Last $96.62 USD
Change Today -0.25 / -0.26%
Volume 127.6K
AXE On Other Exchanges
Symbol
Exchange
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As of 8:04 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

anixter international inc (AXE) Snapshot

Open
$97.05
Previous Close
$96.87
Day High
$97.05
Day Low
$96.12
52 Week High
02/20/14 - $115.84
52 Week Low
07/24/13 - $74.96
Market Cap
3.2B
Average Volume 10 Days
127.3K
EPS TTM
$6.66
Shares Outstanding
32.7M
EX-Date
12/9/13
P/E TM
14.5x
Dividend
--
Dividend Yield
5.17%
Current Stock Chart for ANIXTER INTERNATIONAL INC (AXE)

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anixter international inc (AXE) Details

Anixter International Inc., together with its subsidiaries, distributes enterprise cabling and security solutions, electrical and electronic wire and cable products, original equipment manufacturer (OEM) supply fasteners, and other small parts. The company operates in Enterprise Cabling and Security Solutions; Electrical and Electronic Wire and Cable; and OEM Supply segments. Its Enterprise Cabling and Security Solutions segment offers copper and fiber optic cable and connectivity, access control, video surveillance, cabinets, power, cable management, voice and networking switches, and other ancillary products to finance, transportation, education, government, healthcare, and retail industries. The company’s Electrical and Electronic Wire and Cable segment provides electrical and electronic wire and cable, shipboard cable, support and supply products, low-voltage cable, instrumentation cable, industrial communication and control products, security cable, connectors, industrial Ethernet switches, and voice and data cable to the industrial and OEM markets. Its OEM Supply segment product offers nuts, bolts, screws, washers, clips, gaskets, brackets, and rivets, as well as other fasteners and small components to OEM customers. The company’s customers include manufacturing, resource extraction, telecommunications, Internet service providers, finance, education, healthcare, transportation, utilities, aerospace and defense, and government, as well as contractors, installers, system integrators, value-added resellers, architects, engineers, and wholesale distributors. Anixter International Inc. distributes its products primarily in North America, Europe, Latin America, and the Asia Pacific. The company, formerly known as Itel Corporation, was founded in 1957 and is headquartered in Glenview, Illinois.

8,200 Employees
Last Reported Date: 02/20/14
Founded in 1957

anixter international inc (AXE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $900.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
Executive Vice President of Operations
Total Annual Compensation: $420.0K
Executive Vice President of Global Enterprise...
Total Annual Compensation: $430.0K
Executive Vice President of Electrical and El...
Total Annual Compensation: $430.0K
Compensation as of Fiscal Year 2013.

anixter international inc (AXE) Key Developments

Anixter International Inc. Provides Financial Guidance for 2014

Anixter International Inc. provided financial guidance for 2014. For 2014, the company is expecting tax rate to be approximately 34% based on estimate of the global mix of income. The company expects to invest approximately $40 million to $45 million in capital projects, including a combination of operational and strategic initiatives.

Anixter International Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended April 4, 2014

Anixter International Inc. reported unaudited consolidated earnings results for the first quarter ended April 4, 2014. Operating income in the current quarter of $85.7 million compared to $81.0 million in the year-ago quarter. The 5.7% increase would have been 9.0% excluding the $2.7 million negative operating income impact of the drop in copper prices year-over-year. Net income was $47.4 million or $1.43 per diluted share compared to $42.5 million or $1.27 per diluted share in the year-ago quarter. Excluding the impact of the two items, adjusted net income for the current quarter was $47.8 million, compared to $42.5 million, an increase of 12.5% from the prior year quarter. Diluted EPS -- Non-GAAP was $1.44 compared to $1.27 for the last year. Net Sales were $1,523.8 million, compared to $1,490.9 million for the last year. Income before income taxes was $64.2 million, compared to $65.4 million for the last year. Income before income taxes -- Non-GAAP was $72.2 million, compared to $65.4 million for the last year. Net cash provided by operating activities was $8.0 million, compared to $51.2 million for the last year. Capital expenditure was $9.0 million, compared to $9.1 million for the last year. The reduction in cash flow is primarily due to the working capital requirements in this year's first quarter associated with an improving sales trend over the course of the quarter versus a softening trend in the year ago quarter.

Anixter International Inc., Annual General Meeting, May 22, 2014

Anixter International Inc., Annual General Meeting, May 22, 2014., at 08:30 Central Standard Time. Location: Two North Riverside Plaza, 24 Floor. Agenda: To elect 11 directors nominated by the Board of Directors; to hold an advisory vote to approve executive compensation; to approve the company's 2014 management incentive plan; to ratify the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year 2014; and to transact such other business as may properly be brought before the meeting or any adjournment or postponement thereof.

 

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AXE

Industry Average

Valuation AXE Industry Range
Price/Earnings 15.6x
Price/Sales 0.5x
Price/Book 3.0x
Price/Cash Flow 15.4x
TEV/Sales 0.4x
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