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 (WHO). Since then, TEL shares have 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 analysts' consensus estimates of $1.00 by $0.29. The electronics maker had revenue of $3.20 billion for 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 quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.42 earnings per share. 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 dividend on an annualized basis and a dividend yield of 2.27%. 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 of Directors has initiated a stock repurchase program 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 reacquire up to 5.9% of its stock through open market purchases. Stock repurchase programs are typically 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 brokers have issued twelve-month target prices for TE Connectivity's stock. Their forecasts range from $74.00 to $117.00. On average, they anticipate TE Connectivity's share price to reach $93.90 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View analysts' price targets for TE Connectivity.

Media stories about TEL stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by reviewing 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 closest to five being the most favorable. TE Connectivity earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave news articles 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 stock's share price in the next few days. View the latest news aboutTE Connectivity.

TE Connectivity saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,270,000 shares, a decrease of 5.9% from the April 30th total of 4,540,000 shares. Based on an average daily trading volume, of 2,420,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.3% of the shares of the company 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 a variety of retail and institutional 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 purchased 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]