TE Connectivity (NYSE:TEL) Issues Q2 Earnings Guidance

TE Connectivity (NYSE:TEL) issued an update on its second quarter earnings guidance on Wednesday morning. 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.

TE Connectivity Stock Performance

Shares of TEL stock opened at $148.23 on Wednesday. TE Connectivity has a 52-week low of $133.00 and a 52-week high of $159.98. The company’s 50 day moving average is $147.43 and its 200 day moving average is $148.76. The firm has a market cap of $44.24 billion, a price-to-earnings ratio of 14.43, a PEG ratio of 1.99 and a beta of 1.32. The company has a quick ratio of 1.08, a current ratio of 1.61 and a debt-to-equity ratio of 0.27.

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

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TEL. Bank of America dropped their target price on TE Connectivity from $173.00 to $165.00 and set a “buy” rating on the stock in a research note on Wednesday, October 9th. Hsbc Global Res downgraded shares of TE Connectivity from a “hold” rating to a “moderate sell” rating in a report on Thursday, October 31st. StockNews.com upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 18th. Wells Fargo & Company decreased 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 report on Monday, December 16th. Finally, The Goldman Sachs Group cut their target price on TE Connectivity from $189.00 to $179.00 and set a “buy” rating on the stock in a research report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $160.70.

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.