In a report released today, William Stein from Truist Financial maintained a Buy rating on Amphenol (APH – Research Report). The company’s shares closed yesterday at $116.31.
According to TipRanks, Stein is a top 25 analyst with an average return of 27.9% and a 74.92% success rate. Stein covers the Technology sector, focusing on stocks such as Texas Instruments, Amphenol, and Broadcom.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amphenol with a $123.50 average price target, which is a 6.18% upside from current levels. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $124.00 price target.
Based on Amphenol’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.33 billion and a net profit of $514.4 million. In comparison, last year the company earned a revenue of $3.24 billion and had a net profit of $507.5 million
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of APH in relation to earlier this year. Last month, Peter Straub, the President of APH sold 20,000.00 shares for a total of $2,212,800.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Amphenol (APH) Company Description:
Connecticut-based Amphenol Corp. designs, manufactures, and markets electrical, electronic, and fiber optic connectors. It operates through two segments: Interconnect Products and Assemblies; and Cable Products and Solutions.
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