By otakuyassine3@gmail.com 
Shares of Amphenol Co. (NYSE:APH – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the thirteen research firms that are currently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $80.68.
Several research analysts have weighed in on APH shares. The Goldman Sachs Group increased their price target on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Bank of America lifted their price target on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Truist Financial upped their price objective on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. increased their price objective on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Finally, Citigroup boosted their target price on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, January 17th.
View Our Latest Research Report on APH
Amphenol Trading Down 7.7 %
Shares of Amphenol stock opened at $62.66 on Friday. Amphenol has a 12-month low of $54.72 and a 12-month high of $79.39. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The business’s 50 day moving average is $67.13 and its 200-day moving average is $68.81. The stock has a market cap of $75.93 billion, a P/E ratio of 32.72, a P/E/G ratio of 1.92 and a beta of 1.17.
Amphenol (NYSE:APH – Get Free Report) last issued its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.05. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. Amphenol’s revenue was up 29.8% on a year-over-year basis. During the same period last year, the business posted $0.82 EPS. Equities research analysts predict that Amphenol will post 2.36 earnings per share for the current fiscal year.
Amphenol Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.05%. Amphenol’s payout ratio is presently 34.55%.
Hedge Funds Weigh In On Amphenol
Several large investors have recently bought and sold shares of APH. Princeton Global Asset Management LLC lifted its holdings in shares of Amphenol by 0.6% during the fourth quarter. Princeton Global Asset Management LLC now owns 23,532 shares of the electronics maker’s stock worth $1,634,000 after purchasing an additional 136 shares during the period. WASHINGTON TRUST Co raised its position in Amphenol by 23.0% during the 4th quarter. WASHINGTON TRUST Co now owns 787 shares of the electronics maker’s stock worth $55,000 after purchasing an additional 147 shares during the last quarter. MJP Associates Inc. ADV raised its position in Amphenol by 2.3% during the 4th quarter. MJP Associates Inc. ADV now owns 7,324 shares of the electronics maker’s stock worth $509,000 after purchasing an additional 166 shares during the last quarter. Fragasso Financial Advisors Inc lifted its holdings in Amphenol by 4.7% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker’s stock worth $266,000 after buying an additional 171 shares during the period. Finally, Newbridge Financial Services Group Inc. grew its position in shares of Amphenol by 3.3% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 5,483 shares of the electronics maker’s stock valued at $381,000 after buying an additional 173 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.
About Amphenol
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.
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