Amphenol Corp. (APH) Stock Up 1.10%: Is It a Good Investment?

At the time of writing, Amphenol Corp. [APH] stock is trading at $128.56, up 1.10%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The APH shares have gain 3.08% over the last week, with a monthly amount glided 14.39%, and seem to be holding up well over a long-time horizon.

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

From an analyst’s perspective:

Amphenol Corp. [NYSE: APH] stock has seen the most recent analyst activity on April 09, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $125. Previously, Citigroup started tracking the stock with Buy rating on January 05, 2024, and set its price target to $117. On October 05, 2023, Exane BNP Paribas initiated with a Outperform rating and assigned a price target of $93 on the stock. Credit Suisse downgraded its rating to a Neutral and decreased its price target to $77 on May 19, 2023. Credit Suisse initiated its recommendation with a Outperform and recommended $93 as its price target on December 13, 2022. Jefferies downgraded its rating to Hold for this stock on November 22, 2022, and upped its price target to $88. In a note dated July 14, 2022, JP Morgan upgraded an Overweight rating on this stock but restated the target price of $83.

For the past year, the stock price of Amphenol Corp. fluctuated between $72.77 and $128.63. Currently, Wall Street analysts expect the stock to reach $108.3 within the next 12 months. Amphenol Corp. [NYSE: APH] shares were valued at $128.56 at the most recent close of the market. An investor can expect a potential drop of -15.76% based on the average APH price forecast.

Analyzing the APH fundamentals

According to Amphenol Corp. [NYSE:APH], the company’s sales were 12.84B for trailing twelve months, which represents an 9.49% jump. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.25 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.5.

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 127.32 points at the first support level, and at 126.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 129.24, and for the 2nd resistance point, it is at 129.92.

Amphenol Corp. [APH] reported earnings per share of $0.8 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.73/share, meaning a difference of $0.07 and a surprise factor of 9.60%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $0.82 per share as compared to estimates of $0.77 per share, a difference of $0.05 representing a surprise of 6.50%.

Ratios To Look Out For

It is important to note that Amphenol Corp. [NYSE:APH] has a current ratio of 2.06. As well, the Quick Ratio is 1.43, while the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 6.01, the price to book ratio is 8.90 and price to earnings (TTM) ratio is 39.29.

Transactions by insiders

Recent insider trading involved Straub Peter, President, ISS Division, that happened on Mar 06 ’24 when 20000.0 shares were sold. SR VP & CFO, Lampo Craig A completed a deal on Feb 08 ’24 to sell 100000.0 shares. Meanwhile, Sr. VP, Secretary & GenCounsel D’AMICO LANCE E sold 15000.0 shares on Feb 08 ’24.

Related Posts