There Is Clear Momentum For Amphenol Corp (NYSE: APH)

Amphenol Corp (APH) concluded trading on Thursday at a closing price of $71.56, with 2.88 million shares of worth about $206.29 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.03% during that period and on December 26, 2024 the price saw a loss of about -0.14%. Currently the company’s common shares owned by public are about 1.21B shares, out of which, 1.20B shares are available for trading.

Stock saw a price change of 2.08% in past 5 days and over the past one month there was a price change of -2.36%. Year-to-date (YTD), APH shares are showing a performance of 44.38% which increased to 43.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $46.94 but also hit the highest price of $75.78 during that period. The average intraday trading volume for Amphenol Corp shares is 6.73 million. The stock is currently trading -1.71% below its 20-day simple moving average (SMA20), while that difference is up 0.37% for SMA50 and it goes to 9.51% higher than SMA200.

Amphenol Corp (NYSE: APH) currently have 1.21B outstanding shares and institutions hold larger chunk of about 94.32% of that.

The stock has a current market capitalization of $86.27B and its 3Y-monthly beta is at 1.24. PE ratio of stock for trailing 12 months is 41.06, while it has posted earnings per share of $1.74 in the same period. Its PEG reads 2.19 and has Quick Ratio of 1.33 while making debt-to-equity ratio of 0.58. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for APH, volatility over the week remained 2.03% while standing at 1.96% over the month.

Stock’s fiscal year EPS is expected to rise by 22.10% while it is estimated to increase by 17.59% in next year. EPS is likely to grow at an annualized rate of 18.77% for next 5-years, compared to annual growth of 10.05% 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 BofA Securities on September 04, 2024 offering a Neutral rating for the stock and assigned a target price range of between $80 and $71 to it. Coverage by Vertical Research stated Amphenol Corp (APH) stock as a Hold in their note to investors on July 23, 2024, suggesting a price target of $65 for the stock. On May 20, 2024, Seaport Research Partners Initiated their recommendations, while on April 09, 2024, Jefferies Initiated their ratings for the stock with a price target of $125. Stock get a Buy rating from Citigroup on January 05, 2024.

Most Popular

Related Posts