Amphenol (NYSE:APH) updated its FY20 earnings guidance on Wednesday. The company provided earnings per share guidance of $3.76-3.84 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.98. The company issued revenue guidance of $8.24-8.40 billion, compared to the consensus revenue estimate of $8.38 billion.Amphenol also updated its FY 2020
Pre-Market guidance to 3.76-3.84 EPS.
Several research analysts have commented on APH shares. Morgan Stanley lifted their price target on shares of Amphenol from $104.00 to $112.00 and gave the stock an overweight rating in a research note on Wednesday, December 18th. JPMorgan Chase & Co. assumed coverage on shares of Amphenol in a research note on Tuesday, October 22nd. They issued a neutral rating and a $104.00 price objective for the company. Royal Bank of Canada initiated coverage on shares of Amphenol in a research note on Tuesday, December 17th. They issued a sector perform rating and a $110.00 price objective for the company. Jefferies Financial Group assumed coverage on shares of Amphenol in a report on Monday, December 16th. They set a buy rating and a $125.00 target price on the stock. Finally, Cross Research cut shares of Amphenol from a hold rating to a sell rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the stock. Amphenol has an average rating of Hold and an average target price of $107.43.
Shares of APH stock opened at $108.26 on Wednesday. The business has a 50-day moving average of $107.37 and a 200 day moving average of $98.45. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.99 and a quick ratio of 1.39. Amphenol has a 1-year low of $79.85 and a 1-year high of $110.24. The stock has a market capitalization of $32.45 billion, a PE ratio of 28.41, a P/E/G ratio of 2.87 and a beta of 1.03.
Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 23rd. The electronics maker reported $0.95 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.08. Amphenol had a return on equity of 28.19% and a net margin of 14.15%. The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $1.98 billion. During the same period in the previous year, the firm earned $0.99 EPS. The business’s quarterly revenue was down 1.3% on a year-over-year basis. Analysts anticipate that Amphenol will post 3.66 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date was Monday, December 16th. Amphenol’s dividend payout ratio (DPR) is presently 26.53%.
In other Amphenol news, CFO Craig A. Lampo sold 60,000 shares of the stock in a transaction on Friday, October 25th. The shares were sold at an average price of $101.59, for a total transaction of $6,095,400.00. Following the completion of the sale, the chief financial officer now owns 33,500 shares of the company’s stock, valued at approximately $3,403,265. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP William J. Doherty sold 72,334 shares of the stock in a transaction on Monday, October 28th. The shares were sold at an average price of $100.68, for a total transaction of $7,282,587.12. Following the sale, the senior vice president now directly owns 10,400 shares of the company’s stock, valued at approximately $1,047,072. The disclosure for this sale can be found here. Insiders sold 595,760 shares of company stock worth $60,558,282 in the last 90 days. Company insiders own 2.60% of the company’s stock.
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors worldwide. It operates through two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment offers connector and connector systems, including fiber optic, harsh environment, high-speed, and radio frequency interconnect products, as well as antennas; power interconnect products, busbars, and distribution systems; and other connectors.
Further Reading: Quiet Period
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