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 29.8% and is now trading at $94.76.
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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."
View analyst ratings for TE Connectivity.

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) released 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 analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.50 earnings per share.
View TE Connectivity's earnings history.

TE Connectivity declared 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 dividend yield of 2.03%. 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 allows the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 5.9% of its shares through open market purchases. Shares repurchase plans are typically 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 brokerages have issued 1 year price targets for TE Connectivity's shares. 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 twelve months. This suggests a possible upside of 1.5% from the stock's current price.
View analysts' price targets for TE Connectivity.

Media headlines about TEL stock have been trending positive this week, InfoTrie reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TE Connectivity earned a news impact score of 2.4 on InfoTrie's scale. They also gave news stories about the electronics maker a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.
View the latest news about TE Connectivity.

TE Connectivity saw a increase in short interest during the month of 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 trading volume, of 1,570,000 shares, the short-interest ratio is presently 2.9 days. Currently, 1.4% of the company's stock are sold short.
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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.80%), EdgePoint Investment Group Inc. (1.86%), FMR LLC (1.55%), Nordea Investment Management AB (0.76%), Bank of New York Mellon Corp (0.71%) and Goldman Sachs Group Inc. (0.67%). 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., Vanguard Group Inc., Goldman Sachs Group Inc., Vigilant Capital Management LLC, Hexavest Inc., State of Wisconsin Investment Board, Marathon Asset Management LLP, and APG Asset Management N.V.. Company insiders that have sold TE Connectivity company stock in the last year include Eric Resch, 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 bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Waverton Investment Management Ltd, Point72 Asset Management L.P., Balyasny Asset Management LLC, Marshall Wace LLP, Bank of New York Mellon Corp, Front Barnett Associates LLC, and FMR 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 $94.76.

TE Connectivity has a market capitalization of $31.27 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]