Amphenol (NYSE:APH) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Amphenol (NYSE:APH - Get Free Report) released its quarterly earnings results on Wednesday. The electronics maker reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05, Briefing.com reports. The business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4,051,810 billion. Amphenol had a net margin of 15.40% and a return on equity of 24.68%. The company's quarterly revenue was up 29.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.82 earnings per share. Amphenol updated its Q1 guidance to $0.49-0.51 EPS and its Q1 2025 guidance to 0.490-0.510 EPS.

Amphenol Trading Up 7.0 %

Shares of APH stock traded up $5.12 during mid-day trading on Wednesday, reaching $77.84. The company's stock had a trading volume of 14,380,528 shares, compared to its average volume of 7,132,444. The company's 50 day simple moving average is $71.75 and its 200-day simple moving average is $67.79. Amphenol has a 12-month low of $48.52 and a 12-month high of $78.25. The company has a quick ratio of 1.33, a current ratio of 1.99 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $93.84 billion, a PE ratio of 44.73, a price-to-earnings-growth ratio of 1.89 and a beta of 1.24.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 17th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Tuesday, December 17th. Amphenol's dividend payout ratio is presently 37.93%.

Insider Activity

In related news, insider Peter Straub sold 132,000 shares of the firm's stock in a transaction on Friday, November 8th. The shares were sold at an average price of $74.12, for a total transaction of $9,783,840.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Craig A. Lampo sold 150,000 shares of the firm's stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $68.76, for a total transaction of $10,314,000.00. Following the transaction, the chief financial officer now directly owns 218,116 shares of the company's stock, valued at approximately $14,997,656.16. This represents a 40.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,842,672 shares of company stock valued at $128,858,080. Company insiders own 1.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on APH shares. TD Cowen raised their target price on shares of Amphenol from $60.00 to $63.00 and gave the stock a "hold" rating in a research report on Friday, October 25th. Robert W. Baird raised their target price on shares of Amphenol from $71.00 to $77.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. Citigroup raised their target price on shares of Amphenol from $81.00 to $82.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. Evercore ISI raised their target price on shares of Amphenol from $75.00 to $80.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. Finally, Truist Financial raised their target price on shares of Amphenol from $76.00 to $82.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $69.79.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.