TE Connectivity (NYSE:TEL – Get Free Report) announced its quarterly earnings data on Wednesday. The electronics maker reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.06, Zacks reports. The business had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3,916,310.63 billion. TE Connectivity had a return on equity of 18.48% and a net margin of 20.15%. The firm’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.84 earnings per share. TE Connectivity updated its Q2 2025 guidance to 1.960-1.960 EPS and its Q2 guidance to ~$1.96 EPS.
TE Connectivity Price Performance
NYSE TEL opened at $148.23 on Wednesday. The company has a market capitalization of $44.24 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 1.99 and a beta of 1.32. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.08 and a current ratio of 1.61. The business’s fifty day moving average is $147.53 and its 200 day moving average is $148.77. TE Connectivity has a fifty-two week low of $133.00 and a fifty-two week high of $159.98.
Analyst Upgrades and Downgrades
TEL has been the subject of a number of research analyst reports. Wells Fargo & Company reduced their target price on TE Connectivity from $153.00 to $151.00 and set an “equal weight” rating for the company in a report on Monday, December 16th. HSBC lowered TE Connectivity from a “hold” rating to a “reduce” rating and set a $137.00 target price for the company. in a report on Thursday, October 31st. StockNews.com raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 18th. Hsbc Global Res lowered TE Connectivity from a “hold” rating to a “moderate sell” rating in a report on Thursday, October 31st. Finally, The Goldman Sachs Group cut their price objective on TE Connectivity from $189.00 to $179.00 and set a “buy” rating for the company in a report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, five have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, TE Connectivity currently has a consensus rating of “Moderate Buy” and a consensus price target of $160.70.
TE Connectivity declared that its board has authorized a stock buyback plan on Wednesday, October 30th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the electronics maker to repurchase up to 5.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its shares are undervalued.
About TE Connectivity
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.
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