Amphenol Corporation (NYSE:APH – Get Free Report) declared a quarterly dividend on Thursday, February 5th. Stockholders of record on Monday, March 23rd will be paid a dividend of 0.25 per share by the electronics maker on Tuesday, April 14th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, March 23rd.
Amphenol has raised its dividend payment by an average of 0.2%per year over the last three years. Amphenol has a payout ratio of 34.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Amphenol to earn $2.64 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 37.9%.
Amphenol Trading Down 1.8%
Shares of NYSE:APH opened at $127.60 on Friday. The business has a 50-day moving average price of $141.35 and a 200-day moving average price of $128.31. The stock has a market cap of $156.19 billion, a price-to-earnings ratio of 38.20, a PEG ratio of 1.37 and a beta of 1.20. Amphenol has a 52-week low of $56.45 and a 52-week high of $167.04. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08.
Analysts Set New Price Targets
APH has been the topic of several analyst reports. Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. JPMorgan Chase & Co. raised their target price on Amphenol from $160.00 to $185.00 and gave the stock an “overweight” rating in a report on Tuesday, January 27th. Truist Financial set a $182.00 price target on Amphenol in a report on Tuesday, January 13th. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. Finally, Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and lifted their target price for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $151.38.
Check Out Our Latest Report on Amphenol
Amphenol Company Profile
Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.
Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.
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