As of Friday close, Amphenol Corporation’s (NYSE:APH) stock was down -$0.01, moving down -0.01 percent to $83.33. The average number of shares traded per day over the past five days has been 2,029,260 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.39 fall in that time frame. In the last twenty days, the average volume was 1,980,050, while in the previous 50 days, it was 2,183,550.
Since last month, APH stock retreated -3.51%. Shares of the company fell to $83.20 on 09/22/23, the lowest level in the past month. A 52-week high of $90.28 was reached on 07/27/23 after having rallying from a 52-week low of $65.21. Since the beginning of this year, APH’s stock price has risen by 9.44% or $7.19, and marked a new high 16 times. However, the stock has declined by -7.70% since its 52-week high.
APH stock investors should be aware that Amphenol Corporation (APH) stock had its last reported insider trading activity 23 days ago on Aug 31. Gavelle Jean-Luc, the President, ISS Division of the company, disposed of 176,186 shares for $88.24 on Aug 31. It resulted in a $15,547,023 divestment by the insider. Doherty William J sold 50,000 shares at an average price of $88.57 on Aug 31. The insider now owns 0 shares following the transaction. On Jul 28, President & CEO NORWITT RICHARD ADAM sold 650,000 shares at $87.43 apiece. The transaction was valued at $56,831,710.
Valuation Metrics
Right now, Amphenol Corporation (APH) has a P/E ratio of about 27.11. The stock’s beta is 1.25. Besides these, the trailing price-to-sales (P/S) ratio of 3.99, the price-to-book (PB) ratio of 6.60, and the price-to-cash flow ratio of 25.82 may also be considered.
The latest dividend of $0.21 per share was paid out, remained unchanged from last year’s $0.21. On Tuesday October 25 2022, a $0.01 dividend increase was announced.
Financial Health
In the three months ended June 29, Amphenol Corporation’s quick ratio stood at 1.60, while its current ratio was 2.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.53, and the total debt-to-equity ratio was 0.57. On the profitability front, the trailing twelve-month gross margin is 32.10% percent. In the year ended June 29, EBITDA margin amounted to 23.77%, whereas operating margins totaled 20.40%. Based on annual data, APH earned $4.03 billion in gross profit and brought in $12.62 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 17.60%. Return on equity (ROE) for the past 12 months was 26.80%.
In Amphenol Corporation’s quarter-end financial report for June 29, it reported total debt of $3.97 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. APH’s revenue fell -2.71% to $2.97 billion during the quarter, while net income inched up to $3.05 billion. While analysts expected Amphenol Corporation to report $0.68 quarterly earnings, the actual figure was $0.72 per share, beating the consensus estimate by 5.90%. During the quarter, the company generated $714.0 million in EBITDA. The liabilities of Amphenol Corporation were 7.67 billion at the end of its most recent quarter ended June 29, and its total debt was $4.32 billion. The value of shareholders’ equity is $596.45 million.
Technical Picture
This quick technical analysis looks at Amphenol Corporation’s (APH) price momentum. With a historical volatility rate of 12.28%, the RSI 9-day stood at 23.40% on 22 September.
With respect to its five-day moving average, the current Amphenol Corporation price is down by -2.79% percent or -$2.39. At present, APH shares trade -2.58% below its 20-day simple moving average and +9.01% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.79% below its SMA50 and +4.84% above its SMA200.
Stochastic coefficient K was 1.45% and Stochastic coefficient D was 10.18%, while ATR was 1.20. Given the Stochastic reading of 2.31% for the 14-day period, the RSI (14) reading has been calculated as 31.77%. As of today, the MACD Oscillator reading stands at -1.66, while the 14-day reading stands at -2.20.
Analyst Ratings
Amphenol Corporation downgraded its rating on Amphenol Corporation (NYSE: APH) to a Neutral in a note to investors on May 19, 2023. The analysts firm previously had an Outperform rating on the stock.Amphenol Corporation (APH) has been rated Overweight by analysts. According to 0 brokerage firms, APH is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Amphenol Corporation stock as buy, with 7 recommending it as overweight.
With a median target price of $96.40, the current consensus forecast for the stock is $75.00 – $103.00. Based on these forecasts, analysts predict Amphenol Corporation (APH) will achieve an average price target of $95.49.
