Amphenol Corporation (NYSE:APH) shares traded lower over the last trading session, losing -1.65% on 06/18/21. The shares fell to a low of $65.84 before closing at $66.28. Intraday shares traded counted 4.38 million, which was -68.41% lower than its 30-day average trading volume of 2.60M. APH’s previous close was $67.39 while the outstanding shares total 598.50M. The firm has a beta of 1.25, a 12-month trailing P/E ratio of 31.76, and a growth ratio of 2.65. The stock’s Relative Strength Index (RSI) is 40.00, with weekly volatility at 1.43% and ATR at 1.04. The APH stock’s 52-week price range has touched low of $46.29 and a $69.62 high.
Investors have identified the Electronic Components company Amphenol Corporation 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 $40.27 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.
Amphenol Corporation (APH) 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. For APH, the company has in raw cash 2.33 billion on their books with 526.4 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 6.19 billion total, with 2.55 billion as their total liabilities.
APH were able to record 242.6 million as free cash flow during the 07/28/2021 quarter of the year, this saw their quarterly net cash flow reduce by 625.6 million. In cash movements, the company had a total of 321.0 million as operating cash flow.
Potential earnings growth for Amphenol Corporation (APH)
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, Amphenol Corporation recorded a total of 2.38 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 21.67% coming in sequential stages and their sales for the 07/28/2021 quarter reducing by -2.06%.
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 1.65 billion trying to sell their products during the last quarter, with the result yielding a gross income of 727.5 million. This allows shareholders to hold on to 598.50M with the recently reported earning now reading 0.55 cents per share. This is a figure that compared to analyst’s prediction for their 07/28/2021 (0.52 cents a share).
Having a look at the company’s valuation, the company is expected to record 2.52 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 APH sounds very interesting.
Is the stock of APH attractive?
In related news, Senior Vice President, Gavelle Jean-Luc sold 150,000 shares of the company’s stock in a transaction that recorded on May 21. The sale was performed at an average price of 66.10, for a total value of 9,914,730. As the sale deal closes, the SR VP & CFO, Lampo Craig A now sold 144,000 shares of the company’s stock, valued at 9,823,781. Also, Sr. VP, Secretary & GenCounsel, D’AMICO LANCE E sold 14,867 shares of the company’s stock in a deal that was recorded on May 07. The shares were price at an average price of 68.01 per share, with a total market value of 1,011,070. Following this completion of acquisition, the VP,Grp GM Mobile Consumer Prod, Gu Richard now holds 60,000 shares of the company’s stock, valued at 4,080,870. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
8 out of 17 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Amphenol Corporation. 0 analysts has assigned a Sell rating on the APH stock. The 12-month mean consensus price target for the company’s shares has been set at $74.64.