Amphenol Corporation (NYSE:APH) Given Price Target Of $61.4


As per Amphenol Corporation (NYSE:APH)’s news release on 2016-07-29, its shareholders will get cash dividend of $0.14 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-13 and 2016-10-05, respectively.

The stock will commence trading ex-dividend from 2016-09-09, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Amphenol Corporation (NYSE:APH) disbursed $0.14 in dividend compared to distribution of $0.14, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 17.7778%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Amphenol Corporation (NYSE:APH) to attain a price target of $61.4. It is an average estimate figure given by 5 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $63. The low price range is set at $58 for next year while the arithmetic mean is seen at 2.43.

Eyeing Earnings Amphenol Corporation (NYSE:APH) is likely to post quarterly numbers around 2016-10-19 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.68 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, Amphenol Corporation (NYSE:APH) earnings came at $0.65 suggesting a deviation of $0.02. The brokerages targeted EPS of $0.63 for the quarter.

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