Somewhat Positive News Coverage Somewhat Unlikely to Affect Amphenol Corporation (APH) Share Price
Media stories about Amphenol Corporation (NYSE:APH) have been trending somewhat positive on Tuesday, Accern reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Amphenol Corporation earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the electronics maker an impact score of 46.0870913635813 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Amphenol Corporation (APH) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- Look for Shares of Amphenol Corp-A to Potentially Pullback after Yesterday’s 1.53% Rise (mysmartrend.com)
- Amphenol Corp-A Set to Possibly Pullback After Yesterday’s Rally of 1.53% (mysmartrend.com)
- Amphenol Corporation (APH) Earns “Hold” Rating from Stifel Nicolaus (americanbankingnews.com)
- Amphenol Co. (APH) Rating Increased to Strong-Buy at BidaskClub (americanbankingnews.com)
Shares of Amphenol Corporation (APH) traded down 0.24% during midday trading on Tuesday, hitting $78.91. The stock had a trading volume of 1,914,885 shares. Amphenol Corporation has a 52-week low of $59.58 and a 52-week high of $79.38. The company has a market cap of $24.10 billion, a PE ratio of 26.57 and a beta of 0.77. The company’s 50 day moving average is $75.75 and its 200 day moving average is $72.65.
Amphenol Corporation (NYSE:APH) last announced its earnings results on Wednesday, July 26th. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.09. The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.62 billion. Amphenol Corporation had a return on equity of 24.98% and a net margin of 14.37%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.65 earnings per share. On average, analysts anticipate that Amphenol Corporation will post $3.09 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 11th. Shareholders of record on Monday, September 18th will be given a $0.19 dividend. This is a positive change from Amphenol Corporation’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Friday, September 15th. This represents a $0.76 dividend on an annualized basis and a yield of 0.96%. Amphenol Corporation’s payout ratio is presently 21.55%.
Several research firms recently issued reports on APH. Royal Bank Of Canada restated a “buy” rating on shares of Amphenol Corporation in a research report on Thursday, June 1st. Stifel Nicolaus raised their price target on Amphenol Corporation from $64.00 to $72.00 and gave the stock a “hold” rating in a research report on Thursday, April 27th. BidaskClub lowered Amphenol Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) lowered Amphenol Corporation from a “buy” rating to a “neutral” rating and raised their price target for the stock from $75.00 to $78.00 in a research report on Wednesday, July 5th. Finally, Zacks Investment Research lowered Amphenol Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. Amphenol Corporation currently has a consensus rating of “Buy” and a consensus target price of $78.38.
In other Amphenol Corporation news, VP William J. Doherty sold 61,800 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $78.12, for a total value of $4,827,816.00. Following the sale, the vice president now owns 8,800 shares of the company’s stock, valued at $687,456. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Craig A. Lampo sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $72.86, for a total value of $1,092,900.00. Following the completion of the sale, the chief financial officer now directly owns 40,000 shares in the company, valued at approximately $2,914,400. The disclosure for this sale can be found here. In the last three months, insiders sold 1,065,200 shares of company stock worth $80,559,956. 2.51% of the stock is owned by corporate insiders.
Amphenol Corporation Company Profile
Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.
Receive News & Ratings for Amphenol Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.