Home  »  Finance   »  TE Connectivity Ltd. (TEL) – Don’t Be ...

TE Connectivity Ltd. (TEL) – Don’t Be So Quick to Call it Dead

TE Connectivity Ltd. (NYSE: TEL) is -21.12% lower on its value in year-to-date trading and has touched a low of $104.76 and a high of $165.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TEL stock was last observed hovering at around $126.57 in the last trading session, with the day’s gains setting it 0.69%.

Currently trading at $127.26, the stock is 5.04% and 8.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.67 million and changing 0.55% at the moment leaves the stock 1.61% off its SMA200. TEL registered -20.83% loss for a year compared to 6-month loss of 3.99%.

China Can't Stop US$0.25 Stock from Mining Ultra-Rare Metal

Here's one little-known company — trading undiscovered below 25-cents per share — that's advancing one of the largest and highest quality REE deposits in all of North America... and the Chinese can't do a damn thing about it! It's early stage... and that's excellent news for individual investors like you who have the foresight to act decisively on an emerging megatrend that's already being measured in the Tens of $Billions.

Simply click here and the name & trading symbol are yours.

Sponsored

The stock witnessed a 8.52% gain in the last 1 month and extending the period to 3 months gives it a -3.89%, and is 1.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.60% over the week and 2.37% over the month.

TE Connectivity Ltd. (TEL) has around 92000 employees, a market worth around $39.84B and $16.28B in sales. Current P/E ratio is 17.04 and Fwd P/E is 16.11. Profit margin for the company is 14.90%. Distance from 52-week low is 21.48% and -23.25% from its 52-week high. The company has generated returns on investments over the last 12 months (16.30%).

TE Connectivity Ltd. (TEL) Analyst Forecasts

TE Connectivity Ltd. is expected to release its quarterly report on 01/25/2023.The EPS is expected to grow by 10.30% this year

TE Connectivity Ltd. (TEL) Top Institutional Holders

The shares outstanding are 320.00M, and float is at 317.50M with Short Float at 0.77%.

TE Connectivity Ltd. (TEL) Insider Activity

A total of 17 insider transactions have happened at TE Connectivity Ltd. (TEL) in the last six months, with sales accounting for 10 and purchases happening 7 times. The most recent transaction is an insider sale by Jenkins John S, the company’s EVP & General Counsel. SEC filings show that Jenkins John S sold 2,674 shares of the company’s common stock on Nov 18 at a price of $125.85 per share for a total of $0.34 million. Following the sale, the insider now owns 16782.0 shares.

TE Connectivity Ltd. disclosed in a document filed with the SEC on Nov 16 that Kroeger Shadrak W (Pres., Industrial Solutions) sold a total of 42,150 shares of the company’s common stock. The trade occurred on Nov 16 and was made at $126.25 per share for $5.32 million. Following the transaction, the insider now directly holds 15595.0 shares of the TEL stock.

Still, SEC filings show that on Nov 08, TALWALKAR ABHIJIT Y (Director) disposed off 1,500 shares at an average price of $116.95 for $0.18 million. The insider now directly holds 8,131 shares of TE Connectivity Ltd. (TEL).

TE Connectivity Ltd. (TEL): Who are the competitors?

The company’s main competitors (and peers) include QUALCOMM Incorporated (QCOM) that is trading -30.83% down over the past 12 months and Intuit Inc. (INTU) that is -40.97% lower over the same period. Texas Instruments Incorporated (TXN) is -7.09% down on the 1-year trading charts.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

Receive Best Stock To Trade Before The Opening Bell

 

 

100% Free. Stop Anytime. No Spam

111365

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.