Amphenol Corp. (NYSE:APH) shares traded -2.25% lower at $64.35 on Wall Street last session.
APH stock price is now -4.01% away from the 50-day moving average and 18.71% away from the 200-day moving average. The market capitalization of the company currently stands at $77.30B.
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With the price target of $150, Seaport Research Partners recently initiated with Buy rating for Amphenol Corp. (NYSE: APH). On April 09, 2024, Jefferies recently initiated its ‘Hold’ rating on the stock quoting a target price of $125, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, WALTER LUC, President, HES Division sold 70,000 shares of the company’s stock on May 23 ’24. The stock was sold for $9,497,334 at an average price of $135.68. Upon completion of the transaction, the President, HES Division now directly owns 223,895 shares in the company, valued at $14.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 22 ’24, President, HES Division WALTER LUC sold 115,000 shares of the business’s stock. A total of $15,540,801 was realized by selling the stock at an average price of $135.14. This leaves the insider owning 198,640 shares of the company worth $12.78 million. A total of 0.55% of the company’s stock is owned by insiders.
During the past 12 months, Amphenol Corp. has had a low of $39.34 and a high of $70.84. As of last week, the company has a debt-to-equity ratio of 0.50, a current ratio of 2.06, and a quick ratio of 1.43. According to the stock market information, the enterprise value for the company is $79726731264, which is based on a 39.34 price-to-earnings ratio, a 2.94 price-to-earnings-growth ratio, and a beta of 1.25. The fifty day moving average price for APH is $67.0779 and a two-hundred day moving average price translates $54.321774 for the stock.
The latest earnings results from Amphenol Corp. (NYSE: APH) was released for 2024-03-31. The net profit margin was 15.87% and return on equity was 25.49% for APH. The company reported revenue of $3.26 billion for the quarter, compared to $2.97 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.49 percent.
