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 stock has increased by 15.8% and is now trading at $84.53. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TE Connectivity in the last year. There are currently 6 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, July 22nd 2020. View our earnings forecast for TE Connectivity.

TE Connectivity Ltd (NYSE:TEL) issued its quarterly earnings data on Tuesday, April, 28th. The electronics maker reported $1.29 EPS for the quarter, topping 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 firm's revenue was down 6.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.42 earnings per share. View TE Connectivity's earnings history.

TE Connectivity declared a quarterly dividend on Tuesday, May 5th. Investors 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 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Thursday, May 21st. This is an increase from TE Connectivity's previous quarterly dividend of $0.46. View TE Connectivity's dividend history.

TE Connectivity announced that its board has approved a share buyback plan on Friday, December 14th 2018, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.9% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its shares are 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.

15 equities research analysts have issued 12 month target prices 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 $93.90 in the next year. This suggests a possible upside of 11.1% from the stock's current price. View analysts' price targets for TE Connectivity.

Headlines about TEL stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie scores the sentiment of media 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 negative five to five, with scores nearest to five being the most favorable. TE Connectivity earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave headlines about the electronics maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutTE Connectivity.

TE Connectivity saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 4,270,000 shares, a drop of 5.9% from the April 30th total of 4,540,000 shares. Based on an average trading volume of 2,420,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.3% of the shares of the 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."

TE Connectivity's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.48%), Capital World Investors (4.53%), State Street Corp (3.96%), Clearbridge Investments LLC (2.98%), Janus Henderson Group PLC (2.42%) and EdgePoint Investment Group Inc. (2.18%). 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 Capital Research Global Investors, Invesco Ltd., JPMorgan Chase & Co., Clearbridge Investments LLC, Janus Henderson Group PLC, Fiduciary Management Inc. WI, Nomura Asset Management Co. Ltd., and Waddell & Reed Financial 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 acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Assenagon Asset Management S.A., Third Point LLC, Wellington Management Group LLP, Deutsche Bank AG, Sarasin & Partners LLP, First Pacific Advisors LP, and Cambiar Investors 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 $84.53.

TE Connectivity has a market capitalization of $27.88 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]