Stock Rating Upgrade
The Value Trend Rating for Amphenol Corp (NYSE: APH) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 6/14/24, Amphenol Corp (NYSE: APH) stock declined modestly by -1.0%, closing at $68.27. However, trading volume in this decline was unusually low at 56% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -47.8% during the last week.
Current PriceTarget Research Rating
APH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Amphenol has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Amphenol has a slightly negative Appreciation Score of 34 but a very high Power Rating of 91, producing the Positive Value Trend Rating.
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