Alert: New Earnings Report (10/23/24)-Amphenol Corp (NYSE: APH).

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For its third fiscal quarter (ending September 30), Amphenol Corp (NYSE: APH) has reported E.P.S. of $0.50 compared to $0.86 a year ago. E.P.S. were $1.83 for the latest four quarters through September 30 versus $3.22 for the same period a year ago.

Recent Price Action

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On 10/23/24, Amphenol Corp (NYSE: APH) stock enjoyed a large increase of 2.4%, closing at $68.47. Moreover, unusually high trading volume at 193% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 4.2% 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 C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Amphenol has a slightly negative Appreciation Score of 38 but a very high Power Rating of 88, producing the High Neutral Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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