Amphenol (NYSE:APH)‘s stock had its “buy” rating reaffirmed by research analysts at Evercore ISI in a research note issued on Thursday, AnalystRatings.com reports. They presently have a $120.00 target price on the electronics maker’s stock. Evercore ISI’s target price suggests a potential upside of 13.95% from the stock’s previous close.

A number of other equities analysts also recently issued reports on APH. Cross Research downgraded shares of Amphenol from a “hold” rating to a “sell” rating in a research note on Tuesday. Morgan Stanley increased their price target on shares of Amphenol from $104.00 to $112.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. JPMorgan Chase & Co. assumed coverage on shares of Amphenol in a research note on Tuesday, October 22nd. They set a “neutral” rating and a $104.00 target price for the company. Jefferies Financial Group assumed coverage on shares of Amphenol in a research note on Monday, December 16th. They set a “buy” rating and a $125.00 target price for the company. Finally, Royal Bank of Canada assumed coverage on shares of Amphenol in a research note on Tuesday, December 17th. They set a “sector perform” rating and a $110.00 target price for the company. One equities research 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 presently has an average rating of “Hold” and an average target price of $109.23.

APH stock traded down $1.32 during trading on Thursday, reaching $105.31. The company had a trading volume of 444,880 shares, compared to its average volume of 754,567. Amphenol has a 52 week low of $79.85 and a 52 week high of $110.24. The company has a market cap of $32.10 billion, a P/E ratio of 27.64, a PEG ratio of 2.83 and a beta of 1.03. The business has a 50 day moving average of $107.46 and a 200 day moving average of $98.48. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.99 and a quick ratio of 1.39.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.98 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.91 by $0.07. Amphenol had a net margin of 14.15% and a return on equity of 28.19%. The company had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2 billion. During the same period in the prior year, the firm earned $1.05 earnings per share. Amphenol’s revenue was down 3.3% on a year-over-year basis. Research analysts expect that Amphenol will post 3.67 earnings per share for the current year.

In other news, SVP William J. Doherty sold 72,334 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $100.68, for a total transaction of $7,282,587.12. Following the sale, the senior vice president now owns 10,400 shares in the company, valued at $1,047,072. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP David M. Silverman sold 9,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $105.01, for a total transaction of $945,090.00. Following the sale, the vice president now owns 9,000 shares in the company, valued at approximately $945,090. The disclosure for this sale can be found here. In the last quarter, insiders have sold 595,760 shares of company stock worth $60,558,282. Corporate insiders own 2.60% of the company’s stock.

Several large investors have recently bought and sold shares of the company. BlackRock Inc. boosted its holdings in Amphenol by 2.0% in the second quarter. BlackRock Inc. now owns 22,903,031 shares of the electronics maker’s stock worth $2,197,317,000 after purchasing an additional 456,490 shares during the last quarter. State Street Corp boosted its holdings in Amphenol by 3.3% in the third quarter. State Street Corp now owns 13,125,357 shares of the electronics maker’s stock worth $1,269,863,000 after purchasing an additional 416,897 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Amphenol by 4.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 9,358,455 shares of the electronics maker’s stock worth $903,091,000 after purchasing an additional 399,399 shares during the last quarter. Alecta Pensionsforsakring Omsesidigt boosted its holdings in Amphenol by 6.2% in the third quarter. Alecta Pensionsforsakring Omsesidigt now owns 4,605,000 shares of the electronics maker’s stock worth $444,382,000 after purchasing an additional 270,000 shares during the last quarter. Finally, Select Equity Group L.P. boosted its holdings in Amphenol by 74.1% in the third quarter. Select Equity Group L.P. now owns 4,309,468 shares of the electronics maker’s stock worth $415,864,000 after purchasing an additional 1,833,990 shares during the last quarter. Hedge funds and other institutional investors own 94.34% 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.

Read More: What are no-load funds?

Analyst Recommendations for Amphenol (NYSE:APH)

Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.