Amphenol Corporation (NYSE:APH) has been given a consensus recommendation of “Buy” by the thirteen research firms that are presently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $87.90.

A number of research analysts have recently commented on the stock. Morgan Stanley reaffirmed an “equal weight” rating and set a $85.00 price objective on shares of Amphenol in a research note on Wednesday, December 13th. Wells Fargo & Company began coverage on Amphenol in a report on Friday, November 10th. They set an “outperform” rating and a $98.00 target price for the company. SunTrust Banks boosted their target price on Amphenol from $77.00 to $82.00 and gave the stock a “neutral” rating in a report on Thursday, October 26th. Deutsche Bank boosted their target price on Amphenol from $95.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Finally, Stifel Nicolaus boosted their target price on Amphenol from $78.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, October 26th.

Amphenol (APH) traded down $0.10 during midday trading on Monday, hitting $89.13. 1,551,200 shares of the stock were exchanged, compared to its average volume of 1,147,564. Amphenol has a one year low of $66.00 and a one year high of $91.26. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.27 and a current ratio of 3.04. The firm has a market cap of $27,217.92, a P/E ratio of 28.30, a P/E/G ratio of 2.51 and a beta of 0.81.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 25th. The electronics maker reported $0.88 EPS for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.09. Amphenol had a net margin of 14.73% and a return on equity of 25.63%. The company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the prior year, the company posted $0.73 EPS. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. analysts expect that Amphenol will post 3.21 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Monday, December 18th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Friday, December 15th. Amphenol’s dividend payout ratio is presently 24.20%.

In other Amphenol news, VP Jean-Luc Gavelle sold 88,000 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $86.37, for a total value of $7,600,560.00. Following the completion of the transaction, the vice president now owns 48,000 shares in the company, valued at approximately $4,145,760. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Diana G. Reardon sold 503,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $90.73, for a total value of $45,637,190.00. Following the completion of the transaction, the director now owns 260,000 shares of the company’s stock, valued at approximately $23,589,800. The disclosure for this sale can be found here. In the last 90 days, insiders sold 849,000 shares of company stock valued at $75,518,690. 2.51% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dupont Capital Management Corp purchased a new position in shares of Amphenol during the 2nd quarter valued at approximately $109,000. People s United Financial Inc. boosted its stake in shares of Amphenol by 6.8% during the 2nd quarter. People s United Financial Inc. now owns 1,495 shares of the electronics maker’s stock valued at $110,000 after buying an additional 95 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Amphenol by 28.9% during the 2nd quarter. Parallel Advisors LLC now owns 1,746 shares of the electronics maker’s stock valued at $134,000 after buying an additional 391 shares during the last quarter. Acrospire Investment Management LLC purchased a new position in shares of Amphenol during the 2nd quarter valued at approximately $148,000. Finally, Cribstone Capital Management LLC boosted its stake in shares of Amphenol by 123.5% during the 3rd quarter. Cribstone Capital Management LLC now owns 1,900 shares of the electronics maker’s stock valued at $161,000 after buying an additional 1,050 shares during the last quarter. Hedge funds and other institutional investors own 96.67% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Amphenol Corporation (APH) Receives Consensus Rating of “Buy” from Brokerages” was originally reported by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/12/18/amphenol-corporation-aph-receives-consensus-rating-of-buy-from-brokerages.html.

About Amphenol

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.

Analyst Recommendations for Amphenol (NYSE:APH)

Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.