Stocks of Amphenol Corp (NYSE:APH) traded higher last session on Wall Street, up 1.57% to $70.98.
APH stock price is now 5.84% away from the 50-day moving average and 12.76% away from the 200-day moving average. The market capitalization of the company currently stands at $85.57B.
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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, Straub Peter, President, ISS Division sold 132,000 shares of the company’s stock on Nov 08 ’24. The stock was sold for $9,783,272 at an average price of $74.12. Upon completion of the transaction, the President, ISS Division now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 08 ’24, Officer PETER JOHN STRAUB bought 132,000 shares of the business’s stock. A total of $9,783,272 was incurred on buying the stock at an average price of $74.12. 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 $44.51 and a high of $74.70. 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 $88223326208, which is based on a 40.73 price-to-earnings ratio, a 2.17 price-to-earnings-growth ratio, and a beta of 1.24. The fifty day moving average price for APH is $66.8614 and a two-hundred day moving average price translates $62.848873 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.
