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Jefferies Financial Group Research Analysts Lift Earnings Estimates for Amphenol Co. (NYSE:APH)


Amphenol Co. (NYSE:APH – Get Rating) – Equity analysts at Jefferies Financial Group have raised their estimates of fiscal 2022 earnings per share for shares of Amphenol in a research note published on Thursday, April 28. Jefferies Financial Group analyst D. Kelley now expects the electronics maker to earn $2.82 per share for the year, up from its previous forecast of $2.73. Jefferies Financial Group also released estimates for Amphenol’s fourth-quarter 2022 earnings of $0.75 per share.

Amphenol (NYSE:APH – Get Rating) last issued its quarterly earnings data on Wednesday, April 27th. The electronics maker reported earnings per share (EPS) of $0.67 for the quarter, beating analyst consensus estimates of $0.61 by $0.06. Amphenol had a return on equity of 26.69% and a net margin of 14.73%. The company had revenue of $2.95 billion for the quarter, compared to the consensus estimate of $2.76 billion. In the same period last year, the company reported earnings per share of $0.52. The company’s quarterly revenue increased 24.2% compared to the same quarter last year.

Several other equities research analysts also recently rated the company. Goldman Sachs Group raised its price target on Amphenol to $92.00 from $82.00 and gave the stock a “buy” rating in a report on Monday, January 10. Robert W. Baird reiterated an outperform rating and price target of $85.00 on Amphenol shares in a report on Friday. Cowen downgraded Amphenol from an “outperform” rating to a “market perform” rating and set a price target of $80.00 for the stock. in a report on Friday, January 7th. Citigroup lowered its price target for Amphenol from $100.00 to $90.00 in a research note on Thursday. Finally, Morgan Stanley lowered its target price on Amphenol to $79.00 from $84.00 and suspended the stock on Monday, March 25. Five research analysts have rated the stock with a hold rating and five have rated the company as buy given. According to MarketBeat.com, the stock currently has an average rating of “buy” and a consensus price target of $84.40.

Shares of APH stock opened at $71.50 on Monday. Amphenol has a 1-year low of $64.13 and a 1-year high of $88.45. The company has a leverage ratio of 0.76, a current ratio of 2.55 and a quick ratio of 1.66. The stock’s 50-day simple moving average is $73.83 and the 200-day simple moving average is $78.53. The company has a market cap of $42.72 billion, a P/E of 26.58, a price-to-earnings-to-growth ratio of 2.48 and a beta of 1.26.

Several institutional investors have recently changed their holdings of APH. Montag A & Associates Inc. acquired a new interest in Amphenol for approximately $26,000 during the third quarter. EverSource Wealth Advisors LLC acquired a new interest in Amphenol for approximately $31,000 during the fourth quarter. Riverview Trust Co acquired a new interest in Amphenol for approximately $34,000 during the first quarter. Arlington Partners LLC acquired a new interest in Amphenol for approximately $36,000 during the fourth quarter. Finally, during the first quarter, NuWave Investment Management LLC acquired a $38,000 new interest in shares of Amphenol stock. Institutional investors and hedge funds own 95.24% of the company’s shares.

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 13th. Investors of record were paid a dividend of $0.20 on Tuesday, March 22nd. That equates to an annualized dividend of $0.80 and a yield of 1.12%. The ex-dividend date was Monday March 21st. Amphenol’s RTP is 29.74%.

Amphenol company profile (received rating)

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures and markets electrical, electronic and fiber optic connectors in the United States, China and internationally. It operates through three segments: Harsh Environment Solutions, Communication Solutions, and Connectivity & Sensor Systems.

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Amphenol (NYSE:APH) Earnings History and Estimates



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