A share price of TE Connectivity plc [TEL] is currently trading at $153.20, up 0.90%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TEL shares have gain 2.23% over the last week, with a monthly amount glided 2.07%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
TE Connectivity plc [NYSE: TEL] stock has seen the most recent analyst activity on October 31, 2024, when HSBC Securities downgraded its rating to a Reduce but kept the price target unchanged to $137 for it. Previously, Wolfe Research upgraded its rating to Outperform on September 05, 2024. On July 24, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $162 on the stock. Vertical Research started tracking the stock assigning a Hold rating and suggested a price target of $155 on July 23, 2024. Jefferies initiated its recommendation with a Buy and recommended $180 as its price target on April 09, 2024. Citigroup started tracking with a Neutral rating for this stock on January 05, 2024, and assigned it a price target of $146. In a note dated December 15, 2023, Wells Fargo initiated an Equal Weight rating and provided a target price of $144 on this stock.
TE Connectivity plc experienced fluctuations in its stock price throughout the past year between $128.52 and $159.98. Currently, Wall Street analysts expect the stock to reach $148.5 within the next 12 months. TE Connectivity plc [NYSE: TEL] shares were valued at $153.20 at the most recent close of the market. An investor can expect a potential drop of -3.07% based on the average TEL price forecast.
Analyzing the TEL fundamentals
Trailing Twelve Months sales for TE Connectivity plc [NYSE:TEL] were 15.85B which represents 0.82% growth. 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 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.25 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
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 151.83 points at the first support level, and at 150.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 154.04, and for the 2nd resistance point, it is at 154.87.
Ratios To Look Out For
To put it in perspective, the Current Ratio for TE Connectivity plc [NYSE:TEL] is 1.61. As well, the Quick Ratio is 1.08, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 2.89, the price to book ratio is 3.72 and price to earnings (TTM) ratio is 14.92.
Transactions by insiders
Recent insider trading involved MERKT STEVEN T, Officer, that happened on Nov 21 ’24 when 53194.0 shares were purchased. Chief Exec. Officer & Director, CURTIN TERRENCE R completed a deal on Nov 11 ’24 to sell 0.12 million shares. Meanwhile, Officer CURTIN TERRENCE R bought 0.12 million shares on Nov 11 ’24.
