News articles about Amphenol (NYSE:APH) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Amphenol earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news headlines about the electronics maker an impact score of 46.2395485777532 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Amphenol (NYSE:APH) traded down $0.19 during trading hours on Thursday, hitting $88.45. 1,060,547 shares of the stock were exchanged, compared to its average volume of 1,146,156. Amphenol has a 52 week low of $66.00 and a 52 week high of $91.26. The company has a quick ratio of 2.27, a current ratio of 3.04 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $27,114.11, a PE ratio of 28.19, a P/E/G ratio of 2.50 and a beta of 0.81.
Amphenol (NYSE:APH) last posted its earnings results on Wednesday, October 25th. The electronics maker reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $1.74 billion. During the same quarter in the previous year, the company posted $0.73 earnings per share. Amphenol’s quarterly revenue was up 12.5% compared to the same quarter last year. analysts anticipate that Amphenol will post 3.21 earnings per share for the current fiscal year.
APH has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Amphenol from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a research note on Thursday, September 14th. Stifel Nicolaus raised their price target on shares of Amphenol from $78.00 to $85.00 and gave the stock a “hold” rating in a research note on Thursday, October 26th. Deutsche Bank restated a “buy” rating and set a $95.00 price target (up previously from $80.00) on shares of Amphenol in a research note on Thursday, October 5th. SunTrust Banks raised their price target on shares of Amphenol from $77.00 to $82.00 and gave the stock a “neutral” rating in a research note on Thursday, October 26th. Finally, Morgan Stanley raised their price target on shares of Amphenol from $74.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 26th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Amphenol presently has an average rating of “Buy” and a consensus target price of $87.90.
In other news, CEO Richard Adam Norwitt sold 220,000 shares of Amphenol stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $86.10, for a total value of $18,942,000.00. Following the completion of the transaction, the chief executive officer now owns 216,492 shares in the company, valued at $18,639,961.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Diana G. Reardon sold 503,000 shares of Amphenol stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $90.73, for a total transaction 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. Insiders sold 849,000 shares of company stock valued at $75,518,690 in the last quarter. 2.51% of the stock is currently owned by corporate insiders.
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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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