Amphenol Corp (APH) Stock: More Strategic Than Meets the Eye

BofA Securities has recently reduced Amphenol Corp (APH) stock to Neutral rating, as announced on September 4, 2024, according to Finviz. Earlier, on July 23, 2024, Vertical Research had initiated the stock to Hold, setting a price target of $65. Seaport Research Partners also initiated Buy rating with a price target of $150. Additionally, Jefferies initiated Hold rating on April 9, 2024, with a target price of $125. Citigroup analysts, in their report published on January 5, 2024, also initiated Buy rating and set a price target of $117 for Amphenol Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.

Amphenol Corp (APH) Stock Trading Recap

On Tuesday, Amphenol Corp (APH) stock saw a modest uptick, ending the day at $70.27 which represents a slight increase of $1.93 or 2.82% from the prior close of $68.34. The stock opened at $68.92 and touched a low of $68.69 during the day, reaching a high of $70.42. The volume of shares traded was 6.10 million falling short of the average volume of 6.57 million.


Sponsored

APH Stock Performance and Moving Averages

In recent trading, Amphenol Corp (APH) stock price has shown some volatility, fluctuating -1.21% over the last five trades and -4.43% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 0.80%, and it has gained 7.18% in the previous three months. Currently, APH is trading at -1.04%, -2.07%, and 6.27% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.

As of the latest trading close, APH, a Technology sector stock, is trading -7.27% below its 52-week high but remains 48.33% above its 52-week low. The Average True Range (ATR) (14 days) of 1.69 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.

Amphenol Corp’s Profitability and Valuation Ratios

Amphenol Corp’s profitability metrics reveal financial health. The company currently boasts an operating margin of 21.25% and a profit margin of 15.40%, with a gross margin of 0.80%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.

In terms of valuation, Amphenol Corp’s market capitalization stands at $84.72 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 40.32, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 32.35. Additionally, the Price-to-Sales Ratio is 5.95, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 8.96, comparing the market value to the company’s book value.

Understanding Insider Trading

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.55% of Amphenol Corp (APH)’s shares, while financial institutions hold 94.51%.

Notable insider trades include Straub Peter, President, ISS Division at Amphenol Corp (APH), who sold 132000 shares on Nov 08 ’24, at $74.12 each, totaling $9.78 million. On Nov 06 ’24, Silverman David M, Senior VP, Human Resources, sold 180000 shares for $71.81 each, amounting to $12.93 million. Additionally, on Nov 06 ’24, Lampo Craig A sold 300000 shares at $71.56 each, generating $21.47 million.

Related Posts

Unlock Your Investment Potential: Get Your 100% Free eBook

Best Space Stocks To Buy

A detailed analysis of Three Best Space Stocks to Buy, each selected based on Innovations, Growth Metrics & Achievements

No thanks

Best Space Stocks to Buy!

Unlock Your Investment Potential: Get Your 100% Free eBook

A Detail Analysis of Three Best Space Stocks to Buy, Eash Selected Based on Innovations, Growth Metrics & Achievements