NYSE:TELTE Connectivity Stock Price, Forecast & News

TE Connectivity's stock was trading at $72.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TEL shares have increased by 10.8% and is now trading at $80.88. 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 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 Zacks' consensus estimate of $1.00 by $0.29. The electronics maker earned $3.20 billion during the quarter, compared to the consensus estimate of $2.94 billion. TE Connectivity had a net margin of 5.36% and a return on equity of 17.58%. TE Connectivity's revenue was down 6.4% on a year-over-year basis. During the same period last year, the company posted $1.42 EPS. View TE Connectivity's earnings history.

TE Connectivity declared a quarterly dividend on Tuesday, May 5th. Shareholders 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 yield of 2.37%. 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 declared that its board has approved a share buyback program on Friday, December 14th 2018, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 5.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its stock is undervalued.

TE Connectivity updated 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 brokers have issued 12 month price objectives for TE Connectivity's shares. 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 16.3% from the stock's current price. View analysts' price targets for TE Connectivity.

News stories about TEL stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 0.8 on InfoTrie's scale. They also assigned headlines about the electronics maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news about TE Connectivity.

TE Connectivity saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 4,460,000 shares, a decrease of 6.1% from the May 31st total of 4,750,000 shares. Based on an average daily volume of 2,520,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.4% 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), 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 retail and institutional investors. Top institutional shareholders include 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 and Thomas J Lynch. View institutional ownership trends for TE Connectivity.

TEL stock was bought by a variety of institutional investors in the last quarter, including 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 $80.88.

TE Connectivity has a market capitalization of $26.68 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]