In yesterday’s Wall Street session, Amphenol Corp. (NYSE:APH) shares traded at $80.20, up 0.68% from the previous session.
APH stock price is now -5.07% away from the 50-day moving average and -1.12% away from the 200-day moving average. The market capitalization of the company currently stands at $47.84B.
With the price target of $93, Exane BNP Paribas recently initiated with Outperform rating for Amphenol Corp. (NYSE: APH).
In other news, Gavelle Jean-Luc, President, ISS Division sold 176,186 shares of the company’s stock on Aug 31. The stock was sold for $15,547,023 at an average price of $88.24. Upon completion of the transaction, the President, ISS Division now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 31, President, CS Division Doherty William J sold 50,000 shares of the business’s stock. A total of $4,428,350 was realized by selling the stock at an average price of $88.57. Insiders disposed of 2,835,898 shares of company stock worth roughly $227.44 million over the past 1 year. A total of 0.59% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in APH stock. A new stake in Amphenol Corp. shares was purchased by BALYASNY ASSET MANAGEMENT L.P. during the first quarter worth $75,602,000. CONNECTUS WEALTH, LLC invested $16,587,000 in shares of APH during the first quarter. In the first quarter, DYNAMO INTERNACIONAL GESTAO DE RECURSOS LTDA. acquired a new stake in Amphenol Corp. valued at approximately $16,041,000. GRAND JEAN CAPITAL MANAGEMENT INC acquired a new stake in APH for approximately $14,295,000. JANNEY MONTGOMERY SCOTT LLC purchased a new stake in APH valued at around $11,220,000 in the second quarter. In total, there are 1,373 active investors with 96.46% ownership of the company’s stock.
On Thursday morning Amphenol Corp. (NYSE: APH) stock kicked off with the opening price of $80.55. During the past 12 months, Amphenol Corp. has had a low of $71.41 and a high of $90.28. As of last week, the company has a debt-to-equity ratio of 0.55, a current ratio of 2.33, and a quick ratio of 1.61. According to the stock market information, the enterprise value for the company is $50.07B, which is based on a 25.85 price-to-earnings ratio, a 4.70 price-to-earnings-growth ratio, and a beta of 1.27. The fifty day moving average price for APH is $84.37 and a two-hundred day moving average price translates $81.12 for the stock.
The latest earnings results from Amphenol Corp. (NYSE: APH) was released for Sep, 2023. According to the Electronic Components Company, earnings per share came in at $0.72, beating analysts’ expectations of $0.68 by 0.04. This compares to $0.77 EPS in the same period last year. The net profit margin was 15.41% and return on equity was 26.63% for APH. The company reported revenue of $3.05 billion for the quarter, compared to $3.14 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.64 percent. For the current quarter, analysts expect APH to generate $3.1B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 01/10/2024. Investors who held shares on 12/19/2023 were paid a $0.22 dividend. On an annualized basis, this represents a $0.84 dividend and a 1.05% percent yield. There was an ex-dividend date of 12/18/2023 for this dividend. In terms of dividend payout ratio, APH is presently at 26.44%.
Amphenol Corp.(APH) Company Profile
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems. The company offers connectors and connector systems, including harsh environment data, power, high-speed, fiber optic, and radio frequency interconnect products; busbars and power distribution systems; and other connectors. It also provides value-add products, such as backplane interconnect systems, cable assemblies and harnesses, and cable management products; other products comprising flexible and rigid printed circuit boards, hinges, other mechanical, and production related products. In addition, the company offers consumer device, network infrastructure, and other antennas; coaxial, power, and specialty cables; and sensors and sensor-based products. It sells its products through its sales force, independent representatives, and a network of electronics distributors to original equipment manufacturers, electronic manufacturing services companies, original design manufacturers, and service providers in the automotive, broadband communication, commercial aerospace, industrial, information technology and data communication, military, mobile device, and mobile network markets. Amphenol Corporation was founded in 1932 and is headquartered in Wallingford, Connecticut.
