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After finishing at $146.29 in the prior trading day, TE Connectivity plc (NYSE: TEL) closed at $144.83, down -1.00%. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 1.36 million shares were traded. TEL stock price reached its highest trading level at $146.55 during the session, while it also had its lowest trading level at $144.69.
Ratios:
Our goal is to gain a better understanding of TEL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.23.
On July 24, 2024, HSBC Securities Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $162.
On July 23, 2024, Vertical Research started tracking the stock assigning a Hold rating and target price of $155.Vertical Research initiated its Hold rating on July 23, 2024, with a $155 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 Sep 03 ’24 when Kroeger Shadrak W sold 8,750 shares for $151.41 per share. The transaction valued at 1,324,799 led to the insider holds 25,976 shares of the business.
SHADRAK KROEGER bought 8,750 shares of TEL for $1,324,799 on Sep 03 ’24. On Aug 13 ’24, another insider, Jenkins John S, who serves as the EVP & General Counsel of the company, sold 6,149 shares for $145.56 each. As a result, the insider received 895,048 and left with 21,623 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 44016590848 and an Enterprise Value of 46881861632. As of this moment, TE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.03, and their Forward P/E ratio for the next fiscal year is 17.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.78 while its Price-to-Book (P/B) ratio in mrq is 3.49. Its current Enterprise Value per Revenue stands at 2.965 whereas that against EBITDA is 12.709.
Stock Price History:
Over the past 52 weeks, TEL has reached a high of $159.98, while it has fallen to a 52-week low of $115.00. The 50-Day Moving Average of the stock is -1.86%, while the 200-Day Moving Average is calculated to be -0.54%.
Shares Statistics:
The stock has traded on average 1.68M shares per day over the past 3-months and 1294620 shares per day over the last 10 days, according to various share statistics. A total of 311.98M shares are outstanding, with a floating share count of 303.54M. Insiders hold about 0.13% of the company’s shares, while institutions hold 94.13% stake in the company. Shares short for TEL as of 1727654400 were 5114619 with a Short Ratio of 1.85, compared to 1724976000 on 2758496. Therefore, it implies a Short% of Shares Outstanding of 5114619 and a Short% of Float of 1.91.
Dividends & Splits
In the trailing 12 months, TEL’s forward annual dividend rate was 2.42, compared to 2.48 this year. Against a Trailing Annual Dividend Yield of 0.016542485The stock’s 5-year Average Dividend Yield is 1.72.
