NYSE:TELTE Connectivity Stock Price, Forecast & News

TE Connectivity's stock was trading at $72.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TEL shares have increased by 30.2% and is now trading at $95.04.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TE Connectivity in the last year. There are currently 4 hold ratings and 9 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.
View our earnings forecast for TE Connectivity.

TE Connectivity Ltd (NYSE:TEL) posted its earnings results on Wednesday, July, 29th. The electronics maker reported $0.59 EPS for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.18. The electronics maker earned $2.55 billion during the quarter, compared to the consensus estimate of $2.40 billion. TE Connectivity had a positive return on equity of 15.06% and a negative net margin of 0.81%. The business's revenue was down 24.8% compared to the same quarter last year. During the same period last year, the business earned $1.50 earnings per share.
View TE Connectivity's earnings history.

TE Connectivity announced a quarterly dividend on Tuesday, August 4th. Stockholders 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 annualized dividend and a yield of 2.02%. The ex-dividend date is Thursday, August 20th.
View TE Connectivity's dividend history.

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

TE Connectivity issued an update on 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.

13 analysts have issued 1 year price objectives for TE Connectivity's stock. Their forecasts range from $80.00 to $117.00. On average, they anticipate TE Connectivity's stock price to reach $96.15 in the next year. This suggests a possible upside of 1.2% from the stock's current price.
View analysts' price targets for TE Connectivity.

News headlines about TEL stock have trended extremely negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. TE Connectivity earned a media sentiment score of -4.1 on InfoTrie's scale. They also assigned press coverage about the electronics maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.
View the latest news about TE Connectivity.

TE Connectivity saw a increase in short interest in February. As of February 15th, there was short interest totaling 4,550,000 shares, an increase of 38.3% from the January 31st total of 3,290,000 shares. Based on an average daily volume of 1,570,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.4% of the shares of the stock are short sold.
View TE Connectivity's Short Interest.

Some companies that are related to TE Connectivity include Arrow Electronics (ARW), Avnet (AVT), Ituran Location and Control Ltd. (US) (ITRN), RADA Electronic Ind. (RADA), VOXX International (VOXX), EACO (EACO), TESSCO Technologies (TESS), Richardson Electronics (RELL), 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), Walt Disney (DIS), AT&T (T), Visa (V), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Home Depot (HD), salesforce.com (CRM) and Honeywell International (HON).

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

TE Connectivity's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include EdgePoint Investment Group Inc. (1.86%), Nordea Investment Management AB (0.76%), Bank of New York Mellon Corp (0.71%), Goldman Sachs Group Inc. (0.67%), Swiss National Bank (0.40%) and Rockefeller Capital Management L.P. (0.29%). 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 sold by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., Goldman Sachs Group Inc., Vigilant Capital Management LLC, Hexavest Inc., State of Wisconsin Investment Board, Marathon Asset Management LLP, Cambiar Investors LLC, and Schwartz Investment Counsel Inc.. Company insiders that have sold TE Connectivity company stock in the last year include John S Jenkins, Kevin N Rock, Robert J Ott, Steven T Merkt, and Terrence R Curtin.
View insider buying and selling activity for TE Connectivity.

TEL stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Waverton Investment Management Ltd, Bank of New York Mellon Corp, Front Barnett Associates LLC, Teacher Retirement System of Texas, Healthcare of Ontario Pension Plan Trust Fund, Sarasin & Partners LLP, and Strs Ohio.
View insider buying and selling activity for TE Connectivity.

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 $95.04.

TE Connectivity has a market capitalization of $31.37 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]