc. (NYSE:AXE) on Friday, February 19 with “In-Line” rating. The rating was upgraded by Zacks to “Buy” on Monday, September 21. Imperial Capital maintained Anixter International Inc. (NYSE:AXE) on Wednesday, July 27 with “Outperform” rating. The company was downgraded on Thursday, February 2 by Imperial Capital. The stock of Anixter International Inc. (NYSE:AXE) has “Neutral” rating given on Friday, December 2 by Longbow. The firm has “In-Line” rating by Imperial Capital given on Monday, April 25. The firm has “Buy” rating by Longbow given on Thursday, September 10.

Anixter International Inc., through its subsidiaries, distributes enterprise cabling and security solutions, electrical and electronic wire and cable products, and utility power solutions. The company has market cap of $2.52 billion. The Company’s Network & Security Solutions segment offers copper and fiber optic cable and connectivity, access control, video surveillance, intrusion and fire/life safety, cabinets, power, cable management, wireless, professional audio/video, voice and networking switches, and other ancillary products to technology, finance, telecommunications service providers, transportation, education, government, healthcare, and retail industries. It has a 23.55 P/E ratio. The companyÂ’s Electrical and Electronic Solutions segment provides electrical and electronic wires and cables, shipboard cables, support and supply products, low-voltage cables, instrumentation cables, industrial communication and control products, security cables, connectors, industrial Ethernet switches, and voice and data cables to the commercial and industrial, and original equipment maker markets.

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