Amphenol Corporation (NYSE: APH) is 3.64% higher on its value in year-to-date trading and has touched a low of $61.67 and a high of $82.86 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The APH stock was last observed hovering at around $78.07 in the last trading session, with the day’s gains setting it 0.84% off its average median price target of $89.00 for the next 12 months. It is also 18.65% off the consensus price target high of $97.00 offered by 18 analysts, but current levels are -5.21% lower than the price target low of $75.00 for the same period.
Currently trading at $78.91, the stock is 1.34% and 0.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.37 million and changing 1.08% at the moment leaves the stock 8.09% off its SMA200. APH registered 1.28% gain for a year compared to 6-month gain of 13.02%.
The stock witnessed a 3.52% loss in the last 1 month and extending the period to 3 months gives it a 14.13%, and is -1.82% down 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 2.18% over the week and 1.84% over the month.
Amphenol Corporation (APH) has around 90000 employees, a market worth around $46.54B and $12.41B in sales. Current P/E ratio is 26.60 and Fwd P/E is 25.71. Profit margin for the company is 15.00%. Distance from 52-week low is 27.96% and -4.77% from its 52-week high. The company has generated returns on investments over the last 12 months (15.30%).
Amphenol Corporation (APH) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Amphenol Corporation (APH) is a “Overweight”. 18 analysts offering their recommendations for the stock have an average rating of 2.20, where 7 rate it as a Hold and 3 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Amphenol Corporation is expected to release its quarterly report on 04/26/2023.The EPS is expected to grow by 28.20% this year.
Amphenol Corporation (APH) Top Institutional Holders
The shares outstanding are 595.30M, and float is at 591.63M with Short Float at 0.99%.
Amphenol Corporation (APH) Insider Activity
A total of 17 insider transactions have happened at Amphenol Corporation (APH) in the last six months, with sales accounting for 9 and purchases happening 8 times. The most recent transaction is an insider sale by Silverman David M,the company’sSenior VP, Human Resources. SEC filings show that Silverman David M sold 75,000 shares of the company’s common stock on Nov 22 at a price of $80.02 per share for a total of $6.0 million. Following the sale, the insider now owns 7000.0 shares.
Amphenol Corporation disclosed in a document filed with the SEC on Nov 11 that WALTER LUC (President, HES Division) sold a total of 82,400 shares of the company’s common stock. The trade occurred on Nov 11 and was made at $79.82 per share for $6.58 million. Following the transaction, the insider now directly holds 0.2 million shares of the APH stock.
Still, SEC filings show that on Nov 11, Doherty William J (President, CS Division) disposed off 127,000 shares at an average price of $79.82 for $10.14 million. The insider now directly holds 0 shares of Amphenol Corporation (APH).
Amphenol Corporation (APH): Who are the competitors?
The company’s main competitors (and peers) include Eaton Corporation plc (ETN) that is trading -1.33% down over the past 12 months and TE Connectivity Ltd. (TEL) that is -18.98% lower over the same period. Enphase Energy Inc. (ENPH) is 69.60% up on the 1-year trading charts.