Analysts Anticipate Amphenol Co. (NYSE:APH) Will Post Earnings of $0.87 Per Share

Equities research analysts expect Amphenol Co. (NYSE:APH) to post $0.87 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Amphenol’s earnings, with the lowest EPS estimate coming in at $0.86 and the highest estimate coming in at $0.87. Amphenol reported earnings per share of $0.99 during the same quarter last year, which would suggest a negative year over year growth rate of 12.1%. The business is scheduled to announce its next earnings report on Wednesday, October 23rd.

According to Zacks, analysts expect that Amphenol will report full year earnings of $3.59 per share for the current year, with EPS estimates ranging from $3.58 to $3.59. For the next year, analysts anticipate that the company will report earnings of $3.98 per share, with EPS estimates ranging from $3.82 to $4.09. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that follow Amphenol.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, July 24th. The electronics maker reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.01). Amphenol had a net margin of 14.54% and a return on equity of 29.08%. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter last year, the firm earned $0.90 EPS. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year.



APH has been the topic of a number of recent research reports. ValuEngine downgraded Amphenol from a “buy” rating to a “hold” rating in a research note on Wednesday, July 24th. Evercore ISI assumed coverage on Amphenol in a research report on Wednesday, June 5th. They issued an “outperform” rating and a $102.00 price target for the company. Morgan Stanley reduced their price target on Amphenol from $108.00 to $104.00 and set an “overweight” rating for the company in a research report on Thursday, July 25th. Longbow Research cut Amphenol from a “buy” rating to a “neutral” rating and set a $94.30 price target for the company. in a research report on Monday, June 17th. Finally, Wells Fargo & Co reduced their price target on Amphenol from $115.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, July 25th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Amphenol has a consensus rating of “Buy” and an average price target of $104.41.

Large investors have recently made changes to their positions in the business. Chicago Capital LLC lifted its position in shares of Amphenol by 53.6% during the 2nd quarter. Chicago Capital LLC now owns 8,600 shares of the electronics maker’s stock worth $825,000 after purchasing an additional 3,000 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Amphenol by 30.7% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 405,524 shares of the electronics maker’s stock worth $38,388,000 after purchasing an additional 95,189 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of Amphenol by 36.0% during the 1st quarter. Rockefeller Capital Management L.P. now owns 1,058 shares of the electronics maker’s stock worth $99,000 after purchasing an additional 280 shares during the last quarter. Joseph P. Lucia & Associates LLC acquired a new position in shares of Amphenol during the 1st quarter worth about $50,000. Finally, Foster Dykema Cabot & Co. Inc. MA lifted its position in shares of Amphenol by 3.3% during the 1st quarter. Foster Dykema Cabot & Co. Inc. MA now owns 49,640 shares of the electronics maker’s stock worth $4,688,000 after purchasing an additional 1,593 shares during the last quarter. 94.31% of the stock is owned by institutional investors.

NYSE APH traded up $2.15 on Friday, reaching $86.54. The stock had a trading volume of 42,777 shares, compared to its average volume of 1,829,728. The business has a 50 day moving average price of $94.12 and a 200 day moving average price of $94.77. The company has a current ratio of 2.06, a quick ratio of 1.44 and a debt-to-equity ratio of 0.85. Amphenol has a 1 year low of $74.95 and a 1 year high of $105.51. The company has a market capitalization of $26.18 billion, a price-to-earnings ratio of 22.95, a P/E/G ratio of 2.53 and a beta of 1.02.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Tuesday, September 17th will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, September 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.16%. This is a boost from Amphenol’s previous quarterly dividend of $0.23. Amphenol’s payout ratio is currently 24.40%.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets 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, busbars, and distribution systems; and other connectors.

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Earnings History and Estimates for Amphenol (NYSE:APH)

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