Amphenol Corporation (NYSE:APH) saw an upside of 0.39% to close Tuesday at $85.80 after adding $0.33 on the day. The 5-day average trading volume is 1,601,760 shares of the company’s common stock. It has gained $86.84 in the past week and touched a new high 1 time within the past 5 days. An average of 2,434,150 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,328,988.
APH’s 1-month performance is 2.64% or $2.18 on its low of $83.15 reached on 07/24/23. The company’s shares have touched a 52-week low of $65.21 and high of $90.28, with the stock’s rally to the 52-week high happening on 07/27/23. YTD, APH has achieved 12.69% or $9.66 and has reached a new high 16 times. However, the current price is down -4.96% from the 52-week high price.
Insider Transactions
APH stock investors last saw insider trading activity on Jul 28.NORWITT RICHARD ADAM (President & CEO) most recently sold 650,000 shares at $87.43 per share on Jul 28. This transaction cost the insider $56,831,710. SR VP & CFO, Lampo Craig A, sold 300,000 shares at a price of $88.11 on Jul 28. Then, on Jul 28, President, HES Division WALTER LUC sold 264,962 shares at a price of $87.32 per share. This transaction amounted to $23,135,687.
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 4.08 while the price-to-book (PB) in the most recent quarter is 6.79, with the price to cash flow ratio at 26.39.
Amphenol Corporation’s quick ratio for the period ended June 29 was 1.60, with the current ratio over the same period at 2.30. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.53, while the total debt to equity was 0.57.. In terms of profitability, the gross margin trailing 12 months is 32.10%. The trailing 12-month EBITDA margin is 23.77% while for the period ending June 29, Amphenol Corporation’s operating margin was 20.40%. The firm’s gross profit as reported stood at $4.03 billion against revenue of $12.62 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -2.61% to $460.5 million, while revenue of $439.2 million was 4.63% off the previous quarter. Analysts expected APH to announce $0.68 per share in earnings in its latest quarter, but it posted $0.72, representing a 5.90% surprise. EBITDA for the quarter stood at more than $714.0 million. APH stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 7.67 billion, with total debt at $4.32 billion. Shareholders hold equity totaling $596.45 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 22 August was 42.05% to suggest the stock is trending Neutral, with historical volatility in this time period at 7.86%.
The stock’s 5-day moving average is $85.55, reflecting a -1.16% or -$1.01 change from its current price. APH is currently trading +1.77% above its 20-day SMA, +7.51% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +9.68% and SMA200 by+15.90%.
Stochastic %K and %D was 21.81% and 15.23% and the average true range (ATR) pointed at 1.17. The RSI (14) points at 47.87%, while the 14-day stochastic is at 27.93% with the period’s ATR at 1.23. The stock’s 9-day MACD Oscillator is pointing at -0.85 and -1.58 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Amphenol Corporation (NYSE: APH), Credit Suisse downgraded it to a Neutral rating. They previously had an Outperform rating on the stock. 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. 1 rates the stock as overweight while 7 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 $103.00, with their median price target at $96.40. Looking at these predictions, the average price target given by analysts is for Amphenol Corporation (APH) stock is $95.49.
