TE Connectivity Ltd (NYSE: TEL) is 8.69% higher on its value in year-to-date trading and has touched a low of $115.00 and a high of $159.98 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 TEL stock was last observed hovering at around $150.08 in the last trading session, with the day’s gains setting it 2.63%.
Currently trading at $152.71, the stock is 2.57% and 1.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing 1.75% at the moment leaves the stock 7.04% off its SMA200. TEL registered 19.04% gain for a year compared to 6-month gain of 8.51%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 0.87% loss in the last 1 month and extending the period to 3 months gives it a 0.60%, and is 5.22% 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 1.26% over the week and 2.10% over the month.
TE Connectivity Ltd (TEL) has around 90000 employees, a market worth around $46.41B and $15.81B in sales. Current P/E ratio is 13.74 and Fwd P/E is 18.51. Profit margin for the company is 21.94%. Distance from 52-week low is 32.80% and -4.54% from its 52-week high. The company has generated returns on investments over the last 12 months (22.26%).
The EPS is expected to grow by 12.14% this year
1438.0 institutions hold shares in TE Connectivity Ltd (TEL), with institutional investors hold 95.18% of the company’s shares. The shares outstanding are 311.98M, and float is at 303.19M with Short Float at 0.84%. Institutions hold 95.04% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.18 million shares valued at $4.09 billion. The investor’s holdings represent 9.0614 of the TEL Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 22.96 million shares valued at $3.34 billion to account for 7.3839 of the shares outstanding. The other top investors are DODGE & COX which holds 15.81 million shares representing 5.0851 and valued at over $2.3 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 5.0149 of the shares totaling 15.6 million with a market value of $2.27 billion.
TE Connectivity Ltd (TEL) Insider Activity
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 6,149 shares of the company’s common stock on Aug 13 ’24 at a price of $145.56 per share for a total of $0.9 million. Following the sale, the insider now owns 21623.0 shares.
Still, SEC filings show that on Jul 31 ’24, MITTS HEATH A (EVP & Chief Financial Officer) disposed off 59,700 shares at an average price of $154.70 for $9.24 million. The insider now directly holds 38,073 shares of TE Connectivity Ltd (TEL).
