Amphenol (NYSE:APH) Issues Q1 Earnings Guidance

Amphenol (NYSE:APH) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.49-0.51 for the period, compared to the consensus EPS estimate of $0.48. The company issued revenue guidance of $4.00-4.10 billion, compared to the consensus revenue estimate of $3.93 billion.

Amphenol Price Performance

Shares of NYSE:APH opened at $72.76 on Wednesday. Amphenol has a one year low of $48.52 and a one year high of $75.78. The stock has a fifty day moving average of $71.74 and a 200-day moving average of $67.76. The company has a market capitalization of $87.72 billion, a PE ratio of 41.82, a price-to-earnings-growth ratio of 1.89 and a beta of 1.24. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.33 and a current ratio of 1.99.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. Amphenol had a return on equity of 24.68% and a net margin of 15.40%. The company had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4,051,810 billion. During the same quarter in the prior year, the firm earned $0.82 EPS. The company’s quarterly revenue was up 29.8% compared to the same quarter last year. As a group, equities analysts anticipate that Amphenol will post 1.84 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 17th were issued a $0.165 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.91%. Amphenol’s payout ratio is currently 37.93%.

Analysts Set New Price Targets

APH has been the subject of a number of research analyst reports. Truist Financial increased their target price on Amphenol from $76.00 to $82.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Bank of America increased their price objective on Amphenol from $70.00 to $74.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. Robert W. Baird increased their target price on shares of Amphenol from $71.00 to $77.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. TD Cowen increased their target price on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Finally, Evercore ISI increased their target price on shares of Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Amphenol presently has a consensus rating of “Moderate Buy” and an average target price of $69.79.

Insider Activity at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 150,000 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $68.76, for a total transaction of $10,314,000.00. Following the completion of the transaction, the chief financial officer now owns 218,116 shares in the company, valued at $14,997,656.16. This trade represents a 40.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Peter Straub sold 132,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $74.12, for a total transaction of $9,783,840.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,842,672 shares of company stock worth $128,858,080. Company insiders own 1.80% 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 in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.