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 stock has increased by 26.6% and is now trading at $92.42.
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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.
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TE Connectivity Ltd (NYSE:TEL) announced its earnings results on Wednesday, July, 29th. The electronics maker reported $0.59 earnings per share (EPS) for the quarter, beating the 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%. The business's revenue was down 24.8% on a year-over-year basis. During the same period last year, the firm posted $1.50 EPS.
View TE Connectivity's earnings history.

TE Connectivity declared a quarterly dividend on Tuesday, August 4th. Shareholders 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 2.08%. The ex-dividend date is Thursday, August 20th.
View TE Connectivity's dividend history.

TE Connectivity declared that its board has approved a share buyback 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 repurchase up to 5.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

TE Connectivity updated its fourth quarter 2020 Pre-Market earnings guidance on Wednesday, July, 29th. The company provided earnings per share 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 Wall Street analysts have issued 12 month target prices for TE Connectivity's shares. Their forecasts range from $80.00 to $117.00. On average, they expect TE Connectivity's share price to reach $96.15 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price.
View analysts' price targets for TE Connectivity.

Headlines about TEL stock have been trending very positive recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TE Connectivity earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news coverage about the electronics maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.
View the latest news about TE Connectivity.

TE Connectivity saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,070,000 shares, an increase of 8.8% from the July 15th total of 3,740,000 shares. Based on an average daily trading volume, of 1,940,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.2% of the company's stock are sold short.
View TE Connectivity's Current Options Chain.

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), Richardson Electronics (RELL), TESSCO Technologies (TESS), 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), Walt Disney (DIS), AT&T (T), Alibaba Group (BABA), Home Depot (HD), Intel (INTC), Visa (V), JPMorgan Chase & Co. (JPM), Honeywell International (HON) and Bank of America (BAC).

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 institutional and retail investors. Top institutional shareholders include Swiss National Bank (0.40%), Sarasin & Partners LLP (0.23%), Royal London Asset Management Ltd. (0.22%), First Trust Advisors LP (0.22%), New York State Common Retirement Fund (0.20%) and Principal Financial Group Inc. (0.19%). 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 Vigilant Capital Management LLC, Hexavest Inc., Marathon Asset Management LLP, Cambiar Investors LLC, Heritage Wealth Advisors, First Trust Advisors LP, Principal Financial Group Inc., and Fifth Third Bancorp. Company insiders that have sold TE Connectivity company stock in the last year include John S Jenkins, 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 Waverton Investment Management Ltd, Front Barnett Associates LLC, Sarasin & Partners LLP, Strs Ohio, New York State Common Retirement Fund, Rampart Investment Management Company LLC, Rafferty Asset Management LLC, and Swiss National Bank.
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 $92.42.

TE Connectivity has a market capitalization of $30.50 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]