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

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

Amphenol Stock Performance

APH stock opened at $78.54 on Friday. The business has a 50 day moving average of $71.86 and a 200-day moving average of $67.86. The firm has a market cap of $94.69 billion, a PE ratio of 45.14, a P/E/G ratio of 1.98 and a beta of 1.24. Amphenol has a 12-month low of $49.38 and a 12-month high of $78.82. The company has a quick ratio of 1.33, a current ratio of 1.99 and a debt-to-equity ratio of 0.53.

Amphenol Dividend Announcement

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

Analyst Ratings Changes

APH has been the topic of several analyst reports. Bank of America upped their price target on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday. Truist Financial raised their target price on shares of Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research note on Thursday. 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. TD Cowen lifted their target price on Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Finally, The Goldman Sachs Group boosted their target price on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.92.

Insider Buying and Selling

In related news, CEO Richard Adam Norwitt sold 900,672 shares of Amphenol stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $68.81, for a total value of $61,975,240.32. Following the completion of the transaction, the chief executive officer now directly owns 1,934,848 shares in the company, valued at approximately $133,136,890.88. The trade was a 31.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Peter Straub sold 132,000 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $74.12, for a total value of $9,783,840.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,842,672 shares of company stock worth $128,858,080. Insiders own 1.80% of the company’s stock.

Amphenol Company Profile

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.