On Tuesday, TE Connectivity plc (NYSE: TEL) was 1.17% up from the session before settling in for the closing price of $150.87. A 52-week range for TEL has been $115.16 – $159.98.
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Annual sales at Technology sector company grew by 5.17% over the past five years. When this article was written, the company’s average yearly earnings per share was at 12.14%. With a float of $303.54 million, this company’s outstanding shares have now reached $311.98 million.
Let’s look at the performance matrix of the company that is accounted for 90000 employees. In terms of profitability, gross margin is 33.94%, operating margin of 17.97%, and the pretax margin is 17.54%.
TE Connectivity plc (TEL) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward TE Connectivity plc stocks. The insider ownership of TE Connectivity plc is 0.13%, while institutional ownership is 93.71%. The most recent insider transaction that took place on Sep 03 ’24, was worth 1,324,799. In this transaction Pres., Industrial Solutions of this company sold 8,750 shares at a rate of $151.41, taking the stock ownership to the 25,976 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Officer proposed sale 8,750 for $151.41, making the entire transaction worth $1,324,799.
TE Connectivity plc (TEL) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.78 earnings per share (EPS) during the time that was better than consensus figure (set at 1.76) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.9 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.55% during the next five years compared to -3.69% drop over the previous five years of trading.
TE Connectivity plc (NYSE: TEL) Trading Performance Indicators
You can see what TE Connectivity plc (TEL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.93. Likewise, its price to free cash flow for the trailing twelve months is 15.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.11, a number that is poised to hit 1.94 in the next quarter and is forecasted to reach 8.21 in one year’s time.
Technical Analysis of TE Connectivity plc (TEL)
TE Connectivity plc (NYSE: TEL) saw its 5-day average volume 1.57 million, a negative change from its year-to-date volume of 1.84 million. As of the previous 9 days, the stock’s Stochastic %D was 94.28%. Additionally, its Average True Range was 2.64.
During the past 100 days, TE Connectivity plc’s (TEL) raw stochastic average was set at 62.13%, which indicates a significant decrease from 98.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.97% in the past 14 days, which was lower than the 21.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $148.01, while its 200-day Moving Average is $146.28. Nevertheless, the first resistance level for the watch stands at $153.63 in the near term. At $154.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $156.48. If the price goes on to break the first support level at $150.78, it is likely to go to the next support level at $148.91. The third support level lies at $147.93 if the price breaches the second support level.
TE Connectivity plc (NYSE: TEL) Key Stats
There are 303,919K outstanding shares of the company, which has a market capitalization of 46.39 billion. As of now, sales total 16,034 M while income totals 1,910 M. Its latest quarter income was 3,979 M while its last quarter net income were 573,000 K.
