TE Connectivity plc (TEL) stock hits $152.64: Is it a good time to buy or wait for a dip?

TE Connectivity plc [TEL] stock prices are up 1.17% to $152.64 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TEL shares have gain 3.98% over the last week, with a monthly amount glided 1.09%, 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
Sponsored

From an analyst’s perspective:

TE Connectivity plc [NYSE: TEL] stock has seen the most recent analyst activity on September 05, 2024, when Wolfe Research upgraded its rating to a Outperform. Previously, HSBC Securities downgraded its rating to Hold on July 24, 2024, and kept the price target unchanged to $162. On July 23, 2024, Vertical Research initiated with a Hold rating and assigned a price target of $155 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $180 on April 09, 2024. Citigroup initiated its recommendation with a Neutral and recommended $146 as its price target on January 05, 2024. Wells Fargo started tracking with a Equal Weight rating for this stock on December 15, 2023, and assigned it a price target of $144. In a note dated October 06, 2023, TD Cowen upgraded an Outperform rating on this stock and boosted its target price from $115 to $140.

The stock price of TE Connectivity plc [TEL] has been fluctuating between $115.16 and $159.98 over the past year. Currently, Wall Street analysts expect the stock to reach $159.86 within the next 12 months. TE Connectivity plc [NYSE: TEL] shares were valued at $152.64 at the most recent close of the market. An investor can expect a potential return of 4.73% based on the average TEL price forecast.

Analyzing the TEL fundamentals

The TE Connectivity plc [NYSE:TEL] reported sales of 15.81B for trailing twelve months, representing a drop of -0.48%. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.28 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.

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 150.78 points at the first support level, and at 148.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 153.63, and for the 2nd resistance point, it is at 154.61.

Ratios To Look Out For

It’s worth pointing out that TE Connectivity plc [NYSE:TEL]’s Current Ratio is 1.51. Also, the Quick Ratio is 0.99, while the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 2.93, the price to book ratio is 3.68 and price to earnings (TTM) ratio is 13.74.

Transactions by insiders

Recent insider trading involved Kroeger Shadrak W, Pres., Industrial Solutions, that happened on Sep 03 ’24 when 8750.0 shares were sold. Officer, SHADRAK KROEGER completed a deal on Sep 03 ’24 to buy 8750.0 shares. Meanwhile, EVP & General Counsel Jenkins John S sold 6149.0 shares on Aug 13 ’24.

Related Posts