Headlines about Amphenol (NYSE:APH) have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Amphenol earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned press coverage about the electronics maker an impact score of 45.1492593499917 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several research analysts recently commented on the stock. BidaskClub upgraded shares of Amphenol from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. Zacks Investment Research raised shares of Amphenol from a “hold” rating to a “buy” rating and set a $89.00 price target for the company in a research report on Thursday, August 17th. Deutsche Bank raised their price target on shares of Amphenol from $95.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Stifel Nicolaus restated a “hold” rating and set a $72.00 price objective on shares of Amphenol in a research note on Monday, August 14th. Finally, Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating in a research note on Friday, September 29th. Five research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company. Amphenol presently has a consensus rating of “Buy” and an average price target of $87.90.
Amphenol (NYSE:APH) traded down $0.28 during trading hours on Wednesday, reaching $88.18. The company’s stock had a trading volume of 1,151,300 shares, compared to its average volume of 1,145,089. The stock has a market cap of $26,830.00, a PE ratio of 28.08, a PEG ratio of 2.49 and a beta of 0.81. The company has a current ratio of 3.04, a quick ratio of 2.27 and a debt-to-equity ratio of 0.87. Amphenol has a 52 week low of $66.00 and a 52 week high of $91.26.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Monday, December 18th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend is Friday, December 15th. Amphenol’s dividend payout ratio is currently 24.28%.
In other Amphenol news, CEO Richard Adam Norwitt sold 220,000 shares of the business’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $86.10, for a total value of $18,942,000.00. Following the transaction, the chief executive officer now owns 216,492 shares of the company’s stock, valued at $18,639,961.20. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Jean-Luc Gavelle sold 88,000 shares of the business’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $86.37, for a total value of $7,600,560.00. Following the completion of the transaction, the vice president now directly owns 48,000 shares in the company, valued at approximately $4,145,760. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 849,000 shares of company stock worth $75,518,690. Company insiders own 2.51% of the company’s stock.
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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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