Stock of TE Connectivity Ltd (TEL) performance and profitability takes another direction

TE Connectivity Ltd [TEL] stock prices are down -0.67% to $142.02 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TEL shares have lost -1.91% over the last week, with a monthly amount glided 1.84%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

TE Connectivity Ltd [NYSE: TEL] stock has seen the most recent analyst activity on April 09, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $180. Previously, Citigroup started tracking the stock with Neutral rating on January 05, 2024, and set its price target to $146. On December 15, 2023, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $144 on the stock. TD Cowen upgraded its rating to a Outperform and increased its price target to $140 on October 06, 2023. Credit Suisse upgraded its rating to a Outperform and raised its price target to $138 on May 19, 2023. Evercore ISI upgraded its rating to Outperform for this stock on May 05, 2023, and upped its price target to $150. In a note dated February 15, 2023, Stifel downgraded an Hold rating on this stock but restated the target price of $130.

The stock price of TE Connectivity Ltd [TEL] has been fluctuating between $115.00 and $147.98 over the past year. Currently, Wall Street analysts expect the stock to reach $161.17 within the next 12 months. TE Connectivity Ltd [NYSE: TEL] shares were valued at $142.02 at the most recent close of the market. An investor can expect a potential return of 13.48% based on the average TEL price forecast.

Analyzing the TEL fundamentals

The TE Connectivity Ltd [NYSE:TEL] reported sales of 16.02B for trailing twelve months, representing a drop of -0.26%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.28 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.32.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 140.56 points at the first support level, and at 139.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 144.46, and for the 2nd resistance point, it is at 146.90.

Ratios To Look Out For

It’s worth pointing out that TE Connectivity Ltd [NYSE:TEL]’s Current Ratio is 1.86. In addition, the Quick Ratio stands at 1.16 and the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 2.74, the price to book ratio is 3.35 and price to earnings (TTM) ratio is 13.48.

Transactions by insiders

Recent insider trading involved Kroeger Shadrak W, Pres., Industrial Solutions, that happened on Mar 01 ’24 when 5000.0 shares were sold. President, Transportation Sol., MERKT STEVEN T completed a deal on Jan 29 ’24 to sell 99777.0 shares. Meanwhile, Chief Exec. Officer & Director CURTIN TERRENCE R sold 15772.0 shares on Dec 19 ’23.

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