TE Connectivity Ltd (TEL) Analysts See $1.16 EPS

October 13, 2017 - By Richard Conner

 TE Connectivity Ltd (TEL) Analysts See $1.16 EPS
Investors sentiment decreased to 0.97 in Q2 2017. Its down 0.11, from 1.08 in 2017Q1. It dived, as 41 investors sold TE Connectivity Ltd shares while 194 reduced holdings. 65 funds opened positions while 164 raised stakes. 309.23 million shares or 2.81% less from 318.18 million shares in 2017Q1 were reported.
Clark Capital Mngmt Grp Inc Inc reported 1.01% in TE Connectivity Ltd (NYSE:TEL). Linscomb & Williams Incorporated invested in 3,100 shares or 0.02% of the stock. Moreover, Ubs Asset Americas has 0% invested in TE Connectivity Ltd (NYSE:TEL) for 1.44M shares. Usa Portformulas has 0.71% invested in TE Connectivity Ltd (NYSE:TEL). Wellington Llp has invested 0% in TE Connectivity Ltd (NYSE:TEL). Axa reported 4,132 shares or 0% of all its holdings. King Luther Cap Mngmt, Texas-based fund reported 18,872 shares. Fukoku Mutual Life Com accumulated 4,650 shares. Hanson Mcclain holds 0% or 392 shares. Sentinel Asset Management Inc reported 0.09% in TE Connectivity Ltd (NYSE:TEL). First Pacific Advsrs Ltd Liability Company holds 3.44% or 5.76M shares. The Connecticut-based Bradley Foster & Sargent Inc Ct has invested 0.2% in TE Connectivity Ltd (NYSE:TEL). Bb&T Lc has 86,116 shares for 0.1% of their portfolio. Adage Cap Prtn Grp Limited Co holds 519,995 shares. Howland Capital Ltd Limited Liability Company reported 270,552 shares.

Since May 1, 2017, it had 0 insider purchases, and 6 insider sales for $25.63 million activity. LYNCH THOMAS J sold $10.50M worth of stock. Another trade for 12,400 shares valued at $952,217 was sold by Ott Robert J. Shares for $498,778 were sold by Donahue Joseph B.

Investors wait TE Connectivity Ltd (NYSE:TEL) to report on November, 1. its quarterly earnings Wall Street analysts expect $1.16 earnings per share, down $0.11 or 8.66 % from last year’s $1.27 same quarter earnings. This translates into $409.98M profit for TEL giving the stock a 18.91 P/E. This is assuming the current $1.16 EPS is accurate. TE Connectivity Ltd’s Wall Street analysts see -6.45 % negative EPS growth, taking into account the $1.24 EPS reproted in the previous quarter, The stock increased 0.34% or $0.3 during the last trading session, reaching $87.74. About 876,070 shares traded. TE Connectivity Ltd (NYSE:TEL) has risen 29.30% since October 14, 2016 and is uptrending. It has outperformed by 12.60% the S&P500.

TE Connectivity Ltd (NYSE:TEL) Ratings Coverage

Among 8 analysts covering TE Connectivity (NYSE:TEL), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. TE Connectivity had 25 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was reinitiated by Goldman Sachs with “Buy” on Friday, September 18. RBC Capital Markets maintained it with “Outperform” rating and $66 target in Thursday, November 3 report. RBC Capital Markets maintained the shares of TEL in report on Friday, September 25 with “Outperform” rating. The firm has “Buy” rating given on Thursday, January 21 by Stifel Nicolaus. RBC Capital Markets maintained TE Connectivity Ltd (NYSE:TEL) rating on Monday, January 18. RBC Capital Markets has “Outperform” rating and $65 target. The stock of TE Connectivity Ltd (NYSE:TEL) has “Hold” rating given on Wednesday, March 2 by Berenberg. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 4. Goldman Sachs downgraded TE Connectivity Ltd (NYSE:TEL) rating on Monday, May 9. Goldman Sachs has “Neutral” rating and $66 target. The rating was maintained by SunTrust on Wednesday, October 11 with “Hold”. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, January 26.

TE Connectivity Ltd. is a technology company. The company has market cap of $31.01 billion. The Firm creates and makes connectivity and sensors solutions. It has a 18.7 P/E ratio. It operates through three divisions: Transportation Solutions, Industrial Solutions and Communications Solutions.

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