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 stock has 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) announced its earnings results on Tuesday, April, 28th. The electronics maker reported $1.29 EPS for the quarter, beating the Zacks' consensus estimate of $1.00 by $0.29. The electronics maker earned $3.20 billion during the quarter, compared to analysts' expectations of $2.94 billion. TE Connectivity had a return on equity of 17.58% and a net margin of 5.36%. TE Connectivity's quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter last year, the business earned $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 given 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 boost from TE Connectivity's previous quarterly dividend of $0.46. View TE Connectivity's dividend history.

TE Connectivity announced that its board has initiated a share repurchase plan on Friday, December 14th 2018, which authorizes the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 5.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its stock is undervalued.

TE Connectivity issued an update on 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.

13 equities research analysts have issued 1-year target prices for TE Connectivity's stock. Their forecasts range from $80.00 to $117.00. On average, they expect TE Connectivity's share price to reach $94.08 in the next year. This suggests a possible upside of 16.3% from the stock's current price. View analysts' price targets for TE Connectivity.

Media headlines about TEL stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TE Connectivity earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the electronics maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about TE Connectivity.

TE Connectivity saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 4,460,000 shares, a drop of 6.1% from the May 31st total of 4,750,000 shares. Based on an average trading volume of 2,520,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.4% of the shares of the stock are sold short. 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 many different retail and institutional investors. Top institutional investors 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 acquired 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]