Amphenol Corp. Cl A Stock Takes a Dip, Underperforming Market
January 6, 2024
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Amphenol Corp. Cl A stock took a dip on Friday, not keeping pace with the stock market as a whole. Amphenol Corporation ($NYSE:APH) is a leading global interconnect solutions provider. It designs, manufactures and markets electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor-based products for a broad range of industries and end-markets including automotive, industrial, datacom, telecommunications, aerospace and defense. The company operates in two segments: Interconnect Products, which offers a broad range of electrical, electronic and fiber optic connectors and cable assemblies; and Cable Products, which offers communications, specialty electrification, and industrial cables.
Market Price
The stock opened at $98.0 and closed at $96.8, a decrease of 2.3% from the previous closing price of 99.1. This dip follows a period of steady growth for Amphenol Corporation, which produces electrical and electronic connectors and cables for the industrial, automotive, aerospace, information technology, telecommunications, and defense industries. Investors will likely be watching Amphenol’s stock closely to see if the dip is a short-term hiccup or a sign of a larger trend. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amphenol Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 12.47k | 1.92k | 15.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amphenol Corporation. More…
| Operations | Investing | Financing |
| 2.39k | -785 | -1.32k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amphenol Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.76k | 7.82k | 13.13 |
Key Ratios Snapshot
Some of the financial key ratios for Amphenol Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.4% | 17.5% | 20.6% |
| FCF Margin | ROE | ROA |
| 16.3% | 20.8% | 10.2% |
Analysis
GoodWhale recently conducted an analysis of AMPHENOL CORPORATION‘s wellbeing. According to our Star Chart, AMPHENOL CORPORATION scored 9/10 in health, which indicates that this company is capable of riding out any potential crisis without the risk of bankruptcy due to its strong cashflows and debt. Additionally, it is strong in dividend, growth, and profitability, and medium in asset. We have classified AMPHENOL CORPORATION as a ‘rhino’, meaning that it has achieved moderate revenue or earnings growth. Investors who are interested in such companies may want to look into investing in AMPHENOL CORPORATION due to its strong financial health and potential for growth. With a strong dividend and a track record of profitability, investors can feel confident placing their money in this company. Additionally, its moderate asset base suggests that it is open to investment opportunities. More…
Peers
Amphenol Corp is a leading manufacturer of electronic and fiber optic connectors, cables and interconnect systems. The company has a strong competitive position against its competitors CviLux Corp, Harada Industry Co Ltd, and Hirose Electric Co Ltd.
– CviLux Corp ($TWSE:8103)
CviLux Corp is a technology company that designs, manufactures, and sells electronic products. The company has a market cap of 2.34B as of 2022 and a return on equity of 12.83%. CviLux Corp’s products include electronic components, semiconductors, and integrated circuits. The company was founded in 2003 and is headquartered in Taipei, Taiwan.
– Harada Industry Co Ltd ($TSE:6904)
Harada Industry Co Ltd is a Japanese company that manufactures and sells automotive parts and components. The company has a market cap of 17.05 billion as of 2022 and a return on equity of -5.2%. Harada Industry Co Ltd is a publicly traded company listed on the Tokyo Stock Exchange.
– Hirose Electric Co Ltd ($TSE:6806)
Hirose Electric Co Ltd has a market cap of 687.03B as of 2022, a Return on Equity of 8.91%. The company designs, manufactures and sells electronic and electrical components and products, including connectors, cables, modules and boards. It also provides engineering services. The company operates in Japan, North America, Europe and Asia.
Summary
This may be a sign of bearish sentiment from investors. It is important to conduct further research and analysis into the company and its fundamentals before making any investing decisions. Analysts suggest looking into Amphenol’s revenue and earnings growth, competitive advantages, dividend yield, debt levels, cash flow position, and management.
Furthermore, it is useful to compare the company’s stock performance with those of its peers in the industry and the broader market. Investors should also take current macroeconomic conditions and future outlook into account before making any investing decisions.
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