What Technical Indicators Show About Amphenol Corporation (APH)?

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Amphenol Corporation (NYSE:APH) finished Wednesday with a subtraction of -$0.34 to close at $71.81, a downside of -0.47 percent. An average of 2,501,420 shares of common stock have been traded in the last five days. There was a fall of -$2.12 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 1,777,530 shares traded, while the 50-day average volume stands at 1,748,536.

APH stock has decreased by -7.25% in the last month. The company shares reached their 1-month lowest point of $71.50 on 09/20/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $61.67 and a high of $88.45 in 52 weeks. It has reached a new high 1 time so far this year and lost -17.89% or -$15.65 in price. In spite of this, the price is down -18.81% from the 52-week high.


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Insider Transactions

49 days have passed since Amphenol Corporation (APH) last reported insider trading activity. Gavelle Jean-Luc, who is President, ISS Division, most recently acquired $122,000 shares at $77.44 per share on Aug 04. In this transaction, the insider spent $9,447,643. Sr. VP, Secretary & GenCounsel, D’AMICO LANCE E, disposed of 20,000 shares at a price of $76.87 on Aug 02. The insider now owns more than $1,537,388 worth of shares. Prior to that, Sr. VP, Secretary & GenCounsel D’AMICO LANCE E went on to Sale 20,000 shares at $76.93 each on Jul 29. An amount of $1,538,614 was transacted.

Valuation Metrics

Amphenol Corporation (APH) has a trailing price-to-earnings (P/E) ratio of 25.33. The stock’s beta is 1.26. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.59, the price-to-book (PB) ratio at 6.62, and the price-to-cash flow ratio at 44.32.

The company has a payout ratio of 24.90%. The company’s most recent quarterly dividend payment was $0.20 a share, without any change from last year. Its latest increase dividend $0.0550 reported on Wednesday October 27 2021.

Financial Health

The quick ratio of Amphenol Corporation for the three months ended June 29 was 1.70, and the current ratio was 2.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.75 and a total debt to equity ratio of 0.75 for the quarter ending June 29. Its gross profit as reported stood at $3.4 billion compared to revenue of $10.88 billion.

Earnings Surprise

For the three-month period that ended June 29, Amphenol Corporation had $119.2 million in cash and short-term investments compared to $4.83 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $472.5 million in the quarter, while revenues of $425.7 million were grew 21.74%. The analyst consensus anticipated Amphenol Corporation’s latest quarter earnings to come in at $0.68 per share, but it turned out to be $0.75, a 10.30% surprise. For the quarter, EBITDA amounted to $739.7 million. Shareholders own equity worth $594.83 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Amphenol Corporation (APH) price momentum. RSI 9-day as of the close on 21 September was 32.35%, suggesting the stock is Neutral, with historical volatility in this time frame at 19.14%.

As of today, APH’s price is $72.55 -2.87% or -$2.12 from its 5-day moving average. APH is currently trading -7.34% lower than its 20-day SMA and -2.37% lower than its 100-day SMA. However, the stock’s current price level is +11.54% above the SMA50 and -12.07% below the SMA200.

The stochastic %K and %D were 17.62% and 21.51%, respectively, and the average true range (ATR) was 1.55. With the 14-day stochastic at 6.33% and the average true range at 1.53, the RSI (14) stands at 38.17%. The stock has reached -1.31 on the 9-day MACD Oscillator while the 14-day reading was at -1.28.

Analyst Ratings

JP Morgan upgraded Amphenol Corporation (NYSE: APH) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Amphenol Corporation (APH) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell APH, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 8 others rate it as a “buy”.

What is APH’s price target for the next 12 months?

Analysts predict a range of price targets between $73.00 and $96.00, with a median target of $86.00. Taking a look at these predictions, the average price target given by analysts for Amphenol Corporation (APH) stock is $85.85.

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