Alert: Negative Investment/Fundamental Signals (4/30/18)-TE Connectivity Ltd (NYSE: TEL)


TE Connectivity Ltd (NYSE: TEL)



Negative Investment/Fundamental Signals

Extremely significant negative changes in TE Connectivity Ltd (NYSE: TEL) investment behavior have recently occurred: negative upside/downside volume, shorter term price trend turns down, and price decline challenges longer term uptrend.

Recent slight negative changes in fundamentals have impacted TE Connectivity Ltd (NYSE: TEL): significant quarterly earnings deceleration.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, TEL is expected to continue to be a major Value Builder.

TE Connectivity has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. TE Connectivity has a neutral Appreciation Score of 45 but a very high Power Rating of 88, and the Positive Value Trend Rating results.

Recent Price Action

TE Connectivity stock declined on 4/30/18. The shares fell -1.6%, closing at $91.75. Trading volume was normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -8.5% during the last week.

About John Lafferty 44922 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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