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 decreased by 6.9% and is now trading at $67.94. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TE Connectivity in the last year. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for TE Connectivity.

TE Connectivity is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for TE Connectivity.

TE Connectivity Ltd (NYSE:TEL) posted its earnings results on Wednesday, January, 29th. The electronics maker reported $1.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.14 by $0.07. The electronics maker had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.12 billion. TE Connectivity had a net margin of 12.01% and a return on equity of 17.72%. The firm's revenue was down 5.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.29 earnings per share. View TE Connectivity's earnings history.

TE Connectivity announced a quarterly dividend on Tuesday, February 4th. Stockholders of record on Friday, February 21st will be paid a dividend of $0.46 per share on Friday, March 6th. This represents a $1.84 annualized dividend and a yield of 2.71%. The ex-dividend date is Thursday, February 20th. View TE Connectivity's dividend history.

TE Connectivity declared that its board has authorized a stock repurchase program on Friday, December 14th 2018, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 5.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its shares are undervalued.

TE Connectivity issued an update on its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share guidance of $4.95-5.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.13. The company issued revenue guidance of $12.85-13.25 billion, compared to the consensus revenue estimate of $13.04 billion.

12 equities research analysts have issued 1 year price targets for TE Connectivity's stock. Their forecasts range from $74.00 to $117.00. On average, they anticipate TE Connectivity's stock price to reach $97.15 in the next year. This suggests a possible upside of 43.0% from the stock's current price. View analysts' price targets for TE Connectivity.

Press coverage about TEL stock has been trending very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring 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 closest to five being the most favorable. TE Connectivity earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave headlines about the electronics maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutTE Connectivity.

TE Connectivity saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 5,560,000 shares, an increase of 22.2% from the February 13th total of 4,550,000 shares. Based on an average daily trading volume, of 1,720,000 shares, the short-interest ratio is presently 3.2 days. Currently, 1.7% of the company's shares 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other TE Connectivity investors own include NVIDIA (NVDA), Intel (INTC), Walt Disney (DIS), Home Depot (HD), AT&T (T), Alibaba Group (BABA), Honeywell International (HON), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO) and Paypal (PYPL).

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 State of Alaska Department of Revenue (0.03%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%) and First Financial Bank Trust Division (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, Thomas J Lynch and Tim Murphy. View institutional ownership trends for TE Connectivity.

TEL stock was sold by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division. Company insiders that have sold TE Connectivity company stock in the last year include John S Jenkins, Kevin N Rock, Mario Calastri, 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 acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Nelson Van Denburg & Campbell Wealth Management Group LLC. 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 $67.94.

TE Connectivity has a market capitalization of $22.67 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. View additional information about TE Connectivity.

The official website for TE Connectivity is http://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]