FY2024 EPS Estimates for Amphenol Increased by Analyst

Amphenol Co. (NYSE:APH) – Research analysts at Seaport Res Ptn upped their FY2024 EPS estimates for shares of Amphenol in a research report issued on Thursday, October 24th. Seaport Res Ptn analyst S. Graham now expects that the electronics maker will post earnings per share of $1.84 for the year, up from their previous estimate of $1.76. The consensus estimate for Amphenol’s current full-year earnings is $1.76 per share. Seaport Res Ptn also issued estimates for Amphenol’s Q4 2024 earnings at $0.50 EPS, Q3 2025 earnings at $0.56 EPS, Q4 2025 earnings at $0.56 EPS, FY2025 earnings at $2.10 EPS, Q1 2026 earnings at $0.52 EPS, Q2 2026 earnings at $0.56 EPS, Q3 2026 earnings at $0.62 EPS and FY2026 earnings at $2.31 EPS.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 23rd. The electronics maker reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.05. Amphenol had a net margin of 15.69% and a return on equity of 24.08%. The business had revenue of $4.04 billion for the quarter, compared to analysts’ expectations of $3.81 billion. During the same quarter last year, the firm earned $0.39 EPS. The firm’s revenue for the quarter was up 26.3% compared to the same quarter last year.

Several other equities research analysts have also commented on the stock. Bank of America increased their price objective on shares of Amphenol from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Thursday. Truist Financial raised their price target on shares of Amphenol from $76.00 to $82.00 and gave the stock a “buy” rating in a research note on Thursday. Evercore ISI raised their price target on shares of Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday. UBS Group raised their price target on shares of Amphenol from $69.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, July 10th. Finally, TD Cowen raised their price target on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research note on Friday. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $69.63.

Amphenol Price Performance

Shares of NYSE APH opened at $69.41 on Friday. Amphenol has a fifty-two week low of $39.48 and a fifty-two week high of $71.20. The stock has a market cap of $83.38 billion, a price-to-earnings ratio of 42.58, a PEG ratio of 2.56 and a beta of 1.24. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.32 and a current ratio of 2.02. The firm’s 50-day simple moving average is $65.10 and its 200 day simple moving average is $64.58.

Insider Buying and Selling at Amphenol

In other Amphenol news, insider Luc Walter sold 170,000 shares of the firm’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $64.10, for a total value of $10,897,000.00. Following the completion of the transaction, the insider now directly owns 447,790 shares of the company’s stock, valued at $28,703,339. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, insider Luc Walter sold 170,000 shares of Amphenol stock in a transaction on Monday, July 29th. The shares were sold at an average price of $64.10, for a total transaction of $10,897,000.00. Following the completion of the sale, the insider now directly owns 447,790 shares of the company’s stock, valued at approximately $28,703,339. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Lance E. D’amico sold 100,000 shares of Amphenol stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $65.63, for a total transaction of $6,563,000.00. Following the sale, the vice president now directly owns 51,400 shares of the company’s stock, valued at $3,373,382. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 570,000 shares of company stock valued at $37,209,000 in the last three months. Company insiders own 1.80% of the company’s stock.

Institutional Trading of Amphenol

A number of hedge funds have recently made changes to their positions in the stock. Beacon Capital Management LLC lifted its stake in Amphenol by 121.2% in the second quarter. Beacon Capital Management LLC now owns 376 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 206 shares during the last quarter. New England Capital Financial Advisors LLC lifted its stake in Amphenol by 100.0% in the second quarter. New England Capital Financial Advisors LLC now owns 376 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 188 shares during the last quarter. Sachetta LLC lifted its stake in Amphenol by 131.1% in the second quarter. Sachetta LLC now owns 439 shares of the electronics maker’s stock worth $27,000 after purchasing an additional 249 shares during the last quarter. Trifecta Capital Advisors LLC lifted its stake in Amphenol by 352.1% in the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock worth $28,000 after purchasing an additional 338 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new stake in Amphenol in the second quarter worth $29,000. 97.01% of the stock is owned by institutional investors.

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.