On Tuesday, TE Connectivity plc (NYSE: TEL) opened lower -0.64% from the last session, before settling in for the closing price of $150.10. Price fluctuations for TEL have ranged from $123.79 to $159.98 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 3.90%. Company’s average yearly earnings per share was noted 7.47% at the time writing. With a float of $303.54 million, this company’s outstanding shares have now reached $316.57 million.
Considering the fact that the conglomerate employs 90000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 34.48%, operating margin of 18.04%, and the pretax margin is 17.65%.
TE Connectivity plc (TEL) Insider Activity
A key investor’s attitude towards the stock of the Electronic Components industry is another important factor to consider. The insider ownership of TE Connectivity plc is 0.13%, while institutional ownership is 93.47%. 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) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.84 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.71) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.09% during the next five years compared to 12.72% growth over the previous five years of trading.
TE Connectivity plc (NYSE: TEL) Trading Performance Indicators
Check out the current performance indicators for TE Connectivity plc (TEL). In the past quarter, the stock posted a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.86. Likewise, its price to free cash flow for the trailing twelve months is 16.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.27, a number that is poised to hit 1.89 in the next quarter and is forecasted to reach 9.04 in one year’s time.
Technical Analysis of TE Connectivity plc (TEL)
Compared to the last year’s volume of 1.84 million, its volume of 1.89 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 59.66%. Additionally, its Average True Range was 3.20.
During the past 100 days, TE Connectivity plc’s (TEL) raw stochastic average was set at 44.07%, which indicates a significant decrease from 56.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.94% in the past 14 days, which was lower than the 22.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $147.80, while its 200-day Moving Average is $146.74. Nevertheless, the first resistance level for the watch stands at $151.15 in the near term. At $153.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $154.74. If the price goes on to break the first support level at $147.56, it is likely to go to the next support level at $145.98. Should the price break the second support level, the third support level stands at $143.97.
TE Connectivity plc (NYSE: TEL) Key Stats
There are currently 303,919K shares outstanding in the company with a market cap of 45.33 billion. Presently, the company’s annual sales total 15,845 M according to its annual income of 3,193 M. Last quarter, the company’s sales amounted to 4,068 M and its income totaled 276,000 K.
