TE Connectivity Ltd. (NYSE: TEL)’s stock price has soared by 0.42 in relation to previous closing price of 118.75. Nevertheless, the company has seen a loss of -3.12% in its stock price over the last five trading days. Barron’s reported on 01/25/23 that TE Connectivity Earnings Show Cloud Spending Is Flat. It Will Rise Again.
Is It Worth Investing in TE Connectivity Ltd. (NYSE: TEL) Right Now?
TE Connectivity Ltd. (NYSE: TEL) has a higher price-to-earnings ratio of 18.00x compared to its average ratio, and the 36-month beta value for TEL is at 1.31. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for TEL is $140.23, which is $19.65 above the current market price. The public float for TEL is 312.26M, and currently, shorts hold a 1.14% of that float. The average trading volume for TEL on May 26, 2023 was 1.51M shares.
TEL’s Market Performance
TEL stock saw a decrease of -3.12% in the past week, with a monthly decline of -0.79% and a quarterly a decrease of -4.96%. The volatility ratio for the week is 1.52%, and the volatility levels for the last 30 days are 1.65% for TE Connectivity Ltd. (TEL). The simple moving average for the last 20 days is -2.04% for TEL’s stock, with a simple moving average of -3.45% for the last 200 days.
TEL Trading at -4.03% from the 50-Day Moving Average
After a stumble in the market that brought TEL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.74% of loss for the given period.
Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 1.52%, as shares sank -1.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.78% lower at present.
During the last 5 trading sessions, TEL fell by -3.12%, which changed the moving average for the period of 200-days by -9.00% in comparison to the 20-day moving average, which settled at $121.63. In addition, TE Connectivity Ltd. saw 3.88% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at TEL starting from Jenkins John S, who sale 25,025 shares at the price of $122.32 back on May 08. After this action, Jenkins John S now owns 22,486 shares of TE Connectivity Ltd., valued at $3,061,163 using the latest closing price.
MITTS HEATH A, the EVP & Chief Financial Officer of TE Connectivity Ltd., sale 9,418 shares at $123.12 during a trade that took place back on May 01, which means that MITTS HEATH A is holding 28,163 shares at $1,159,564 based on the most recent closing price.
Stock Fundamentals for TEL
Current profitability levels for the company are sitting at:
- +17.60 for the present operating margin
- +31.51 for the gross margin
The net margin for TE Connectivity Ltd. stands at +14.91. The total capital return value is set at 18.59, while invested capital returns managed to touch 16.76. Equity return is now at value 19.60, with 10.00 for asset returns.
Based on TE Connectivity Ltd. (TEL), the company’s capital structure generated 42.96 points at debt to equity in total, while total debt to capital is 30.05. Total debt to assets is 22.33, with long-term debt to equity ratio resting at 33.33. Finally, the long-term debt to capital ratio is 23.31.
When we switch over and look at the enterprise to sales, we see a ratio of 2.49, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 5.62 and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
In conclusion, TE Connectivity Ltd. (TEL) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.