Equities research analysts expect that Amphenol Corporation (NYSE:APH) will post $0.72 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Amphenol Corporation’s earnings, with estimates ranging from $0.71 to $0.72. Amphenol Corporation posted earnings per share of $0.65 in the same quarter last year, which would suggest a positive year-over-year growth rate of 10.8%. The company is scheduled to announce its next quarterly earnings report before the market opens on Wednesday, July 26th.

On average, analysts expect that Amphenol Corporation will report full year earnings of $2.95 per share for the current fiscal year, with EPS estimates ranging from $2.91 to $2.97. For the next year, analysts expect that the firm will post earnings of $3.18 per share, with EPS estimates ranging from $3.10 to $3.23. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Amphenol Corporation.

Amphenol Corporation (NYSE:APH) last posted its quarterly earnings data on Wednesday, April 26th. The electronics maker reported $0.71 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.05. The firm had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Amphenol Corporation had a net margin of 13.93% and a return on equity of 24.24%. The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company posted $0.59 EPS.

A number of research firms recently issued reports on APH. Stifel Nicolaus reaffirmed a “hold” rating and set a $72.00 price target on shares of Amphenol Corporation in a research note on Friday. BidaskClub raised shares of Amphenol Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday. Goldman Sachs Group, Inc. (The) downgraded shares of Amphenol Corporation from a “buy” rating to a “neutral” rating and upped their price target for the company from $75.00 to $78.00 in a research note on Wednesday, July 5th. Zacks Investment Research downgraded shares of Amphenol Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. Finally, Royal Bank Of Canada upped their price target on shares of Amphenol Corporation from $77.00 to $80.00 and gave the company a “top pick” rating in a research note on Tuesday, June 27th. Four analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Amphenol Corporation has an average rating of “Buy” and an average price target of $78.38.

In other news, CFO Craig A. Lampo sold 15,000 shares of the stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $72.86, for a total value of $1,092,900.00. Following the sale, the chief financial officer now owns 40,000 shares of the company’s stock, valued at $2,914,400. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Richard Adam Norwitt sold 200,000 shares of the stock in a transaction on Monday, May 15th. The shares were sold at an average price of $73.10, for a total transaction of $14,620,000.00. Following the completion of the sale, the chief executive officer now directly owns 293,992 shares in the company, valued at approximately $21,490,815.20. The disclosure for this sale can be found here. In the last three months, insiders sold 893,000 shares of company stock worth $66,184,060. Insiders own 2.92% of the company’s stock.

Several large investors have recently made changes to their positions in APH. Birch Hill Investment Advisors LLC purchased a new stake in shares of Amphenol Corporation during the first quarter valued at $105,000. YorkBridge Wealth Partners LLC boosted its position in Amphenol Corporation by 300.0% in the first quarter. YorkBridge Wealth Partners LLC now owns 1,600 shares of the electronics maker’s stock worth $114,000 after buying an additional 1,200 shares during the last quarter. Israel Discount Bank of New York bought a new position in Amphenol Corporation during the first quarter worth approximately $121,000. Pinnacle Bank bought a new position in Amphenol Corporation during the first quarter worth approximately $122,000. Finally, Israel Discount Bank of New York GFN bought a new position in Amphenol Corporation during the fourth quarter worth approximately $117,000. 96.64% of the stock is currently owned by institutional investors and hedge funds.

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Amphenol Corporation (APH) traded down 0.07% during mid-day trading on Tuesday, hitting $74.54. 1,053,416 shares of the stock traded hands. The company has a market cap of $22.78 billion, a P/E ratio of 26.44 and a beta of 0.77. The company’s 50 day moving average is $74.61 and its 200 day moving average is $70.78. Amphenol Corporation has a 12 month low of $58.34 and a 12 month high of $76.67.

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 11th. Stockholders of record on Monday, June 19th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend was Thursday, June 15th. Amphenol Corporation’s dividend payout ratio is currently 22.70%.

Amphenol Corporation Company Profile

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.

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Earnings History and Estimates for Amphenol Corporation (NYSE:APH)

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