More about TE Connectivity plc
Regulatory Filings for TE Connectivity plc
Fundamentals for TE Connectivity plc
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Fundamentals for TE Connectivity plc
Business Operations:
Sector: TechnologyIndustry: Electronic Components
TE Connectivity plc, 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 two reportable segments, Transportation Solutions and Industrial Solutions. It provides antennas, application tooling, cable assemblies, connectors, electromagnetic compatibility/electromagnetic interference solutions, energy and power, fiber optics, heat shrink tubing, identification and labeling, medical components, passive components, relays and contactors, sensors, switches, terminals and splices, wires and cables, and wire protection and management solutions. The company also offers training and other services, including 3D printing for production, back shells prototyping, electrical installation training, HarnWare software, machine tooling service and repair, medical device design services, microfluidic devices, and sensor manufacturing services as well as conducts automotive webinars. It serves 5G and wireless equipment, aerospace, appliances, automation and control, automotive, autosport, commercial and industrial vehicles, connected home, data centers and artificial intelligence, defense and military, energy solutions, e-mobility, industrial machinery, intelligent buildings, IoT connectivity, medical technologies, oil and gas/marine, personal electronics and wearable technology, rail, sensor applications, space, and other industries. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity plc in March 2011. TE Connectivity plc was founded in 1941 and is based in Ballybrit, Ireland.
Revenue projections:
Revenues for TE Connectivity plc are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 1.888000 |
|---|---|
| forwardPE | 17.281174 |
| debtToEquity | 42.258000 |
| earningsGrowth | 71.500000 |
| revenueGrowth | 0.145000 |
| grossMargins | 0.360720 |
| operatingMargins | 0.204890 |
| trailingEps | 9.800000 |
| forwardEps | 12.599260 |
TE Connectivity plc's current ratio being 1.888 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
TEL's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.
With earnings and revenue growth in positive territory, TE Connectivity plc is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success.
TEL's positive gross and operating margins highlight its profitability and operational efficiency. These strong margins demonstrate the company's ability to control costs while generating substantial revenue, contributing to a healthy financial performance.
TEL's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for TEL's financial growth.
Price projections:
Price projections for TEL have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in TEL's market potential.
Insider Transactions:
17 separate sales of TEL shares were executed, with the market price hovering at 191.05940964642693.There were no sell transactions during the given timeframe.With more buying than selling around TEL's current price, investors could be expressing optimism. This trend may suggest that the market expects favorable outcomes for the stock, leading to an increased demand at these levels.
Recommendation changes over time:
TEL has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view TEL as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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