Amphenol Corp. (APH) stock expected to decline by -18.09%: What’s driving the pessimism?

Currently, Amphenol Corp. [APH] is trading at $136.24, down -0.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The APH shares have gain 3.28% over the last week, with a monthly amount glided 14.48%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Amphenol Corp. [NYSE: APH] stock has seen the most recent analyst activity on May 20, 2024, when Seaport Research Partners initiated its Buy rating and assigned the stock a price target of $150. Previously, Jefferies started tracking the stock with Hold rating on April 09, 2024, and set its price target to $125. On January 05, 2024, Citigroup initiated with a Buy rating and assigned a price target of $117 on the stock. Exane BNP Paribas started tracking the stock assigning a Outperform rating and suggested a price target of $93 on October 05, 2023. Credit Suisse downgraded its rating to a Neutral and reduced its price target to $77 on May 19, 2023. Credit Suisse started tracking with a Outperform rating for this stock on December 13, 2022, and assigned it a price target of $93. In a note dated November 22, 2022, Jefferies downgraded an Hold rating on this stock and boosted its target price from $87 to $88.

This stock has fluctuated between a low of $72.77 and a high of $137.38 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $111.6 within the next 12 months. Amphenol Corp. [NYSE: APH] shares were valued at $136.24 at the most recent close of the market. An investor can expect a potential drop of -18.09% based on the average APH price forecast.

Analyzing the APH fundamentals

Trailing Twelve Months sales for Amphenol Corp. [NYSE:APH] were 12.84B which represents 9.49% growth. 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 135.42 points at the first support level, and at 134.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 137.82, and for the 2nd resistance point, it is at 139.41.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Amphenol Corp. [NYSE:APH] is 2.06. On the other hand, the Quick Ratio is 1.43, and the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 6.37, the price to book ratio is 9.43 and price to earnings (TTM) ratio is 41.64.

Transactions by insiders

Recent insider trading involved WALTER LUC, President, HES Division, that happened on May 23 ’24 when 70000.0 shares were sold. President, HES Division, WALTER LUC completed a deal on May 22 ’24 to sell 0.12 million shares. Meanwhile, President, ISS Division Straub Peter sold 20000.0 shares on Mar 06 ’24.

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