TE Connectivity plc (TEL) posted a 1.98% change over the last five days signaling a new trend

TE Connectivity plc (NYSE: TEL) on Tuesday, plunged -1.88% from the previous trading day, before settling in for the closing price of $152.73. Within the past 52 weeks, TEL’s price has moved between $128.52 and $159.98.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Technology Sector giant was 3.90%. The company achieved an average annual earnings per share of 7.24%. With a float of $298.78 million, this company’s outstanding shares have now reached $299.92 million.

Let’s determine the extent of company efficiency that accounts for 87000 employees. 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) Breakdown of a Key Holders of the stock

Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of TE Connectivity plc is 0.13%, while institutional ownership is 86.07%. The most recent insider transaction that took place on Nov 21 ’24, was worth 7,957,174. Before that another transaction happened on Nov 11 ’24, when Company’s Chief Exec. Officer & Director sold 115,000 for $154.69, making the entire transaction worth $17,789,725. This insider now owns 54,969 shares in total.

TE Connectivity plc (TEL) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 7.24% 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 12.73% growth over the previous five years of trading.

TE Connectivity plc (NYSE: TEL) Trading Performance Indicators

TE Connectivity plc (TEL) is currently performing well based on its current performance indicators. A quick ratio of 1.08 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.83. Likewise, its price to free cash flow for the trailing twelve months is 16.03.

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 9.03 in one year’s time.

Technical Analysis of TE Connectivity plc (TEL)

Looking closely at TE Connectivity plc (NYSE: TEL), its last 5-days average volume was 1.54 million, which is a drop from its year-to-date volume of 1.82 million. As of the previous 9 days, the stock’s Stochastic %D was 55.76%. Additionally, its Average True Range was 3.30.

During the past 100 days, TE Connectivity plc’s (TEL) raw stochastic average was set at 47.78%, which indicates a significant increase from 38.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.01% in the past 14 days, which was lower than the 23.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $149.14, while its 200-day Moving Average is $147.43. However, in the short run, TE Connectivity plc’s stock first resistance to watch stands at $152.13. Second resistance stands at $154.41. The third major resistance level sits at $155.67. If the price goes on to break the first support level at $148.59, it is likely to go to the next support level at $147.33. Now, if the price goes above the second support level, the third support stands at $145.05.

TE Connectivity plc (NYSE: TEL) Key Stats

Market capitalization of the company is 44.83 billion based on 299,162K outstanding shares. Right now, sales total 15,845 M and income totals 3,193 M. The company made 4,068 M in profit during its latest quarter, and 276,000 K in sales during its previous quarter.