Forecasting The Future: 4 Analyst Projections For TE Connectivity

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TE Connectivity TEL underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 1 2 1 0
Last 30D 0 1 0 0 0
1M Ago 0 0 1 0 0
2M Ago 0 0 1 0 0
3M Ago 0 0 0 1 0

Analysts have set 12-month price targets for TE Connectivity, revealing an average target of $155.25, a high estimate of $168.00, and a low estimate of $137.00. Experiencing a 1.95% decline, the current average is now lower than the previous average price target of $158.33.

price target chart

Interpreting Analyst Ratings: A Closer Look

The perception of TE Connectivity by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Luke Junk Baird Raises Outperform $168.00 $162.00
Asiya Merchant Citigroup Raises Neutral $165.00 $160.00
Colin Langan Wells Fargo Lowers Equal-Weight $151.00 $153.00
Stephen Bersey HSBC Announces Reduce $137.00 -

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to TE Connectivity. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of TE Connectivity compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of TE Connectivity's stock. This comparison reveals trends in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of TE Connectivity's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on TE Connectivity analyst ratings.

Get to Know TE Connectivity Better

TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.

Understanding the Numbers: TE Connectivity's Finances

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Revenue Growth: TE Connectivity's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 0.82%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.

Net Margin: TE Connectivity's net margin excels beyond industry benchmarks, reaching 6.78%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): TE Connectivity's ROE excels beyond industry benchmarks, reaching 2.21%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): TE Connectivity's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.21% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: TE Connectivity's debt-to-equity ratio is below the industry average. With a ratio of 0.35, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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