TE Connectivity Stock Forecast, Price & News

TE Connectivity's stock was trading at $72.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TEL stock has increased by 35.0% and is now trading at $98.55.
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14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TE Connectivity in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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TE Connectivity is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
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TE Connectivity Ltd (NYSE:TEL) released its quarterly earnings results on Wednesday, July, 29th. The electronics maker reported $0.59 EPS for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.18. The electronics maker earned $2.55 billion during the quarter, compared to analysts' expectations of $2.40 billion. TE Connectivity had a negative net margin of 0.81% and a positive return on equity of 15.06%. TE Connectivity's revenue was down 24.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.50 earnings per share.
View TE Connectivity's earnings history.

TE Connectivity announced a quarterly dividend on Tuesday, August 4th. Investors of record on Friday, August 21st will be given a dividend of $0.48 per share on Friday, September 4th. This represents a $1.92 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Thursday, August 20th.
View TE Connectivity's dividend history.

TE Connectivity announced that its Board of Directors has authorized a stock repurchase plan on Friday, December 14th 2018, which authorizes the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 5.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

TE Connectivity updated its fourth quarter 2020 Pre-Market earnings guidance on Wednesday, July, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.803-2.803 billion, compared to the consensus revenue estimate of $2.84 billion.

14 brokers have issued 12 month price objectives for TE Connectivity's shares. Their forecasts range from $80.00 to $130.00. On average, they expect TE Connectivity's stock price to reach $99.71 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price.
View analysts' price targets for TE Connectivity.

Some companies that are related to TE Connectivity include Arrow Electronics (ARW), Avnet (AVT), Avnet (AVT), Ituran Location and Control Ltd. (US) (ITRN), RADA Electronic Ind. (RADA), VOXX International (VOXX), EACO (EACO), Richardson Electronics (RELL), TESSCO Technologies (TESS), India Globalization Capital (IGC), Orbital Energy Group (OEG), CUI Global (CUI), Taitron Components (TAIT), Surge Components (SPRS) and Cool (AWSM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other TE Connectivity investors own include NVIDIA (NVDA), Intel (INTC), Home Depot (HD), Bank of America (BAC), AT&T (T), Visa (V), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Honeywell International (HON) and Pfizer (PFE).

TE Connectivity trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEL."

TE Connectivity's stock is owned by many different retail and institutional investors. Top institutional shareholders include Private Trust Co. NA (0.00%). Company insiders that own TE Connectivity stock include Daniel J Phelan, Eric Resch, Heath A Mitts, John S Jenkins, Kevin N Rock, Mario Calastri, Robert J Ott, Steven T Merkt, Terrence R Curtin and Thomas J Lynch.
View institutional ownership trends for TE Connectivity.

TEL stock was acquired by a variety of institutional investors in the last quarter, including Private Trust Co. NA.
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Shares of TEL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TEL stock can currently be purchased for approximately $98.55.

TE Connectivity has a market capitalization of $32.53 billion and generates $13.45 billion in revenue each year. The electronics maker earns $1.84 billion in net income (profit) each year or $5.55 on an earnings per share basis. TE Connectivity employs 78,000 workers across the globe.

The official website for TE Connectivity is www.te.com.

TE Connectivity's mailing address is MUHLENSTRASSE 26, SCHAFFHAUSEN V8, CH-8200. The electronics maker can be reached via phone at 41-0-52-633-6661 or via email at [email protected]