TE Connectivity (NYSE:TEL) Issues Q2 Earnings Guidance

TE Connectivity (NYSE:TEL) updated its second quarter earnings guidance on Wednesday. The company provided EPS guidance of ~$1.96 for the period, compared to the consensus EPS 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.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on TEL shares. Citigroup upped their price objective on TE Connectivity from $160.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday. Hsbc Global Res cut TE Connectivity from a “hold” rating to a “moderate sell” rating in a research report on Thursday, October 31st. HSBC downgraded TE Connectivity from a “hold” rating to a “reduce” rating and set a $137.00 price objective for the company. in a report on Thursday, October 31st. Bank of America upped their target price on shares of TE Connectivity from $167.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Wells Fargo & Company reduced their price target on shares of TE Connectivity from $153.00 to $151.00 and set an “equal weight” rating for the company in a research note on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, TE Connectivity has a consensus rating of “Hold” and an average target price of $161.36.

TE Connectivity Price Performance

Shares of TE Connectivity stock opened at $154.72 on Thursday. The stock’s fifty day moving average is $147.43 and its 200 day moving average is $148.80. TE Connectivity has a one year low of $133.57 and a one year high of $159.98. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.08 and a current ratio of 1.61. The stock has a market cap of $46.18 billion, a P/E ratio of 15.06, a P/E/G ratio of 2.02 and a beta of 1.32.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.06. TE Connectivity had a return on equity of 18.48% and a net margin of 20.15%. The firm had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3,916,310.63 billion. During the same period in the previous year, the firm earned $1.84 EPS. The business’s quarterly revenue was up .1% on a year-over-year basis. Sell-side analysts anticipate that TE Connectivity will post 8.1 earnings per share for the current year.

TE Connectivity declared that its board has authorized a share repurchase program on Wednesday, October 30th that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the electronics maker to reacquire up to 5.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

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.