Investigating Amphenol Corporation’s Short Interest with Benzinga
December 23, 2023
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The company has products for commercial, industrial, automotive, military and aerospace markets, among others. Its products are used in a wide range of industries, from medical instruments to communications systems. This indicates that investors have become more optimistic about the stock’s performance in the coming months. As the company’s short interest decreased from one settlement to the next, the stock prices have also seen a corresponding increase.
Overall, the analysis of Amphenol Corporation ($NYSE:APH)’s short interest by Benzinga appears to reflect an optimistic outlook for the stock. The company’s recent earnings report, combined with its steadily decreasing short interest, suggests that investors are becoming more and more confident in the stock’s long-term prospects. As a result, investors should consider investing in this stock in order to take advantage of potential gains.
Price History
On Friday, AMPHENOL CORPORATION’s stock opened at $98.8 and closed at $99.0, up by 0.7% from the previous closing price of 98.3. Benzinga has been investigating the company’s short interest, which is the total number of shares currently being sold short by investors and traders. This can be used as an indicator of market sentiment towards the stock as high levels of short interest often suggest increased bearishness. It can also be used to identify potential opportunities for profit if the short positions are covered, leading to a surge in prices.
Benzinga has also looked at the company’s fundamental and technical analysis, which could provide an insight into the direction of stock prices in the near future. From their research, it appears that Amphenol Corporation is in a good position to continue its growth in the coming months. 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
At GoodWhale, we’ve been analyzing the financials of AMPHENOL CORPORATION and based on our Star Chart, we can conclude that the company is strong in dividend, growth, profitability, and medium in asset. It has been classified as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth, which makes it an attractive prospect for certain types of investors. We also rate AMPHENOL CORPORATION’s financial health 9/10 due to its ability to generate cashflows and pay off debt. This shows that the company is capable of funding future operations. As such, AMPHENOL CORPORATION is an attractive prospect for investors looking for companies with strong yet sustainable growth 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
Amphenol Corporation is a leading manufacturer of electrical, electronic and fiber-optic connectors, interconnect systems, antennas, and sensors. Recently, investors have been taking a closer look at Amphenol’s stock, particularly its short interest. This shows that there is an increased interest in shorting Amphenol’s stock, potentially due to concerns around its future performance in the current economic climate. Although Amphenol has shown resilience during the coronavirus pandemic, investors should carefully weigh the risks before investing in the company.
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