Te Connectivity Ltd (NYSE:TEL) shares traded 2.01% up during most recent session to reach at the closing price of $77.07. The stock exchanged hands 1.77 Million shares versus average trading capacity of 2.48 Million shares, yielding a market cap of $26.76 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $95.87 within the next 52-weeks. The mean target projections are based on 15 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Te Connectivity Ltd (NYSE:TEL) high price target of $117 and with a conservative view have low price target of $82.
Jefferies “Initiates Coverage On” Te Connectivity Ltd (NYSE:TEL) in a research note issued to investors on 12/04/18 to Hold with price target of $84.
Additionally on 10/03/18 Morgan Stanley “Maintained” Te Connectivity Ltd (NYSE:TEL) to Overweight setting price target at $102 and on 10/01/18 Baird “Downgrades” the stock to Neutral at $0. Furthermore on 9/17/18 Morgan Stanley “Maintained” the stock to Overweight at $107.
On the other hand the company has Relative Strength Index (RSI 14) of 56.28 along with Average True Range (ATR 14) of 2.18, Consequently Te Connectivity Ltd (NYSE:TEL)’s weekly and monthly volatility is 2.69%, 2.74% respectively. The company’s beta value is at 1.05.
In terms of Buy, Sell or Hold recommendations, Te Connectivity Ltd (NYSE:TEL) has analysts’ mean recommendation of 1.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Te Connectivity Ltd (NYSE:TEL)’s minimum EPS for the current quarter is at $1.26 and can go high up to $1.31. The consensus mean EPS for the current quarter is at $1.28 derived from a total of 16 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.4 earnings per share for the same quarter during last year.
Previously Te Connectivity Ltd (NYSE:TEL) reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.02. The company posted an earnings surprise of 1.5%.
Te Connectivity Ltd (NYSE:TEL)’s revenue estimates for the current quarter are $3.39 Billion according to 14 number of analysts, for the current quarter the company has high revenue estimates of $3.44 Billion in contradiction of low revenue estimates of $3.36 Billion. For the current year the company’s revenue estimates are $14.17 Billion compared to low analyst estimates of $14.02 Billion and high estimates of $14.25 Billion according to 16 number of analysts.
Currently Te Connectivity Ltd (NYSE:TEL)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 95.4%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.05%.
Te Connectivity Ltd (NYSE:TEL)’s trailing twelve month revenues are $13.99 Billion, whereas its price to sales ratio for the same period is 1.91. Its book value per share for the most recent quarter is $31.21 while its price to book ratio for the same period is 2.47, as for as the company’s cash per share for the most recent quarter is $2.44, however its price to cash per share ratio for the same period is 31.56. The stock has 5 year expected PEG ratio of 0.83 whereas its trailing twelve month P/E ratio is 8.59.