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NYSE:TEL

TE Connectivity (TEL) Stock Price, News & Analysis

$145.66
-0.18 (-0.12%)
(As of 03:26 PM ET)
Today's Range
$145.02
$146.34
50-Day Range
$142.02
$159.67
52-Week Range
$115.00
$159.98
Volume
787,204 shs
Average Volume
1.89 million shs
Market Capitalization
$44.27 billion
P/E Ratio
13.33
Dividend Yield
1.78%
Price Target
$158.45

TE Connectivity MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
8.8% Upside
$158.45 Price Target
Short Interest
Healthy
0.91% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.73
Upright™ Environmental Score
News Sentiment
0.69mentions of TE Connectivity in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$11.04 M Sold Last Quarter
Proj. Earnings Growth
7.66%
From $7.57 to $8.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.18 out of 5 stars

Computer And Technology Sector

161st out of 602 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

2nd out of 7 stocks

TEL stock logo

About TE Connectivity Stock (NYSE:TEL)

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment provides terminals and connector systems and components, sensors, relays, antennas, and application tooling products for use in the automotive, commercial transportation, and sensor markets. The Industrial Solutions segment offers terminals and connector systems and components; and interventional medical components, relays, heat shrink tubing, and wires and cables for industrial equipment, aerospace, defense, marine, medical, and energy markets. The Communications Solutions segment supplies electronic components, such as terminals and connector systems and components, relays, heat shrink tubing, and antennas for the data and devices, and appliances markets. The company sells its products to approximately 140 countries primarily through direct sales to manufacturers, as well as through third-party distributors. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity Ltd. in March 2011. TE Connectivity Ltd. was founded in 1941 and is based in Schaffhausen, Switzerland.

TEL Stock Price History

TEL Stock News Headlines

TE Connectivity (NYSE:TEL) Now Covered by StockNews.com
What Is TE Connectivity Ltd.'s (NYSE:TEL) Share Price Doing?
Introducing the Perceptron
On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.
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Introducing the Perceptron
On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.
TEL Sep 2024 165.000 put (TEL240920P00165000)
TEL Sep 2024 145.000 call
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 9/6 Dividend
8/23/2024
Dividend Payable
9/06/2024
Today
9/16/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/06/2024

Industry, Sector and Symbol

Industry
Electronic parts & equipment, not elsewhere classified
Sub-Industry
Wholesale
Employees
90,000
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$158.45
High Stock Price Target
$180.00
Low Stock Price Target
$140.00
Potential Upside/Downside
+8.6%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
14 Analysts

Profitability

Net Income
$1.91 billion
Pretax Margin
17.54%

Debt

Sales & Book Value

Annual Sales
$16.03 billion
Cash Flow
$9.45 per share
Book Value
$36.79 per share

Miscellaneous

Free Float
303,594,000
Market Cap
$44.32 billion
Optionable
Optionable
Beta
1.33

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Should I Buy TE Connectivity Stock? TEL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in TE Connectivity Ltd.:

  • TE Connectivity Ltd. has shown consistent revenue growth over recent quarters, indicating a strong financial performance.
  • Insiders have been actively selling shares, which could be interpreted as a positive sign of confidence in the company's future prospects.
  • The stock price of TE Connectivity Ltd. has been steadily increasing, suggesting positive market sentiment and potential for capital appreciation.
  • TE Connectivity Ltd. has a solid return on equity of 18.53%, demonstrating efficient utilization of shareholder funds.
  • Analysts have maintained a "hold" rating on the stock, indicating stability and potential for steady growth.

Cons

Investors should be bearish about investing in TE Connectivity Ltd. for these reasons:

  • TE Connectivity Ltd. insiders have sold a significant number of shares in the last ninety days, which may raise concerns about future performance.
  • The company's debt-to-equity ratio of 0.23 could indicate a reliance on debt financing, potentially increasing financial risk.
  • TE Connectivity Ltd. has a beta of 1.33, suggesting higher volatility compared to the market average, which may not suit risk-averse investors.
  • The PEG ratio of 1.95 may indicate that the stock is currently overvalued relative to its earnings growth potential.
  • While revenue was slightly up in the latest quarter, the company missed analyst estimates, signaling potential challenges in meeting market expectations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 9, 2024. Please send any questions or comments about these TE Connectivity pros and cons to contact@marketbeat.com.

TEL Stock Analysis - Frequently Asked Questions

How have TEL shares performed this year?

TE Connectivity's stock was trading at $140.50 at the start of the year. Since then, TEL shares have increased by 3.6% and is now trading at $145.60.
View the best growth stocks for 2024 here
.

How were TE Connectivity's earnings last quarter?

TE Connectivity Ltd. (NYSE:TEL) issued its quarterly earnings results on Wednesday, July, 24th. The electronics maker reported $1.91 earnings per share for the quarter, topping analysts' consensus estimates of $1.86 by $0.05. The business's revenue was up .1% on a year-over-year basis.
Read the conference call transcript
.

Is TE Connectivity buying back stock?

TE Connectivity's Board of Directors initiated a share repurchase plan on Tuesday, December 12th 2023, which allows the company to repurchase $1,500,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 3.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

Does TE Connectivity have any subsidiaries?

TE Connectivity subsidiaries include these companies: First Sensor, Alpha Technics, ABB ENTRELEC terminal block business, MicroGroup, Creganna, AdvancedCath, Polamco, and more.

Who are TE Connectivity's major shareholders?

TE Connectivity's top institutional shareholders include Ameriprise Financial Inc. (2.07%), Massachusetts Financial Services Co. MA (1.58%), Clearbridge Investments LLC (1.48%) and Impax Asset Management Group plc (1.15%). Insiders that own company stock include Terrence R Curtin, Heath A Mitts, Steven T Merkt, Shadrak W Kroeger, Robert J Ott, John S Jenkins, Aaron Kyle Stucki, Tim Murphy, Thomas J Lynch and Mark Trudeau.
View institutional ownership trends
.

How do I buy shares of TE Connectivity?

Shares of TEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of TE Connectivity own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TE Connectivity investors own include Intel (INTC), NVIDIA (NVDA), Bank of America (BAC), Home Depot (HD), AT&T (T), Walt Disney (DIS) and JPMorgan Chase & Co. (JPM).

This page (NYSE:TEL) was last updated on 9/16/2024 by MarketBeat.com Staff

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