Amphenol stock: buy or sell?
September 20th, 2019
Amphenol Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of electrical, electronic, and fiber optic connectors worldwide.
Should I buy Amphenol stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Amphenol stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Amphenol stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we detected 8 ratings published for APH stock in the last month. The general sentiment of these ratings is bullish for APH stock, with 7 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-16||Wells Fargo & Co||n/a||Buy|
|2019-7-25||Wells Fargo & Co||n/a||Outperform|
|2019-2-7||Bank of America||Buy||Buy|
Amphenol stock analysis
Amphenol shares declined -0.45% to $93.82 today.
Shares of Amphenol closed today at $93.82 and declined an unpleasant -0.45%. Since price and SMA200d lines crossed up on Sep/11, APH climbed $4.46 (4.99%). From a daily outlook perspective, APH is drawing an uptrend of rising tops and rising bottoms. Since its last top on Monday at $95.95, price slid and found support around $93.08. Breaking down under $93.08 would cancel the current uptrend and it might slide further to test lower supports. Note that $95.95 might act as a resistance line. Trading the long side, we should wait to a new breakout over $95.95 to find the next buy point.
After boosting an outstanding 5.70% in a week last week, Amphenol closed this week at $93.82 and declined a disappointing -0.68%. Late July APH plummed a bloodcurdling -6.96% in just one week.
Since last week when APH stock price broke up the SMA40w line, it gained $4.74 (5.32%). Since SMA20w and SMA40w crossed up late April, APH price slid a -9.82%. Far behind is the all-time high Amphenol hit late April and since then the price is -10.62% below that top.
Amphenol stock price history
Amphenol IPO was on November 8th, 1991 at $0.51 per share1. Since then, APH stock surged a 18,296.10%, with a yearly average of 677.60%. If you had invested $1,000 in Amphenol stock in 1991, it would worth $182,961.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Amphenol stock historical price chart
APH stock reached all-time highs on April with a price of $104.97.
Amphenol stock price target is $106.80Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 5 price targets for APH stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-25||Wells Fargo & Co||Reiterates||$115.00||$105.00||-8.7%|
|2019-7-25||Morgan Stanley||Lowers Target||$108.00||$104.00||-3.7%|
|2019-6-10||Morgan Stanley||Lowers Target||$110.00||$108.00||-1.8%|
|2019-3-5||Morgan Stanley||Raises Target||$100.00||$110.00||10%|
|2019-2-7||Bank of America||Reiterates||$103.00||$107.00||3.9%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on April, Amphenol . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Amphenol annual revenues skyrocketed a super good 16.98% to $8,202.00 million USD from $7,011.30 marked in 2017. Nevertheless, its income margin (compared to revenues) rose to 14.69%, that is $1,205.00 million. Amphenol fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Amphenol TTM sales up to March 2019 were $8,293.60 and income $1,207.00 million USD. If we compare this TTM figures with the last reported annuality, we can esteem Amphenol business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, appreciated a tiny 1.12%. Regarding profit margin, Amphenol remained steady -0.14% to 14.69%
|2013||$4,610 M||-||$636 M13.8%||-|
|2014||$5,346 M||15.95%||$709 M13.3%||11.55%|
|2015||$5,569 M||4.18%||$764 M13.7%||7.67%|
|2016||$6,286 M||12.89%||$823 M13.1%||7.78%|
|2017||$7,011 M||11.53%||$651 M9.3%||-20.95%|
|2018||$8,202 M||16.98%||$1,205 M14.7%||85.24%|
|TTM||$8,294 M||1.12%||$1,207 M14.6%||0.17%|
Quarterly financial resultsAmphenol posted $1,958.50 million in revenues for 2019-Q1, a -11.97% decline compared to previous quarter. Reported quarter earnings marked $267.50 million with a profit margin of 13.66%. Profit margin slightly fell a -1.54% compared to previous quarter when profit margin was 15.20%. When comparing turnover to same quarter last year, Amphenol sales marked a decent gain and grew a 4.91%.
|2017-Q2||$1,670 M||-||$252 M15.1%||-|
|2017-Q3||$1,840 M||10.18%||$278 M15.1%||10.34%|
|2017-Q4||$1,944 M||5.65%||$-103 M-5.3%||-137.26%|
|2018-Q1||$1,867 M||-3.96%||$266 M14.2%||-356.87%|
|2018-Q2||$1,981 M||6.13%||$285 M14.4%||7.23%|
|2018-Q3||$2,129 M||7.45%||$317 M14.9%||11.17%|
|2018-Q4||$2,225 M||4.50%||$338 M15.2%||6.79%|
|2019-Q1||$1,959 M||-11.97%||$268 M13.7%||-20.88%|
Amphenol ownershipWhen you are planning to buy shares of a stock, it's worth to review its ownership structure.
Amphenol shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.42% of all shares.
Bearish positions for APH stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$27.9 B||$2.7 B||$2.3 B||$2.3 B||$5.2 B|
|Total shares||297.5 M||169.1 M||45.5 M||194.1 M||88.0 M|
|Float shares||295.8 M||47.1 M||44.8 M||159.1 M||87.5 M|
|- Institutional holdings (%)||99.0%||26.5%||121.7%||99.8%||92.5%|
|- Insider holdings (%)||0.4%||72.2%||1.9%||1.7%||0.5%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$93.64 - $94.85|
|Average true range||$1.90|
|50d mov avg||$90.66|
|100d mov avg||$92.18|
|200d mov avg||$91.12|
Amphenol performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected AVX, Belden, CommScope, ITT, Methode Electronics, Optical Cable, RF Industries and TE Connectivity as the bechmarking frame for Amphenol stock.
Amphenol competitorsOne check before trading any stock is to review a list of its competitors, in this case for Amphenol. We picked 8 companies as Amphenol competitors as they are in the same industry or have similar market objectives.
- AVX (AVX)
- Belden (BDC)
- CommScope (COMM)
- ITT (ITT)
- Methode Electronics (MEI)
- Optical Cable (OCC)
- RF Industries (RFIL)
- TE Connectivity (TEL)