TE Connectivity (NYSE:TEL) Releases Q2 Earnings Guidance

TE Connectivity (NYSE:TEL) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of ~$1.96 for the period, compared to the consensus estimate of $1.98. The company issued revenue guidance of ~$3.95 billion, compared to the consensus revenue estimate of $4.07 billion. TE Connectivity also updated its Q2 2025 guidance to 1.960-1.960 EPS.

TE Connectivity Price Performance

Shares of NYSE TEL opened at $156.73 on Friday. The firm’s 50-day simple moving average is $147.43 and its 200 day simple moving average is $148.80. The stock has a market cap of $46.78 billion, a P/E ratio of 25.04, a P/E/G ratio of 2.12 and a beta of 1.32. The company has a quick ratio of 1.08, a current ratio of 1.68 and a debt-to-equity ratio of 0.26. TE Connectivity has a fifty-two week low of $137.61 and a fifty-two week high of $159.98.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.06. TE Connectivity had a return on equity of 18.82% and a net margin of 12.10%. The company had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3,916,310.63 billion. During the same period last year, the firm earned $1.84 EPS. The firm’s revenue for the quarter was up .1% on a year-over-year basis. Equities analysts expect that TE Connectivity will post 8.1 EPS for the current year.

TE Connectivity announced that its board has approved a share repurchase plan on Wednesday, October 30th that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the electronics maker to purchase up to 5.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

TEL has been the subject of a number of research analyst reports. The Goldman Sachs Group reduced their target price on TE Connectivity from $189.00 to $179.00 and set a “buy” rating for the company in a report on Tuesday, October 1st. Hsbc Global Res lowered TE Connectivity from a “hold” rating to a “moderate sell” rating in a research report on Thursday, October 31st. Robert W. Baird upped their target price on TE Connectivity from $162.00 to $168.00 and gave the company an “outperform” rating in a report on Thursday. Truist Financial decreased their price target on shares of TE Connectivity from $165.00 to $163.00 and set a “hold” rating for the company in a report on Thursday. Finally, HSBC upgraded shares of TE Connectivity from a “reduce” rating to a “hold” rating and set a $166.00 price objective on the stock in a research note on Thursday. Seven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $165.00.

About TE Connectivity

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.