NYSE:TEL - TE 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 (WHO). Since then, TEL shares have decreased by 14.0% and is now trading at $62.78. View which stocks have been mosted impacted by Coronavirus.

11 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 4 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 Wednesday, April 22nd 2020. View our earnings forecast for TE Connectivity.

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

TE Connectivity declared 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 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend is Thursday, February 20th. View TE Connectivity's dividend history.

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

TE Connectivity updated its FY20 earnings guidance on Wednesday, January, 29th. The company provided EPS guidance of $4.95-5.25 for the period, compared to the Thomson Reuters consensus earnings per share 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.

11 Wall Street analysts have issued 12 month price objectives for TE Connectivity's stock. Their forecasts range from $74.00 to $117.00. On average, they expect TE Connectivity's share price to reach $98.07 in the next twelve months. This suggests a possible upside of 56.2% from the stock's current price. View analysts' price targets for TE Connectivity.

News articles about TEL stock have been trending very negative on Sunday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TE Connectivity earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the electronics maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutTE Connectivity.

TE Connectivity saw a increase in short interest in 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 days-to-cover ratio is presently 3.2 days. Currently, 1.7% 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), TESSCO Technologies (TESS), Richardson Electronics (RELL), 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 number of retail and institutional investors. Top institutional shareholders include State Street Corp (3.85%), Capital World Investors (3.37%), Janus Henderson Group PLC (2.57%), Capital Research Global Investors (1.69%), Boston Partners (1.53%) and FMR LLC (1.33%). 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 AXA, PGGM Investments, Artisan Partners Limited Partnership, FMR LLC, Port Capital LLC, CIBC Private Wealth Group LLC, Robecosam AG, and Robecosam AG. 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 Norges Bank, AQR Capital Management LLC, Madison Asset Management LLC, Capital World Investors, Bank of Montreal Can, Alyeska Investment Group L.P., Massachusetts Financial Services Co. MA, and Renaissance Technologies 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 $62.78.

TE Connectivity has a market capitalization of $20.95 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]