TE Connectivity (NYSE:TEL) Releases Q2 Earnings Guidance

TE Connectivity (NYSE:TELGet Free Report) updated its second quarter earnings guidance on Wednesday. The company provided EPS guidance of ~$1.96 for the period, compared to the consensus EPS estimate of $1.98. The company issued revenue guidance of ~$3.95 billion, compared to the consensus revenue estimate of $4.07 billion. TE Connectivity also updated its Q2 2025 guidance to 1.960-1.960 EPS.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on TEL shares. Hsbc Global Res cut shares of TE Connectivity from a “hold” rating to a “moderate sell” rating in a report on Thursday, October 31st. Bank of America cut their target price on shares of TE Connectivity from $173.00 to $165.00 and set a “buy” rating on the stock in a report on Wednesday, October 9th. StockNews.com raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 18th. HSBC downgraded TE Connectivity from a “hold” rating to a “reduce” rating and set a $137.00 price target on the stock. in a report on Thursday, October 31st. Finally, The Goldman Sachs Group dropped their target price on TE Connectivity from $189.00 to $179.00 and set a “buy” rating on the stock in a research report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, TE Connectivity currently has a consensus rating of “Moderate Buy” and a consensus target price of $160.70.

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TE Connectivity Stock Performance

Shares of TEL opened at $148.23 on Wednesday. TE Connectivity has a 52 week low of $133.00 and a 52 week high of $159.98. The company’s 50 day moving average price is $147.53 and its 200 day moving average price is $148.77. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.08 and a current ratio of 1.61. The company has a market capitalization of $44.24 billion, a PE ratio of 14.43, a PEG ratio of 1.99 and a beta of 1.32.

TE Connectivity (NYSE:TELGet Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.06. TE Connectivity had a return on equity of 18.48% and a net margin of 20.15%. The business had revenue of $3.84 billion for the quarter, compared to analyst estimates of $3,916,310.63 billion. During the same period in the previous year, the company posted $1.84 earnings per share. The firm’s revenue for the quarter was up .1% on a year-over-year basis. Research analysts expect that TE Connectivity will post 8.1 EPS for the current fiscal year.

TE Connectivity declared that its Board of Directors has approved a stock repurchase program on Wednesday, October 30th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the electronics maker to purchase up to 5.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

TE Connectivity Company Profile

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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.

See Also

Earnings History and Estimates for TE Connectivity (NYSE:TEL)

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