TE Connectivity (NYSE:TEL) Announces Earnings Results, Beats Expectations By $0.06 EPS

TE Connectivity (NYSE:TEL) issued its quarterly earnings results on Wednesday. The electronics maker reported $1.95 EPS for the quarter, topping the consensus estimate of $1.89 by $0.06, Zacks reports. TE Connectivity had a return on equity of 18.82% and a net margin of 12.10%. The company had revenue of $3.84 billion for the quarter, compared to the consensus estimate of $3,916,310.63 billion. During the same period in the previous year, the business posted $1.84 EPS. The company’s revenue for the quarter was up .1% on a year-over-year basis. TE Connectivity updated its Q2 2025 guidance to 1.960-1.960 EPS and its Q2 guidance to ~$1.96 EPS.

TE Connectivity Price Performance

Shares of NYSE TEL opened at $156.73 on Friday. TE Connectivity has a fifty-two week low of $137.61 and a fifty-two week high of $159.98. The company has a market cap of $46.78 billion, a PE ratio of 25.04, a P/E/G ratio of 2.12 and a beta of 1.32. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.08 and a current ratio of 1.68. The business has a 50-day simple moving average of $147.43 and a two-hundred day simple moving average of $148.80.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TEL. StockNews.com raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 18th. Robert W. Baird raised their target price on TE Connectivity from $162.00 to $168.00 and gave the stock an “outperform” rating in a research report on Thursday. Wells Fargo & Company boosted their price target on TE Connectivity from $151.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday. Truist Financial lowered their price objective on TE Connectivity from $165.00 to $163.00 and set a “hold” rating for the company in a research note on Thursday. Finally, Citigroup boosted their target price on TE Connectivity from $160.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday. Seven equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $165.00.

TE Connectivity announced that its Board of Directors has approved a stock repurchase plan on Wednesday, October 30th that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the electronics maker to buy up to 5.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

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.