Amphenol Corp. [APH] stock Downgrade by BofA Securities analyst, price target now $71

Amphenol Corp. [NYSE: APH] price surged by 1.47 percent to reach at $0.88.

The one-year APH stock forecast points to a potential upside of 17.51. The average equity rating for APH stock is currently 2.00, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Amphenol Corp. [APH]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for APH shares is $73.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on APH stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Amphenol Corp. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 04, 2024. While these analysts kept the previous recommendation, Vertical Research raised their target price to Hold. The new note on the price target was released on July 23, 2024, representing the official price target for Amphenol Corp. stock. Previously, the target price had yet another raise to $150, while Seaport Research Partners analysts kept a Buy rating on APH stock.

The Average True Range (ATR) for Amphenol Corp. is set at 1.97, with the Price to Sales ratio for APH stock in the period of the last 12 months amounting to 5.46. The Price to Book ratio for the last quarter was 8.14, with the Price to Cash per share for the same quarter was set at 1.08. Price to Free Cash Flow for APH in the course of the last twelve months was 31.69 with Quick ratio for the last quarter at 1.32.

APH Stock Performance Analysis:

Amphenol Corp. [APH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.96. With this latest performance, APH shares dropped by -2.63% in over the last four-week period, additionally plugging by 10.01% over the last 6 months – not to mention a rise of 40.01% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for APH stock in for the last two-week period is set at 38.02, with the RSI for the last a single of trading hit 33.52, and the three-weeks RSI is set at 40.99 for Amphenol Corp. [APH]. The present Moving Average for the last 50 days of trading for this stock 65.03, while it was recorded at 61.13 for the last single week of trading, and 58.17 for the last 200 days.

Insight into Amphenol Corp. Fundamentals:

Amphenol Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.32 and a Current Ratio set at 2.02.

APH Stock EPS

With the latest financial reports released by the company, Amphenol Corp. posted 0.39/share EPS, while the average EPS was predicted by analysts to be reported at 0.37/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for APH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Amphenol Corp. go to 16.90%.

Amphenol Corp. [APH] Institutonal Ownership Details

There are presently around $96.88%, or 97.39%% of APH stock, in the hands of institutional investors. The top three institutional holders of APH stocks are: VANGUARD GROUP INC with ownership of 148.84 million shares, which is approximately 12.4034%. FMR LLC, holding 102.0 million shares of the stock with an approximate value of $$6.87 billion in APH stocks shares; and FMR LLC, currently with $$6.25 billion in APH stock with ownership which is approximately 7.7307%.

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