Zacks Research Forecasts Weaker Earnings for TE Connectivity

TE Connectivity Ltd. (NYSE:TEL) – Research analysts at Zacks Research cut their Q1 2025 EPS estimates for TE Connectivity in a research note issued on Tuesday, January 21st. Zacks Research analyst A. Ganguly now anticipates that the electronics maker will post earnings of $1.64 per share for the quarter, down from their previous forecast of $1.88. The consensus estimate for TE Connectivity’s current full-year earnings is $8.10 per share. Zacks Research also issued estimates for TE Connectivity’s Q2 2025 earnings at $1.74 EPS.

TEL has been the subject of several other research reports. Hsbc Global Res downgraded shares of TE Connectivity from a “hold” rating to a “moderate sell” rating in a research note on Thursday, October 31st. The Goldman Sachs Group cut their price objective on TE Connectivity from $189.00 to $179.00 and set a “buy” rating on the stock in a report on Tuesday, October 1st. HSBC lowered TE Connectivity from a “hold” rating to a “reduce” rating and set a $137.00 price objective on the stock. in a research report on Thursday, October 31st. Bank of America cut their price target 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. Finally, Wells Fargo & Company cut their target price on shares of TE Connectivity from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $160.91.

TE Connectivity Stock Up 4.3 %

TEL stock opened at $154.72 on Thursday. The stock has a market capitalization of $46.18 billion, a P/E ratio of 15.06, a price-to-earnings-growth ratio of 2.02 and a beta of 1.32. The company has a current ratio of 1.61, a quick ratio of 1.08 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average price of $147.43 and a 200-day moving average price of $148.80. TE Connectivity has a 12 month low of $133.57 and a 12 month high of $159.98.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.06. The company had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3,916,310.63 billion. TE Connectivity had a return on equity of 18.48% and a net margin of 20.15%. TE Connectivity’s revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.84 EPS.

Institutional Investors Weigh In On TE Connectivity

Institutional investors and hedge funds have recently made changes to their positions in the business. Pinnacle Bancorp Inc. bought a new position in TE Connectivity during the fourth quarter worth $26,000. Armstrong Advisory Group Inc. raised its stake in shares of TE Connectivity by 208.3% in the third quarter. Armstrong Advisory Group Inc. now owns 222 shares of the electronics maker’s stock worth $34,000 after purchasing an additional 150 shares during the last quarter. Wolff Wiese Magana LLC lifted its stake in TE Connectivity by 2,450.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 255 shares of the electronics maker’s stock valued at $39,000 after acquiring an additional 245 shares in the last quarter. Hilltop National Bank bought a new position in shares of TE Connectivity during the fourth quarter valued at about $55,000. Finally, Webster Bank N. A. purchased a new position in shares of TE Connectivity in the 4th quarter worth approximately $61,000. Institutional investors own 91.43% of the company’s stock.

TE Connectivity declared that its board has authorized a stock buyback plan on Wednesday, October 30th that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the electronics maker to reacquire up to 5.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

TE Connectivity Company Profile

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.