TE Connectivity Ltd. (NYSE:TEL) has a beta of 1.35, a 12-month trailing P/E ratio of 42.06, and a growth ratio of 3.82. The stock’s Relative Strength Index (RSI) is 49.22, with weekly volatility at 2.22% and ATR at 3.05. The TEL stock’s 52-week price range has touched low of $74.90 and a $138.99 high. Its shares traded higher over the last trading session, gaining 1.10% on 05/19/21. The shares fell to a low of $129.225 before closing at $132.70. Intraday shares traded counted 1.53 million, which was 12.83% higher than its 30-day average trading volume of 1.75M. TEL’s previous close was $131.25 while the outstanding shares total 331.00M.
Investors have identified the Electronic Components company TE Connectivity Ltd. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $42.95 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
TE Connectivity Ltd. (TEL) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 7.42 billion total, with 5.04 billion as their total liabilities.
TEL were able to record 936.0 million as free cash flow during the 07/28/2021 quarter of the year, this saw their quarterly net cash flow reduce by 803.0 million. In cash movements, the company had a total of 1.22 billion as operating cash flow.
Potential earnings growth for TE Connectivity Ltd. (TEL)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/28/2021 quarter of the year, TE Connectivity Ltd. recorded a total of 3.74 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 14.53% coming in sequential stages and their sales for the 07/28/2021 quarter increasing by 5.78%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 2.53 billion trying to sell their products during the last quarter, with the result yielding a gross income of 1.21 billion. This allows shareholders to hold on to 331.00M with the recently reported earning now reading 1.51 cents per share. This is a figure that compared to analyst’s prediction for their 07/28/2021 (1.57 cents a share).
Having a look at the company’s valuation, the company is expected to record 6.68 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TEL sounds very interesting.
Is the stock of TEL attractive?
In related news, Director, Phelan Daniel J bought 118 shares of the company’s stock in a transaction that recorded on Apr 26. The purchase was performed at an average price of 135.11, for a total value of 15,943. As the purchase deal closes, the President, Transportation Sol., MERKT STEVEN T now sold 142,545 shares of the company’s stock, valued at 18,605,958. Also, Sr VP & Corporate Controller, Ott Robert J sold 32,500 shares of the company’s stock in a deal that was recorded on Feb 19. The shares were cost at an average price of 131.50 per share, with a total market value of 4,273,597. Following this completion of disposal, the Chief Exec. Officer & Director, CURTIN TERRENCE R now holds 70,250 shares of the company’s stock, valued at 8,974,171. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
10 out of 19 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on TE Connectivity Ltd.. 0 analysts has assigned a Sell rating on the TEL stock. The 12-month mean consensus price target for the company’s shares has been set at $146.33.