Amphenol (NYSE:APH - Get Free Report) updated its fourth quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.48-$0.50 for the period, compared to the consensus EPS estimate of $0.48. The company issued revenue guidance of $3.95-$4.05 billion, compared to the consensus revenue estimate of $3.94 billion.
Amphenol stock opened at $66.85 on Wednesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.32 and a current ratio of 2.02. Amphenol has a one year low of $39.34 and a one year high of $70.84. The company has a market cap of $80.30 billion, a P/E ratio of 41.01, a price-to-earnings-growth ratio of 2.56 and a beta of 1.24. The business has a fifty day moving average of $64.88 and a two-hundred day moving average of $64.44.
Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The electronics maker reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. The company had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3.39 billion. Amphenol had a net margin of 15.69% and a return on equity of 24.08%. The company's revenue for the quarter was up 18.2% on a year-over-year basis. During the same period last year, the firm earned $0.72 EPS. As a group, analysts predict that Amphenol will post 1.76 earnings per share for the current fiscal year.
APH has been the subject of a number of research analyst reports. Bank of America dropped their price target on Amphenol from $71.00 to $70.00 and set a "neutral" rating for the company in a research report on Wednesday, October 9th. Robert W. Baird reduced their price target on shares of Amphenol from $72.00 to $70.00 and set an "outperform" rating on the stock in a report on Thursday, July 25th. Vertical Research initiated coverage on shares of Amphenol in a research note on Tuesday, July 23rd. They set a "hold" rating and a $65.00 price objective for the company. Truist Financial increased their target price on Amphenol from $74.50 to $76.00 and gave the company a "buy" rating in a report on Thursday, July 25th. Finally, UBS Group boosted their price target on Amphenol from $69.00 to $80.00 and gave the stock a "buy" rating in a report on Wednesday, July 10th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $66.50.
View Our Latest Stock Report on Amphenol
In other news, insider William J. Doherty sold 300,000 shares of Amphenol stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $65.83, for a total value of $19,749,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, VP Lance E. D'amico sold 100,000 shares of the company's stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $65.63, for a total value of $6,563,000.00. Following the completion of the sale, the vice president now owns 51,400 shares of the company's stock, valued at $3,373,382. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William J. Doherty sold 300,000 shares of the firm's stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $65.83, for a total value of $19,749,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,516,000 shares of company stock valued at $98,236,640. Company insiders own 1.80% of the company's stock.
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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