What is Amphenol Corporation (APH) Price Targets?

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Amphenol Corporation (NYSE:APH) saw an upside of 0.67% to close Tuesday at $79.44 after adding $0.53 on the day. The 5-day average trading volume is 2,834,160 shares of the company’s common stock. It has gained $81.40 in the past week and touched a new high 1 time within the past 5 days. An average of 2,114,335 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,159,864.

APH’s 1-month performance is 3.46% or $3.63 on its low of $74.73 reached on 12/28/22. The company’s shares have touched a 52-week low of $61.67 and high of $82.86, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, APH has achieved 4.33% or $3.30 and has reached a new high 7 times. However, the current price is down -4.13% from the 52-week high price.


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Insider Transactions

APH stock investors last saw insider trading activity on Nov 22.Silverman David M (Senior VP, Human Resources) most recently sold 75,000 shares at $80.02 per share on Nov 22. This transaction cost the insider $6,001,522. President, HES Division, WALTER LUC, sold 82,400 shares at a price of $79.82 on Nov 11. Then, on Nov 11, President, CS Division Doherty William J sold 127,000 shares at a price of $79.82 per share. This transaction amounted to $10,137,496.

Valuation Metrics

APH stock has a beta of 1.25. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.78 while the price-to-book (PB) in the most recent quarter is 7.20, with the price to cash flow ratio at 41.90.

Amphenol Corporation’s quick ratio for the period ended September 29 was 1.60, with the current ratio over the same period at 2.40. As well, the company’s long term debt to equity for the quarter ending September 29 was 0.72, while the total debt to equity was 0.72.. In terms of profitability, the gross margin trailing 12 months is 31.70%. The firm’s gross profit as reported stood at $3.4 billion against revenue of $10.88 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Amphenol Corporation’s cash and short-term investments amounted to $63.0 million against total debt of $4.75 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 14.12% to $496.6 million, while revenue of $472.5 million was 4.85% off the previous quarter. Analysts expected APH to announce $0.75 per share in earnings in its latest quarter, but it posted $0.8, representing a 6.70% surprise. EBITDA for the quarter stood at more than $783.7 million. APH stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 8.47 billion, with total debt at $4.75 billion. Shareholders hold equity totaling $595.1 million.

Let’s look briefly at Amphenol Corporation (APH) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 55.26% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.38%.

The stock’s 5-day moving average is $78.54, reflecting a -1.55% or -$1.25 change from its current price. APH is currently trading +4.44% above its 20-day SMA, +7.11% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +6.66% and SMA200 by+8.73%.

Stochastic %K and %D was 52.85% and 47.92% and the average true range (ATR) pointed at 1.67. The RSI (14) points at 54.22%, while the 14-day stochastic is at 58.08% with the period’s ATR at 1.67. The stock’s 9-day MACD Oscillator is pointing at -0.68 and -0.23 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Amphenol Corporation (NYSE: APH), Credit Suisse launched coverage with an Outperform rating. Analysts offering their rating for APH stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate APH as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 8 have offered a “buy” rating.

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

Analysts have a consensus price target ranging from a low of $75.00 and a high of $97.00, with their median price target at $89.00. Looking at these predictions, the average price target given by analysts is for Amphenol Corporation (APH) stock is $87.79.

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