FY2024 EPS Estimates for Amphenol Increased by Analyst

Amphenol Co. (NYSE:APH) – Seaport Res Ptn raised their FY2024 earnings estimates for Amphenol in a report released on Thursday, October 24th. Seaport Res Ptn analyst S. Graham now expects that the electronics maker will earn $1.84 per share 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 issued its quarterly earnings data on Wednesday, October 23rd. The electronics maker reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. The firm had revenue of $4.04 billion during the quarter, compared to the consensus estimate of $3.81 billion. Amphenol had a net margin of 15.69% and a return on equity of 24.08%. The company’s quarterly revenue was up 26.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 earnings per share.

APH has been the subject of a number of other reports. Bank of America increased their price target on shares of Amphenol from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Thursday. Truist Financial increased 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. TD Cowen increased 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. Vertical Research initiated coverage on shares of Amphenol in a research note on Tuesday, July 23rd. They issued a “hold” rating and a $65.00 price target for the company. Finally, Robert W. Baird increased their price target on shares of Amphenol from $71.00 to $77.00 and gave the stock an “outperform” rating in a research note on Thursday. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $69.63.

Amphenol Stock Performance

Shares of NYSE:APH opened at $69.41 on Friday. Amphenol has a 12 month low of $39.48 and a 12 month high of $71.20. The company has a market cap of $83.38 billion, a price-to-earnings ratio of 42.58, a price-to-earnings-growth ratio of 2.56 and a beta of 1.24. The company has a 50-day moving average price of $65.10 and a 200-day moving average price of $64.58. The company has a current ratio of 2.02, a quick ratio of 1.32 and a debt-to-equity ratio of 0.56.

Insider Activity

In other news, insider William J. Doherty sold 300,000 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $65.83, for a total transaction of $19,749,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, insider William J. Doherty sold 300,000 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $65.83, for a total transaction of $19,749,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Lance E. D’amico sold 100,000 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $65.63, for a total transaction of $6,563,000.00. Following the sale, the vice president now owns 51,400 shares in the company, valued at approximately $3,373,382. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 570,000 shares of company stock worth $37,209,000 over the last 90 days. 1.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Amphenol

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. B. Riley Wealth Advisors Inc. boosted its holdings in Amphenol by 0.3% in the first quarter. B. Riley Wealth Advisors Inc. now owns 31,286 shares of the electronics maker’s stock worth $3,609,000 after purchasing an additional 80 shares during the last quarter. Atomi Financial Group Inc. boosted its holdings in Amphenol by 1.7% in the first quarter. Atomi Financial Group Inc. now owns 4,720 shares of the electronics maker’s stock worth $544,000 after purchasing an additional 81 shares during the last quarter. Pinnacle Wealth Planning Services Inc. boosted its holdings in Amphenol by 1.5% in the first quarter. Pinnacle Wealth Planning Services Inc. now owns 6,076 shares of the electronics maker’s stock worth $701,000 after purchasing an additional 88 shares during the last quarter. Nicolet Advisory Services LLC raised its position in Amphenol by 3.4% in the first quarter. Nicolet Advisory Services LLC now owns 2,724 shares of the electronics maker’s stock worth $313,000 after acquiring an additional 89 shares during the period. Finally, Webster Bank N. A. raised its position in Amphenol by 16.2% in the first quarter. Webster Bank N. A. now owns 697 shares of the electronics maker’s stock worth $80,000 after acquiring an additional 97 shares during the period. Hedge funds and other institutional investors own 97.01% 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.