Amphenol Corp. (NYSE: APH) Shocks Wall Street This Week With A -2.75% Stock Price Decline

IPW

Amphenol Corp. (NYSE:APH) has a beta value of 1.26 and has seen 4.47 million shares traded in the recent trading session. The company, currently valued at $72.51B, closed the recent trade at $60.21 per share which meant it lost -$1.7 on the day or -2.75% during that session. The APH stock price is -17.65% off its 52-week high price of $70.84 and 34.66% above the 52-week low of $39.34. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.37 million shares traded. The 3-month trading volume is 7.30 million shares.

The consensus among analysts is that Amphenol Corp. (APH) is Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 13 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.45.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Amphenol Corp. (NYSE:APH) trade information

Sporting -2.75% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the APH stock price touched $60.21 or saw a rise of 11.06%. Year-to-date, Amphenol Corp. shares have moved 21.48%, while the 5-day performance has seen it change -9.49%. Over the past 30 days, the shares of Amphenol Corp. (NYSE:APH) have changed 3.12%. Short interest in the company has seen 10.49 million shares shorted with days to cover at 1.17.

Wall Street analysts have a consensus price target for the stock at $87.5, which means that the shares’ value could jump 31.19% from the levels at last check today. The projected low price target is $66.0 while the price target rests at a high of $138.0. In that case, then, we find that the latest price level in today’s session is -129.2% off the targeted high while a plunge would see the stock gain -9.62% from the levels at last check today.

Amphenol Corp. (APH) estimates and forecasts

Figures show that Amphenol Corp. shares have outperformed across the wider relevant industry. The company’s shares have gained 9.83% over the past 6 months, with this year growth rate of 16.56%, compared to -1.50% for the industry. Revenue growth from the last financial year stood is estimated to be 16.40%.

15 analysts offering their estimates for the company have set an average revenue estimate of 3.79B for the current quarter. 16 have an estimated revenue figure of 3.95B for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 10.05% over the past 5 years. Earnings growth for 2024 is a modest 17.23% while over the next 5 years, the company’s earnings are expected to increase by 16.90%.

APH Dividends

Amphenol Corp. is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.76 at a share yield of 1.26%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.95%.

Amphenol Corp. (NYSE:APH)’s Major holders

Insiders own 0.52% of the company shares, while shares held by institutions stand at 96.88% with a share float percentage of 97.39%. Investors are also buoyed by the number of investors in a company, with Amphenol Corp. having a total of 1767.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 148.84 million shares worth more than $10.03 billion. As of 2024-06-30, VANGUARD GROUP INC held 12.4034% of shares outstanding.

The other major institutional holder is FMR LLC, with the holding of over 102.0 million shares as of 2024-06-30. The firm’s total holdings are worth over $6.87 billion and represent 8.4996% of shares outstanding.