Take A Look At Insider Trading For TE Connectivity Ltd. (TEL)

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The stock of TE Connectivity Ltd. (NYSE:TEL) decreased by $0.0 on Wednesday to $126.57, down 0.00 percent. The last five days have seen an average of 1,322,858 shares of common stock traded. 3 times new highs were reached in the current year, with a fall of -$34.49. The average number of shares traded over the last 20 days was 1,937,980, while the average volume over the last 50 days totaled 1,614,036.

TEL stock appreciated 9.60% since last month. On 11/03/22, the company’s shares reached a one-month low of $110.88. The stock touched a high of $165.81 on 01/05/22, after rallying from a low of $104.76 in 52 weeks. The price of TEL stock has declined by -21.55% or -$34.49 this year, reaching a new high 3 times. Still, the stock price is down -23.67% from the 52-week high.


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Insider Transactions

TEL stock investors should be aware that TE Connectivity Ltd. (TEL) stock had its last reported insider trading activity 5 days ago on Nov 18. On Nov 18, EVP & General Counsel Jenkins John S sold 2,674 shares at $125.85 each. This transaction resulted in the insider making $336,516. On Nov 16, Kroeger Shadrak W sold 42,150 shares at a price of US$126.25. After the transaction, the insider now owns 15,595 shares. Director TALWALKAR ABHIJIT Y had earlier sold 1,500 shares on Nov 08 for $116.95 a share. The transaction was completed for $175,432.

Valuation Metrics

TE Connectivity Ltd. (TEL) has a trailing price-to-earnings (P/E) ratio of 16.94. Beta for the stock is 1.31. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.43, the price-to-book (PB) ratio of 3.75, and the price-to-cash flow ratio of 39.04.

Company paid $0.56 per share in dividends, remained unchanged from $0.56 last year. A $0.06 dividend increase was reported on Wednesday March 9 2022.

Financial Health

For the three months ended September 29, TE Connectivity Ltd.’s quick ratio was 1.00, while its current ratio was 1.60, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending September 29 is 0.30, and the total debt to equity ratio is 0.39. As far as profitability goes, gross margin for the trailing twelve months is 32.30% percent. TE Connectivity Ltd.’s operating margin stood at 16.90% for the same period. Based on annual data, it had gross profit of $5.24 billion and revenue of $16.28 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. TEL’s return on assets (ROA) during the last 12 months has been 11.40%. There was a 16.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 22.70%.

Earnings Surprise

According to TE Connectivity Ltd.’s quarterly financial report for the quarter that ended September 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $4.36 billion, while revenues rose by 12.41% to $4.1 billion. It was predicted that TE Connectivity Ltd.’s quarterly earnings would be $1.88, but it ended up being $1.86, beating the consensus by 1.10%. EBITDA was $848.0 million for the quarter. At the end of TE Connectivity Ltd.’s most recent quarter ended September 29, its liabilities totaled 9.98 billion, while its total debt was $4.64 billion. Equity owned by shareholders amounts to $317.23 million.

Technical Picture

Here’s a quick look at TE Connectivity Ltd.’s (TEL) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 63.42%, suggesting the stock is Neutral, with a 19.44% historical volatility rate.

The stochastic %K and %D were 85.09% and 83.60% respectively, while the average true range (ATR) was 3.17. Based on the 14-day stochastic reading of 88.33%, the RSI (14) reading is 60.60%. On the 9-day MACD Oscillator, the stock is at 0.45, and the 14-day reading is at 3.37.

Analyst Ratings

TE Connectivity Ltd. (NYSE: TEL) was downgraded by JP Morgan to a a Neutral rating in its latest research report. The stock was previously rated as a an Overweight. Analysts have assigned TE Connectivity Ltd. (TEL) an Overweight rating. TEL is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 10 others recommend it as a buy.

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

The current consensus forecast for the stock is between $115.00 and $160.00, with a median target price of $133.00. In analyzing these forecasts, the average price target given by analysts for TE Connectivity Ltd. (TEL) is $135.53.

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