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NYSE:TEL

TE Connectivity (TEL) Stock Price, News & Analysis

$143.38
-3.69 (-2.51%)
(As of 09/6/2024 ET)
Today's Range
$142.93
$148.09
50-Day Range
$142.02
$159.67
52-Week Range
$115.00
$159.98
Volume
1.77 million shs
Average Volume
1.26 million shs
Market Capitalization
$43.58 billion
P/E Ratio
13.12
Dividend Yield
1.81%
Price Target
$158.45

TE Connectivity MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
10.5% Upside
$158.45 Price Target
Short Interest
Healthy
0.76% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.73
Upright™ Environmental Score
News Sentiment
1.25mentions of TE Connectivity in the last 14 days
Based on 13 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.

4.87 out of 5 stars

Computer And Technology Sector

29th out of 594 stocks

Electronic Parts & Equipment, Not Elsewhere Classified Industry

1st out of 5 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) Rating Increased to Outperform at Wolfe Research
TE Connectivity (NYSE:TEL) Now Covered by StockNews.com
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
ROG Oct 2024 95.000 put (ROG241018P00095000)
TEL Sep 2024 165.000 put (TEL240920P00165000)
TEL Sep 2024 145.000 call
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
TE Connectivity's (NYSE:TEL) Dividend Will Be $0.65
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
9/07/2024
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
+10.5%
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
$9.06 per share
Book Value
$41.56 per share

Miscellaneous

Free Float
303,594,000
Market Cap
$43.58 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 stock has been trading up, showing positive momentum in the market.
  • Recent insider selling activities indicate confidence in the company's performance and future prospects.
  • Analysts have issued positive ratings and target price upgrades for TE Connectivity, suggesting growth potential.
  • TE Connectivity reported earnings per share that beat analysts' estimates, indicating strong financial performance.
  • The company has a solid return on equity of 18.53%, reflecting efficient use of shareholder funds.

Cons

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

  • Despite positive analyst ratings, some have downgraded TE Connectivity, indicating potential risks or challenges ahead.
  • Insiders have sold a significant number of shares in the last three months, which could raise concerns about future performance.
  • The company's stock price has experienced fluctuations, which may introduce volatility to investment returns.
  • TE Connectivity's debt-to-equity ratio of 0.23 may suggest a moderate level of financial leverage that could impact stability.
  • While revenue was slightly up, the company's revenue growth rate was minimal, potentially signaling a slower business expansion.
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 Thursday, August 22, 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 on January 1st, 2024. Since then, TEL shares have increased by 2.0% and is now trading at $143.38.
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, beating the consensus estimate of $1.86 by $0.05. TE Connectivity'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 initiated a stock repurchase plan on Tuesday, December 12th 2023, which authorizes the company to buy back $1,500,000,000 in shares, according to EventVestor. This means that the company could buy up to 3.4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

What is Terrence Curtin's approval rating as TE Connectivity's CEO?

361 employees have rated TE Connectivity Chief Executive Officer Terrence Curtin on Glassdoor.com. Terrence Curtin has an approval rating of 89% among the company's employees.

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 others.

Who are TE Connectivity's major shareholders?

Top institutional shareholders of TE Connectivity 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 9/7/2024 by MarketBeat.com Staff

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