NYSE:TELTE Connectivity Stock Price, Forecast & News

TE Connectivity's stock was trading at $72.99 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TEL shares have increased by 11.7% and is now trading at $81.55. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TE Connectivity in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TE Connectivity.

TE Connectivity is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for TE Connectivity.

TE Connectivity Ltd (NYSE:TEL) posted its quarterly earnings results on Tuesday, April, 28th. The electronics maker reported $1.29 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.00 by $0.29. The electronics maker earned $3.20 billion during the quarter, compared to analyst estimates of $2.94 billion. TE Connectivity had a net margin of 5.36% and a return on equity of 17.58%. The business's quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.42 earnings per share. View TE Connectivity's earnings history.

TE Connectivity declared a quarterly dividend on Tuesday, May 5th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.48 per share on Friday, June 5th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Thursday, May 21st. This is a boost from TE Connectivity's previous quarterly dividend of $0.46. View TE Connectivity's dividend history.

TE Connectivity declared that its board has initiated a share repurchase plan on Friday, December 14th 2018, which permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 5.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

TE Connectivity updated its third quarter 2020 Pre-Market earnings guidance on Tuesday, April, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.396-2.396 billion, compared to the consensus revenue estimate of $2.68 billion.

13 brokers have issued 12-month price objectives for TE Connectivity's stock. Their forecasts range from $80.00 to $117.00. On average, they anticipate TE Connectivity's share price to reach $94.08 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price. View analysts' price targets for TE Connectivity.

Media headlines about TEL stock have been trending very negative this week, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. TE Connectivity earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the electronics maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about TE Connectivity.

TE Connectivity saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 4,460,000 shares, a decline of 6.1% from the May 31st total of 4,750,000 shares. Based on an average daily volume of 2,520,000 shares, the short-interest ratio is currently 1.8 days. Approximately 1.4% of the company's stock are short sold. 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). View all competitors.

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."

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 $81.55.

TE Connectivity has a market capitalization of $26.90 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]