Amphenol (NYSE:APH) Announces Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Amphenol (NYSE:APH) announced its quarterly earnings data on Wednesday. The electronics maker reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.07, Briefing.com reports. Amphenol had a return on equity of 28.19% and a net margin of 14.15%. The company had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the prior year, the firm earned $1.05 earnings per share. Amphenol’s revenue was down 3.3% compared to the same quarter last year.

Shares of NYSE APH opened at $106.79 on Wednesday. The company has a current ratio of 1.99, a quick ratio of 1.39 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $32.45 billion, a PE ratio of 28.03, a price-to-earnings-growth ratio of 2.87 and a beta of 1.03. The stock’s fifty day simple moving average is $107.37 and its two-hundred day simple moving average is $98.45. Amphenol has a 12-month low of $79.85 and a 12-month high of $110.24.

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.94%. Amphenol’s dividend payout ratio (DPR) is presently 26.53%.

APH has been the topic of several research analyst reports. Royal Bank of Canada initiated coverage on Amphenol in a research note on Tuesday, December 17th. They issued a “sector perform” rating and a $110.00 price objective on the stock. Cross Research cut Amphenol from a “hold” rating to a “sell” rating in a research note on Tuesday. Jefferies Financial Group initiated coverage on Amphenol in a research note on Monday, December 16th. They issued a “buy” rating and a $125.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on Amphenol in a research note on Tuesday, October 22nd. They issued a “neutral” rating and a $104.00 price objective on the stock. Finally, Morgan Stanley increased their price objective on Amphenol from $104.00 to $112.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $107.43.

In other Amphenol news, Director Diana G. Reardon sold 48,000 shares of the stock in a transaction on Friday, October 25th. The stock was sold at an average price of $101.54, for a total transaction of $4,873,920.00. Following the sale, the director now owns 49,592 shares of the company’s stock, valued at approximately $5,035,571.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lance E. D’amico sold 13,500 shares of the stock in a transaction on Friday, October 25th. The shares were sold at an average price of $101.45, for a total value of $1,369,575.00. Following the sale, the vice president now directly owns 17,000 shares in the company, valued at approximately $1,724,650. The disclosure for this sale can be found here. Insiders have sold a total of 595,760 shares of company stock worth $60,558,282 in the last ninety days. Insiders own 2.60% of the company’s stock.

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 for Amphenol (NYSE:APH)

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