Amphenol Corp. (NYSE: APH)’s stock price has dropped by -1.07 in relation to previous closing price of 65.72. Nevertheless, the company has seen a loss of -1.35% in its stock price over the last five trading days. zacks.com reported 2024-09-25 that Tech stocks like APH, ANSS, ANET, FTNT and IBM are poised to benefit from the ongoing tech rally.
Is It Worth Investing in Amphenol Corp. (NYSE: APH) Right Now?
Amphenol Corp. (NYSE: APH) has a higher price-to-earnings ratio of 38.74x compared to its average ratio. APH has 36-month beta value of 1.24. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 0 as “sell.”
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The public float for APH is 1.20B, and currently, short sellers hold a 0.84% ratio of that float. The average trading volume of APH on September 30, 2024 was 7.16M shares.
APH’s Market Performance
APH’s stock has seen a -1.35% decrease for the week, with a -1.92% drop in the past month and a -3.49% fall in the past quarter. The volatility ratio for the week is 1.87%, and the volatility levels for the past 30 days are at 2.57% for Amphenol Corp. The simple moving average for the past 20 days is 2.04% for APH’s stock, with a 9.49% simple moving average for the past 200 days.
Analysts’ Opinion of APH
Many brokerage firms have already submitted their reports for APH stocks, with BofA Securities repeating the rating for APH by listing it as a “Neutral.” The predicted price for APH in the upcoming period, according to BofA Securities is $71 based on the research report published on September 04, 2024 of the current year 2024.
Vertical Research, on the other hand, stated in their research note that they expect to see APH reach a price target of $65. The rating they have provided for APH stocks is “Hold” according to the report published on July 23rd, 2024.
Seaport Research Partners gave a rating of “Buy” to APH, setting the target price at $150 in the report published on May 20th of the current year.
APH Trading at 1.67% from the 50-Day Moving Average
After a stumble in the market that brought APH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.22% of loss for the given period.
Volatility was left at 2.57%, however, over the last 30 days, the volatility rate increased by 1.87%, as shares sank -2.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.23% lower at present.
During the last 5 trading sessions, APH fell by -1.35%, which changed the moving average for the period of 200-days by +36.54% in comparison to the 20-day moving average, which settled at $63.63. In addition, Amphenol Corp. saw 31.18% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at APH starting from D’AMICO LANCE E, who sale 100,000 shares at the price of $65.63 back on Aug 15 ’24. After this action, D’AMICO LANCE E now owns 51,400 shares of Amphenol Corp., valued at $6,563,040 using the latest closing price.
Doherty William J, the President, CS Division of Amphenol Corp., sale 300,000 shares at $65.83 during a trade that took place back on Aug 15 ’24, which means that Doherty William J is holding 0 shares at $19,748,580 based on the most recent closing price.
Stock Fundamentals for APH
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.33 for the gross margin
The net margin for Amphenol Corp. stands at 0.16. The total capital return value is set at 0.19. Equity return is now at value 25.49, with 12.43 for asset returns.
Based on Amphenol Corp. (APH), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.5. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is 55.59.
Currently, EBITDA for the company is 3.03 billion with net debt to EBITDA at 1.27. When we switch over and look at the enterprise to sales, we see a ratio of 6.16. The receivables turnover for the company is 4.69for trailing twelve months and the total asset turnover is 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.02.
Conclusion
To put it simply, Amphenol Corp. (APH) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
