TE Connectivity Ltd (TEL) went down -2.26% yesterday: Is this the Most Sought-After Stock Today?

TE Connectivity Ltd (NYSE: TEL) open the trading on Wednesday, with a bit cautious approach as it glided -2.26% to $140.00, before settling in for the price of $143.23 at the close. Taking a more long-term approach, TEL posted a 52-week range of $115.00-$147.98.

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It was noted that the giant of the Technology sector posted annual sales growth of 3.37% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -3.69%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.52%. This publicly-traded company’s shares outstanding now amounts to $311.98 million, simultaneously with a float of $308.23 million. The organization now has a market capitalization sitting at $43.23 billion. At the time of writing, stock’s 50-day Moving Average stood at $142.57, while the 200-day Moving Average is $134.78.

TE Connectivity Ltd (TEL) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Electronic Components industry. TE Connectivity Ltd’s current insider ownership accounts for 0.18%, in contrast to 93.90% institutional ownership. According to the most recent insider trade that took place on Mar 01 ’24, this organization’s Pres., Industrial Solutions sold 5,000 shares at the rate of 142.76, making the entire transaction reach 713,796 in total value, affecting insider ownership by 25,976. Preceding that transaction, on Jan 29 ’24, Company’s President, Transportation Sol. sold 99,777 for 144.00, making the whole transaction’s value amount to 14,367,888. This particular insider is now the holder of 30,459 in total.

TE Connectivity Ltd (TEL) Earnings and Revenue Records

TE Connectivity Ltd’s EPS increase for this current 12-month fiscal period is 11.52% and is forecasted to reach 8.34 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.50% through the next 5 years, which can be compared against the -3.69% growth it accomplished over the previous five years trading on the market.

TE Connectivity Ltd (NYSE: TEL) Trading Performance Indicators

Let’s observe the current performance indicators for TE Connectivity Ltd (TEL). It’s Quick Ratio in the last reported quarter now stands at 1.16. The Stock has managed to achieve an average true range (ATR) of 2.76. Alongside those numbers, its PE Ratio stands at $13.29, and its Beta score is 1.36. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.70. Similarly, its price to free cash flow for trailing twelve months is now 16.82.

In the same vein, TEL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 10.53, a figure that is expected to reach 1.87 in the next quarter, and analysts are predicting that it will be 8.34 at the market close of one year from today.

Technical Analysis of TE Connectivity Ltd (TEL)

[TE Connectivity Ltd, TEL] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 40.10% While, its Average True Range was 2.93.

Raw Stochastic average of TE Connectivity Ltd (TEL) in the period of the previous 100 days is set at 58.99%, which indicates a major rise in contrast to 16.96% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.64% that was higher than 21.22% volatility it exhibited in the past 100-days period.