In yesterday’s Wall Street session, Amphenol Corp. (NYSE:APH) shares traded at $115.10, down -0.23% from the previous session.
APH stock price is now 6.80% away from the 50-day moving average and 24.17% away from the 200-day moving average. The market capitalization of the company currently stands at $69.04B.
With the price target of $117, Citigroup recently initiated with Buy rating for Amphenol Corp. (NYSE: APH). On October 05, 2023, Exane BNP Paribas recently initiated its ‘Outperform’ rating on the stock quoting a target price of $93, while ‘Credit Suisse’ rates the stock as ‘Neutral’
In other news, Straub Peter, President, ISS Division sold 20,000 shares of the company’s stock on Mar 06 ’24. The stock was sold for $2,212,800 at an average price of $110.64. 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 Feb 08 ’24, SR VP & CFO Lampo Craig A sold 100,000 shares of the business’s stock. A total of $10,466,690 was realized by selling the stock at an average price of $104.67. This leaves the insider owning 147,045 shares of the company worth $16.92 million. A total of 0.62% of the company’s stock is owned by insiders.
During the past 12 months, Amphenol Corp. has had a low of $72.00 and a high of $119.59. As of last week, the company has a debt-to-equity ratio of 0.56, a current ratio of 2.17, and a quick ratio of 1.48. According to the stock market information, the enterprise value for the company is $71.72B, which is based on a 37.05 price-to-earnings ratio, a 3.94 price-to-earnings-growth ratio, and a beta of 1.31. The fifty day moving average price for APH is $107.77 and a two-hundred day moving average price translates $92.70 for the stock.
The latest earnings results from Amphenol Corp. (NYSE: APH) was released for Dec, 2023. According to the Electronic Components Company, earnings per share came in at $0.82, beating analysts’ expectations of $0.77 by 0.05. This compares to $0.80 EPS in the same period last year. The net profit margin was 15.36% and return on equity was 25.10% for APH. The company reported revenue of $3.33 billion for the quarter, compared to $3.24 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.73 percent. For the current quarter, analysts expect APH to generate $3.09B in revenue.
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.
