Amphenol Corporation (NYSE:APH) finished Friday with an addition of $0.76 to close at $86.30, an upside of 0.89 percent. An average of 1,744,180 shares of common stock have been traded in the last five days. There was a gain of $1.07 in the past week, and it reached a new high 14 times over the past 12 months. The last 20 days have seen an average of 1,989,925 shares traded, while the 50-day average volume stands at 2,278,336.
APH stock has decreased by -2.78% in the last month. The company shares reached their 1-month lowest point of $84.43 on 08/18/23. With the stock rallying to its 52-week high on 07/27/23, shares of the company touched a low of $65.21 and a high of $90.28 in 52 weeks. It has reached a new high 16 times so far this year and achieved 13.34% or $10.16 in price. In spite of this, the price is down -4.41% from the 52-week high.
Insider Transactions
APH stock investors should be aware that Amphenol Corporation (APH) stock had its last reported insider trading activity 29 days ago on Jul 28. In this transaction, the insider spent $56,831,710. SR VP & CFO, Lampo Craig A, disposed of 300,000 shares at a price of $88.11 on Jul 28. The insider now owns more than $26,431,530 worth of shares. Prior to that, President, HES Division WALTER LUC went on to Sale 264,962 shares at $87.32 each on Jul 28. An amount of $23,135,687 was transacted.
Valuation Metrics
Amphenol Corporation (APH) has a trailing price-to-earnings (P/E) ratio of 28.07. The stock’s beta is 1.24. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.10, the price-to-book (PB) ratio at 6.83, and the price-to-cash flow ratio at 26.55.
Financial Health
The quick ratio of Amphenol Corporation for the three months ended June 29 was 1.60, and the current ratio was 2.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.53 and a total debt to equity ratio of 0.57 for the quarter ending June 29. Its gross profit as reported stood at $4.03 billion compared to revenue of $12.62 billion.
Earnings Surprise
For the three-month period that ended June 29, Amphenol Corporation had $3.97 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 $460.5 million in the quarter, while revenues of $439.2 million were shrunk -2.61%. The analyst consensus anticipated Amphenol Corporation’s latest quarter earnings to come in at $0.68 per share, but it turned out to be $0.72, a 5.90% surprise. For the quarter, EBITDA amounted to $714.0 million. Shareholders own equity worth $596.45 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 25 August was 49.37%, suggesting the stock is Neutral, with historical volatility in this time frame at 10.89%.
As of today, APH’s price is $85.89 +1.26% or $1.07 from its 5-day moving average. APH is currently trading -1.45% lower than its 20-day SMA and +6.25% higher than its 100-day SMA. However, the stock’s current price level is +6.85% above the SMA50 and +13.79% above the SMA200.
The stochastic %K and %D were 33.37% and 30.94%, respectively, and the average true range (ATR) was 1.24. With the 14-day stochastic at 38.12% and the average true range at 1.26, the RSI (14) stands at 51.14%. The stock has reached 0.20 on the 9-day MACD Oscillator while the 14-day reading was at -0.55.
Analyst Ratings
Credit Suisse downgraded Amphenol Corporation (NYSE: APH) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Outperform.
