News stories about Amphenol (NYSE:APH) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Amphenol earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the electronics maker an impact score of 46.4476264005706 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several research firms recently issued reports on APH. Cowen reiterated a “buy” rating and issued a $105.00 price objective on shares of Amphenol in a report on Wednesday. Zacks Investment Research upgraded Amphenol from a “hold” rating to a “buy” rating and set a $102.00 price objective on the stock in a report on Wednesday. Deutsche Bank boosted their price objective on Amphenol from $95.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating in a report on Friday, September 29th. Finally, Canaccord Genuity reiterated a “hold” rating on shares of Amphenol in a report on Monday, October 16th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company. Amphenol has an average rating of “Buy” and an average price target of $89.60.
Amphenol (APH) traded up $1.04 on Friday, reaching $91.83. The company had a trading volume of 845,965 shares, compared to its average volume of 967,353. Amphenol has a 1 year low of $66.00 and a 1 year high of $91.94. The firm has a market cap of $28,039.28, a PE ratio of 29.25, a price-to-earnings-growth ratio of 2.41 and a beta of 0.81. The company has a debt-to-equity ratio of 0.87, a current ratio of 3.04 and a quick ratio of 2.27.
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 10th. Investors of record on Monday, December 18th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a $0.76 annualized dividend and a yield of 0.83%. Amphenol’s payout ratio is 24.20%.
In related 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 transaction of $18,942,000.00. Following the completion of the transaction, the chief executive officer now directly owns 216,492 shares of the company’s stock, valued at approximately $18,639,961.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Diana G. Reardon sold 503,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $90.73, for a total value of $45,637,190.00. Following the transaction, the director now directly owns 260,000 shares of the company’s stock, valued at $23,589,800. The disclosure for this sale can be found here. Insiders have sold a total of 849,000 shares of company stock valued at $75,518,690 over the last three months. 2.51% of the stock is currently owned by insiders.
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Amphenol 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.
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