Somewhat Positive Press Coverage Somewhat Unlikely to Impact Amphenol (APH) Stock Price
News coverage about Amphenol (NYSE:APH) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Amphenol earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the electronics maker an impact score of 46.6057644240913 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Amphenol from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. SunTrust Banks reissued a “hold” rating and set a $89.00 price objective (up from $82.00) on shares of Amphenol in a report on Thursday, January 25th. Morgan Stanley boosted their price objective on shares of Amphenol from $87.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, January 25th. Finally, Cowen reissued a “buy” rating and set a $105.00 price objective on shares of Amphenol in a report on Wednesday, January 10th. Six research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $92.00.
Shares of Amphenol (NYSE APH) traded up $0.22 on Monday, hitting $92.66. 1,305,126 shares of the stock were exchanged, compared to its average volume of 1,443,969. The stock has a market capitalization of $28,290.00, a price-to-earnings ratio of 27.66, a PEG ratio of 2.71 and a beta of 0.81. The company has a quick ratio of 2.25, a current ratio of 2.95 and a debt-to-equity ratio of 0.88. Amphenol has a 12-month low of $68.57 and a 12-month high of $93.62.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 10th. Shareholders of record on Monday, March 19th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend is Friday, March 16th. Amphenol’s payout ratio is 22.69%.
In other Amphenol news, Director John R. Lord sold 2,000 shares of the company’s stock in a transaction on Sunday, September 2nd. The shares were sold at an average price of $62.47, for a total value of $124,940.00. Following the sale, the director now directly owns 38,677 shares of the company’s stock, valued at $2,416,152.19. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Lance E. D’amico sold 10,000 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $92.07, for a total transaction of $920,700.00. The disclosure for this sale can be found here. 2.51% of the stock is currently owned by corporate insiders.
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Amphenol 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.
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