TE Connectivity Ltd. stock performance trend indicates that the stock price has rallied 7.8% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 18.25% . Looking at the past 52 week period, the stock price is up at 22.34% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of TE Connectivity Ltd. has a positive value of 25 compared to overall market.TE Connectivity Ltd. is having a Relative Strength Index of 61.83 which indicates the stock is not yet over sold or over bought based on the technical indicators.
TE Connectivity Ltd. (NYSE:TEL) has climbed 2.04% in the past week and advanced 1.22% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.79% and the outperformance has advanced to 0.07% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. TE Connectivity Ltd. (NYSE:TEL) : On Friday heightened volatility was witnessed in TE Connectivity Ltd. (NYSE:TEL) which led to swings in the share price. The stock opened for trading at $76.38 and hit $76.38 on the upside , eventually ending the session at $76.13, with a gain of 0.03% or 0.02 points. The heightened volatility saw the trading volume jump to 1,716,957 shares. The 52-week high of the share price is $76.77 and the company has a market cap of $27,094 million. The 52-week low of the share price is at $54.54 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 26, 2017 to Buy, Raises Price Target to $ 81 from a previous price target of $75 .TE Connectivity Ltd was Upgraded by Longbow to Buy on Jan 12, 2017. TE Connectivity Ltd was Downgraded by Goldman to Sell on Jan 4, 2017.
Company has reported several Insider transactions to the SEC, on Mar 2, 2017, Thomas J Lynch (Chairman & CEO) sold 131,875 shares at 75.68 per share price.On Feb 28, 2017, Tim Murphy (SVP & CHRO) sold 1,752 shares at 74.46 per share price.On Feb 22, 2017, Joseph B Donahue (EVP & COO) sold 6,832 shares at 74.87 per share price.
TE Connectivity Ltd Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.15. Analyst had a consensus of $1.00. The company had revenue of $3063.00 million for the quarter, compared to analysts expectations of $3011.49 million. The companys revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 EPS.
TE Connectivity Ltd., formerly known as Tyco Electronics Ltd., operates as a global provider of engineered electronic components; network solutions and systems; and wireless systems. The Companys engineered electronic components are applicable in consumer and industrial products, network solutions and systems are applicable in telecommunications and energy markets; and wireless systems are applicable for critical communications, radar and defense applications. The Company designs, manufactures and markets products for customers in industries ranging from automotive, appliance, aerospace and defense to telecommunications, computers and consumer electronics. TE Connectivity Ltd. is based in Schaffhausen, Switzerland.