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

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

Amphenol Stock Up 0.9 %

NYSE APH opened at $78.54 on Friday. The stock has a market capitalization of $94.69 billion, a P/E ratio of 45.14, a price-to-earnings-growth ratio of 1.98 and a beta of 1.24. Amphenol has a 52 week low of $49.38 and a 52 week high of $78.82. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.33 and a current ratio of 1.99. The stock has a fifty day moving average of $71.86 and a 200-day moving average of $67.86.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend was Tuesday, December 17th. Amphenol’s dividend payout ratio is 37.93%.

Insider Activity

In related news, CFO Craig A. Lampo sold 150,000 shares of the stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $68.76, for a total value of $10,314,000.00. Following the transaction, the chief financial officer now directly owns 218,116 shares in the company, valued at $14,997,656.16. This represents a 40.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP David M. Silverman sold 180,000 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $68.84, for a total transaction of $12,391,200.00. Following the sale, the vice president now owns 14,000 shares of the company’s stock, valued at $963,760. The trade was a 92.78 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,842,672 shares of company stock valued at $128,858,080 over the last 90 days. 1.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on APH. Citigroup upped their price objective on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, January 17th. The Goldman Sachs Group upped their price target on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research report on Thursday. Evercore ISI lifted their price objective on Amphenol from $75.00 to $80.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Truist Financial upped their target price on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday. Finally, TD Cowen boosted their price target on shares of Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Amphenol has an average rating of “Moderate Buy” and a consensus target price of $77.92.

About Amphenol

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.