TE Connectivity Ltd (TEL) concluded trading on Thursday at a closing price of $151.49, with 1.87 million shares of worth about $282.88 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.52% during that period and on August 29, 2024 the price saw a gain of about 0.17%. Currently the company’s common shares owned by public are about 311.98M shares, out of which, 303.54M shares are available for trading.
Stock saw a price change of 0.53% in past 5 days and over the past one month there was a price change of -1.84%. Year-to-date (YTD), TEL shares are showing a performance of 7.82% which increased to 15.47% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $115.00 but also hit the highest price of $159.98 during that period. The average intraday trading volume for TE Connectivity Ltd shares is 1.65 million. The stock is currently trading 2.39% above its 20-day simple moving average (SMA20), while that difference is up 0.50% for SMA50 and it goes to 5.59% higher than SMA200.
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TE Connectivity Ltd (NYSE: TEL) currently have 311.98M outstanding shares and institutions hold larger chunk of about 95.55% of that.
The stock has a current market capitalization of $46.04B and its 3Y-monthly beta is at 1.33. PE ratio of stock for trailing 12 months is 13.63, while it has posted earnings per share of $11.11 in the same period. Its PEG reads 1.55 and has Quick Ratio of 0.99 while making debt-to-equity ratio of 0.33. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TEL, volatility over the week remained 1.32% while standing at 1.76% over the month.
Stock’s fiscal year EPS is expected to rise by 12.14% while it is estimated to increase by 9.11% in next year. EPS is likely to grow at an annualized rate of 8.80% for next 5-years, compared to annual growth of -3.69% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on July 24, 2024 offering a Hold rating for the stock and assigned a target price of $162 to it. Coverage by Vertical Research stated TE Connectivity Ltd (TEL) stock as a Hold in their note to investors on July 23, 2024, suggesting a price target of $155 for the stock. On April 09, 2024, Jefferies Initiated their recommendations, while on January 05, 2024, Citigroup Initiated their ratings for the stock with a price target of $146. Stock get an Equal weight rating from Wells Fargo on December 15, 2023.
