$0.68 Earnings Per Share Expected for Amphenol Co. (NYSE:APH) This Quarter

Equities analysts expect Amphenol Co. (NYSE:APHGet Rating) to announce earnings of $0.68 per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Amphenol’s earnings. The highest EPS estimate is $0.68 and the lowest is $0.67. Amphenol reported earnings of $0.61 per share in the same quarter last year, which suggests a positive year over year growth rate of 11.5%. The company is expected to issue its next earnings report on Monday, January 1st.

On average, analysts expect that Amphenol will report full year earnings of $2.82 per share for the current fiscal year, with EPS estimates ranging from $2.76 to $2.88. For the next fiscal year, analysts anticipate that the company will report earnings of $3.04 per share, with EPS estimates ranging from $2.81 to $3.18. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Amphenol.

Amphenol (NYSE:APHGet Rating) last issued its quarterly earnings results on Wednesday, April 27th. The electronics maker reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The business had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Amphenol had a return on equity of 26.69% and a net margin of 14.73%. The business’s quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.52 earnings per share.

APH has been the subject of a number of recent analyst reports. Citigroup dropped their price objective on Amphenol from $100.00 to $90.00 in a research note on Thursday, April 28th. StockNews.com initiated coverage on Amphenol in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Morgan Stanley dropped their price objective on Amphenol from $84.00 to $79.00 and set an “equal weight” rating for the company in a research note on Monday, April 25th. Finally, Robert W. Baird reaffirmed an “outperform” rating and issued a $85.00 price objective on shares of Amphenol in a research note on Friday, April 29th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $84.40.

A number of hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its position in Amphenol by 72.0% during the first quarter. EverSource Wealth Advisors LLC now owns 621 shares of the electronics maker’s stock valued at $47,000 after purchasing an additional 260 shares during the period. Roffman Miller Associates Inc. PA raised its holdings in shares of Amphenol by 5.3% in the first quarter. Roffman Miller Associates Inc. PA now owns 162,301 shares of the electronics maker’s stock worth $12,229,000 after buying an additional 8,152 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Amphenol by 15.9% in the first quarter. The Manufacturers Life Insurance Company now owns 536,534 shares of the electronics maker’s stock worth $40,428,000 after buying an additional 73,574 shares during the period. Toroso Investments LLC raised its holdings in shares of Amphenol by 9.9% in the first quarter. Toroso Investments LLC now owns 7,847 shares of the electronics maker’s stock worth $591,000 after buying an additional 708 shares during the period. Finally, Capital World Investors raised its holdings in shares of Amphenol by 1.4% in the first quarter. Capital World Investors now owns 941,657 shares of the electronics maker’s stock worth $70,954,000 after buying an additional 13,126 shares during the period. Institutional investors and hedge funds own 95.80% of the company’s stock.

APH traded up $1.41 during midday trading on Friday, reaching $71.33. The company had a trading volume of 3,237,811 shares, compared to its average volume of 2,731,984. The company has a market cap of $42.59 billion, a P/E ratio of 26.52, a P/E/G ratio of 2.20 and a beta of 1.21. The company has a quick ratio of 1.72, a current ratio of 2.55 and a debt-to-equity ratio of 0.76. The business has a 50-day moving average of $71.84 and a two-hundred day moving average of $77.32. Amphenol has a 1 year low of $65.84 and a 1 year high of $88.45.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 13th. Shareholders of record on Tuesday, June 21st will be given a dividend of $0.20 per share. The ex-dividend date is Friday, June 17th. This represents a $0.80 dividend on an annualized basis and a yield of 1.12%. Amphenol’s dividend payout ratio (DPR) is presently 29.74%.

About Amphenol (Get Rating)

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.

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Earnings History and Estimates for Amphenol (NYSE:APH)

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