Amphenol Co. (NYSE:APH) Receives Average Rating of “Moderate Buy” from Analysts

Amphenol Co. (NYSE:APH) has received a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $80.68.

Several brokerages recently commented on APH. Truist Financial boosted their price target on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. boosted their target price on shares of Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Citigroup upped their target price on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Robert W. Baird boosted their price target on shares of Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research report on Thursday, January 23rd. Finally, The Goldman Sachs Group upped their price objective on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in APH. Blue Trust Inc. lifted its holdings in Amphenol by 208.8% in the fourth quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker’s stock valued at $1,765,000 after buying an additional 18,322 shares during the period. Spire Wealth Management boosted its position in shares of Amphenol by 34.1% in the 4th quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker’s stock worth $6,836,000 after purchasing an additional 25,007 shares during the last quarter. Consolidated Planning Corp grew its stake in shares of Amphenol by 37.0% during the fourth quarter. Consolidated Planning Corp now owns 17,160 shares of the electronics maker’s stock worth $1,192,000 after purchasing an additional 4,631 shares during the period. Pines Wealth Management LLC bought a new stake in Amphenol in the fourth quarter valued at about $553,000. Finally, Kanawha Capital Management LLC lifted its stake in Amphenol by 4.5% in the fourth quarter. Kanawha Capital Management LLC now owns 151,867 shares of the electronics maker’s stock valued at $10,547,000 after buying an additional 6,481 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Down 2.4 %

APH opened at $66.56 on Friday. The company has a market capitalization of $80.66 billion, a P/E ratio of 34.76, a P/E/G ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The firm’s fifty day moving average price is $67.86 and its two-hundred day moving average price is $68.78. Amphenol has a fifty-two week low of $54.72 and a fifty-two week high of $79.39.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. The business had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The firm’s revenue for the quarter was up 29.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.82 earnings per share. On average, analysts anticipate that Amphenol will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s dividend payout ratio is 34.55%.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.