Amphenol (NYSE:APH - Get Free Report) had its price objective hoisted by UBS Group from $115.00 to $120.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a "buy" rating on the electronics maker's stock. UBS Group's price objective suggests a potential upside of 14.72% from the stock's current price.
APH has been the topic of a number of other reports. TD Securities boosted their price objective on Amphenol from $63.00 to $70.00 and gave the company a "hold" rating in a research note on Thursday, May 1st. Fox Advisors upgraded Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price objective on the stock in a research note on Thursday, April 24th. Citigroup boosted their price objective on Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research note on Thursday. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. Finally, Industrial Alliance Securities set a $115.00 price objective on Amphenol in a research note on Friday, July 11th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $102.23.
Check Out Our Latest Research Report on APH
Amphenol Stock Performance
APH stock traded up $3.89 during midday trading on Thursday, hitting $104.60. The company's stock had a trading volume of 8,260,764 shares, compared to its average volume of 8,489,007. The stock has a market cap of $126.53 billion, a price-to-earnings ratio of 50.85, a PEG ratio of 2.05 and a beta of 1.13. The stock's 50-day moving average price is $94.27 and its 200 day moving average price is $77.95. The company has a quick ratio of 1.36, a current ratio of 1.99 and a debt-to-equity ratio of 0.66. Amphenol has a 1 year low of $54.77 and a 1 year high of $108.85.
Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.15. The firm had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a return on equity of 27.68% and a net margin of 15.58%. The business's revenue was up 56.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share. On average, equities analysts forecast that Amphenol will post 2.36 EPS for the current year.
Insider Activity at Amphenol
In other Amphenol news, insider William J. Doherty sold 160,000 shares of Amphenol stock in a transaction on Friday, May 30th. The stock was sold at an average price of $89.54, for a total value of $14,326,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Richard Adam Norwitt sold 2,000,000 shares of Amphenol stock in a transaction on Friday, April 25th. The stock was sold at an average price of $75.73, for a total value of $151,460,000.00. Following the completion of the sale, the chief executive officer directly owned 2,002,507 shares of the company's stock, valued at approximately $151,649,855.11. The trade was a 49.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,764,500 shares of company stock worth $294,839,785 over the last quarter. 1.67% of the stock is currently owned by company insiders.
Institutional Trading of Amphenol
Institutional investors and hedge funds have recently modified their holdings of the business. Opal Wealth Advisors LLC bought a new stake in shares of Amphenol in the 2nd quarter worth $25,000. Hilltop National Bank bought a new stake in shares of Amphenol in the second quarter worth $35,000. Hughes Financial Services LLC bought a new position in Amphenol in the first quarter valued at about $25,000. Avalon Trust Co boosted its position in Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after purchasing an additional 232 shares during the last quarter. Finally, N.E.W. Advisory Services LLC purchased a new position in Amphenol in the first quarter worth about $28,000. Institutional investors own 97.01% of the company's stock.
Amphenol Company Profile
(
Get Free Report)
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.
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