Amphenol (APH) Projected to Post Earnings on Wednesday

Amphenol (NYSE:APHGet Free Report) is anticipated to release its earnings data before the market opens on Wednesday, January 22nd. Analysts expect Amphenol to post earnings of $0.50 per share and revenue of $4,051,810.00 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Amphenol (NYSE:APHGet Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The electronics maker reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The firm had revenue of $4.04 billion during the quarter, compared to the consensus estimate of $3.81 billion. Amphenol had a return on equity of 24.68% and a net margin of 15.40%. The company’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share. On average, analysts expect Amphenol to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Amphenol Stock Performance

Shares of APH opened at $69.44 on Tuesday. Amphenol has a 1 year low of $47.76 and a 1 year high of $75.78. The stock has a market capitalization of $83.71 billion, a P/E ratio of 39.91, a P/E/G ratio of 2.01 and a beta of 1.24. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.33 and a current ratio of 1.99. The company’s fifty day moving average is $71.82 and its two-hundred day moving average is $67.75.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.165 per share. The ex-dividend date was Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.95%. Amphenol’s dividend payout ratio (DPR) is 37.93%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on APH shares. Robert W. Baird lifted their price objective on Amphenol from $71.00 to $77.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Citigroup upped their price objective on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday. Bank of America raised their target price on Amphenol from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Truist Financial upped their price target on shares of Amphenol from $76.00 to $82.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Finally, Evercore ISI boosted their price objective on shares of Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $69.79.

Get Our Latest Stock Report on APH

Insider Buying and Selling

In other Amphenol news, CEO Richard Adam Norwitt sold 900,672 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $68.81, for a total value of $61,975,240.32. Following the transaction, the chief executive officer now directly owns 1,934,848 shares in the company, valued at approximately $133,136,890.88. This represents a 31.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Craig A. Lampo sold 150,000 shares of Amphenol stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $68.76, for a total transaction of $10,314,000.00. Following the sale, the chief financial officer now owns 218,116 shares of the company’s stock, valued at approximately $14,997,656.16. This trade represents a 40.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,842,672 shares of company stock worth $128,858,080 in the last ninety days. Insiders own 1.80% of the company’s stock.

About Amphenol

(Get Free Report)

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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Earnings History for Amphenol (NYSE:APH)

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