Financial Health Report: TE Connectivity Ltd (TEL)’s Ratios Tell a Tale

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TE Connectivity Ltd (NYSE: TEL) closed the day trading at $146.19 up 0.06% from the previous closing price of $146.10. In other words, the price has increased by $0.06 from its previous closing price. On the day, 1.1 million shares were traded. TEL stock price reached its highest trading level at $147.19 during the session, while it also had its lowest trading level at $145.88.

Ratios:

For a better understanding of TEL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 38.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.78. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.24.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on April 09, 2024, initiated with a Buy rating and assigned the stock a target price of $180.

On January 05, 2024, Citigroup started tracking the stock assigning a Neutral rating and target price of $146.

On December 15, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $144.Wells Fargo initiated its Equal Weight rating on December 15, 2023, with a $144 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 29 ’24 when Trudeau Mark sold 7,044 shares for $141.49 per share. The transaction valued at 996,656 led to the insider holds 5,917 shares of the business.

Kroeger Shadrak W sold 5,000 shares of TEL for $713,796 on Mar 01 ’24. The Pres., Industrial Solutions now owns 25,976 shares after completing the transaction at $142.76 per share. On Jan 29 ’24, another insider, MERKT STEVEN T, who serves as the President, Transportation Sol. of the company, sold 99,777 shares for $144.00 each. As a result, the insider received 14,367,888 and left with 30,459 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TEL now has a Market Capitalization of 44767473664 and an Enterprise Value of 47935545344. As of this moment, TE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.39, and their Forward P/E ratio for the next fiscal year is 17.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.83 while its Price-to-Book (P/B) ratio in mrq is 3.60. Its current Enterprise Value per Revenue stands at 3.028 whereas that against EBITDA is 13.238.

Stock Price History:

Over the past 52 weeks, TEL has reached a high of $147.98, while it has fallen to a 52-week low of $115.00. The 50-Day Moving Average of the stock is 2.59%, while the 200-Day Moving Average is calculated to be 8.46%.

Shares Statistics:

Over the past 3-months, TEL traded about 2.10M shares per day on average, while over the past 10 days, TEL traded about 1529980 shares per day. A total of 311.98M shares are outstanding, with a floating share count of 305.67M. Insiders hold about 0.18% of the company’s shares, while institutions hold 89.28% stake in the company. Shares short for TEL as of 1714435200 were 2393530 with a Short Ratio of 1.14, compared to 1711584000 on 2975646. Therefore, it implies a Short% of Shares Outstanding of 2393530 and a Short% of Float of 0.88.

Dividends & Splits

TEL’s forward annual dividend rate is 2.36, up from 2.36 a year ago. Against a Trailing Annual Dividend Yield of 0.016153319The stock’s 5-year Average Dividend Yield is 1.75.

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