Amphenol Corporation (NYSE:APH) will be posting its quarterly earnings results before the market opens on Wednesday, October 25th. Analysts expect Amphenol Corporation to post earnings of $0.79 per share for the quarter. Amphenol Corporation has set its Q3 guidance at $0.77-0.79 EPS and its FY17 guidance at $3.06-3.10 EPS.
Amphenol Corporation (NYSE:APH) last released its quarterly earnings data on Wednesday, July 26th. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.09. Amphenol Corporation had a net margin of 14.37% and a return on equity of 24.98%. The firm had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same period last year, the business earned $0.65 earnings per share. Amphenol Corporation’s revenue was up 7.6% compared to the same quarter last year. On average, analysts expect Amphenol Corporation to post $3.1 EPS for the current fiscal year and $3.34 EPS for the next fiscal year.
Shares of Amphenol Corporation (NYSE:APH) opened at 86.70 on Wednesday. Amphenol Corporation has a 52-week low of $62.72 and a 52-week high of $88.00. The company’s 50-day moving average is $83.11 and its 200 day moving average is $76.50. The firm has a market capitalization of $26.48 billion, a PE ratio of 29.19 and a beta of 0.79.
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 11th. Shareholders of record on Monday, September 18th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.88%. This is a positive change from Amphenol Corporation’s previous quarterly dividend of $0.16. The ex-dividend date was Friday, September 15th. Amphenol Corporation’s dividend payout ratio is 25.59%.
APH has been the topic of a number of recent research reports. BidaskClub upgraded shares of Amphenol Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Zacks Investment Research upgraded shares of Amphenol Corporation from a “hold” rating to a “buy” rating and set a $89.00 target price on the stock in a report on Thursday, August 17th. Bank of America Corporation upgraded shares of Amphenol Corporation from a “neutral” rating to a “buy” rating in a report on Friday, September 29th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $95.00 target price (up from $80.00) on shares of Amphenol Corporation in a report on Thursday, October 5th. Four analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the company’s stock. Amphenol Corporation has a consensus rating of “Buy” and a consensus price target of $83.50.
In related news, CFO Craig A. Lampo sold 15,000 shares of the stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $79.70, for a total transaction of $1,195,500.00. Following the completion of the sale, the chief financial officer now owns 40,000 shares of the company’s stock, valued at approximately $3,188,000. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Richard Adam Norwitt sold 200,000 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $77.95, for a total transaction of $15,590,000.00. Following the sale, the chief executive officer now directly owns 293,992 shares of the company’s stock, valued at approximately $22,916,676.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 433,200 shares of company stock worth $33,886,886. Insiders own 2.51% of the company’s stock.
Amphenol Corporation Company Profile
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.
Receive News & Ratings for Amphenol Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol Corporation and related companies with MarketBeat.com's FREE daily email newsletter.