In yesterday’s Wall Street session, Amphenol Corp (NYSE:APH) shares traded at $72.17, up 3.53% from the previous session.
APH stock price is now 10.33% away from the 50-day moving average and 16.42% away from the 200-day moving average. The market capitalization of the company currently stands at $87.01B.
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With the price target reduced from $80 to $71, BofA Securities Downgraded its rating from Buy to Neutral for Amphenol Corp (NYSE: APH). On July 23, 2024, Vertical Research recently initiated its ‘Hold’ rating on the stock quoting a target price of $65, while ‘Seaport Research Partners’ rates the stock as ‘Buy’
In other news, CRAIG LAMPO, Officer bought 300,000 shares of the company’s stock on Nov 06 ’24. The stock was bought for $21,469,140 at an average price of $71.56. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’24, Officer DAVID SILVERMAN bought 180,000 shares of the business’s stock. A total of $12,926,214 was incurred on buying the stock at an average price of $71.81. A total of 0.54% of the company’s stock is owned by insiders.
During the past 12 months, Amphenol Corp has had a low of $41.96 and a high of $71.20. As of last week, the company has a debt-to-equity ratio of 0.58, a current ratio of 1.99, and a quick ratio of 1.33. According to the stock market information, the enterprise value for the company is $90984185856, which is based on a 41.41 price-to-earnings ratio, a 2.21 price-to-earnings-growth ratio, and a beta of 1.24. The fifty day moving average price for APH is $65.302 and a two-hundred day moving average price translates $61.87385 for the stock.
The latest earnings results from Amphenol Corp (NYSE: APH) was released for 2024-09-30. The net profit margin was 15.40% and return on equity was 25.33% for APH. The company reported revenue of $4.04 billion for the quarter, compared to $3.2 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 26.24 percent.
