Amphenol (APH) Scheduled to Post Earnings on Wednesday

Amphenol (NYSE:APH) will be issuing its quarterly earnings data before the market opens on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.74 per share for the quarter. Amphenol has set its Q1 guidance at $0.71-0.73 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.05. Amphenol had a return on equity of 23.94% and a net margin of 15.36%. The firm had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter in the prior year, the company earned $0.78 EPS. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, analysts expect Amphenol to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Amphenol Stock Up 0.2 %

APH opened at $112.58 on Wednesday. The business has a 50 day moving average of $110.51 and a 200-day moving average of $98.17. The stock has a market capitalization of $67.72 billion, a price-to-earnings ratio of 36.20, a P/E/G ratio of 3.23 and a beta of 1.30. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.47. Amphenol has a 1-year low of $72.00 and a 1-year high of $119.59.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Tuesday, March 19th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.88 annualized dividend and a yield of 0.78%. Amphenol’s dividend payout ratio is 28.30%.

Insider Activity

In other news, insider Peter Straub sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $110.64, for a total transaction of $2,212,800.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Amphenol news, insider Peter Straub sold 20,000 shares of Amphenol stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $110.64, for a total transaction of $2,212,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William J. Doherty sold 170,000 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $103.50, for a total value of $17,595,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 305,000 shares of company stock valued at $31,846,050. Company insiders own 2.22% of the company’s stock.

Hedge Funds Weigh In On Amphenol

A number of hedge funds and other institutional investors have recently made changes to their positions in APH. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in Amphenol by 1.4% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 567,494 shares of the electronics maker’s stock valued at $56,256,000 after acquiring an additional 7,882 shares during the period. Hobbs Group Advisors LLC acquired a new stake in Amphenol during the 4th quarter worth approximately $49,000. Sanibel Captiva Trust Company Inc. bought a new position in Amphenol in the fourth quarter valued at approximately $393,000. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Amphenol by 3.0% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 421,368 shares of the electronics maker’s stock valued at $41,770,000 after buying an additional 12,086 shares during the period. Finally, Faithward Advisors LLC increased its position in shares of Amphenol by 18.1% during the fourth quarter. Faithward Advisors LLC now owns 10,355 shares of the electronics maker’s stock worth $1,066,000 after acquiring an additional 1,585 shares in the last quarter. 97.01% of the stock is owned by institutional investors.

Analysts Set New Price Targets

APH has been the topic of several recent research reports. The Goldman Sachs Group lifted their price objective on Amphenol from $107.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. UBS Group lifted their target price on shares of Amphenol from $118.00 to $135.00 and gave the company a “buy” rating in a research report on Tuesday. Stifel Nicolaus raised their price target on shares of Amphenol from $88.00 to $95.00 and gave the stock a “hold” rating in a research note on Thursday, January 25th. Jefferies Financial Group began coverage on Amphenol in a report on Tuesday, April 9th. They issued a “hold” rating and a $125.00 target price for the company. Finally, Evercore ISI increased their price objective on Amphenol from $110.00 to $125.00 and gave the stock an “outperform” rating in a research note on Monday, March 25th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $112.00.

About Amphenol

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.