Amphenol (APH) Issues Q4 Earnings Guidance

Amphenol (NYSE:APH) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.96-0.98 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.95. The company issued revenue guidance of $2.063-2.103 billion, compared to the consensus revenue estimate of $2.04 billion.Amphenol also updated its FY 2018 guidance to $3.57-3.61 EPS.

NYSE APH traded up $1.11 on Friday, reaching $87.16. The company had a trading volume of 978,764 shares, compared to its average volume of 1,327,093. The company has a market capitalization of $24.85 billion, a price-to-earnings ratio of 27.94, a PEG ratio of 1.92 and a beta of 0.88. Amphenol has a fifty-two week low of $80.42 and a fifty-two week high of $97.56. The company has a quick ratio of 1.22, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 24th. The electronics maker reported $0.99 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.93 by $0.06. The business had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.02 billion. Amphenol had a return on equity of 27.49% and a net margin of 9.49%. Amphenol’s quarterly revenue was up 15.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.83 earnings per share. Research analysts expect that Amphenol will post 3.63 earnings per share for the current fiscal year.



The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 10th. Investors of record on Monday, September 17th were issued a $0.23 dividend. The ex-dividend date was Friday, September 14th. This represents a $0.92 dividend on an annualized basis and a yield of 1.06%. Amphenol’s payout ratio is 29.49%.

A number of analysts recently weighed in on APH shares. Morgan Stanley upgraded Amphenol from an equal weight rating to an overweight rating and increased their price objective for the company from $95.00 to $102.00 in a report on Thursday, August 9th. Goldman Sachs Group raised shares of Amphenol from a neutral rating to a buy rating and set a $108.00 price target on the stock in a research report on Tuesday, October 9th. Zacks Investment Research cut shares of Amphenol from a buy rating to a hold rating in a research report on Tuesday, October 9th. Stifel Nicolaus upped their price target on shares of Amphenol from $90.00 to $92.00 and gave the company a hold rating in a research report on Thursday, July 26th. Finally, ValuEngine cut shares of Amphenol from a buy rating to a hold rating in a research report on Thursday, October 11th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of $97.75.

In other news, VP William J. Doherty sold 19,200 shares of the stock in a transaction dated Wednesday, August 8th. The shares were sold at an average price of $94.57, for a total transaction of $1,815,744.00. Following the transaction, the vice president now owns 8,800 shares of the company’s stock, valued at approximately $832,216. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David M. Silverman sold 7,500 shares of the stock in a transaction dated Thursday, September 6th. The stock was sold at an average price of $95.51, for a total transaction of $716,325.00. Following the transaction, the vice president now directly owns 7,500 shares in the company, valued at approximately $716,325. The disclosure for this sale can be found here. Insiders have sold 230,713 shares of company stock worth $21,570,888 in the last ninety days. Insiders own 2.34% of the company’s stock.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of electrical, electronic, and fiber optic connectors worldwide. It operates through two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment offers connector and connector systems, including fiber optic, harsh environment, high-speed, and radio frequency interconnect products, as well as antennas; power interconnect products, bus bars, and distribution systems; and other connectors.

Further Reading: Analyzing a company’s cash flow statement

Earnings History and Estimates for Amphenol (NYSE:APH)

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