Amphenol (APH) to Release Quarterly Earnings on Wednesday

Amphenol (NYSE:APH) will post its quarterly earnings results before the market opens on Wednesday, April 24th. Analysts expect Amphenol to post earnings of $0.74 per share for the quarter. Amphenol has set its Q1 guidance at $0.71-0.73 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.05. Amphenol had a return on equity of 23.94% and a net margin of 15.36%. The business had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.16 billion. During the same quarter last year, the business posted $0.78 EPS. The company’s revenue was up 2.7% on a year-over-year basis. On average, analysts expect Amphenol to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Amphenol Stock Up 0.2 %

Shares of APH opened at $112.58 on Wednesday. The company has a market capitalization of $67.72 billion, a price-to-earnings ratio of 36.20, a PEG ratio of 3.23 and a beta of 1.30. Amphenol has a 52 week low of $72.00 and a 52 week high of $119.59. The stock’s 50-day moving average price is $110.51 and its 200-day moving average price is $98.17. The company has a quick ratio of 1.48, a current ratio of 2.17 and a debt-to-equity ratio of 0.47.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Tuesday, March 19th were issued a $0.22 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.88 dividend on an annualized basis and a yield of 0.78%. Amphenol’s payout ratio is 28.30%.

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 170,000 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $103.50, for a total value of $17,595,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider William J. Doherty sold 170,000 shares of Amphenol stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $103.50, for a total transaction of $17,595,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Craig A. Lampo sold 100,000 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $104.67, for a total value of $10,467,000.00. Following the completion of the sale, the chief financial officer now directly owns 147,045 shares of the company’s stock, valued at $15,391,200.15. The disclosure for this sale can be found here. Insiders have sold a total of 305,000 shares of company stock valued at $31,846,050 over the last 90 days. 2.22% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Amphenol by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 73,135,372 shares of the electronics maker’s stock valued at $7,249,909,000 after acquiring an additional 963,213 shares during the last quarter. State Street Corp increased its position in Amphenol by 2.4% during the 1st quarter. State Street Corp now owns 24,794,281 shares of the electronics maker’s stock worth $2,031,342,000 after purchasing an additional 582,081 shares during the period. Moneta Group Investment Advisors LLC boosted its stake in shares of Amphenol by 95,441.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 13,868,807 shares of the electronics maker’s stock valued at $1,055,971,000 after buying an additional 13,854,291 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Amphenol by 2.1% during the 1st quarter. Geode Capital Management LLC now owns 12,243,129 shares of the electronics maker’s stock valued at $998,263,000 after acquiring an additional 257,252 shares during the period. Finally, Morgan Stanley increased its position in shares of Amphenol by 44.1% in the fourth quarter. Morgan Stanley now owns 10,811,475 shares of the electronics maker’s stock valued at $823,186,000 after buying an additional 3,310,939 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on APH. Jefferies Financial Group assumed coverage on shares of Amphenol in a research report on Tuesday, April 9th. They set a “hold” rating and a $125.00 price objective for the company. Evercore ISI boosted their price target on Amphenol from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Monday, March 25th. UBS Group raised their price objective on Amphenol from $118.00 to $135.00 and gave the company a “buy” rating in a report on Tuesday. The Goldman Sachs Group increased their target price on shares of Amphenol from $107.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. Finally, Robert W. Baird raised their target price on Amphenol from $100.00 to $106.00 and gave the stock an “outperform” rating in a research note on Thursday, January 25th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $112.00.

Amphenol 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.