Amphenol Co. (NYSE:APH) has earned a consensus recommendation of “Buy” from the twelve research firms that are covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $90.75.
A number of brokerages recently weighed in on APH. Canaccord Genuity reaffirmed a “hold” rating on shares of Amphenol in a research report on Monday, October 16th. Morgan Stanley raised their price objective on Amphenol from $74.00 to $85.00 and gave the company an “equal weight” rating in a research report on Thursday, October 26th. Wells Fargo & Co began coverage on Amphenol in a research report on Friday, November 10th. They set an “outperform” rating and a $98.00 price objective on the stock. SunTrust Banks raised their price objective on Amphenol from $77.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday, October 26th. Finally, Zacks Investment Research downgraded Amphenol from a “buy” rating to a “hold” rating in a research report on Monday, January 22nd.
In other Amphenol news, Director Diana G. Reardon sold 503,000 shares of the firm’s stock in a transaction dated 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 sale, the director now owns 260,000 shares of the company’s stock, valued at $23,589,800. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Craig A. Lampo sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $89.51, for a total value of $895,100.00. Following the completion of the sale, the chief financial officer now directly owns 35,000 shares of the company’s stock, valued at approximately $3,132,850. The disclosure for this sale can be found here. In the last three months, insiders sold 523,000 shares of company stock valued at $47,452,990. Corporate insiders own 2.51% of the company’s stock.
Shares of Amphenol (APH) traded up $0.26 during mid-day trading on Tuesday, reaching $88.67. The company had a trading volume of 1,676,373 shares, compared to its average volume of 1,492,222. Amphenol has a 12 month low of $67.18 and a 12 month high of $93.62. The company has a market capitalization of $26,640.00, a P/E ratio of 42.64, a P/E/G ratio of 2.68 and a beta of 0.82. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.25 and a current ratio of 2.95.
Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. Amphenol had a return on equity of 26.09% and a net margin of 9.28%. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter last year, the company earned $0.75 earnings per share. The firm’s revenue for the quarter was up 17.7% compared to the same quarter last year. sell-side analysts predict that Amphenol will post 3.45 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 10th. Shareholders of record on Monday, March 19th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend is Friday, March 16th. Amphenol’s dividend payout ratio is presently 37.07%.
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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.
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