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. Since then, TEL shares have increased by 7.9% and is now trading at $78.77. 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 29th 2020. View our earnings forecast for TE Connectivity.

TE Connectivity will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

TE Connectivity Ltd (NYSE:TEL) released its quarterly earnings results on Tuesday, April, 28th. The electronics maker reported $1.29 earnings per share for the quarter, topping the 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 net margin of 5.36% and a return on equity of 17.58%. The business's revenue was down 6.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.42 earnings per share. View TE Connectivity's earnings history.

TE Connectivity announced 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 2.44%. 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 of Directors has initiated 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 an indication that the company's management 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 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 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 19.4% from the stock's current price. View analysts' price targets for TE Connectivity.

Press coverage about TEL stock has been trending negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TE Connectivity earned a news impact score of -2.6 on InfoTrie's scale. They also gave media stories about the electronics maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about TE Connectivity.

TE Connectivity saw a decrease in short interest in June. As of June 30th, there was short interest totaling 4,170,000 shares, a decrease of 6.5% from the June 15th total of 4,460,000 shares. Based on an average daily volume of 2,180,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.3% of the company's shares 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 Hexavest Inc. (0.08%), Robecosam AG (0.07%), Envestnet Asset Management Inc. (0.07%), State of Alaska Department of Revenue (0.03%), UNIVEST FINANCIAL Corp (0.02%) and Manning & Napier Group LLC (0.01%). 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 Vigilant Capital Management LLC, Hexavest Inc., Robecosam AG, State of Alaska Department of Revenue, Carnegie Capital Asset Management LLC, Whittier Trust Co., and Whittier Trust Co. of Nevada 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 bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Gradient Investments LLC, UNIVEST FINANCIAL Corp, Manning & Napier Group LLC, Arden Trust Co, Farmers Trust Co., and 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 $78.77.

TE Connectivity has a market capitalization of $25.98 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]