NYSE:TELTE Connectivity Stock Price, Forecast & 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. Since then, TEL shares have increased by 7.9% and is now trading at $78.77. 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 29th 2020. View our earnings forecast for TE Connectivity.

TE Connectivity will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

TE Connectivity announced a quarterly dividend on Tuesday, May 5th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.48 per share on Friday, June 5th. This represents a $1.92 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend is Thursday, May 21st. This is a positive change from TE Connectivity's previous quarterly dividend of $0.46. View TE Connectivity's dividend history.

TE Connectivity announced that its Board of Directors has authorized a share repurchase program on Friday, December 14th 2018, which authorizes the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 5.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

TE Connectivity issued an update on its third quarter 2020 Pre-Market earnings guidance on Tuesday, April, 28th. The company provided earnings per share (EPS) 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 brokerages have issued 12-month price targets 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 19.4% from the stock's current price. View analysts' price targets for TE Connectivity.

News coverage about TEL stock has trended neutral this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TE Connectivity earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned 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 stock's share price in the next few days. View the latest news about TE Connectivity.

TE Connectivity saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4,170,000 shares, a decrease of 6.5% from the June 15th total of 4,460,000 shares. Based on an average daily volume of 2,180,000 shares, the short-interest ratio is presently 1.9 days. Approximately 1.3% of the shares of the company 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."

TE Connectivity's stock is owned by many different institutional and retail investors. Top institutional investors include Hexavest Inc. (0.08%), Robecosam AG (0.07%), Envestnet Asset Management Inc. (0.07%), State of Alaska Department of Revenue (0.03%), UNIVEST FINANCIAL Corp (0.02%) and Manning & Napier Group LLC (0.01%). 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., Robecosam AG, State of Alaska Department of Revenue, Carnegie Capital Asset Management LLC, Whittier Trust Co., and Whittier Trust Co. of Nevada Inc.. Company insiders that have sold TE Connectivity company stock in the last year include John S Jenkins, Robert J Ott, Steven T Merkt, Terrence R Curtin, and Thomas J Lynch. View insider buying and selling activity for TE Connectivity.

TEL stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Gradient Investments LLC, UNIVEST FINANCIAL Corp, Manning & Napier Group LLC, Arden Trust Co, Farmers Trust Co., and First Financial Bank Trust Division. 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 $78.77.

TE Connectivity has a market capitalization of $25.98 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]